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 48 · EMA20 < EMA50 · last 30m: 0.4 ATRSupport — · Resistance 1.13360 (4.9 ATR)no level above where price turned before, and the nearest one below is far away — price is stretched
BEARISH CLEAR — D1 down, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 35.5; H1 RSI 48.5. Major support — · resistance 1.13360 (4.9 ATR). no level above where price turned before, and the nearest one below is far away — price is stretched Near-term: 30-min move normal (0.36 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 35.5; H1 RSI 48.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support none below · resistance 1.13360 (4.9 ATR)
GBP/USDBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 — M15 ▲ M5 ▲RSI 59 · EMA20 > EMA50 · last 30m: 0.4 ATRSupport 1.32257 (1.2 ATR) · Resistance 1.32512 (0.4 ATR)the nearest level above is 0.4 ATR away and below 1.2 ATR — price is closer to the one above
BEARISH LEANING — D1 down, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 52.5; H1 RSI 59.4. Major support 1.32257 (1.2 ATR) · resistance 1.32512 (0.4 ATR). the nearest level above is 0.4 ATR away and below 1.2 ATR — price is closer to the one above Near-term: 30-min move normal (0.37 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 52.5; H1 RSI 59.4
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32257 (1.2 ATR) · resistance 1.32512 (0.4 ATR)
USD/JPYBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 — H1 — M15 ▼ M5 ▼RSI 48 · EMA20 > EMA50 · last 30m: 0.5 ATRSupport 157.56933 (0.6 ATR) · Resistance 157.83300 (0.5 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
BULLISH LEANING — D1 mixed, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 50.9; H1 RSI 47.8. Major support 157.56933 (0.6 ATR) · resistance 157.83300 (0.5 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 (0.5 ATR), structure mixed.
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 50.9; H1 RSI 47.8
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 157.56933 (0.6 ATR) · resistance 157.83300 (0.5 ATR)
GoldBEARISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 ▼ M15 ▼ M5 ▲RSI 44 · EMA20 < EMA50 · last 30m: 0.3 ATRSupport 4,143.10 (0.1 ATR) · Resistance 4,191.24 (2.2 ATR)price is sitting right at the nearest level below, with 2.2 ATR to the nearest level above
BEARISH CLEAR — D1 down, H4 mixed, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 41.6; H1 RSI 43.5. Major support 4143.10 (0.1 ATR) · resistance 4191.24 (2.2 ATR). price is sitting right at the nearest level below, with 2.2 ATR to the nearest level above Near-term: 30-min move normal (0.31 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 41.6; H1 RSI 43.5
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 4143.10 (0.1 ATR) · resistance 4191.24 (2.2 ATR)
OilBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 — H1 — M15 ▼ M5 ▼RSI 48 · EMA20 > EMA50 · last 30m: 0.2 ATRSupport 92.48 (0.4 ATR) · Resistance 93.21 (0.4 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
BULLISH LEANING — D1 mixed, H4 mixed, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 52.1; H1 RSI 48.1. Major support 92.48 (0.4 ATR) · resistance 93.21 (0.4 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 (0.25 ATR), structure mixed.
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 52.1; H1 RSI 48.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 92.48 (0.4 ATR) · resistance 93.21 (0.4 ATR)
BitcoinNEUTRAL
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 ▲ M15 ▲ M5 ▲RSI 85 · EMA20 > EMA50 · last 30m: 0.9 ATRSupport 84,511.3 (7.4 ATR) · Resistance 86,647.1 (0.7 ATR)price is 0.7 ATR under the nearest level above and 7.4 ATR over the nearest level below — near the top of its recent range
NEUTRAL — D1 down, H4 mixed, H1 up (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 68.9; H1 RSI 85.4. Major support 84511.3 (7.4 ATR) · resistance 86647.1 (0.7 ATR). price is 0.7 ATR under the nearest level above and 7.4 ATR over the nearest level below — near the top of its recent range Near-term: 30-min move active (0.94 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 68.9; H1 RSI 85.4
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 84511.3 (7.4 ATR) · resistance 86647.1 (0.7 ATR)
EthereumBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 ▲ H4 ▼ H1 — M15 ▲ M5 ▲RSI 78 · EMA20 > EMA50 · last 30m: 1.1 ATRSupport 2,694.4 (4.1 ATR) · Resistance 2,734.4 (0.7 ATR)price is 0.7 ATR under the nearest level above and 4.1 ATR over the nearest level below — near the top of its recent range
BULLISH LEANING — D1 up, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 62.2; H1 RSI 78.4. Major support 2694.4 (4.1 ATR) · resistance 2734.4 (0.7 ATR). price is 0.7 ATR under the nearest level above and 4.1 ATR over the nearest level below — near the top of its recent range Near-term: 30-min move significant (1.15 ATR), structure mixed.
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 62.2; H1 RSI 78.4
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 2694.4 (4.1 ATR) · resistance 2734.4 (0.7 ATR)
SESSION PREP · ASIA
What to watch in the Asia session
The Asian session (Sydney · Australia · Tokyo · China · Singapore) · updated 2026-10-04 23:20 UTC.
Good evening. The US session's marquee labor prints are behind us, and the day's other thread stayed regulatory — stablecoin reserve rules, bank charter lawsuits, and fresh crypto framework proposals from Washington to Seoul.
Expect the wires, not the data, to do the heavy lifting.
On the board, the picture has shifted since the last prep. EUR/USD now reads bearish clear — D1 down with H4 and H1 mixed, H4 RSI 35.5, price stretched with no level above where it turned before and the nearest one below far away. Gold is also bearish clear, sitting right at its nearest level below with 2.2 ATR to the nearest level above. GBP/USD leans bearish, USD/JPY and oil lean bullish, both wedged between close levels. Crypto is the interesting pair: Bitcoin is neutral overall — D1 down but H1 up, H4 RSI 68.9 and H1 RSI 85.4, near the top of its range with an active 30-minute move and structure intact. Ethereum leans bullish, D1 up against a down H4, H1 RSI 78.4, near the top of its range with a significant 30-minute move and structure mixed. Watch whether those crypto reads hold their footing as the session unfolds.
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