{"id":84750,"date":"2026-10-19T17:01:25","date_gmt":"2026-10-19T06:01:25","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=84750"},"modified":"2026-10-19T17:01:28","modified_gmt":"2026-10-19T06:01:28","slug":"monday-19th-october-2026-technical-outlook-and-review","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/monday-19th-october-2026-technical-outlook-and-review\/","title":{"rendered":"Monday 19th October 2026: Technical Outlook and Review"},"content":{"rendered":"\n

 <\/strong><\/h1>\n\n\n\n

DXY (U.S. Dollar Index):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bearish<\/p>\n\n\n\n

The price could see a short-term pullback before rebounding and continuing its bullish move toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 101.58
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to support further upside.<\/p>\n\n\n\n

1st support: 100.10<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback support, marking a previous area where buying pressure emerged, and price could potentially stabilize again. <\/p>\n\n\n\n

1st resistance: 103.32
Supporting reasons: Identified as a swing-high resistance near the 161.8% Fibonacci extension, marking a previous area of selling pressure that could potentially cap further upside. <\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

EUR\/USD:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support. <\/p>\n\n\n\n

Pivot: 1.1354<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance. Price remains below the Ichimoku Cloud, indicating continued bearish momentum. This provides additional confluence at the pivot, where selling pressure could emerge and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 1.1085<\/p>\n\n\n\n

Supporting reasons: Identified as a multi-swing-low support that aligns with the 161.8% Fibonacci extension, marking an area where buying pressure has previously emerged and where price could potentially stabilize again. <\/p>\n\n\n\n

1st resistance: 1.1482<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance, where selling pressure could emerge and potentially cap the bullish recovery. <\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

EUR\/JPY:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support. <\/p>\n\n\n\n

Pivot:177.84<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance. Price remains below the Ichimoku Cloud, indicating continued bearish momentum. This provides additional confluence at the pivot, where selling pressure could emerge and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 175.05
Supporting reasons: Identified as an overlap support, indicating an area where buying pressure could emerge and potentially stabilize the price. <\/p>\n\n\n\n

1st resistance: 180.79
Supporting reasons: Identified as an overlap resistance, where selling pressure could emerge and potentially cap further upside. <\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

EUR\/GBP: <\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish
Overall momentum of the chart: Bearish<\/p>\n\n\n\n

The price has already reacted off the pivot and may continue its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 0.8466<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance, where selling pressure could emerge and potentially cap any upward retracement. <\/p>\n\n\n\n

1st support: 0.8356
Supporting reasons: Identified as a support that aligns with the 161.8% Fibonacci extension, marking a previous area where buying pressure emerged, and price could potentially stabilize again. <\/p>\n\n\n\n

1st resistance: 0.8532
Supporting reasons: Identified as a pullback resistance, marking a previous reaction area where selling pressure could emerge and potentially cap further upside. <\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

GBP\/USD:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish
Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 1.3419<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance that aligns with the 50% Fibonacci retracement. Price remains below the Ichimoku Cloud, indicating continued bearish momentum. This provides additional confluence at the pivot, where selling pressure could emerge and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 1.3284
Supporting reasons: Identified as a pullback support, near the previous major low where buying pressure could emerge and potentially stabilize the price. <\/p>\n\n\n\n

1st resistance: 1.3558
Supporting reasons: Identified as an overlap resistance, where selling pressure could emerge and potentially cap the bullish recovery. <\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

GBP\/JPY:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 210.92
Supporting reasons: Identified as an overlap resistance that aligns with the 38.2% Fibonacci retracement. Price remains below the Ichimoku Cloud, indicating continued bearish momentum. This provides additional confluence at the pivot, where selling pressure could emerge and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 207.30
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 214.96
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

USD\/CHF:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bearish<\/p>\n\n\n\n

The price could see a short-term pullback before continuing its bullish move toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 0.8193
Supporting reasons: Identified as an overlap support, where renewed buying pressure could emerge to support further upside.<\/p>\n\n\n\n

1st support: 0.8049
Supporting reasons: Identified as a pullback support, with the Ichimoku cloud providing additional support confluence and indicating a potential area where the price could stabilize.<\/p>\n\n\n\n

1st resistance: 0.8358
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

USD\/JPY:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price has already bounced off the pivot and could continue its bullish move toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 156.34
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to push the price higher.<\/p>\n\n\n\n

1st support: 153.46
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 160.43
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

USD\/CAD:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish                                                                                                                                   <\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term pullback before recovering and moving higher toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 1.4126
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to push the price higher.<\/p>\n\n\n\n

1st support: 1.3966
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 1.4383
Supporting reasons: Identified as a swing-high resistance that aligns with the 127.2% Fibonacci extension, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

AUD\/USD:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price has already reacted off the pivot and may continue its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 0.6997
Supporting reasons: Identified as an overlap resistance. Price remains below the Ichimoku Cloud, indicating continued bearish momentum. This provides additional confluence at the pivot, where selling pressure could emerge and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 0.6833
Supporting reasons: Identified as a swing low support. This area is a potential support where buying pressure could emerge. <\/p>\n\n\n\n

1st resistance: 0.7082
Supporting reasons: Identified as a pullback resistance, where selling pressure could emerge and potentially cap further upside.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

NZD\/USD<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 0.5667
Supporting reasons: Identified as a pullback resistance, and price stays below the Ichimoku cloud, indicating continued bearish momentum. This provides additional confluence at the pivot, where selling pressure could emerge and potentially cap any upward recovery.<\/p>\n\n\n\n

1st support: 0.5583<\/p>\n\n\n\n

Supporting reasons: Identified as a swing-low support, marking an area where buying pressure could emerge and potentially stabilize the price.<\/p>\n\n\n\n

1st resistance: 0.5762
Supporting reasons: Identified as a pullback resistance, where selling pressure could emerge and potentially cap further upside.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/h1>\n\n\n\n

US30 (DJIA):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price has already reacted off the pivot and may continue its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 52,744.40
Supporting reasons: Identified as a pullback resistance near the 61.8% Fibonacci retracement, and price stays below the Ichimoku cloud, indicating continued bearish momentum. This provides additional confluence at the pivot, where selling pressure could emerge and potentially cap any upward recovery.<\/p>\n\n\n\n

1st support: 50,533.20
Supporting reasons: Identified as a swing-low support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 53,744.20
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

DE40 (DAX):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 25,849.01
Supporting reasons: Identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement, with the Ichimoku cloud providing additional resistance confluence, where selling pressure could emerge and potentially cap any upward recovery.<\/p>\n\n\n\n

1st support: 24,662.98
Supporting reasons: Identified as a multi-swing-low support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 26,577.55
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

US500 (S&P 500): <\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 7,552.80
Supporting reasons: Identified as a pullback resistance with the Ichimoku cloud providing additional resistance confluence, where selling pressure could emerge and potentially cap any upward recovery.<\/p>\n\n\n\n

1st support: 7,626.10
Supporting reasons: Identified as a swing-low support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 7,845.00
Supporting reasons: Identified as a swing-high resistance, where selling pressure could emerge and potentially cap further upside.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

BTC\/USD (Bitcoin):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term pullback before recovering and moving higher toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 79,593.08
Supporting reasons: Identified as an overlap support, where renewed buying pressure could emerge to support further upside.<\/p>\n\n\n\n

1st support: 74,754.84<\/p>\n\n\n\n

Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once more.<\/p>\n\n\n\n

1st resistance: 89,974.50<\/p>\n\n\n\n

Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

ETH\/USD (Ethereum):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price has already bounced from the support area and could continue its short-term bullish recovery toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 2,336.85
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to support further upside.<\/p>\n\n\n\n

1st support: 2,216.79<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback support, indicating a potential level where the price could stabilize once more.<\/p>\n\n\n\n

1st resistance: 2,566.49
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

WTI\/USD (Oil):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term pullback before recovering and moving higher toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 95.50
Supporting reasons: Identified as a pullback support. Price also remains above the Ichimoku Cloud, indicating continued bullish momentum. This provides additional confluence at the pivot, where renewed buying pressure could emerge and potentially push the price higher.<\/p>\n\n\n\n

1st support: 88.33
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 106.76
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

XAU\/USD (GOLD):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery toward the pivot before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 4,223.43
Supporting reasons: Identified as a pullback resistance, where selling pressure could emerge and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 3,969.35
Supporting reasons: Identified as a swing low support, providing additional confluence where buying pressure could emerge and potentially stabilize the price.<\/p>\n\n\n\n

1st resistance: 4,381.43
Supporting reasons: Identified as a pullback resistance, where selling pressure could emerge and potentially cap further upside.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

The accuracy, completeness and timeliness of the information contained on this site cannot be guaranteed. IC Markets does not warranty, guarantee or make any representations, or assume any liability regarding financial results based on the use of the information in the site.<\/p>\n\n\n\n

News, views, opinions, recommendations and other information obtained from sources outside of www.icmarkets.com.au, used in this site are believed to be reliable, but we cannot guarantee their accuracy or completeness. All such information is subject to change at any time without notice. IC Markets assumes no responsibility for the content of any linked site.<\/p>\n\n\n\n

The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site. IC Markets is not liable for any harm caused by the transmission, through accessing the services or information on this site, of a computer virus, or other computer code or programming device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner, the operation of the site or of any user\u2019s software, hardware, data or property. <\/p>\n","protected":false},"excerpt":{"rendered":"

  DXY (U.S. Dollar Index): Potential Direction: Bullish Overall momentum of […]<\/p>\n","protected":false},"author":8,"featured_media":79407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[340,216,215,339,195],"tags":[],"class_list":["post-84750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-posts","category-forex-news-daily","category-market-analysis","category-recent-posts","category-technical-analysis"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/84750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=84750"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/84750\/revisions"}],"predecessor-version":[{"id":84769,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/84750\/revisions\/84769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79407"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=84750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=84750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=84750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}