EURUSD: Conditional Short on a 1.1183 Breakdown RetestEURUSD is sitting on the floor of the last two weeks. This is a conditional short: no break, no trade.
THE PLAN
Trigger: 1h close at or below 1.1178 (below the 1.1183 previous-week low)
Entry: sell limit 1.1181 on the retest of the 1.1180-1.1185 zone
Stop: 1.1196 (15 pips)
Target 1: 1.1156 (25 pips, 1.7R) - close half, move stop to breakeven
Target 2: 1.1117 (64 pips, 4.3R) - just above the 14 Oct low at 1.1113
RULES
The retest must come within 8 hours of the trigger. No retest, no chase.
If t
Forex market
EURUSD Market Outlook, October 28, 2026Price continued its bearish delivery without forming the anticipated pullback. The downside momentum remains evident, confirming the bearish shift in market structure. I remain observant of price action, waiting for a retracement to establish new premium and discount zones before considering potential continuation.
Buy EUROUSD
EURUSD is currently trading around 1.11180 on the weekly timeframe, and price is showing bearish momentum after rejecting the higher price area.
🔍 Our QML (Quasimodo Level) Perspective
The marked zone between 1.04901 and 1.03597 is our key area of interest. This region aligns with a previous market structure and potential demand, making it an important area to monitor for a possible bullish reaction.
📌 Our Expected Scenario:
We are watching for price to continue correcting downward into the
Fundamental Market Analysis for October 28, 2026 USDJPYThe yield on US ten-year bonds remains around 5%, maintaining the dollar's interest rate support against the yen ahead of the Fed's decision. In the absence of a signal for imminent policy easing, US assets may retain their appeal. However, the mere maintenance of the rate is already expected by the market and does not guarantee further USDJPY growth: December guidance will be decisive.
The Bank of Japan will announce its decision on Friday; current expectations suggest a pause. Without a fresh
GBPNZD- SELL strategy Daily chart Reg. ChannelThe pair is trading near its reg. channel top and shows signs of overbought status. I feel considering the higher level of stochastic (even positive), supports that over time we may see recovery down towards 2.3300 short term.
Strategy SELL between 2.3620-2.3700 and take profit near 2.3350 for now.
EURUSD: October 28 | Bears remain in control.📰 News and Trends
EURUSD is under downward pressure, currently around 1.11215 and maintaining a pattern of progressively lower highs and lower lows. The USD is supported ahead of the Fed interest rate decision on October 28th, while the market awaits further signals from the ECB on October 29th. Prioritize waiting for a pullback to SELL, while noting the high volatility surrounding these events.
📉 Technical Analysis
EURUSD is moving within a clear descending channel and is below the entire E
USD/JPY Intraday Long🚀 USD/JPY (15M) — BULLISH RETEST & EXPANSION SETUP 🟢
Market Overview & Technical Structure:
USD/JPY continues to display strong bullish characteristics on the 15-minute timeframe. Following an aggressive sell-side liquidity sweep down to 157.84, price reclaimed the key 157.934 support/resistance flip zone and printed a clear Break of Structure (BOS) above the previous Swing High.
Price is currently pulling back into the demand/breaker zone around 157.96 – 157.97, offering an optimal discounted
Fib resistance ahead?Aussie (AUD/USD) is rising toward the pivot, which is a pullback resistance that aligns with the 50% Fibonacci retracement and the 145% Fibonacci extension and could reverse toward the 1st support, which is an overlap support.
Pivot: 0.7073
1st Support: 0.7007
1st Resistance: 0.7126
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, ana
CHFTHB Outlook — 28 October 2026Swiss Franc / Thai Baht
Analysis
There is no major new Swiss news today, with USD/CHF steady around 0.8296. Direction for CHFTHB depends mainly on the baht.
The baht is softer around 33.80 per dollar ahead of Thailand's rate decision today, 28 October, and the Fed's meeting outcome on 28 October US time.
Technically, consider Buy on Dip near 40.70, targeting 40.85.
Trading Setup
Outlook: Sideways Up
Strategy: Buy on Dip
Resistance: 40.80
Support: 40.70
Target: 40.85
Cut Loss: 40.65
GBPTHB Outlook — 28 October 2026British Pound / Thai Baht
Analysis
Sterling is trading near a 17-month high against the euro ahead of Chancellor John Healey's first UK Budget on 28 October, with markets expecting a focus on fiscal discipline.
Attention then turns to the Fed's meeting outcome on 28 October US time.
Technically, consider Buy on Dip near 44.91, targeting 45.08.
Trading Setup
Outlook: Sideways Up
Strategy: Buy on Dip
Resistance: 45.00 / 45.05
Support: 44.91
Target: 45.08
Cut Loss: 44.88
AUDTHB Outlook — 28 October 2026Australian Dollar / Thai Baht
Analysis
Australia's September CPI came in hotter than expected, rising to 4.3% year on year from 4.0%, while trimmed mean inflation edged up to 3.6%. Markets now price around an 85% chance of an RBA rate hike on 3 November, supporting the Australian dollar.
The baht remains on the soft side around 33.80 per dollar ahead of the Fed's meeting outcome on 28 October US time.
Technically, consider Buy on Dip near 23.70, targeting 23.90.
Trading Setup
Outlook: Side
EURTHB Outlook — 28 October 2026Euro / Thai Baht
Analysis
EUR/USD is holding steady around 1.1132 ahead of the Fed's meeting outcome on 28 October US time and the ECB decision on 29 October, where rates are expected to stay at 2.50%.
A softer baht, around 33.80 per dollar, is lending support to EURTHB.
Technically, consider Buy on Dip near 37.53, targeting 37.65.
Trading Setup
Outlook: Sideways Up
Strategy: Buy on Dip
Resistance: 37.60 / 37.65
Support: 37.53
Target: 37.65
Cut Loss: 37.51
USDTHB Outlook — 28 October 2026US Dollar / Thai Baht
Analysis
The US dollar firmed ahead of the Fed's 27–28 October meeting, with markets pricing around a 90% chance of a hold when the outcome is announced on 28 October US time. Thailand's Monetary Policy Committee also decides today, 28 October, and is expected to keep its policy rate at 1.00%.
The baht opened at 33.80, slightly weaker than its previous close of 33.78.
Technically, consider Buy on Dip near 33.75, targeting 33.90/33.95.
Trading Setup
Outlook: Sideways U
Will the 50% Fib level hold?Cable (GBP/USD) is falling toward the pivot, which is a pullback support that aligns with the 50% Fibonacci retracement, and could bounce toward the 1st resistance level, which is a pullback resistance.
Pivot: 1.3275
1st Support: 1.3202
1st Resistance: 1.3348
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other inf
USDJPY 4H: Will This Fresh Supply Zone Hold Under Pressure?Market Structure: Drop–Base–Drop | Fresh Supply Zone
On the 4-hour (240M) chart, USDJPY is approaching a fresh supply zone formed by a Drop–Base–Drop (DBD) structure. This area is being observed because the preceding bearish move suggests a potential imbalance between buying and selling pressure.
🔍 Why Is This Zone Technically Significant?
A Drop–Base–Drop structure develops when price declines, consolidates briefly, and then continues lower. The base preceding the second decline can mark
**EURGBP — Tracking the Footprints 🇪🇺🇬🇧*
Bullish framework remains in focus.
Price has dug deeper into discount within the higher-timeframe range, prompting me to reposition the blue zone to capture the deeper wick coverage from a higher-timeframe perspective.
Now I’m waiting for confirmation. The focus is on the midterm/intermediate structure and a break of the lower high to signal a potential shift in direction.
Until that happens, I’m monitoring the tape, tracking the footprints, and allowing price to show its hand. The bullish
**EURUSD — Tracking the Footprints 🇪🇺**
Structure remains bearish here.
Price traded into the near-term order block, the ozone around the center bar, before delivering a lower-timeframe move all the way down toward the recent low.
I’m tracking the potential continuation and looking to catch the last bit of juice before price reaches for that low. Once that liquidity is taken, I’ll reassess the mapping and look for the next sequence.
For now, I’m watching buy-side liquidity and how price responds around the thin green lower-timefra
GBPJPY — Tracking the Footprints 🇬🇧🇯🇵
Midterm structure remains bullish. Price mitigated the origin of the blue zone on the left, and from there, we’ve been climbing and tracking the bullish footprints.
Last week, price broke the intermediate-structure lower high, reinforcing the bullish framework. Since then, price has distributed back into the range, taking out the internal leg and intermediate-structure liquidity before delivering into the current order zone.
With that zone now mitigated, I’m watching the lower-timeframe struc
GBPUSD 1H | Potential Bullish Recovery and Trendline AnalysisGBPUSD is showing a potential bullish recovery scenario from the current support area. The trendline provides additional context for monitoring price behaviour, while confirmation through candle closes and market structure remains important. If support holds and price establishes a higher low, a recovery toward nearby resistance may be possible. A break below support would weaken this scenario and require reassessment.
This analysis is for educational purposes only and is not financial advice.
EURUSD 1H | Bearish Structure and Potential PullbackEURUSD continues to show bearish structure on the 1H timeframe following a break below the previous support area. A corrective pullback toward the nearby resistance zone remains a possibility, although bullish confirmation is not yet established. A sustained move above resistance would require reassessment, while further weakness below the recent low could indicate bearish continuation.
This analysis is for educational purposes only. Price movements are uncertain, and the scenario may change wi























