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/USDBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▼ H4 ▲ H1 ▼ M15 ▲ M5 ▼RSI 42 · EMA20 < EMA50 · last 30m: 0.2 ATRSupport — · Resistance 1.12008 (0.3 ATR)the nearest level below is far away — price is stretched
BEARISH LEANING — D1 down, H4 up, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 37.7; H1 RSI 41.8. Major support — · resistance 1.12008 (0.3 ATR). the nearest level below is far away — price is stretched Near-term: 30-min move normal (0.16 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 down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 37.7; H1 RSI 41.8
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support none below · resistance 1.12008 (0.3 ATR)
GBP/USDBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▼ H4 ▲ H1 ▼ M15 ▼ M5 ▼RSI 38 · EMA20 < EMA50 · last 30m: 0.3 ATRSupport 1.32053 (0.5 ATR) · Resistance 1.32261 (0.9 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
BEARISH LEANING — D1 down, H4 up, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 42.8; H1 RSI 38.5. Major support 1.32053 (0.5 ATR) · resistance 1.32261 (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 (0.31 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 down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 42.8; H1 RSI 38.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32053 (0.5 ATR) · resistance 1.32261 (0.9 ATR)
USD/JPYBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 — M15 ▲ M5 ▲RSI 47 · EMA20 > EMA50 · last 30m: 0.4 ATRSupport 157.79406 (1.7 ATR) · Resistance 158.09609 (0.1 ATR)price is sitting right at the nearest level above, with 1.7 ATR to the nearest level below
BULLISH LEANING — D1 mixed, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 51.4; H1 RSI 46.9. Major support 157.79406 (1.7 ATR) · resistance 158.09609 (0.1 ATR). price is sitting right at the nearest level above, with 1.7 ATR to the nearest level below Near-term: 30-min move normal (0.42 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 mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 51.4; H1 RSI 46.9
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 157.79406 (1.7 ATR) · resistance 158.09609 (0.1 ATR)
GoldBEARISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 — M15 ▼ M5 ▼RSI 42 · EMA20 < EMA50 · last 30m: 0.5 ATRSupport — · Resistance 4,118.30 (0.5 ATR)the nearest level below is far away — price is stretched
BEARISH CLEAR — D1 down, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 34.5; H1 RSI 42.3. Major support — · resistance 4118.30 (0.5 ATR). the nearest level below is far away — price is stretched Near-term: 30-min move normal (0.47 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 34.5; H1 RSI 42.3
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support none below · resistance 4118.30 (0.5 ATR)
OilBREAK · last read 20:57 UTC · reopens 22:01 UTC
D1/H4/H1 · session backdrop
D1 — H4 — H1 — M15 ▲ M5 ▲RSI 43 · EMA20 < EMA50 · last 30m: 0.6 ATRSupport 89.86 (0.5 ATR) · Resistance 91.59 (1.9 ATR)the nearest level above is 1.9 ATR away and below 0.5 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 44.9; H1 RSI 43.2. Major support 89.86 (0.5 ATR) · resistance 91.59 (1.9 ATR). the nearest level above is 1.9 ATR away and below 0.5 ATR — price is closer to the one below Near-term: 30-min move active (0.56 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 44.9; H1 RSI 43.2
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 89.86 (0.5 ATR) · resistance 91.59 (1.9 ATR)
BitcoinBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 ▼ M15 ▲ M5 ▲RSI 36 · EMA20 < EMA50 · last 30m: 0.6 ATRSupport 82,940.7 (1.0 ATR) · Resistance 83,500.0 (0.4 ATR)the nearest level above is 0.4 ATR away and below 1.0 ATR — price is closer to the one above
BEARISH LEANING — D1 down, H4 mixed, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 33.6; H1 RSI 35.8. Major support 82940.7 (1.0 ATR) · resistance 83500.0 (0.4 ATR). the nearest level above is 0.4 ATR away and below 1.0 ATR — price is closer to the one above Near-term: 30-min move active (0.64 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 down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 33.6; H1 RSI 35.8
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 82940.7 (1.0 ATR) · resistance 83500.0 (0.4 ATR)
EthereumNEUTRAL
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 ▼ M15 ▲ M5 ▲RSI 32 · EMA20 < EMA50 · last 30m: 0.6 ATRSupport 2,566.6 (0.1 ATR) · Resistance 2,672.3 (6.5 ATR)price is 0.1 ATR over the nearest level below and 6.5 ATR under the nearest level above — near the bottom of its recent range
NEUTRAL — D1 up, H4 up, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 25.1; H1 RSI 32.5. Major support 2566.6 (0.1 ATR) · resistance 2672.3 (6.5 ATR). price is 0.1 ATR over the nearest level below and 6.5 ATR under the nearest level above — near the bottom of its recent range Near-term: 30-min move active (0.61 ATR), structure intact.
D1 trend (long) — D1 structure says up; EMA neutral or disagreeing
H4 trend (long) — H4 structure says up; EMA neutral or disagreeing
H1 trend (long) — H1 structure says down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 25.1; H1 RSI 32.5
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 2566.6 (0.1 ATR) · resistance 2672.3 (6.5 ATR)
SESSION PREP · ASIA
What to watch in the Asia session
The Asian session (Sydney · Australia · Tokyo · China · Singapore) · updated 2026-10-07 21:02 UTC.
Good morning. Wall Street closed lower off its record as Treasury yields climbed, while the crypto regulation drumbeat kept rolling — the CFTC advancing federal rules, Hong Kong moving on broker licensing, and central banks still quietly stacking gold.
The Asia calendar is light and low-tier: RICS house prices and the German trade balance, plus a run of Japanese releases — current account, a 30-year bond auction and Economy Watchers sentiment — and Australian inflation expectations. Nothing here should rattle the desk on its own.
On the cards, the picture is mostly tilted lower. EUR/USD and GBP/USD both lean bearish, with the dollar pairs showing shorter timeframes pointing down against a mixed-to-up H4. USD/JPY is the outlier, leaning bullish and sitting right at its nearest level above. Gold reads bearish clear, and Bitcoin leans bearish with H4 RSI in the low 30s. Ethereum is neutral, tucked near the bottom of its range. Oil's live read is paused. Watch whether the yen data and that bond auction shift the mood, or whether the crypto headlines keep doing the talking.