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 64 · EMA20 > EMA50 · last 30m: 0.9 ATRSupport 1.12158 (1.9 ATR) · Resistance 1.12619 (3.9 ATR)the nearest level above is 3.9 ATR away and below 1.9 ATR — price is closer to the one below
NEUTRAL — D1 down, H4 up, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 52.1; H1 RSI 63.8. Major support 1.12158 (1.9 ATR) · resistance 1.12619 (3.9 ATR). the nearest level above is 3.9 ATR away and below 1.9 ATR — price is closer to the one below Near-term: 30-min move active (0.92 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 aligned with it
Momentum (H4/H1) — H4 RSI 52.1; H1 RSI 63.8
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.12158 (1.9 ATR) · resistance 1.12619 (3.9 ATR)
GBP/USDNEUTRAL
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 ▲ M15 ▲ M5 ▼RSI 61 · EMA20 > EMA50 · last 30m: 0.9 ATRSupport 1.32234 (2.4 ATR) · Resistance 1.32482 (0.5 ATR)the nearest level above is 0.5 ATR away and below 2.4 ATR — price is closer to the one above
NEUTRAL — D1 down, H4 mixed, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 55.7; H1 RSI 60.9. Major support 1.32234 (2.4 ATR) · resistance 1.32482 (0.5 ATR). the nearest level above is 0.5 ATR away and below 2.4 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 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 55.7; H1 RSI 60.9
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32234 (2.4 ATR) · resistance 1.32482 (0.5 ATR)
USD/JPYNEUTRAL
D1/H4/H1 · session backdrop
D1 ▲ H4 ▼ H1 ▼ M15 ▲ M5 ▲RSI 61 · EMA20 < EMA50 · last 30m: 0.8 ATRSupport 158.09740 (1.5 ATR) · Resistance 158.43779 (0.6 ATR)the nearest level above is 0.6 ATR away and below 1.5 ATR — price is closer to the one above
NEUTRAL — D1 up, H4 down, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 56.9; H1 RSI 60.7. Major support 158.09740 (1.5 ATR) · resistance 158.43779 (0.6 ATR). the nearest level above is 0.6 ATR away and below 1.5 ATR — price is closer to the one above Near-term: 30-min move active (0.78 ATR), structure intact.
D1 trend (long) — D1 structure says up; EMA neutral or disagreeing
H4 trend (long) — H4 structure says down; EMA neutral or disagreeing
H1 trend (long) — H1 structure says down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 56.9; H1 RSI 60.7
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 158.09740 (1.5 ATR) · resistance 158.43779 (0.6 ATR)
GoldNEUTRAL
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 — M15 ▲ M5 ▲RSI 75 · EMA20 > EMA50 · last 30m: 0.5 ATRSupport 4,182.44 (0.9 ATR) · Resistance 4,196.18 (0.2 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 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 62.5; H1 RSI 74.7. Major support 4182.44 (0.9 ATR) · resistance 4196.18 (0.2 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 (0.48 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 62.5; H1 RSI 74.7
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 4182.44 (0.9 ATR) · resistance 4196.18 (0.2 ATR)
OilBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 ▼ M15 ▲ M5 ▲RSI 45 · EMA20 > EMA50 · last 30m: 0.7 ATRSupport 91.04 (1.1 ATR) · Resistance 91.68 (0.2 ATR)the nearest level above is 0.2 ATR away and below 1.1 ATR — price is closer to the one above
BULLISH LEANING — D1 up, H4 up, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 49.7; H1 RSI 45.2. Major support 91.04 (1.1 ATR) · resistance 91.68 (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 (0.66 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 down; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 49.7; H1 RSI 45.2
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 91.04 (1.1 ATR) · resistance 91.68 (0.2 ATR)
BitcoinBEARISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 — M15 ▲ M5 ▲RSI 55 · EMA20 < EMA50 · last 30m: 0.4 ATRSupport 81,843.4 (1.9 ATR) · Resistance 83,124.4 (1.7 ATR)about the same room to the levels above (1.7 ATR) and below (1.9 ATR)
BEARISH CLEAR — D1 down, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 40.5; H1 RSI 54.9. Major support 81843.4 (1.9 ATR) · resistance 83124.4 (1.7 ATR). about the same room to the levels above (1.7 ATR) and below (1.9 ATR) Near-term: 30-min move normal (0.36 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 40.5; H1 RSI 54.9
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 81843.4 (1.9 ATR) · resistance 83124.4 (1.7 ATR)
EthereumNEUTRAL
D1/H4/H1 · session backdrop
D1 ▲ H4 ▼ H1 ▲ M15 ▲ M5 ▲RSI 50 · EMA20 < EMA50 · last 30m: 0.4 ATRSupport 2,485.0 (0.8 ATR) · Resistance 2,522.3 (1.6 ATR)the nearest level above is 1.6 ATR away and below 0.8 ATR — price is closer to the one below
NEUTRAL — D1 up, H4 down, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 33.2; H1 RSI 49.6. Major support 2485.0 (0.8 ATR) · resistance 2522.3 (1.6 ATR). the nearest level above is 1.6 ATR away and below 0.8 ATR — price is closer to the one below Near-term: 30-min move normal (0.38 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 up; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 33.2; H1 RSI 49.6
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 2485.0 (0.8 ATR) · resistance 2522.3 (1.6 ATR)
SESSION PREP · LONDON
What to watch in the London session
The London session (Europe open · the liquidity hour) · updated 2026-10-09 08:02 UTC.
Good morning. Stablecoins are having a moment in the headlines — Samsung wallet, tax plans in France and Greece, ESMA's three-month deadline for non-MiCA tokens — while Asian shares are mixed and crude prices fall after an unsettled Wall Street session.
London's calendar is light: Italian Industrial Production m/m and the ECOFIN Meetings, both low-tier for the euro, so the technicals carry the morning.
On the cards, EUR/USD has turned neutral — D1 down, but H4 and H1 up, H4 RSI 52.1 and H1 RSI 63.8, with price closer to the level below (1.9 ATR) than the one above (3.9 ATR). GBP/USD also reads neutral — D1 down, H4 mixed, H1 up — sitting closer to the level above at just 0.5 ATR. USD/JPY is neutral too, D1 up against H4 and H1 down, closer to the level above (0.6 ATR). Oil leans bullish — D1 and H4 up, H1 down — nearer the level above (0.2 ATR). Bitcoin stays bearish clear across D1 and H4 with H1 mixed, roughly even room to the levels either side. Gold is neutral and squeezed between two close levels; Ethereum neutral, closer to the level below. Watch whether those near levels give way as London finds its footing.