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 · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 — M15 ▼ M5 ▼RSI 36 · EMA20 < EMA50 · last 30m: 1.0 ATRSupport — · Resistance 1.12019 (2.2 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 35.0; H1 RSI 35.5. Major support — · resistance 1.12019 (2.2 ATR). the nearest level below is far away — price is stretched Near-term: 30-min move significant (1.02 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 35.0; H1 RSI 35.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support none below · resistance 1.12019 (2.2 ATR)
GBP/USDBEARISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 ▼ M15 ▼ M5 ▼RSI 39 · EMA20 < EMA50 · last 30m: 0.9 ATRSupport 1.31917 (0.2 ATR) · Resistance 1.32058 (0.9 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
BEARISH CLEAR — D1 down, H4 down, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 37.8; H1 RSI 39.3. Major support 1.31917 (0.2 ATR) · resistance 1.32058 (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 active (0.94 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 37.8; H1 RSI 39.3
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 1.31917 (0.2 ATR) · resistance 1.32058 (0.9 ATR)
USD/JPYBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 — H1 ▲ M15 ▲ M5 ▲RSI 56 · EMA20 > EMA50 · last 30m: 0.4 ATRSupport 158.10133 (0.8 ATR) · Resistance 158.25811 (0.1 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 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 56.3; H1 RSI 55.6. Major support 158.10133 (0.8 ATR) · resistance 158.25811 (0.1 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 (0.44 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 56.3; H1 RSI 55.6
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 158.10133 (0.8 ATR) · resistance 158.25811 (0.1 ATR)
GoldBEARISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 — M15 ▼ M5 ▼RSI 52 · EMA20 < EMA50 · last 30m: 0.8 ATRSupport 4,112.51 (1.0 ATR) · Resistance 4,127.30 (0.1 ATR)price is sitting right at the nearest level above, with 1.0 ATR to the nearest level below
BEARISH CLEAR — D1 down, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 45.1; H1 RSI 52.0. Major support 4112.51 (1.0 ATR) · resistance 4127.30 (0.1 ATR). price is sitting right at the nearest level above, with 1.0 ATR to the nearest level below Near-term: 30-min move active (0.84 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 45.1; H1 RSI 52.0
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 4112.51 (1.0 ATR) · resistance 4127.30 (0.1 ATR)
OilBULLISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 — M15 ▲ M5 ▲RSI 71 · EMA20 > EMA50 · last 30m: 1.0 ATRSupport 93.07 (0.6 ATR) · Resistance 94.16 (1.4 ATR)the nearest level above is 1.4 ATR away and below 0.6 ATR — price is closer to the one below
BULLISH CLEAR — D1 up, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 60.1; H1 RSI 71.3. Major support 93.07 (0.6 ATR) · resistance 94.16 (1.4 ATR). the nearest level above is 1.4 ATR away and below 0.6 ATR — price is closer to the one below Near-term: 30-min move significant (1.02 ATR), structure mixed.
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 mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 60.1; H1 RSI 71.3
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 93.07 (0.6 ATR) · resistance 94.16 (1.4 ATR)
BitcoinBEARISH · STRONG
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 ▼ M15 ▼ M5 ▼RSI 34 · EMA20 < EMA50 · last 30m: 0.7 ATRSupport 80,655.2 (4.3 ATR) · Resistance 82,947.0 (1.1 ATR)price is 1.1 ATR under the nearest level above and 4.3 ATR over the nearest level below — near the top of its recent range
BEARISH STRONG — D1 down, H4 down, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 29.4; H1 RSI 34.1. Major support 80655.2 (4.3 ATR) · resistance 82947.0 (1.1 ATR). price is 1.1 ATR under the nearest level above and 4.3 ATR over the nearest level below — near the top of its recent range Near-term: 30-min move active (0.67 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 29.4; H1 RSI 34.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 80655.2 (4.3 ATR) · resistance 82947.0 (1.1 ATR)
EthereumBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▲ H4 ▼ H1 ▼ M15 ▼ M5 ▼RSI 29 · EMA20 < EMA50 · last 30m: 0.9 ATRSupport 2,506.5 (1.8 ATR) · Resistance 2,545.3 (0.7 ATR)the nearest level above is 0.7 ATR away and below 1.8 ATR — price is closer to the one above
BEARISH LEANING — D1 up, H4 down, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 22.7; H1 RSI 28.9. Major support 2506.5 (1.8 ATR) · resistance 2545.3 (0.7 ATR). the nearest level above is 0.7 ATR away and below 1.8 ATR — price is closer to the one above Near-term: 30-min move active (0.87 ATR), structure intact.
D1 trend (long) — D1 structure says up; 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 22.7; H1 RSI 28.9
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 2506.5 (1.8 ATR) · resistance 2545.3 (0.7 ATR)
SESSION PREP · US
What to watch in the US session
The US session (New York open · the afternoon drive) · updated 2026-10-08 12:02 UTC.
Good afternoon. Higher yields are pressing on stocks, Brent has jumped over 4% on Middle East tensions, and the crypto wires are busy with Samsung Wallet's USDC rollout, ESMA's stablecoin deadline, and the CFTC's rulemaking push.
This session's calendar has a clear headliner: BOE Gov Bailey speaks, with MPC Member Lombardelli also on the slate. From the US side, Unemployment Claims carry the medium-tier weight, alongside Final Wholesale Inventories, Natural Gas Storage, a 30-year Bond Auction, and FOMC Member Musalem — all low-tier.
On the cards, the dollar pairs still lean lower: EUR/USD is bearish clear with H4 RSI at 35.0, and GBP/USD is bearish clear with H4 RSI at 37.8, sitting between two close levels. USD/JPY leans bullish, also wedged between two close levels, so a break either way is the watch. Gold is bearish clear and resting right at its nearest level above. Oil stays bullish clear, though H1 RSI at 71.3 runs warm. Bitcoin is bearish strong across all three timeframes with H4 RSI at 29.4; Ethereum leans bearish with H4 RSI at 22.7.
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