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 ▲H4 RSI 53 · H1 RSI 59 · 30-min move active (0.56 ATR)Support 1.12076 (0.1 ATR) · Resistance 1.12243 (0.9 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 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 53.2; H1 RSI 59.0. Major support 1.12076 (0.1 ATR) · resistance 1.12243 (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 (0.56 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 53.2; H1 RSI 59.0
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.12076 (0.1 ATR) · resistance 1.12243 (0.9 ATR)
GBP/USDBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 — H1 ▼H4 RSI 52 · H1 RSI 57 · 30-min move active (0.82 ATR)Support 1.32264 (0.9 ATR) · Resistance 1.32519 (0.6 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 mixed, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 52.0; H1 RSI 57.0. Major support 1.32264 (0.9 ATR) · resistance 1.32519 (0.6 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 (0.82 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 down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 52.0; H1 RSI 57.0
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32264 (0.9 ATR) · resistance 1.32519 (0.6 ATR)
USD/JPYBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 —H4 RSI 44 · H1 RSI 42 · 30-min move active (0.79 ATR)Support 157.83440 (0.4 ATR) · Resistance 158.15478 (1.0 ATR)the nearest level above is 1.0 ATR away and below 0.4 ATR — price is closer to the one below
BULLISH LEANING — D1 up, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 43.8; H1 RSI 42.0. Major support 157.83440 (0.4 ATR) · resistance 158.15478 (1.0 ATR). the nearest level above is 1.0 ATR away and below 0.4 ATR — price is closer to the one below Near-term: 30-min move active (0.79 ATR), structure mixed.
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 43.8; H1 RSI 42.0
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 157.83440 (0.4 ATR) · resistance 158.15478 (1.0 ATR)
GoldBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 ▼ H1 —H4 RSI 49 · H1 RSI 56 · 30-min move normal (0.32 ATR)Support 4,127.30 (1.2 ATR) · Resistance 4,146.58 (0.1 ATR)price is sitting right at the nearest level above, with 1.2 ATR to the nearest level below
BEARISH LEANING — D1 mixed, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 48.6; H1 RSI 56.1. Major support 4127.30 (1.2 ATR) · resistance 4146.58 (0.1 ATR). price is sitting right at the nearest level above, with 1.2 ATR to the nearest level below Near-term: 30-min move normal (0.32 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 48.6; H1 RSI 56.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 4127.30 (1.2 ATR) · resistance 4146.58 (0.1 ATR)
OilBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 ▼H4 RSI 52 · H1 RSI 41 · 30-min move active (0.89 ATR)Support 92.25 (3.6 ATR) · Resistance 94.21 (0.4 ATR)price is 0.4 ATR under the nearest level above and 3.6 ATR over the nearest level below — near the top of its recent range
BULLISH LEANING — D1 mixed, H4 up, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 52.0; H1 RSI 41.2. Major support 92.25 (3.6 ATR) · resistance 94.21 (0.4 ATR). price is 0.4 ATR under the nearest level above and 3.6 ATR over the nearest level below — near the top of its recent range Near-term: 30-min move active (0.89 ATR), structure mixed.
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 down; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 52.0; H1 RSI 41.2
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 92.25 (3.6 ATR) · resistance 94.21 (0.4 ATR)
BitcoinBEARISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 ▼H4 RSI 40 · H1 RSI 45 · 30-min move active (0.74 ATR)Support 81,428.5 (0.1 ATR) · Resistance 83,609.8 (3.6 ATR)price is 0.1 ATR over the nearest level below and 3.6 ATR under the nearest level above — near the bottom of its recent range
BEARISH CLEAR — D1 down, H4 mixed, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 39.7; H1 RSI 45.1. Major support 81428.5 (0.1 ATR) · resistance 83609.8 (3.6 ATR). price is 0.1 ATR over the nearest level below and 3.6 ATR under the nearest level above — near the bottom of its recent range Near-term: 30-min move active (0.74 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 down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 39.7; H1 RSI 45.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 81428.5 (0.1 ATR) · resistance 83609.8 (3.6 ATR)
EthereumBEARISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 ▼ H1 ▼H4 RSI 32 · H1 RSI 37 · 30-min move normal (0.48 ATR)Support 2,372.1 (0.1 ATR) · Resistance 2,404.4 (1.1 ATR)price is sitting right at the nearest level below, with 1.1 ATR to the nearest level above
BEARISH CLEAR — D1 down, H4 down, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 31.5; H1 RSI 37.1. Major support 2372.1 (0.1 ATR) · resistance 2404.4 (1.1 ATR). price is sitting right at the nearest level below, with 1.1 ATR to the nearest level above 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 down; EMA aligned with it
H1 trend (long) — H1 structure says down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 31.5; H1 RSI 37.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 2372.1 (0.1 ATR) · resistance 2404.4 (1.1 ATR)
SESSION PREP · LONDON
What to watch in the London session
The London session (Europe open · the liquidity hour) · updated 2026-10-15 08:02 UTC.
Good morning. Gold is grabbing record-high expectations on central-bank buying, while the AI trade keeps splintering — CoreWeave's bonds tumbling and inflation nerves rattling hyped-up tech — and France's 31.4% stablecoin tax proposal continues its tour of the headlines.
London's own calendar is modest: MPC's Breeden and the Bank of Canada's Rogers both speak, euro-area industrial production lands, and the EU Economic Summit runs through the morning. Nothing high-tier, so the wires may do more work than the data.
On the gauge, EUR/USD has flipped to NEUTRAL — D1 down, H4 mixed, H1 up — and sits between two close levels, so a break either way is live. GBP/USD is BEARISH LEANING with H1 down and D1/H4 mixed, also wedged between close levels. USD/JPY leans BULLISH, closer to the level beneath. Gold is BEARISH LEANING, sitting right at the level above, while Oil leans BULLISH near the top of its range. Bitcoin and Ethereum are both BEARISH CLEAR, each pressed against the level below. Watch whether Breeden's remarks or the summit headlines loosen those zones.