FX Morning Briefing — Wed 23 Sep 2026: USD/MXN Rallies 0.62% as European Session Opens

European markets open on Wednesday 23 September 2026 with G10 FX showing mixed signals as the Asian session wraps up and traders position for Friday's US afternoon data. The top movers overnight are USD/MXN (+0.62%), NZD/USD (-0.45%), USD/ZAR (-0.36%). The US Dollar Index (DXY) reflects accumulated Fed rate-cut expectations, with risk-sensitive currencies responding to equity futures and commodity prices in early London trade.

The European morning calendar is light — German and Spanish CPI finals confirm the disinflationary trend — before the key risk event arrives in the US session: University of Michigan Consumer Sentiment (preliminary September) at 16:00 UTC. A beat would support USD broadly; a miss would renew pressure on USD/JPY near its 2026 floor and push EUR/USD back toward its 52-week high. Norges Bank's hawkish hold continues to anchor NOK outperformance, while exotic pairs trade in tight ranges ahead of the weekly close.

All 19 pairs below include live MT5 pivot levels (R1 R2 R3 / S1 S2 S3) computed from Thursday's full-session OHLC, 65-day candlestick charts with SMA20, SMA50 and Bollinger Bands (20,2), and forward-looking analysis for the EU and US sessions on Wed 23 Sep 2026.

Today's Economic Calendar

Time (UTC)	Event	CCY	Previous	Forecast	Actual
05:00	● Core CPI (YoY) (Aug)	SGD	2.00%	2.20%	2.20%
05:00	● CPI (YoY) (Aug)	SGD	2.2%	2.3%	2.3%
07:15	● HCOB France Manufacturing PMI (Sep)	EUR	51.1	50.9	50.3
07:15	● HCOB France Services PMI (Sep)	EUR	48.0	48.3	51.4
07:30	● HCOB Germany Manufacturing PMI (Sep)	EUR	54.3	54.1	53.8
07:30	● HCOB Germany Services PMI (Sep)	EUR	49.7	49.9	52.9
07:30	● Interest Rate Decision	IDR	5.75%	5.75%	5.75%
08:00	● HCOB Eurozone Manufacturing PMI (Sep)	EUR	52.7	52.6	—
08:00	● HCOB Eurozone Composite PMI (Sep)	EUR	52.0	51.7	—
08:00	● HCOB Eurozone Services PMI (Sep)	EUR	51.6	51.4	—
08:30	● S&P Global Composite PMI (Sep)	GBP	52.5	52.0	—
08:30	● S&P Global Manufacturing PMI (Sep)	GBP	51.7	51.5	—
08:30	● S&P Global Services PMI (Sep)	GBP	52.5	52.0	—
09:20	● ECB Supervisory Board Member Tuominen Speaks	EUR	—	—	—
12:30	● New Housing Price Index (MoM) (Aug)	CAD	-0.1%	—	—
13:00	● Interest Rate Decision (Sep)	ZAR	7.00%	7.25%	—
13:45	● S&P Global Manufacturing PMI (Sep)	USD	53.9	53.6	—
13:45	● S&P Global Composite PMI (Sep)	USD	56.0	—	—
13:45	● S&P Global Services PMI (Sep)	USD	56.5	55.8	—
14:05	● Fed Vice Chair for Supervision Barr Speaks	USD	—	—	—
14:30	● Crude Oil Inventories	USD	-0.640M	-0.700M	—
14:30	● Cushing Crude Oil Inventories	USD	-0.342M	—	—
15:45	● German Buba Mauderer Speaks	EUR	—	—	—
16:30	● ECB's Lane Speaks	EUR	—	—	—
17:00	● 5-Year Note Auction	USD	4.393%	—	—

Major Pairs

EUR/USD

1.1421 ▼0.23% Session H 1.1449 / L 1.1420 52W 1.1324–1.2082

R3	R2	R1	S1	S2	S3
1.1523	1.1500	1.1474	1.1425	1.1402	1.1376

EUR/USD opens the European session at 1.1421 (-0.23% vs. Thursday's close), just 0.86% above its 52-week floor at 1.1324. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 1.1451. The 52-week range of 1.1324–1.2082 places EUR/USD at the 13th percentile — the annual support is the key line in the sand — hold or break determines the next directional leg.

Resistance levels to monitor on the upside: R1 at 1.1474 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.1500) and R3 (1.1523). On the downside, S1 at 1.1425 is the immediate support floor — a confirmed break below S1 exposes S2 (1.1402) then S3 (1.1376). The R1–S1 corridor (1.1474–1.1425) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For EUR/USD, a weekly close below S1 would reinforce the corrective bias into next week.

EUR/USDRangeboundBelow S1Near 52W Low

GBP/USD

1.3307 ▼0.26% Session H 1.3346 / L 1.3306 52W 1.3009–1.3868

R3	R2	R1	S1	S2	S3
1.3444	1.3415	1.3378	1.3313	1.3284	1.3247

GBP/USD opens the European session at 1.3307 (-0.26% vs. Thursday's close), at the 35th percentile of its 1.3009–1.3868 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 1.3349. The 52-week range of 1.3009–1.3868 places GBP/USD at the 35th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 1.3378 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.3415) and R3 (1.3444). On the downside, S1 at 1.3313 is the immediate support floor — a confirmed break below S1 exposes S2 (1.3284) then S3 (1.3247). The R1–S1 corridor (1.3378–1.3313) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For GBP/USD, a weekly close below S1 would reinforce the corrective bias into next week.

GBP/USDRangeboundBelow S1

USD/JPY

157.82 ▲0.28% Session H 157.85 / L 157.32 52W 147.07–163.98

R3	R2	R1	S1	S2	S3
158.78	158.28	157.83	156.88	156.37	155.92

USD/JPY opens the European session at 157.82 (+0.28% vs. Thursday's close), at the 64th percentile of its 147.07–163.98 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 157.32. The 52-week range of 147.07–163.98 places USD/JPY at the 64th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 157.83 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (158.28) and R3 (158.78). On the downside, S1 at 156.88 is the immediate support floor — a confirmed break below S1 exposes S2 (156.37) then S3 (155.92). The R1–S1 corridor (157.83–156.88) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For USD/JPY, a weekly close above R1 would confirm the bullish structure into next week.

USD/JPYRangebound

USD/CHF

0.8223 ▲0.27% Session H 0.8226 / L 0.8196 52W 0.7602–0.8263

R3	R2	R1	S1	S2	S3
0.8264	0.8244	0.8222	0.8181	0.8161	0.8140

USD/CHF opens the European session at 0.8223 (+0.27% vs. Thursday's close), just 0.48% below its 52-week high of 0.8263. The intraday bias tilts bullish while price holds above the daily pivot at 0.8202. The 52-week range of 0.7602–0.8263 places USD/CHF at the 94th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 0.8222 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.8244) and R3 (0.8264). On the downside, S1 at 0.8181 is the immediate support floor — a confirmed break below S1 exposes S2 (0.8161) then S3 (0.8140). The R1–S1 corridor (0.8222–0.8181) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For USD/CHF, a weekly close above R1 would confirm the bullish structure into next week.

USD/CHFRangeboundAbove R1Near 52W High

AUD/USD

0.7084 ▼0.26% Session H 0.7117 / L 0.7081 52W 0.6421–0.7277

R3	R2	R1	S1	S2	S3
0.7147	0.7136	0.7120	0.7092	0.7081	0.7064

AUD/USD opens the European session at 0.7084 (-0.26% vs. Thursday's close), at the 78th percentile of its 0.6421–0.7277 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 0.7109. The 52-week range of 0.6421–0.7277 places AUD/USD at the 78th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 0.7120 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.7136) and R3 (0.7147). On the downside, S1 at 0.7092 is the immediate support floor — a confirmed break below S1 exposes S2 (0.7081) then S3 (0.7064). The R1–S1 corridor (0.7120–0.7092) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For AUD/USD, a weekly close below S1 would reinforce the corrective bias into next week.

AUD/USDRangeboundBelow S1

NZD/USD

0.5701 ▼0.45% Session H 0.5731 / L 0.5699 52W 0.5576–0.6091

R3	R2	R1	S1	S2	S3
0.5801	0.5772	0.5750	0.5698	0.5670	0.5647

NZD/USD opens the European session at 0.5701 (-0.45% vs. Thursday's close), at the 24th percentile of its 0.5576–0.6091 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 0.5721. The 52-week range of 0.5576–0.6091 places NZD/USD at the 24th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 0.5750 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.5772) and R3 (0.5801). On the downside, S1 at 0.5698 is the immediate support floor — a confirmed break below S1 exposes S2 (0.5670) then S3 (0.5647). The R1–S1 corridor (0.5750–0.5698) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For NZD/USD, a weekly close below S1 would reinforce the corrective bias into next week.

NZD/USDBearish

USD/CAD

1.4084 ▲0.31% Session H 1.4087 / L 1.4055 52W 1.3481–1.4247

R3	R2	R1	S1	S2	S3
1.4066	1.4054	1.4047	1.4028	1.4017	1.4010

USD/CAD opens the European session at 1.4084 (+0.31% vs. Thursday's close), just 1.16% below its 52-week high of 1.4247. The intraday bias tilts bullish while price holds above the daily pivot at 1.4035. The 52-week range of 1.3481–1.4247 places USD/CAD at the 79th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 1.4047 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.4054) and R3 (1.4066). On the downside, S1 at 1.4028 is the immediate support floor — a confirmed break below S1 exposes S2 (1.4017) then S3 (1.4010). The R1–S1 corridor (1.4047–1.4028) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For USD/CAD, a weekly close above R1 would confirm the bullish structure into next week.

USD/CADBullishAbove R1Near 52W High

Cross Pairs

EUR/GBP

0.8582 ▲0.05% Session H 0.8583 / L 0.8574 52W 0.8454–0.8864

R3	R2	R1	S1	S2	S3
0.8599	0.8591	0.8584	0.8569	0.8561	0.8555

EUR/GBP opens the European session at 0.8582 (+0.05% vs. Thursday's close), at the 31th percentile of its 0.8454–0.8864 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 0.8576. The 52-week range of 0.8454–0.8864 places EUR/GBP at the 31th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 0.8584 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.8591) and R3 (0.8599). On the downside, S1 at 0.8569 is the immediate support floor — a confirmed break below S1 exposes S2 (0.8561) then S3 (0.8555). The R1–S1 corridor (0.8584–0.8569) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For EUR/GBP, a weekly close above R1 would confirm the bullish structure into next week.

EUR/GBPRangebound

EUR/JPY

180.25 ▼0.14% Session H 180.37 / L 180.01 52W 172.35–187.94

R3	R2	R1	S1	S2	S3
181.43	181.12	180.81	180.19	179.89	179.57

EUR/JPY opens the European session at 180.25 (-0.14% vs. Thursday's close), at the 51th percentile of its 172.35–187.94 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 180.50. The 52-week range of 172.35–187.94 places EUR/JPY at the 51th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 180.81 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (181.12) and R3 (181.43). On the downside, S1 at 180.19 is the immediate support floor — a confirmed break below S1 exposes S2 (179.89) then S3 (179.57). The R1–S1 corridor (180.81–180.19) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For EUR/JPY, a weekly close below S1 would reinforce the corrective bias into next week.

EUR/JPYRangebound

GBP/JPY

210.64 ▲0.18% Session H 210.88 / L 210.07 52W 197.47–219.59

R3	R2	R1	S1	S2	S3
211.87	211.31	210.78	209.70	209.14	208.61

GBP/JPY opens the European session at 210.64 (+0.18% vs. Thursday's close), at the 60th percentile of its 197.47–219.59 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 210.22. The 52-week range of 197.47–219.59 places GBP/JPY at the 60th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 210.78 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (211.31) and R3 (211.87). On the downside, S1 at 209.70 is the immediate support floor — a confirmed break below S1 exposes S2 (209.14) then S3 (208.61). The R1–S1 corridor (210.78–209.70) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For GBP/JPY, a weekly close above R1 would confirm the bullish structure into next week.

GBP/JPYRangebound

AUD/JPY

111.81 ▼0.22% Session H 112.13 / L 111.76 52W 96.24–114.95

R3	R2	R1	S1	S2	S3
112.64	112.43	112.24	111.83	111.61	111.42

AUD/JPY opens the European session at 111.81 (-0.22% vs. Thursday's close), at the 83th percentile of its 96.24–114.95 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 112.02. The 52-week range of 96.24–114.95 places AUD/JPY at the 83th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 112.24 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (112.43) and R3 (112.64). On the downside, S1 at 111.83 is the immediate support floor — a confirmed break below S1 exposes S2 (111.61) then S3 (111.42). The R1–S1 corridor (112.24–111.83) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For AUD/JPY, a weekly close below S1 would reinforce the corrective bias into next week.

AUD/JPYRangeboundBelow S1

Nordic Pairs

USD/NOK

9.438 ▲0.06% Session H 9.446 / L 9.413 52W 9.144–10.297

R3	R2	R1	S1	S2	S3
9.517	9.481	9.457	9.397	9.362	9.337

USD/NOK opens the European session at 9.438 (+0.06% vs. Thursday's close), at the 25th percentile of its 9.144–10.297 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 9.422. The 52-week range of 9.144–10.297 places USD/NOK at the 25th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 9.457 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (9.481) and R3 (9.517). On the downside, S1 at 9.397 is the immediate support floor — a confirmed break below S1 exposes S2 (9.362) then S3 (9.337). The R1–S1 corridor (9.457–9.397) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For USD/NOK, a weekly close above R1 would confirm the bullish structure into next week.

USD/NOKRangebound

USD/SEK

9.863 ▲0.13% Session H 9.867 / L 9.811 52W 8.736–9.873

R3	R2	R1	S1	S2	S3
9.933	9.893	9.872	9.811	9.771	9.750

USD/SEK opens the European session at 9.863 (+0.13% vs. Thursday's close), just 0.10% below its 52-week high of 9.873. The intraday bias tilts bullish while price holds above the daily pivot at 9.832. The 52-week range of 8.736–9.873 places USD/SEK at the 99th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 9.872 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (9.893) and R3 (9.933). On the downside, S1 at 9.811 is the immediate support floor — a confirmed break below S1 exposes S2 (9.771) then S3 (9.750). The R1–S1 corridor (9.872–9.811) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For USD/SEK, a weekly close above R1 would confirm the bullish structure into next week.

USD/SEKRangeboundNear 52W High

EUR/NOK

10.816 ▲0.16% Session H 10.826 / L 10.775 52W 10.672–12.011

R3	R2	R1	S1	S2	S3
10.852	10.840	10.819	10.787	10.776	10.755

EUR/NOK opens the European session at 10.816 (+0.16% vs. Thursday's close), just 1.35% above its 52-week floor at 10.672. The intraday bias tilts bullish while price holds above the daily pivot at 10.808. The 52-week range of 10.672–12.011 places EUR/NOK at the 11th percentile — the annual support is the key line in the sand — hold or break determines the next directional leg.

Resistance levels to monitor on the upside: R1 at 10.819 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (10.840) and R3 (10.852). On the downside, S1 at 10.787 is the immediate support floor — a confirmed break below S1 exposes S2 (10.776) then S3 (10.755). The R1–S1 corridor (10.819–10.787) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For EUR/NOK, a weekly close above R1 would confirm the bullish structure into next week.

EUR/NOKRangeboundNear 52W Low

NOK/SEK

1.0406 ▼0.21% Session H 1.0414 / L 1.0355 52W 0.9060–1.0487

R3	R2	R1	S1	S2	S3
1.0577	1.0504	1.0466	1.0355	1.0282	1.0244

NOK/SEK opens the European session at 1.0406 (-0.21% vs. Thursday's close), just 0.78% below its 52-week high of 1.0487. The intraday bias tilts bullish while price holds above the daily pivot at 1.0393. The 52-week range of 0.9060–1.0487 places NOK/SEK at the 94th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 1.0466 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.0504) and R3 (1.0577). On the downside, S1 at 1.0355 is the immediate support floor — a confirmed break below S1 exposes S2 (1.0282) then S3 (1.0244). The R1–S1 corridor (1.0466–1.0355) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For NOK/SEK, a weekly close above R1 would confirm the bullish structure into next week.

NOK/SEKRangeboundNear 52W High

Exotic Pairs

USD/TRY

48.833 ▲0.04% Session H 48.836 / L 48.677 52W 41.356–48.836

R3	R2	R1	S1	S2	S3
49.027	48.922	48.869	48.711	48.606	48.553

USD/TRY opens the European session at 48.833 (+0.04% vs. Thursday's close), just 0.01% below its 52-week high of 48.836. The intraday bias tilts bullish while price holds above the daily pivot at 48.764. The 52-week range of 41.356–48.836 places USD/TRY at the 100th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 48.869 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (48.922) and R3 (49.027). On the downside, S1 at 48.711 is the immediate support floor — a confirmed break below S1 exposes S2 (48.606) then S3 (48.553). The R1–S1 corridor (48.869–48.711) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For USD/TRY, a weekly close above R1 would confirm the bullish structure into next week.

USD/TRYRangeboundNear 52W High

USD/MXN

17.367 ▲0.62% Session H 17.367 / L 17.280 52W 16.855–18.769

R3	R2	R1	S1	S2	S3
17.357	17.310	17.285	17.213	17.166	17.141

USD/MXN opens the European session at 17.367 (+0.62% vs. Thursday's close), at the 27th percentile of its 16.855–18.769 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 17.238. The 52-week range of 16.855–18.769 places USD/MXN at the 27th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 17.285 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (17.310) and R3 (17.357). On the downside, S1 at 17.213 is the immediate support floor — a confirmed break below S1 exposes S2 (17.166) then S3 (17.141). The R1–S1 corridor (17.285–17.213) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For USD/MXN, a weekly close above R1 would confirm the bullish structure into next week.

USD/MXNBullishAbove R1

USD/ZAR

16.24 ▼0.36% Session H 16.25 / L 16.16 52W 15.64–17.57

R3	R2	R1	S1	S2	S3
16.41	16.35	16.33	16.25	16.19	16.17

USD/ZAR opens the European session at 16.24 (-0.36% vs. Thursday's close), at the 31th percentile of its 15.64–17.57 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 16.27. The 52-week range of 15.64–17.57 places USD/ZAR at the 31th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 16.33 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (16.35) and R3 (16.41). On the downside, S1 at 16.25 is the immediate support floor — a confirmed break below S1 exposes S2 (16.19) then S3 (16.17). The R1–S1 corridor (16.33–16.25) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For USD/ZAR, a weekly close below S1 would reinforce the corrective bias into next week.

USD/ZARBearishBelow S1

USD/PLN

3.8090 ▲0.23% Session H 3.8090 / L 3.7929 52W 3.4750–3.8127

R3	R2	R1	S1	S2	S3
3.8250	3.8133	3.8068	3.7886	3.7769	3.7704

USD/PLN opens the European session at 3.8090 (+0.23% vs. Thursday's close), just 0.10% below its 52-week high of 3.8127. The intraday bias tilts bullish while price holds above the daily pivot at 3.7951. The 52-week range of 3.4750–3.8127 places USD/PLN at the 99th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 3.8068 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (3.8133) and R3 (3.8250). On the downside, S1 at 3.7886 is the immediate support floor — a confirmed break below S1 exposes S2 (3.7769) then S3 (3.7704). The R1–S1 corridor (3.8068–3.7886) marks the most probable intraday trading band.

For the session ahead, the key US data risk is the UoM Consumer Sentiment (preliminary September reading), due at 16:00 UTC. A reading above consensus would strengthen the dollar broadly; a miss would renew USD selling pressure. For USD/PLN, a weekly close above R1 would confirm the bullish structure into next week.

USD/PLNRangeboundAbove R1Near 52W High

Informational purposes only — not investment advice. Pivot levels computed from Thursday's session OHLC via standard floor-pivot formula. Data sourced from MetaTrader 5 as of Wednesday 23 September 2026 EU open. Past performance is not indicative of future results.