Nikkei225: Daily Read | 2026-10-22

Price on Nikkei 225 (NKY) sits near 63,305, 1.2% lower on the session and down near the floor of its one-month range. The one-month average sits near 66,929, 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 10.4% 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 11.8% above here, with 63,067 below as the shelf that has held, roughly 0.4% down; the 64,000 and 63,000 round numbers are the nearer handles. Zoom out and the last three months have ranged between 60,282 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 63,067 would put 60,282 back in view.

Key levels: support 63,067 (0.4% below), resistance 70,799 (11.8% above), one-month average 66,929, three-month range 60,282 to 71,399.