Nikkei225: Daily Read | 2026-10-20

Price on Nikkei 225 (NKY) sits near 64,052, 1.9% lower on the session and down near the floor of its one-month range. The one-month average sits near 66,920, 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 6.2% down, leaving the structure as a pullback, slipping under the one-month average while the longer trend still points up. The levels that matter are 70,799 overhead, the past month’s swing high, about 10.5% above here, with 62,726 below as the shelf that has held, roughly 2.1% down; the 65,000 and 64,000 round numbers are the nearer handles. Zoom out and the last three months have ranged between 59,292 and 71,399, which frames the bigger picture. For now the tilt is bearish: a close above 70,799 would open room toward 71,399, while losing 62,726 would put 59,292 back in view.

Key levels: support 62,726 (2.1% below), resistance 70,799 (10.5% above), one-month average 66,920, three-month range 59,292 to 71,399.