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London Session's Technical Barometer
BearBull
EUR/USDBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 ▲ H4 — H1 — M15 ▼ M5 ▼RSI 44 · EMA20 > EMA50 · last 30m: 1.1 ATRSupport 1.15806 (15.7 ATR) · was resistance · Resistance none aboveno tested ceiling above, and the floor is far below — price is stretched
BearBull
GBP/USDBULLISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 ▲ M15 ▼ M5 ▲RSI 53 · EMA20 > EMA50 · last 30m: 0.9 ATRSupport 1.36329 (1.9 ATR) · was resistance · Resistance 1.36563 (0.9 ATR)similar room above (0.9 ATR) and below (1.9 ATR) — the chart is evenly balanced
BearBull
USD/JPYNEUTRAL
D1/H4/H1 · session backdrop
D1 — H4 — H1 — M15 ▲ M5 ▲RSI 60 · EMA20 > EMA50 · last 30m: 1.3 ATRSupport 159.02309 (0.6 ATR) · was resistance · Resistance 159.18656 (0.7 ATR) · was supportprice is squeezed between two close levels — a breakout is on the table, direction unknown
BearBull
GoldBULLISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 ▲ M15 ▲ M5 ▲RSI 70 · EMA20 > EMA50 · last 30m: 0.5 ATRSupport 4,631.42 (0.8 ATR) · was resistance · Resistance none aboveno tested ceiling above — open ground overhead
BearBull
OilNEUTRAL
D1/H4/H1 · session backdrop
D1 ▲ H4 — H1 ▼ M15 ▼ M5 ▼RSI 34 · EMA20 < EMA50 · last 30m: 0.7 ATRSupport 84.37 (0.9 ATR) · was resistance · Resistance 84.86 (0.3 ATR)price is squeezed between two close levels — a breakout is on the table, direction unknown
BearBull
BitcoinBULLISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▲ H4 — H1 — M15 ▲ M5 ▲RSI 54 · EMA20 > EMA50 · last 30m: 0.7 ATRSupport 76,549.3 (1.8 ATR) · Resistance 77,543.8 (0.2 ATR) · was supportsimilar room above (0.2 ATR) and below (1.8 ATR) — the chart is evenly balanced
BearBull
EthereumBULLISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▲ H4 — H1 ▲ M15 ▲ M5 ▲RSI 56 · EMA20 > EMA50 · last 30m: 0.8 ATRSupport 2,441.8 (0.6 ATR) · was resistance · Resistance none aboveno tested ceiling above — open ground overhead
SESSION PREP · LONDON

What to watch in the London session

The London session (Europe open · the liquidity hour) · updated 2026-08-24 08:01 UTC.

London Session Prep

The tape still opens on Washington’s crypto-regulation push — a breakthrough is called near, and the SEC has proposed its first major crypto rule — while Gulf bourses hold firmer as oil’s Iran-sanction bid lingers. That story continues, not reverses.

The window’s calendar is bare: nothing scheduled between 08:00 and 12:00 UTC, so price action owns the morning. The barometer leans bullish but is catching its breath. Bitcoin (77,426.5) is camped under resistance at 77,543.8, with 76,549.3 as the support to defend; Ethereum is holding 2,441.8 with open ground overhead. Gold is in a clean uptrend at 4,646.52, though RSI at 70 and a quiet divergence argue for a stall, not a turn.

The boxes decide direction. Oil (84.74) is squeezed between 84.37 and 84.86 with H1 momentum soft — breakout, not drift. GBP/USD (1.36486) sits evenly between 1.36329 and 1.36563, with a mild RSI divergence as the caution flag. An empty calendar, but the charts are chatty.

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