What this reads: the bigger picture for this session — daily, 4-hour and 1-hour trends with 4-hour and 1-hour momentum, read when this briefing was written. It changes slowly and is not a forecast. Market Pulse reads only the last hour or so, so the two can disagree: a short bounce inside a downtrend can read bullish there and bearish here.
EUR/USDNEUTRAL
D1/H4/H1 · session backdrop
D1 ▼ H4 ▲ H1 ▲ M15 ▼ M5 ▼RSI 48 · EMA20 < EMA50 · last 30m: 0.7 ATRSupport 1.12023 (0.1 ATR) · Resistance 1.12159 (1.6 ATR)price is sitting right at the nearest level below, with 1.6 ATR to the nearest level above
NEUTRAL — D1 down, H4 up, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 45.5; H1 RSI 47.9. Major support 1.12023 (0.1 ATR) · resistance 1.12159 (1.6 ATR). price is sitting right at the nearest level below, with 1.6 ATR to the nearest level above Near-term: 30-min move active (0.7 ATR), structure intact.
D1 trend (long) — D1 structure says down; EMA neutral or disagreeing
H4 trend (long) — H4 structure says up; EMA neutral or disagreeing
H1 trend (long) — H1 structure says up; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 45.5; H1 RSI 47.9
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.12023 (0.1 ATR) · resistance 1.12159 (1.6 ATR)
GBP/USDBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 ▲ M15 ▼ M5 ▼RSI 55 · EMA20 > EMA50 · last 30m: 0.7 ATRSupport 1.32232 (2.1 ATR) · Resistance 1.32506 (0.6 ATR)the nearest level above is 0.6 ATR away and below 2.1 ATR — price is closer to the one above
BULLISH LEANING — D1 mixed, H4 up, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 55.5; H1 RSI 55.5. Major support 1.32232 (2.1 ATR) · resistance 1.32506 (0.6 ATR). the nearest level above is 0.6 ATR away and below 2.1 ATR — price is closer to the one above Near-term: 30-min move active (0.74 ATR), structure intact.
D1 trend (long) — D1 structure says mixed; EMA neutral or disagreeing
H4 trend (long) — H4 structure says up; EMA neutral or disagreeing
H1 trend (long) — H1 structure says up; EMA aligned with it
Momentum (H4/H1) — H4 RSI 55.5; H1 RSI 55.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32232 (2.1 ATR) · resistance 1.32506 (0.6 ATR)
USD/JPYBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 ▲ H4 — H1 ▼ M15 ▲ M5 ▲RSI 61 · EMA20 > EMA50 · last 30m: 0.7 ATRSupport 158.09544 (3.1 ATR) · Resistance 158.49780 (0.5 ATR)price is 0.5 ATR under the nearest level above and 3.1 ATR over the nearest level below — near the top of its recent range
BULLISH LEANING — D1 up, H4 mixed, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 59.0; H1 RSI 60.9. Major support 158.09544 (3.1 ATR) · resistance 158.49780 (0.5 ATR). price is 0.5 ATR under the nearest level above and 3.1 ATR over the nearest level below — near the top of its recent range Near-term: 30-min move active (0.68 ATR), structure intact.
D1 trend (long) — D1 structure says up; EMA neutral or disagreeing
H4 trend (long) — H4 structure says mixed; EMA neutral or disagreeing
H1 trend (long) — H1 structure says down; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 59.0; H1 RSI 60.9
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 158.09544 (3.1 ATR) · resistance 158.49780 (0.5 ATR)
GoldBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 ▲ M15 ▼ M5 ▼RSI 47 · EMA20 > EMA50 · last 30m: 0.7 ATRSupport 4,167.13 (1.2 ATR) · Resistance 4,182.18 (0.1 ATR)price is sitting right at the nearest level above, with 1.2 ATR to the nearest level below
BEARISH LEANING — D1 down, H4 mixed, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 55.1; H1 RSI 47.1. Major support 4167.13 (1.2 ATR) · resistance 4182.18 (0.1 ATR). price is sitting right at the nearest level above, with 1.2 ATR to the nearest level below Near-term: 30-min move active (0.73 ATR), structure intact.
D1 trend (long) — D1 structure says down; EMA neutral or disagreeing
H4 trend (long) — H4 structure says mixed; EMA neutral or disagreeing
H1 trend (long) — H1 structure says up; EMA aligned with it
Momentum (H4/H1) — H4 RSI 55.1; H1 RSI 47.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 4167.13 (1.2 ATR) · resistance 4182.18 (0.1 ATR)
OilBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 — H1 — M15 ▲ M5 ▲RSI 49 · EMA20 < EMA50 · last 30m: 1.0 ATRSupport 91.23 (0.4 ATR) · Resistance 92.45 (1.1 ATR)the nearest level above is 1.1 ATR away and below 0.4 ATR — price is closer to the one below
BEARISH LEANING — D1 mixed, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 49.2; H1 RSI 49.0. Major support 91.23 (0.4 ATR) · resistance 92.45 (1.1 ATR). the nearest level above is 1.1 ATR away and below 0.4 ATR — price is closer to the one below Near-term: 30-min move active (0.96 ATR), structure mixed.
D1 trend (long) — D1 structure says mixed; EMA neutral or disagreeing
H4 trend (long) — H4 structure says mixed; EMA neutral or disagreeing
H1 trend (long) — H1 structure says mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 49.2; H1 RSI 49.0
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 91.23 (0.4 ATR) · resistance 92.45 (1.1 ATR)
BitcoinNEUTRAL
D1/H4/H1 · session backdrop
D1 ▼ H4 ▲ H1 — M15 ▲ M5 ▲RSI 59 · EMA20 > EMA50 · last 30m: 0.5 ATRSupport 83,608.3 (0.9 ATR) · Resistance 84,269.8 (0.9 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
NEUTRAL — D1 down, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 59.7; H1 RSI 59.0. Major support 83608.3 (0.9 ATR) · resistance 84269.8 (0.9 ATR). price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way Near-term: 30-min move normal (0.45 ATR), structure mixed.
D1 trend (long) — D1 structure says down; EMA neutral or disagreeing
H4 trend (long) — H4 structure says up; EMA neutral or disagreeing
H1 trend (long) — H1 structure says mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 59.7; H1 RSI 59.0
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 83608.3 (0.9 ATR) · resistance 84269.8 (0.9 ATR)
EthereumNEUTRAL
D1/H4/H1 · session backdrop
D1 — H4 — H1 ▲ M15 ▲ M5 ▲RSI 67 · EMA20 > EMA50 · last 30m: 0.6 ATRSupport 2,507.8 (3.5 ATR) · Resistance 2,567.1 (0.6 ATR)price is 0.6 ATR under the nearest level above and 3.5 ATR over the nearest level below — near the top of its recent range
NEUTRAL — D1 mixed, H4 mixed, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 59.3; H1 RSI 67.4. Major support 2507.8 (3.5 ATR) · resistance 2567.1 (0.6 ATR). price is 0.6 ATR under the nearest level above and 3.5 ATR over the nearest level below — near the top of its recent range Near-term: 30-min move active (0.63 ATR), structure intact.
D1 trend (long) — D1 structure says mixed; EMA neutral or disagreeing
H4 trend (long) — H4 structure says mixed; EMA neutral or disagreeing
H1 trend (long) — H1 structure says up; EMA aligned with it
Momentum (H4/H1) — H4 RSI 59.3; H1 RSI 67.4
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 2507.8 (3.5 ATR) · resistance 2567.1 (0.6 ATR)
SESSION PREP · LONDON
What to watch in the London session
The London session (Europe open · the liquidity hour) · updated 2026-10-12 08:02 UTC.
Good morning — the tape is still talking regulation, with ESMA's MiCA stablecoin push, Samsung Wallet's stablecoin plans and France's crypto tax proposals carrying over, while oil headlines pull in both directions after a ceasefire announcement and reports of falling prices.
This session's calendar is light but not empty: MPC Member Breeden speaks (GBP, low impact), and a US bank holiday is on the board.
On the gauge, the FX and metals cards are live. EUR/USD reads neutral — daily down, four-hour and hourly up — sitting right at the nearest level below with 1.6 ATR to the one above. GBP/USD is bullish leaning on an up four-hour and hourly, closer to the level above. USD/JPY also leans bullish, near the top of its recent range. Gold leans bearish — daily down, four-hour mixed, hourly up — right at the nearest level above. Oil leans bearish with mixed timeframes, closer to the level below. Bitcoin is neutral, between two close levels; Ethereum is neutral and near the top of its range. Watch whether those tilts hold as liquidity returns.