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/USDSTALE · last read 05 Oct 10:44 UTC
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 — M15 ▲ M5 ▼RSI 41 · EMA20 < EMA50 · last 30m: 0.4 ATRSupport — · Resistance 1.12570 (2.6 ATR)the nearest level below is far away — price is stretched
BEARISH CLEAR — D1 down, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 33.5; H1 RSI 41.4. Major support — · resistance 1.12570 (2.6 ATR). the nearest level below is far away — price is stretched Near-term: 30-min move normal (0.37 ATR), structure mixed.
D1 trend (long) — D1 structure says down; EMA neutral or disagreeing
H4 trend (long) — H4 structure says down; EMA aligned with it
H1 trend (long) — H1 structure says mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 33.5; H1 RSI 41.4
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support none below · resistance 1.12570 (2.6 ATR)
GBP/USDSTALE · last read 05 Oct 10:44 UTC
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 — M15 ▲ M5 ▼RSI 50 · EMA20 < EMA50 · last 30m: 0.5 ATRSupport 1.32059 (1.1 ATR) · Resistance 1.32264 (0.2 ATR)the nearest level above is 0.2 ATR away and below 1.1 ATR — price is closer to the one above
BEARISH CLEAR — D1 down, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 47.8; H1 RSI 50.2. Major support 1.32059 (1.1 ATR) · resistance 1.32264 (0.2 ATR). the nearest level above is 0.2 ATR away and below 1.1 ATR — price is closer to the one above Near-term: 30-min move active (0.51 ATR), structure mixed.
D1 trend (long) — D1 structure says down; EMA neutral or disagreeing
H4 trend (long) — H4 structure says down; EMA aligned with it
H1 trend (long) — H1 structure says mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 47.8; H1 RSI 50.2
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32059 (1.1 ATR) · resistance 1.32264 (0.2 ATR)
USD/JPYSTALE · last read 05 Oct 10:44 UTC
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 ▲ M15 ▲ M5 ▲RSI 55 · EMA20 > EMA50 · last 30m: 0.4 ATRSupport 157.81735 (0.7 ATR) · Resistance 158.14336 (0.8 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
BULLISH CLEAR — D1 mixed, H4 up, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 54.2; H1 RSI 55.3. Major support 157.81735 (0.7 ATR) · resistance 158.14336 (0.8 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 (0.36 ATR), structure intact.
D1 trend (long) — D1 structure says mixed; EMA neutral or disagreeing
H4 trend (long) — H4 structure says up; EMA aligned with it
H1 trend (long) — H1 structure says up; EMA aligned with it
Momentum (H4/H1) — H4 RSI 54.2; H1 RSI 55.3
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 157.81735 (0.7 ATR) · resistance 158.14336 (0.8 ATR)
GoldSTALE · last read 05 Oct 10:44 UTC
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 — M15 ▲ M5 ▼RSI 51 · EMA20 < EMA50 · last 30m: 0.3 ATRSupport 4,145.18 (0.9 ATR) · Resistance 4,189.67 (2.4 ATR)the nearest level above is 2.4 ATR away and below 0.9 ATR — price is closer to the one below
BEARISH LEANING — D1 down, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 45.8; H1 RSI 50.8. Major support 4145.18 (0.9 ATR) · resistance 4189.67 (2.4 ATR). the nearest level above is 2.4 ATR away and below 0.9 ATR — price is closer to the one below Near-term: 30-min move normal (0.26 ATR), structure mixed.
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 mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 45.8; H1 RSI 50.8
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 4145.18 (0.9 ATR) · resistance 4189.67 (2.4 ATR)
OilSTALE · last read 05 Oct 10:44 UTC
D1/H4/H1 · session backdrop
D1 — H4 — H1 — M15 ▲ M5 ▲RSI 50 · EMA20 < EMA50 · last 30m: 0.7 ATRSupport 91.61 (1.2 ATR) · Resistance 92.48 (0.1 ATR)price is sitting right at the nearest level above, with 1.2 ATR to the nearest level below
NEUTRAL — D1 mixed, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 51.0; H1 RSI 50.3. Major support 91.61 (1.2 ATR) · resistance 92.48 (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 (0.68 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 51.0; H1 RSI 50.3
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 91.61 (1.2 ATR) · resistance 92.48 (0.1 ATR)
No live read for Ethereum right now — the feed has not delivered it, so there is nothing to judge.
SESSION PREP · LONDON
What to watch in the London session
The London session (Europe open · the liquidity hour) · updated 2026-10-06 08:00 UTC.
Good morning. The backdrop is a familiar two-strand braid: Asian shares mostly advancing after Wall Street's gains, and Washington still busy rewriting the crypto rulebook — CFTC proposals, a comment period on retail rules, a Treasury mixing-rule withdrawal — as the CLARITY Act's failure keeps reshaping the map.
London's calendar is modest and entirely Low-tier: UK Construction PMI, a Housing Equity Withdrawal print, and MPC Member Mann speaking, alongside euro-area Retail Sales. Nothing here is built to move the needle hard, so expect the data to colour the mood rather than set it.
So watch whether Mann's remarks or the UK and euro-area prints start feeding the bond and crypto narratives. If the story shifts, we'll say so once the feeds return.