FX Morning Briefing — Wed 28 Oct 2026: USD/MXN Rallies 0.68% as European Session Opens

European markets open on Wednesday 28 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 USD/MXN (+0.68%), NOK/SEK (+0.37%), USD/TRY (+0.32%). 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 28 Oct 2026.

Today's Economic Calendar

Time (UTC)	Event	CCY	Previous	Forecast	Actual
00:15	● RBA Assist Gov Bullock Speaks	AUD	—	—	—
00:30	● CPI (QoQ) (Q3)	AUD	0.6%	1.3%	1.3%
00:30	● CPI (YoY) (Q3)	AUD	3.9%	3.9%	3.9%
00:30	● Trimmed Mean CPI (QoQ) (Q3)	AUD	0.8%	1.0%	1.0%
01:00	● RBNZ Interest Rate Decision	NZD	2.75%	3.00%	2.75%
01:00	● RBNZ Rate Statement	NZD	—	—	—
02:00	● RBNZ Press Conference	NZD	—	—	—
07:00	● GfK German Consumer Climate (Nov)	EUR	-30.6	-30.1	-30.8
07:00	● Interest Rate Decision	THB	1.00%	1.00%	1.00%
10:30	● German 10-Year Bund Auction	EUR	3.580%	—	—
11:00	● France Jobseekers Total (Sep)	EUR	3,081.7K	—	—
12:30	● Autumn Forecast Statement	GBP	—	—	—
12:30	● Goods Trade Balance (Sep)	USD	-132.07B	-130.40B	—
12:30	● Retail Inventories Ex Auto (Sep)	USD	0.0%	—	—
13:45	● BoC Monetary Policy Report	CAD	—	—	—
13:45	● BoC Rate Statement	CAD	—	—	—
13:45	● BoC Interest Rate Decision	CAD	2.25%	2.50%	—
14:00	● Atlanta Fed GDPNow (Q3)	USD	—	—	—
14:30	● Crude Oil Inventories	USD	-3.060M	0.100M	—
14:30	● Cushing Crude Oil Inventories	USD	0.987M	—	—
14:30	● BOC Press Conference	CAD	—	—	—
16:00	● Retail Sales (YoY) (Sep)	RUB	3.3%	3.5%	—
16:00	● Unemployment Rate (Sep)	RUB	2.2%	2.2%	—
18:00	● FOMC Statement	USD	—	—	—
18:00	● Fed Interest Rate Decision	USD	4.00%	4.00%	—
18:30	● FOMC Press Conference	USD	—	—	—
20:08	● GDP Monthly (YoY) (Sep)	RUB	0.8%	—	—

Major Pairs

EUR/USD

1.1126 ▲0.02% Session H 1.1127 / L 1.1122 52W 1.1112–1.2082

R3	R2	R1	S1	S2	S3
1.1215	1.1196	1.1160	1.1105	1.1085	1.1050

EUR/USD opens the European session at 1.1126 (+0.02% vs. Thursday's close), just 0.13% above its 52-week floor at 1.1112. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 1.1141. The 52-week range of 1.1112–1.2082 places EUR/USD at the 1th 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 1.1160 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.1196) and R3 (1.1215). On the downside, S1 at 1.1105 is the immediate support floor — a confirmed break below S1 exposes S2 (1.1085) then S3 (1.1050). The R1–S1 corridor (1.1160–1.1105) 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

1.3314 ▼0.20% Session H 1.3348 / L 1.3304 52W 1.3037–1.3868

R3	R2	R1	S1	S2	S3
1.3436	1.3411	1.3376	1.3316	1.3291	1.3256

GBP/USD opens the European session at 1.3314 (-0.20% vs. Thursday's close), at the 33th percentile of its 1.3037–1.3868 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 1.3351. The 52-week range of 1.3037–1.3868 places GBP/USD at the 33th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 1.3376 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.3411) and R3 (1.3436). On the downside, S1 at 1.3316 is the immediate support floor — a confirmed break below S1 exposes S2 (1.3291) then S3 (1.3256). The R1–S1 corridor (1.3376–1.3316) 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

157.92 ▲0.27% Session H 157.96 / L 157.42 52W 152.04–163.98

R3	R2	R1	S1	S2	S3
158.86	158.25	157.87	156.88	156.27	155.89

USD/JPY opens the European session at 157.92 (+0.27% vs. Thursday's close), at the 49th percentile of its 152.04–163.98 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 157.26. The 52-week range of 152.04–163.98 places USD/JPY at the 49th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 157.87 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (158.25) and R3 (158.86). On the downside, S1 at 156.88 is the immediate support floor — a confirmed break below S1 exposes S2 (156.27) then S3 (155.89). The R1–S1 corridor (157.87–156.88) 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/JPYRangeboundAbove R1

USD/CHF

0.8286 ▲0.14% Session H 0.8292 / L 0.8263 52W 0.7602–0.8395

R3	R2	R1	S1	S2	S3
0.8338	0.8308	0.8291	0.8244	0.8214	0.8197

USD/CHF opens the European session at 0.8286 (+0.14% vs. Thursday's close), just 1.31% below its 52-week high of 0.8395. The intraday bias tilts bullish while price holds above the daily pivot at 0.8261. The 52-week range of 0.7602–0.8395 places USD/CHF at the 86th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 0.8291 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.8308) and R3 (0.8338). On the downside, S1 at 0.8244 is the immediate support floor — a confirmed break below S1 exposes S2 (0.8214) then S3 (0.8197). The R1–S1 corridor (0.8291–0.8244) 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/CHFRangeboundNear 52W High

AUD/USD

0.7028 ▲0.22% Session H 0.7040 / L 0.7009 52W 0.6421–0.7277

R3	R2	R1	S1	S2	S3
0.7059	0.7049	0.7031	0.7003	0.6994	0.6976

AUD/USD opens the European session at 0.7028 (+0.22% vs. Thursday's close), at the 71th percentile of its 0.6421–0.7277 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 0.7021. The 52-week range of 0.6421–0.7277 places AUD/USD at the 71th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 0.7031 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.7049) and R3 (0.7059). On the downside, S1 at 0.7003 is the immediate support floor — a confirmed break below S1 exposes S2 (0.6994) then S3 (0.6976). The R1–S1 corridor (0.7031–0.7003) 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 above R1 would confirm the bullish structure into next week.

AUD/USDRangebound

NZD/USD

0.5685 ▲0.08% Session H 0.5707 / L 0.5672 52W 0.5564–0.6092

R3	R2	R1	S1	S2	S3
0.5738	0.5722	0.5701	0.5664	0.5648	0.5627

NZD/USD opens the European session at 0.5685 (+0.08% vs. Thursday's close), at the 23th percentile of its 0.5564–0.6092 52-week range. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 0.5685. The 52-week range of 0.5564–0.6092 places NZD/USD at the 23th percentile — price remains in the lower half of its annual range, reflecting structural headwinds.

Resistance levels to monitor on the upside: R1 at 0.5701 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.5722) and R3 (0.5738). On the downside, S1 at 0.5664 is the immediate support floor — a confirmed break below S1 exposes S2 (0.5648) then S3 (0.5627). The R1–S1 corridor (0.5701–0.5664) 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 below S1 would reinforce the corrective bias into next week.

NZD/USDRangebound

USD/CAD

1.4050 ▲0.28% Session H 1.4053 / L 1.4008 52W 1.3480–1.4299

R3	R2	R1	S1	S2	S3
1.4102	1.4078	1.4044	1.3987	1.3964	1.3930

USD/CAD opens the European session at 1.4050 (+0.28% vs. Thursday's close), at the 70th percentile of its 1.3480–1.4299 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 1.4021. The 52-week range of 1.3480–1.4299 places USD/CAD at the 70th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 1.4044 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.4078) and R3 (1.4102). On the downside, S1 at 1.3987 is the immediate support floor — a confirmed break below S1 exposes S2 (1.3964) then S3 (1.3930). The R1–S1 corridor (1.4044–1.3987) 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/CADRangeboundAbove R1

Cross Pairs

EUR/GBP

0.8368 ▲0.11% Session H 0.8374 / L 0.8355 52W 0.8355–0.8865

R3	R2	R1	S1	S2	S3
0.8389	0.8383	0.8371	0.8352	0.8346	0.8334

EUR/GBP opens the European session at 0.8368 (+0.11% vs. Thursday's close), just 0.15% above its 52-week floor at 0.8355. The intraday bias tilts bullish while price holds above the daily pivot at 0.8365. The 52-week range of 0.8355–0.8865 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 0.8371 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (0.8383) and R3 (0.8389). On the downside, S1 at 0.8352 is the immediate support floor — a confirmed break below S1 exposes S2 (0.8346) then S3 (0.8334). The R1–S1 corridor (0.8371–0.8352) 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/GBPRangeboundNear 52W Low

EUR/JPY

175.85 ▼0.07% Session H 176.23 / L 175.59 52W 175.09–187.94

R3	R2	R1	S1	S2	S3
177.04	176.73	176.35	175.66	175.36	174.98

EUR/JPY opens the European session at 175.85 (-0.07% vs. Thursday's close), just 0.44% above its 52-week floor at 175.09. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 176.04. The 52-week range of 175.09–187.94 places EUR/JPY at the 6th 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 176.35 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (176.73) and R3 (177.04). On the downside, S1 at 175.66 is the immediate support floor — a confirmed break below S1 exposes S2 (175.36) then S3 (174.98). The R1–S1 corridor (176.35–175.66) 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/JPYRangeboundNear 52W Low

GBP/JPY

210.26 ▲0.08% Session H 210.45 / L 209.83 52W 200.29–219.60

R3	R2	R1	S1	S2	S3
211.23	210.82	210.46	209.68	209.28	208.91

GBP/JPY opens the European session at 210.26 (+0.08% vs. Thursday's close), at the 52th percentile of its 200.29–219.60 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 210.05. The 52-week range of 200.29–219.60 places GBP/JPY at the 52th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 210.46 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (210.82) and R3 (211.23). On the downside, S1 at 209.68 is the immediate support floor — a confirmed break below S1 exposes S2 (209.28) then S3 (208.91). The R1–S1 corridor (210.46–209.68) 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

111.01 ▲0.02% Session H 111.01 / L 111.01 52W 98.96–114.95

R3	R2	R1	S1	S2	S3
111.99	111.54	111.26	110.54	110.08	109.81

AUD/JPY opens the European session at 111.01 (+0.02% vs. Thursday's close), at the 75th percentile of its 98.96–114.95 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 110.81. The 52-week range of 98.96–114.95 places AUD/JPY at the 75th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 111.26 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (111.54) and R3 (111.99). On the downside, S1 at 110.54 is the immediate support floor — a confirmed break below S1 exposes S2 (110.08) then S3 (109.81). The R1–S1 corridor (111.26–110.54) 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 above R1 would confirm the bullish structure into next week.

AUD/JPYRangebound

Nordic Pairs

USD/NOK

9.331 ▲0.19% Session H 9.336 / L 9.298 52W 9.144–10.297

R3	R2	R1	S1	S2	S3
9.435	9.392	9.353	9.272	9.229	9.190

USD/NOK opens the European session at 9.331 (+0.19% vs. Thursday's close), at the 16th percentile of its 9.144–10.297 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 9.311. 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 9.353 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (9.392) and R3 (9.435). On the downside, S1 at 9.272 is the immediate support floor — a confirmed break below S1 exposes S2 (9.229) then S3 (9.190). The R1–S1 corridor (9.353–9.272) 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

9.947 ▲0.07% Session H 9.968 / L 9.911 52W 8.737–10.105

R3	R2	R1	S1	S2	S3
10.106	10.041	9.990	9.874	9.808	9.758

USD/SEK opens the European session at 9.947 (+0.07% vs. Thursday's close), at the 88th percentile of its 8.737–10.105 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 9.925. The 52-week range of 8.737–10.105 places USD/SEK at the 88th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 9.990 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (10.041) and R3 (10.106). On the downside, S1 at 9.874 is the immediate support floor — a confirmed break below S1 exposes S2 (9.808) then S3 (9.758). The R1–S1 corridor (9.990–9.874) 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

10.391 ▼0.13% Session H 10.413 / L 10.362 52W 10.362–12.012

R3	R2	R1	S1	S2	S3
10.535	10.507	10.456	10.377	10.350	10.298

EUR/NOK opens the European session at 10.391 (-0.13% vs. Thursday's close), just 0.28% above its 52-week floor at 10.362. The intraday bias remains neutral-to-bearish while price holds below the daily pivot at 10.428. The 52-week range of 10.362–12.012 places EUR/NOK 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 10.456 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (10.507) and R3 (10.535). On the downside, S1 at 10.377 is the immediate support floor — a confirmed break below S1 exposes S2 (10.350) then S3 (10.298). The R1–S1 corridor (10.456–10.377) 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

1.0655 ▲0.37% Session H 1.0702 / L 1.0627 52W 0.9064–1.0702

R3	R2	R1	S1	S2	S3
1.0768	1.0728	1.0672	1.0575	1.0535	1.0479

NOK/SEK opens the European session at 1.0655 (+0.37% vs. Thursday's close), just 0.44% below its 52-week high of 1.0702. The intraday bias tilts bullish while price holds above the daily pivot at 1.0631. The 52-week range of 0.9064–1.0702 places NOK/SEK at the 97th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 1.0672 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (1.0728) and R3 (1.0768). On the downside, S1 at 1.0575 is the immediate support floor — a confirmed break below S1 exposes S2 (1.0535) then S3 (1.0479). The R1–S1 corridor (1.0672–1.0575) 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/SEKBullishNear 52W High

Exotic Pairs

USD/TRY

49.784 ▲0.32% Session H 49.786 / L 49.627 52W 41.927–49.821

R3	R2	R1	S1	S2	S3
49.951	49.886	49.756	49.562	49.497	49.368

USD/TRY opens the European session at 49.784 (+0.32% vs. Thursday's close), just 0.07% below its 52-week high of 49.821. The intraday bias tilts bullish while price holds above the daily pivot at 49.692. The 52-week range of 41.927–49.821 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 49.756 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (49.886) and R3 (49.951). On the downside, S1 at 49.562 is the immediate support floor — a confirmed break below S1 exposes S2 (49.497) then S3 (49.368). The R1–S1 corridor (49.756–49.562) 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/TRYBullishAbove R1Near 52W High

USD/MXN

18.676 ▲0.68% Session H 18.695 / L 18.529 52W 16.855–18.856

R3	R2	R1	S1	S2	S3
18.934	18.846	18.698	18.462	18.374	18.226

USD/MXN opens the European session at 18.676 (+0.68% vs. Thursday's close), just 0.96% below its 52-week high of 18.856. The intraday bias tilts bullish while price holds above the daily pivot at 18.610. The 52-week range of 16.855–18.856 places USD/MXN at the 91th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 18.698 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (18.846) and R3 (18.934). On the downside, S1 at 18.462 is the immediate support floor — a confirmed break below S1 exposes S2 (18.374) then S3 (18.226). The R1–S1 corridor (18.698–18.462) 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/MXNBullishNear 52W High

USD/ZAR

16.65 ▲0.18% Session H 16.65 / L 16.65 52W 15.64–17.47

R3	R2	R1	S1	S2	S3
16.81	16.76	16.69	16.57	16.51	16.45

USD/ZAR opens the European session at 16.65 (+0.18% vs. Thursday's close), at the 56th percentile of its 15.64–17.47 52-week range. The intraday bias tilts bullish while price holds above the daily pivot at 16.64. The 52-week range of 15.64–17.47 places USD/ZAR at the 56th percentile — momentum is broadly constructive within the annual range.

Resistance levels to monitor on the upside: R1 at 16.69 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (16.76) and R3 (16.81). On the downside, S1 at 16.57 is the immediate support floor — a confirmed break below S1 exposes S2 (16.51) then S3 (16.45). The R1–S1 corridor (16.69–16.57) 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

3.9496 ▲0.27% Session H 3.9575 / L 3.9317 52W 3.4750–3.9575

R3	R2	R1	S1	S2	S3
3.9907	3.9661	3.9525	3.9143	3.8897	3.8762

USD/PLN opens the European session at 3.9496 (+0.27% vs. Thursday's close), just 0.20% below its 52-week high of 3.9575. The intraday bias tilts bullish while price holds above the daily pivot at 3.9279. The 52-week range of 3.4750–3.9575 places USD/PLN at the 98th percentile — upside momentum is intact; a break above the 52W high would signal trend extension.

Resistance levels to monitor on the upside: R1 at 3.9525 is the first pivot barrier; clearing it shifts momentum decisively higher toward R2 (3.9661) and R3 (3.9907). On the downside, S1 at 3.9143 is the immediate support floor — a confirmed break below S1 exposes S2 (3.8897) then S3 (3.8762). The R1–S1 corridor (3.9525–3.9143) 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/PLNRangeboundNear 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 28 October 2026 EU open. Past performance is not indicative of future results.