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 62 · EMA20 < EMA50 · last 30m: 1.2 ATRSupport 1.11713 (2.4 ATR) · Resistance 1.12033 (1.8 ATR)about the same room to the levels above (1.8 ATR) and below (2.4 ATR)
BEARISH CLEAR — D1 down, H4 down, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 47.1; H1 RSI 61.6. Major support 1.11713 (2.4 ATR) · resistance 1.12033 (1.8 ATR). about the same room to the levels above (1.8 ATR) and below (2.4 ATR) Near-term: 30-min move significant (1.16 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 47.1; H1 RSI 61.6
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.11713 (2.4 ATR) · resistance 1.12033 (1.8 ATR)
GBP/USDNEUTRAL
D1/H4/H1 · session backdrop
D1 — H4 — H1 ▲ M15 ▲ M5 ▲RSI 59 · EMA20 < EMA50 · last 30m: 1.2 ATRSupport 1.32230 (1.1 ATR) · Resistance 1.32489 (2.2 ATR)the nearest level above is 2.2 ATR away and below 1.1 ATR — price is closer to the one below
NEUTRAL — D1 mixed, H4 mixed, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 52.1; H1 RSI 59.5. Major support 1.32230 (1.1 ATR) · resistance 1.32489 (2.2 ATR). the nearest level above is 2.2 ATR away and below 1.1 ATR — price is closer to the one below Near-term: 30-min move significant (1.18 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 neutral or disagreeing
Momentum (H4/H1) — H4 RSI 52.1; H1 RSI 59.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32230 (1.1 ATR) · resistance 1.32489 (2.2 ATR)
USD/JPYBULLISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 — M15 ▼ M5 ▼RSI 40 · EMA20 > EMA50 · last 30m: 1.2 ATRSupport 158.10290 (1.1 ATR) · Resistance 158.25564 (0.1 ATR)price is sitting right at the nearest level above, with 1.1 ATR to the nearest level below
BULLISH CLEAR — D1 up, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 49.2; H1 RSI 39.5. Major support 158.10290 (1.1 ATR) · resistance 158.25564 (0.1 ATR). price is sitting right at the nearest level above, with 1.1 ATR to the nearest level below Near-term: 30-min move significant (1.17 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 mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 49.2; H1 RSI 39.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 158.10290 (1.1 ATR) · resistance 158.25564 (0.1 ATR)
GoldNEUTRAL
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 — M15 ▲ M5 ▼RSI 58 · EMA20 > EMA50 · last 30m: 0.9 ATRSupport 4,181.06 (0.9 ATR) · Resistance 4,198.59 (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 down, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 57.9; H1 RSI 58.5. Major support 4181.06 (0.9 ATR) · resistance 4198.59 (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 (0.9 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 57.9; H1 RSI 58.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 4181.06 (0.9 ATR) · resistance 4198.59 (0.8 ATR)
OilNEUTRAL
D1/H4/H1 · session backdrop
D1 — H4 — H1 — M15 ▼ M5 ▲RSI 40 · EMA20 > EMA50 · last 30m: 1.0 ATRSupport 91.67 (1.5 ATR) · Resistance 92.37 (0.0 ATR)price is sitting right at the nearest level above, with 1.5 ATR to the nearest level below
NEUTRAL — D1 mixed, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 50.2; H1 RSI 40.0. Major support 91.67 (1.5 ATR) · resistance 92.37 (0.0 ATR). price is sitting right at the nearest level above, with 1.5 ATR to the nearest level below Near-term: 30-min move active (0.98 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 mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 50.2; H1 RSI 40.0
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 91.67 (1.5 ATR) · resistance 92.37 (0.0 ATR)
BitcoinBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▼ H4 ▲ H1 ▼ M15 ▲ M5 ▲RSI 62 · EMA20 < EMA50 · last 30m: 0.7 ATRSupport 83,886.4 (0.0 ATR) · Resistance 84,424.9 (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 56.4; H1 RSI 61.9. Major support 83886.4 (0.0 ATR) · resistance 84424.9 (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 (0.66 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 56.4; H1 RSI 61.9
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 83886.4 (0.0 ATR) · resistance 84424.9 (0.9 ATR)
EthereumNEUTRAL
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 — M15 ▲ M5 ▲RSI 56 · EMA20 < EMA50 · last 30m: 0.5 ATRSupport 2,505.3 (1.0 ATR) · Resistance 2,533.0 (0.1 ATR)price is sitting right at the nearest level above, with 1.0 ATR to the nearest level below
NEUTRAL — D1 mixed, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 51.3; H1 RSI 56.5. Major support 2505.3 (1.0 ATR) · resistance 2533.0 (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 (0.55 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 mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 51.3; H1 RSI 56.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 2505.3 (1.0 ATR) · resistance 2533.0 (0.1 ATR)
SESSION PREP · LONDON
What to watch in the London session
The London session (Europe open · the liquidity hour) · updated 2026-10-13 08:02 UTC.
Good morning, London. The backdrop is a familiar tangle — oil on the move after Trump's Russian diesel comments, Asian equities mixed, and a K-shaped global economy doing its best impression of a mood ring. Gold is slipping as attention turns to US data, while crypto regulation keeps making headlines on both sides of the Atlantic.
The calendar for this window is light: China's M2 money supply and new loans, plus the NFIB Small Business Index out of the US — all low-tier, none likely to be a sledgehammer.
On the gauge: EUR/USD reads bearish clear, with D1 and H4 down against an H1 up, and about the same room to the levels above and below. USD/JPY is bullish clear and sitting right at the nearest level above. Gold is neutral, wedged between two close levels — a move out of that zone could go either way. Oil is neutral and also right at the nearest level above. Sterling, Bitcoin and Ethereum round out the board, with Bitcoin bearish leaning and the other two neutral. Watch whether the thin calendar lets those nearby levels do the talking.