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 32 · EMA20 < EMA50 · last 30m: 0.3 ATRSupport 1.11709 (0.4 ATR) · Resistance 1.12023 (3.0 ATR)the nearest level above is 3.0 ATR away and below 0.4 ATR — price is closer to the one below
BEARISH LEANING — D1 down, H4 mixed, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 37.8; H1 RSI 31.6. Major support 1.11709 (0.4 ATR) · resistance 1.12023 (3.0 ATR). the nearest level above is 3.0 ATR away and below 0.4 ATR — price is closer to the one below Near-term: 30-min move normal (0.35 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 neutral or disagreeing
Momentum (H4/H1) — H4 RSI 37.8; H1 RSI 31.6
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.11709 (0.4 ATR) · resistance 1.12023 (3.0 ATR)
GBP/USDBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 ▲ M15 ▼ M5 ▼RSI 45 · EMA20 > EMA50 · last 30m: 0.4 ATRSupport 1.32232 (0.6 ATR) · Resistance 1.32506 (2.1 ATR)the nearest level above is 2.1 ATR away and below 0.6 ATR — price is closer to the one below
BULLISH LEANING — D1 mixed, H4 up, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 49.1; H1 RSI 45.5. Major support 1.32232 (0.6 ATR) · resistance 1.32506 (2.1 ATR). the nearest level above is 2.1 ATR away and below 0.6 ATR — price is closer to the one below Near-term: 30-min move normal (0.41 ATR), structure intact.
D1 trend (long) — D1 structure says mixed; 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 49.1; H1 RSI 45.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32232 (0.6 ATR) · resistance 1.32506 (2.1 ATR)
USD/JPYBULLISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 ▼ M15 ▲ M5 ▲RSI 64 · EMA20 > EMA50 · last 30m: 0.7 ATRSupport 158.09405 (4.2 ATR) · Resistance none aboveno level above where price turned before, and the nearest one below is far away — price is stretched
BULLISH CLEAR — D1 up, H4 up, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 61.9; H1 RSI 64.1. Major support 158.09405 (4.2 ATR) · resistance no level above. no level above where price turned before, and the nearest one below is far away — price is stretched Near-term: 30-min move active (0.67 ATR), structure intact.
D1 trend (long) — D1 structure says up; EMA neutral or disagreeing
H4 trend (long) — H4 structure says up; EMA aligned with it
H1 trend (long) — H1 structure says down; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 61.9; H1 RSI 64.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 158.09405 (4.2 ATR) · resistance none above
GoldNEUTRAL
D1/H4/H1 · session backdrop
D1 ▼ H4 ▲ H1 ▲ M15 ▼ M5 ▼RSI 41 · EMA20 > EMA50 · last 30m: 0.5 ATRSupport 4,167.13 (0.2 ATR) · Resistance 4,182.18 (1.1 ATR)the nearest level above is 1.1 ATR away and below 0.2 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 51.4; H1 RSI 41.1. Major support 4167.13 (0.2 ATR) · resistance 4182.18 (1.1 ATR). the nearest level above is 1.1 ATR away and below 0.2 ATR — price is closer to the one below Near-term: 30-min move normal (0.48 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 51.4; H1 RSI 41.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 4167.13 (0.2 ATR) · resistance 4182.18 (1.1 ATR)
OilNEUTRAL
D1/H4/H1 · session backdrop
D1 — H4 ▼ H1 — M15 ▲ M5 ▲RSI 65 · EMA20 > EMA50 · last 30m: 0.6 ATRSupport 93.18 (0.6 ATR) · Resistance 94.31 (0.8 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
NEUTRAL — D1 mixed, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 58.7; H1 RSI 64.9. Major support 93.18 (0.6 ATR) · resistance 94.31 (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 active (0.62 ATR), structure mixed.
D1 trend (long) — D1 structure says mixed; EMA neutral or disagreeing
H4 trend (long) — H4 structure says down; EMA neutral or disagreeing
H1 trend (long) — H1 structure says mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 58.7; H1 RSI 64.9
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 93.18 (0.6 ATR) · resistance 94.31 (0.8 ATR)
BitcoinNEUTRAL
D1/H4/H1 · session backdrop
D1 ▼ H4 ▲ H1 ▲ M15 ▼ M5 ▼RSI 46 · EMA20 > EMA50 · last 30m: 0.5 ATRSupport 83,110.6 (0.6 ATR) · Resistance 83,608.3 (0.7 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 up, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 50.9; H1 RSI 46.3. Major support 83110.6 (0.6 ATR) · resistance 83608.3 (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 normal (0.46 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 50.9; H1 RSI 46.3
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 83110.6 (0.6 ATR) · resistance 83608.3 (0.7 ATR)
EthereumNEUTRAL
D1/H4/H1 · session backdrop
D1 — H4 — H1 ▲ M15 ▼ M5 ▼RSI 53 · EMA20 > EMA50 · last 30m: 0.6 ATRSupport 2,507.8 (2.3 ATR) · Resistance 2,567.9 (1.8 ATR)about the same room to the levels above (1.8 ATR) and below (2.3 ATR)
NEUTRAL — D1 mixed, H4 mixed, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 52.9; H1 RSI 53.2. Major support 2507.8 (2.3 ATR) · resistance 2567.9 (1.8 ATR). about the same room to the levels above (1.8 ATR) and below (2.3 ATR) Near-term: 30-min move active (0.65 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 52.9; H1 RSI 53.2
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 2507.8 (2.3 ATR) · resistance 2567.9 (1.8 ATR)
SESSION PREP · US
What to watch in the US session
The US session (New York open · the afternoon drive) · updated 2026-10-12 12:02 UTC.
Good morning. Oil is the story again — headlines have it rising on Trump's Russian diesel comments, even as other coverage points to a ceasefire-driven slide, and Asian equities are mixed while bank earnings and a looming CPI print keep the macro crowd alert.
The US window itself is light: a Canadian bank holiday, an MPC Member Mann speech, IMF Meetings, and an FOMC Member Hammack appearance — all low-tier, so expect the calendar to play second fiddle to headlines and holiday-thinned liquidity.
On the cards, EUR/USD leans bearish — D1 down against a mixed H4 and up H1, H4 RSI 37.8, with price much closer to support below than resistance above. GBP/USD leans bullish on up H4 and H1, though its D1 is mixed, and it also sits nearer the level below. USD/JPY reads bullish clear, D1 and H4 up against a down H1, H4 RSI 61.9, with no level above where price turned before — stretched. Gold is neutral, D1 down against up H4 and H1. Oil is neutral with a down H4, price wedged between two close levels. Bitcoin is neutral, also between two close levels; Ethereum neutral, with roughly even room either side.
Watch whether the thin holiday tape amplifies moves around those levels, and whether Mann or Hammack stirs sterling or the dollar.