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 53 · EMA20 > EMA50 · last 30m: 1.5 ATRSupport 1.11861 (2.2 ATR) · Resistance 1.12034 (0.7 ATR)the nearest level above is 0.7 ATR away and below 2.2 ATR — price is closer to the one above
BEARISH LEANING — D1 down, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 50.4; H1 RSI 53.3. Major support 1.11861 (2.2 ATR) · resistance 1.12034 (0.7 ATR). the nearest level above is 0.7 ATR away and below 2.2 ATR — price is closer to the one above Near-term: 30-min move significant (1.45 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 50.4; H1 RSI 53.3
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.11861 (2.2 ATR) · resistance 1.12034 (0.7 ATR)
GBP/USDBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 — H1 ▲ M15 ▼ M5 ▼RSI 56 · EMA20 > EMA50 · last 30m: 1.0 ATRSupport 1.32466 (1.6 ATR) · Resistance 1.32626 (0.4 ATR)the nearest level above is 0.4 ATR away and below 1.6 ATR — price is closer to the one above
BULLISH LEANING — D1 mixed, H4 mixed, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 59.3; H1 RSI 55.9. Major support 1.32466 (1.6 ATR) · resistance 1.32626 (0.4 ATR). the nearest level above is 0.4 ATR away and below 1.6 ATR — price is closer to the one above Near-term: 30-min move active (0.96 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 59.3; H1 RSI 55.9
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32466 (1.6 ATR) · resistance 1.32626 (0.4 ATR)
USD/JPYNEUTRAL
D1/H4/H1 · session backdrop
D1 ▲ H4 ▼ H1 — M15 ▲ M5 ▼RSI 51 · EMA20 < EMA50 · last 30m: 1.0 ATRSupport 158.10300 (1.8 ATR) · Resistance 158.43418 (0.9 ATR)the nearest level above is 0.9 ATR away and below 1.8 ATR — price is closer to the one above
NEUTRAL — D1 up, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 51.8; H1 RSI 51.2. Major support 158.10300 (1.8 ATR) · resistance 158.43418 (0.9 ATR). the nearest level above is 0.9 ATR away and below 1.8 ATR — price is closer to the one above Near-term: 30-min move significant (1.04 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 mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 51.8; H1 RSI 51.2
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 158.10300 (1.8 ATR) · resistance 158.43418 (0.9 ATR)
GoldBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 ▼ H1 — M15 ▼ M5 ▼RSI 40 · EMA20 < EMA50 · last 30m: 0.6 ATRSupport 4,140.09 (0.8 ATR) · Resistance 4,150.76 (0.1 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 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 44.0; H1 RSI 39.7. Major support 4140.09 (0.8 ATR) · resistance 4150.76 (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 active (0.61 ATR), structure mixed.
D1 trend (long) — D1 structure says mixed; 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 44.0; H1 RSI 39.7
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 4140.09 (0.8 ATR) · resistance 4150.76 (0.1 ATR)
OilBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 ▲ M15 ▼ M5 ▼RSI 51 · EMA20 > EMA50 · last 30m: 1.3 ATRSupport 94.20 (0.3 ATR) · Resistance 94.80 (1.0 ATR)the nearest level above is 1.0 ATR away and below 0.3 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 57.4; H1 RSI 51.1. Major support 94.20 (0.3 ATR) · resistance 94.80 (1.0 ATR). the nearest level above is 1.0 ATR away and below 0.3 ATR — price is closer to the one below Near-term: 30-min move significant (1.3 ATR), structure intact.
D1 trend (long) — D1 structure says mixed; EMA neutral or disagreeing
H4 trend (long) — H4 structure says up; EMA aligned with it
H1 trend (long) — H1 structure says up; EMA aligned with it
Momentum (H4/H1) — H4 RSI 57.4; H1 RSI 51.1
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 94.20 (0.3 ATR) · resistance 94.80 (1.0 ATR)
BitcoinNEUTRAL
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 ▲ M15 ▼ M5 ▼RSI 55 · EMA20 > EMA50 · last 30m: 0.6 ATRSupport 83,103.4 (1.3 ATR) · Resistance 83,523.6 (0.0 ATR)price is sitting right at the nearest level above, with 1.3 ATR to the nearest level below
NEUTRAL — D1 down, H4 mixed, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 53.0; H1 RSI 54.5. Major support 83103.4 (1.3 ATR) · resistance 83523.6 (0.0 ATR). price is sitting right at the nearest level above, with 1.3 ATR to the nearest level below Near-term: 30-min move active (0.6 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 53.0; H1 RSI 54.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 83103.4 (1.3 ATR) · resistance 83523.6 (0.0 ATR)
EthereumBEARISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 ▲ M15 ▼ M5 ▲RSI 51 · EMA20 < EMA50 · last 30m: 0.7 ATRSupport 2,493.8 (1.1 ATR) · Resistance 2,512.6 (0.5 ATR)the nearest level above is 0.5 ATR away and below 1.1 ATR — price is closer to the one above
BEARISH CLEAR — D1 down, H4 down, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 48.0; H1 RSI 51.4. Major support 2493.8 (1.1 ATR) · resistance 2512.6 (0.5 ATR). the nearest level above is 0.5 ATR away and below 1.1 ATR — price is closer to the one above 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 down; EMA aligned with it
H1 trend (long) — H1 structure says up; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 48.0; H1 RSI 51.4
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 2493.8 (1.1 ATR) · resistance 2512.6 (0.5 ATR)
SESSION PREP · LONDON
What to watch in the London session
The London session (Europe open · the liquidity hour) · updated 2026-10-14 08:02 UTC.
Good morning, London. The chip-led selloff rolls on — South Korea's Kospi sank more than 7% on semiconductor worries, world stocks dipped as bonds stayed bid, and crypto regulation keeps rewriting itself, from Thailand's Bitcoin and Ethereum ETF approval to Korea's exchange ban. Singapore's central bank unexpectedly held policy steady, so Asia has plenty to chew on before Europe wakes up.
This window is light on tier-one data but carries a couple of speakers worth noting: ECB President Lagarde and the EU Economic Summit both sit at medium tier, while FOMC's Bowman, China's M2 and new loans, and a German 30-year auction round out the low-tier slate. Nothing here is a headline number — more a chance for tone to do the work.
On the gauge: EUR/USD is bearish leaning with D1 and H4 down and H1 mixed, price closer to the level above. Sterling leans bullish with H1 up while D1 and H4 sit mixed, also nearer the level above. USD/JPY reads neutral, D1 up against H4 down. Gold leans bearish with H4 and H1 soft, pinned between two close levels. Oil leans bullish with H4 and H1 up, closer to the level below. Bitcoin reads neutral, sitting right at its nearest level above. Ethereum is bearish clear across D1 and H4. Watch whether Lagarde's remarks give the euro any reason to test those nearby levels.