Nikkei225: Daily Framework Read | 2026-09-18

Price on Nikkei 225 (NKY) sits near 63,923, 0.0% higher on the session and trading in the lower half of its one-month range. The one-month average sits near 65,029, and price is below it, so that line is the pivot the two-way traffic keeps returning to. Momentum has cooled over the last two weeks, roughly 3.7% down, leaving the structure as a downtrend, price under both its one-month and longer averages. The levels that matter are 66,955 overhead, the past month’s swing high, about 4.7% above here, with 62,726 below as the shelf that has held, roughly 1.9% down; the 64,000 and 63,000 round numbers are the nearer handles. Zoom out and the last three months have ranged between 60,449 and 72,618, which frames the bigger picture. For now the tilt is mixed: a close above 66,955 would open room toward 72,618, while losing 62,726 would put 60,449 back in view.

The chart above is the full daily read: structure, momentum, the levels that matter, and where the current price sits against them. Read it top to bottom for the complete picture, and pair it with our session briefs for the wider market context.