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 06 Oct 12:17 UTC
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 ▲ M15 ▲ M5 ▲RSI 70 · EMA20 < EMA50 · last 30m: 0.9 ATRSupport 1.12171 (3.6 ATR) · Resistance 1.13307 (4.4 ATR)about the same room to the levels above (4.4 ATR) and below (3.6 ATR)
BEARISH LEANING — D1 down, H4 down, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 51.6; H1 RSI 70.0. Major support 1.12171 (3.6 ATR) · resistance 1.13307 (4.4 ATR). about the same room to the levels above (4.4 ATR) and below (3.6 ATR) Near-term: 30-min move active (0.91 ATR), structure intact.
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 up; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 51.6; H1 RSI 70.0
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.12171 (3.6 ATR) · resistance 1.13307 (4.4 ATR)
GBP/USDSTALE · last read 06 Oct 12:17 UTC
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 — M15 ▲ M5 ▲RSI 73 · EMA20 > EMA50 · last 30m: 0.7 ATRSupport 1.32260 (3.6 ATR) · Resistance 1.32802 (0.4 ATR)price is 0.4 ATR under the nearest level above and 3.6 ATR over the nearest level below — near the top of its recent range
NEUTRAL — D1 down, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 61.3; H1 RSI 72.8. Major support 1.32260 (3.6 ATR) · resistance 1.32802 (0.4 ATR). price is 0.4 ATR under the nearest level above and 3.6 ATR over the nearest level below — near the top of its recent range Near-term: 30-min move active (0.69 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 61.3; H1 RSI 72.8
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32260 (3.6 ATR) · resistance 1.32802 (0.4 ATR)
USD/JPYSTALE · last read 06 Oct 12:17 UTC
D1/H4/H1 · session backdrop
D1 — H4 — H1 — M15 ▲ M5 ▼RSI 56 · EMA20 > EMA50 · last 30m: 1.7 ATRSupport 158.10733 (0.4 ATR) · Resistance 158.25829 (0.5 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
BULLISH LEANING — D1 mixed, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 53.3; H1 RSI 56.4. Major support 158.10733 (0.4 ATR) · resistance 158.25829 (0.5 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 significant (1.66 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 53.3; H1 RSI 56.4
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 158.10733 (0.4 ATR) · resistance 158.25829 (0.5 ATR)
GoldSTALE · last read 06 Oct 12:17 UTC
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 ▼ M15 ▲ M5 ▲RSI 64 · EMA20 < EMA50 · last 30m: 0.5 ATRSupport 4,169.41 (0.4 ATR) · Resistance 4,189.67 (1.0 ATR)the nearest level above is 1.0 ATR away and below 0.4 ATR — price is closer to the one below
BEARISH LEANING — D1 down, H4 down, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 53.6; H1 RSI 63.9. Major support 4169.41 (0.4 ATR) · resistance 4189.67 (1.0 ATR). the nearest level above is 1.0 ATR away and below 0.4 ATR — price is closer to the one below Near-term: 30-min move active (0.53 ATR), structure intact.
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 down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 53.6; H1 RSI 63.9
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 4169.41 (0.4 ATR) · resistance 4189.67 (1.0 ATR)
OilSTALE · last read 06 Oct 12:17 UTC
D1/H4/H1 · session backdrop
D1 — H4 — H1 ▼ M15 ▼ M5 ▼RSI 25 · EMA20 < EMA50 · last 30m: 1.0 ATRSupport 88.36 (0.4 ATR) · Resistance 89.00 (0.7 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
BEARISH LEANING — D1 mixed, H4 mixed, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 37.1; H1 RSI 25.0. Major support 88.36 (0.4 ATR) · resistance 89.00 (0.7 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 significant (1.03 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 down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 37.1; H1 RSI 25.0
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 88.36 (0.4 ATR) · resistance 89.00 (0.7 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 2026-10-07 08:02 UTC.
Good morning. The S&P 500, for its part, is back in record territory.
London's calendar is quiet this morning: nothing scheduled in the 08:00–12:00 UTC window, so the headlines carry the mood rather than any release.
On the cards, every symbol we track — EUR/USD, GBP/USD, USD/JPY, gold, oil, Bitcoin and Ethereum — is showing no live read, with the feed paused. There's no current gauge to lean on, so watch whether the crypto regulation story keeps feeding risk appetite, and whether the escalation headlines start to colour the mood beyond oil.