FX Morning Briefing — Fri 23 Oct 2026: AUD/JPY Slides 1.04% as European Session Opens

European markets open on Friday 23 October 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 AUD/JPY (-1.04%), EUR/JPY (-0.94%), USD/JPY (-0.85%). 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 Fri 23 Oct 2026.

Today's Economic Calendar

Time (UTC)	Event	CCY	Previous	Forecast	Actual
00:30	● S&P Global Services PMI (Oct)	JPY	51.3	—	52.0
05:00	● Core CPI (YoY) (Sep)	SGD	2.20%	2.30%	2.00%
05:00	● CPI (YoY) (Sep)	SGD	2.3%	2.3%	2.2%
06:00	● Core Retail Sales (YoY) (Sep)	GBP	2.9%	1.5%	0.8%
06:00	● Core Retail Sales (MoM) (Sep)	GBP	0.9%	-0.1%	-0.7%
06:00	● Retail Sales (YoY) (Sep)	GBP	2.7%	1.0%	0.8%
06:00	● Retail Sales (MoM) (Sep)	GBP	0.7%	-0.1%	-0.4%
07:15	● HCOB France Manufacturing PMI (Oct)	EUR	50.6	50.5	—
07:15	● HCOB France Services PMI (Oct)	EUR	51.2	50.7	—
07:30	● HCOB Germany Manufacturing PMI (Oct)	EUR	53.9	53.5	—
07:30	● HCOB Germany Services PMI (Oct)	EUR	52.9	52.5	—
08:00	● HCOB Eurozone Manufacturing PMI (Oct)	EUR	52.9	52.7	—
08:00	● HCOB Eurozone Composite PMI (Oct)	EUR	53.1	52.7	—
08:00	● HCOB Eurozone Services PMI (Oct)	EUR	53.0	52.6	—
08:30	● S&P Global Composite PMI (Oct)	GBP	52.0	51.8	—
08:30	● S&P Global Manufacturing PMI (Oct)	GBP	51.9	51.8	—
08:30	● S&P Global Services PMI (Oct)	GBP	52.1	51.8	—
10:30	● Interest Rate Decision (Oct)	RUB	14.00%	14.00%	—
12:30	● Core Retail Sales (MoM) (Aug)	CAD	-0.7%	1.1%	—
12:30	● New Housing Price Index (MoM) (Sep)	CAD	-0.1%	—	—
12:30	● Retail Sales (MoM) (Aug)	CAD	-0.7%	1.3%	—
12:30	● Retail Sales (MoM) (Aug)	CAD	-0.7%	—	—
13:45	● S&P Global Manufacturing PMI (Oct)	USD	55.9	55.4	—
13:45	● S&P Global Composite PMI (Oct)	USD	58.4	—	—
13:45	● S&P Global Services PMI (Oct)	USD	58.8	57.9	—
14:00	● Michigan 1-Year Inflation Expectations (Oct)	USD	4.6%	4.7%	—
14:00	● Michigan 5-Year Inflation Expectations (Oct)	USD	3.4%	3.5%	—
14:00	● Michigan Consumer Expectations (Oct)	USD	46.3	47.3	—
14:00	● Michigan Consumer Sentiment (Oct)	USD	48.1	46.3	—
17:00	● U.S. Baker Hughes Oil Rig Count	USD	459	—	—
17:00	● U.S. Baker Hughes Total Rig Count	USD	603	—	—
19:30	● CFTC GBP speculative net positions	GBP	-107.0K	—	—
19:30	● CFTC Crude Oil speculative net positions	USD	100.3K	—	—
19:30	● CFTC Gold speculative net positions	USD	207.9K	—	—
19:30	● CFTC Nasdaq 100 speculative net positions	USD	48.5K	—	—
19:30	● CFTC S&P 500 speculative net positions	USD	-141.0K	—	—
19:30	● CFTC AUD speculative net positions	AUD	-117.3K	—	—
19:30	● CFTC BRL speculative net positions	BRL	46.7K	—	—
19:30	● CFTC JPY speculative net positions	JPY	50.2K	—	—
19:30	● CFTC EUR speculative net positions	EUR	-137.6K	—	—

Major Pairs

EUR/USD

1.1210 ▼0.03% Session H 1.1226 / L 1.1207 52W 1.1112–1.2082

R3	R2	R1	S1	S2	S3
1.1318	1.1287	1.1250	1.1183	1.1152	1.1115

EUR/USD opens the European session at 1.1210 (-0.03% vs. Thursday's close), just 0.88% above its 52-week floor at 1.1112. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 1.1219. The 52-week range of 1.1112–1.2082 places EUR/USD at the 10th 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 1.1250 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.1287) and R3 (1.1318). On the downside, S1 at 1.1183 is the immediate support floor — a confirmed break below S1 exposes S2 (1.1152) then S3 (1.1115). The R1–S1 corridor (1.1250–1.1183) 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/USDRangeboundNear 52W Low

GBP/USD

1.3399 ▲0.06% Session H 1.3418 / L 1.3354 52W 1.3009–1.3868

R3	R2	R1	S1	S2	S3
1.3447	1.3425	1.3408	1.3369	1.3347	1.3330

GBP/USD opens the European session at 1.3399 (+0.06% vs. Thursday's close), at the 45th percentile of its 1.3009–1.3868 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 1.3386. The 52-week range of 1.3009–1.3868 places GBP/USD at the 45th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 1.3408 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.3425) and R3 (1.3447). On the downside, S1 at 1.3369 is the immediate support floor — a confirmed break below S1 exposes S2 (1.3347) then S3 (1.3330). The R1–S1 corridor (1.3408–1.3369) 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 above R1 would confirm the bullish structure into next week.

GBP/USDRangebound

USD/JPY

156.78 ▼0.85% Session H 158.25 / L 156.69 52W 152.04–163.98

R3	R2	R1	S1	S2	S3
158.95	158.67	158.40	157.84	157.56	157.29

USD/JPY opens the European session at 156.78 (-0.85% vs. Thursday's close), at the 40th percentile of its 152.04–163.98 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 158.11. The 52-week range of 152.04–163.98 places USD/JPY at the 40th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 158.40 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (158.67) and R3 (158.95). On the downside, S1 at 157.84 is the immediate support floor — a confirmed break below S1 exposes S2 (157.56) then S3 (157.29). The R1–S1 corridor (158.40–157.84) 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 below S1 would reinforce the corrective bias into next week.

USD/JPYBearishBelow S1

USD/CHF

0.8204 ▼0.44% Session H 0.8246 / L 0.8191 52W 0.7602–0.8395

R3	R2	R1	S1	S2	S3
0.8285	0.8274	0.8257	0.8230	0.8218	0.8202

USD/CHF opens the European session at 0.8204 (-0.44% vs. Thursday's close), at the 76th percentile of its 0.7602–0.8395 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 0.8246. The 52-week range of 0.7602–0.8395 places USD/CHF at the 76th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 0.8257 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.8274) and R3 (0.8285). On the downside, S1 at 0.8230 is the immediate support floor — a confirmed break below S1 exposes S2 (0.8218) then S3 (0.8202). The R1–S1 corridor (0.8257–0.8230) 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 below S1 would reinforce the corrective bias into next week.

USD/CHFBearishBelow S1

AUD/USD

0.7014 ▼0.18% Session H 0.7036 / L 0.6993 52W 0.6421–0.7277

R3	R2	R1	S1	S2	S3
0.7087	0.7061	0.7044	0.7001	0.6976	0.6959

AUD/USD opens the European session at 0.7014 (-0.18% vs. Thursday's close), at the 69th 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 0.7018. The 52-week range of 0.6421–0.7277 places AUD/USD at the 69th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 0.7044 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.7061) and R3 (0.7087). On the downside, S1 at 0.7001 is the immediate support floor — a confirmed break below S1 exposes S2 (0.6976) then S3 (0.6959). The R1–S1 corridor (0.7044–0.7001) 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/USDRangebound

NZD/USD

0.5689 ▲0.10% Session H 0.5689 / L 0.5689 52W 0.5564–0.6092

R3	R2	R1	S1	S2	S3
0.5748	0.5729	0.5706	0.5664	0.5644	0.5621

NZD/USD opens the European session at 0.5689 (+0.10% vs. Thursday's close), at the 24th percentile of its 0.5564–0.6092 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 0.5687. The 52-week range of 0.5564–0.6092 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 0.5706 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.5729) and R3 (0.5748). On the downside, S1 at 0.5664 is the immediate support floor — a confirmed break below S1 exposes S2 (0.5644) then S3 (0.5621). The R1–S1 corridor (0.5706–0.5664) 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 above R1 would confirm the bullish structure into next week.

NZD/USDRangebound

USD/CAD

1.4007 ▼0.26% Session H 1.4049 / L 1.4003 52W 1.3480–1.4299

R3	R2	R1	S1	S2	S3
1.4115	1.4098	1.4071	1.4028	1.4011	1.3984

USD/CAD opens the European session at 1.4007 (-0.26% vs. Thursday's close), at the 64th percentile of its 1.3480–1.4299 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 1.4054. The 52-week range of 1.3480–1.4299 places USD/CAD at the 64th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 1.4071 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.4098) and R3 (1.4115). On the downside, S1 at 1.4028 is the immediate support floor — a confirmed break below S1 exposes S2 (1.4011) then S3 (1.3984). The R1–S1 corridor (1.4071–1.4028) 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 below S1 would reinforce the corrective bias into next week.

USD/CADRangeboundBelow S1

Cross Pairs

EUR/GBP

0.8376 ▲0.10% Session H 0.8376 / L 0.8366 52W 0.8366–0.8865

R3	R2	R1	S1	S2	S3
0.8412	0.8403	0.8385	0.8358	0.8349	0.8331

EUR/GBP opens the European session at 0.8376 (+0.10% vs. Thursday's close), just 0.12% above its 52-week floor at 0.8366. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 0.8376. The 52-week range of 0.8366–0.8865 places EUR/GBP at the 2th 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 0.8385 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.8403) and R3 (0.8412). On the downside, S1 at 0.8358 is the immediate support floor — a confirmed break below S1 exposes S2 (0.8349) then S3 (0.8331). The R1–S1 corridor (0.8385–0.8358) 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 below S1 would reinforce the corrective bias into next week.

EUR/GBPRangeboundNear 52W Low

EUR/JPY

175.89 ▼0.94% Session H 177.75 / L 175.53 52W 175.53–187.94

R3	R2	R1	S1	S2	S3
178.39	178.11	177.84	177.29	177.00	176.73

EUR/JPY opens the European session at 175.89 (-0.94% vs. Thursday's close), just 0.20% above its 52-week floor at 175.53. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 177.56. The 52-week range of 175.53–187.94 places EUR/JPY at the 3th 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 177.84 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (178.11) and R3 (178.39). On the downside, S1 at 177.29 is the immediate support floor — a confirmed break below S1 exposes S2 (177.00) then S3 (176.73). The R1–S1 corridor (177.84–177.29) 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/JPYBearishBelow S1Near 52W Low

GBP/JPY

210.19 ▲0.05% Session H 210.19 / L 210.19 52W 199.06–219.60

R3	R2	R1	S1	S2	S3
214.07	213.02	211.55	209.03	207.99	206.52

GBP/JPY opens the European session at 210.19 (+0.05% vs. Thursday's close), at the 54th percentile of its 199.06–219.60 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 210.50. The 52-week range of 199.06–219.60 places GBP/JPY at the 54th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 211.55 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (213.02) and R3 (214.07). On the downside, S1 at 209.03 is the immediate support floor — a confirmed break below S1 exposes S2 (207.99) then S3 (206.52). The R1–S1 corridor (211.55–209.03) 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 below S1 would reinforce the corrective bias into next week.

GBP/JPYRangebound

AUD/JPY

109.97 ▼1.04% Session H 111.30 / L 109.67 52W 98.82–114.95

R3	R2	R1	S1	S2	S3
112.09	111.68	111.40	110.71	110.29	110.02

AUD/JPY opens the European session at 109.97 (-1.04% vs. Thursday's close), at the 69th percentile of its 98.82–114.95 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 110.98. The 52-week range of 98.82–114.95 places AUD/JPY at the 69th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 111.40 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (111.68) and R3 (112.09). On the downside, S1 at 110.71 is the immediate support floor — a confirmed break below S1 exposes S2 (110.29) then S3 (110.02). The R1–S1 corridor (111.40–110.71) 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/JPYBearishBelow S1

Nordic Pairs

USD/NOK

9.329 ▼0.25% Session H 9.378 / L 9.320 52W 9.144–10.297

R3	R2	R1	S1	S2	S3
9.453	9.432	9.392	9.332	9.310	9.271

USD/NOK opens the European session at 9.329 (-0.25% vs. Thursday's close), at the 16th percentile of its 9.144–10.297 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 9.371. The 52-week range of 9.144–10.297 places USD/NOK at the 16th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 9.392 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (9.432) and R3 (9.453). On the downside, S1 at 9.332 is the immediate support floor — a confirmed break below S1 exposes S2 (9.310) then S3 (9.271). The R1–S1 corridor (9.392–9.332) 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 below S1 would reinforce the corrective bias into next week.

USD/NOKRangeboundBelow S1

USD/SEK

9.907 ▲0.25% Session H 9.935 / L 9.866 52W 8.737–10.105

R3	R2	R1	S1	S2	S3
9.968	9.942	9.912	9.857	9.831	9.801

USD/SEK opens the European session at 9.907 (+0.25% vs. Thursday's close), at the 86th percentile of its 8.737–10.105 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 9.886. The 52-week range of 8.737–10.105 places USD/SEK at the 86th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 9.912 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (9.942) and R3 (9.968). On the downside, S1 at 9.857 is the immediate support floor — a confirmed break below S1 exposes S2 (9.831) then S3 (9.801). The R1–S1 corridor (9.912–9.857) 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/SEKRangebound

EUR/NOK

10.457 ▼0.10% Session H 10.457 / L 10.457 52W 10.457–12.012

R3	R2	R1	S1	S2	S3
10.590	10.564	10.516	10.441	10.414	10.366

EUR/NOK opens the European session at 10.457 (-0.10% vs. Thursday's close), just 0.00% above its 52-week floor at 10.457. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 10.489. The 52-week range of 10.457–12.012 places EUR/NOK at the 0th 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 10.516 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (10.564) and R3 (10.590). On the downside, S1 at 10.441 is the immediate support floor — a confirmed break below S1 exposes S2 (10.414) then S3 (10.366). The R1–S1 corridor (10.516–10.441) 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 below S1 would reinforce the corrective bias into next week.

EUR/NOKRangeboundNear 52W Low

NOK/SEK

1.0614 ▲0.66% Session H 1.0616 / L 1.0477 52W 0.9064–1.0616

R3	R2	R1	S1	S2	S3
1.0716	1.0644	1.0594	1.0473	1.0401	1.0351

NOK/SEK opens the European session at 1.0614 (+0.66% vs. Thursday's close), just 0.02% below its 52-week high of 1.0616. The intraday bias tilts bullish while price holds above the daily pivot at 1.0523. The 52-week range of 0.9064–1.0616 places NOK/SEK 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 1.0594 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.0644) and R3 (1.0716). On the downside, S1 at 1.0473 is the immediate support floor — a confirmed break below S1 exposes S2 (1.0401) then S3 (1.0351). The R1–S1 corridor (1.0594–1.0473) 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/SEKBullishAbove R1Near 52W High

Exotic Pairs

USD/TRY

49.622 ▲0.25% Session H 49.627 / L 49.325 52W 41.870–49.627

R3	R2	R1	S1	S2	S3
49.795	49.698	49.599	49.403	49.306	49.207

USD/TRY opens the European session at 49.622 (+0.25% vs. Thursday's close), just 0.01% below its 52-week high of 49.627. The intraday bias tilts bullish while price holds above the daily pivot at 49.502. The 52-week range of 41.870–49.627 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 49.599 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (49.698) and R3 (49.795). On the downside, S1 at 49.403 is the immediate support floor — a confirmed break below S1 exposes S2 (49.306) then S3 (49.207). The R1–S1 corridor (49.599–49.403) 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/TRYRangeboundAbove R1Near 52W High

USD/MXN

18.710 ▲0.21% Session H 18.856 / L 18.633 52W 16.855–18.856

R3	R2	R1	S1	S2	S3
19.137	18.931	18.801	18.466	18.261	18.131

USD/MXN opens the European session at 18.710 (+0.21% vs. Thursday's close), just 0.78% below its 52-week high of 18.856. The intraday bias tilts bullish while price holds above the daily pivot at 18.596. The 52-week range of 16.855–18.856 places USD/MXN at the 93th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 18.801 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (18.931) and R3 (19.137). On the downside, S1 at 18.466 is the immediate support floor — a confirmed break below S1 exposes S2 (18.261) then S3 (18.131). The R1–S1 corridor (18.801–18.466) 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/MXNRangeboundNear 52W High

USD/ZAR

16.51 ▲0.02% Session H 16.51 / L 16.51 52W 15.64–17.57

R3	R2	R1	S1	S2	S3
16.76	16.65	16.58	16.39	16.28	16.21

USD/ZAR opens the European session at 16.51 (+0.02% vs. Thursday's close), at the 45th percentile of its 15.64–17.57 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 16.47. The 52-week range of 15.64–17.57 places USD/ZAR at the 45th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 16.58 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (16.65) and R3 (16.76). On the downside, S1 at 16.39 is the immediate support floor — a confirmed break below S1 exposes S2 (16.28) then S3 (16.21). The R1–S1 corridor (16.58–16.39) 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 above R1 would confirm the bullish structure into next week.

USD/ZARRangebound

USD/PLN

3.9004 ▲0.62% Session H 3.9094 / L 3.8707 52W 3.4750–3.9350

R3	R2	R1	S1	S2	S3
3.9076	3.9005	3.8884	3.8692	3.8621	3.8500

USD/PLN opens the European session at 3.9004 (+0.62% vs. Thursday's close), just 0.89% below its 52-week high of 3.9350. The intraday bias tilts bullish while price holds above the daily pivot at 3.8813. The 52-week range of 3.4750–3.9350 places USD/PLN at the 92th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 3.8884 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (3.9005) and R3 (3.9076). On the downside, S1 at 3.8692 is the immediate support floor — a confirmed break below S1 exposes S2 (3.8621) then S3 (3.8500). The R1–S1 corridor (3.8884–3.8692) 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/PLNBullishAbove 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 Friday 23 October 2026 EU open. Past performance is not indicative of future results.