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 23 · EMA20 < EMA50 · last 30m: 0.8 ATRSupport — · Resistance 1.11991 (2.0 ATR)the nearest level below is far away — price is stretched
BEARISH CLEAR — D1 down, H4 up, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 33.4; H1 RSI 23.1. Major support — · resistance 1.11991 (2.0 ATR). the nearest level below is far away — price is stretched Near-term: 30-min move active (0.75 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 33.4; H1 RSI 23.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support none below · resistance 1.11991 (2.0 ATR)
GBP/USDBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▼ H4 ▲ H1 — M15 ▼ M5 ▼RSI 24 · EMA20 < EMA50 · last 30m: 0.9 ATRSupport 1.31913 (0.5 ATR) · Resistance 1.32247 (2.3 ATR)the nearest level above is 2.3 ATR away and below 0.5 ATR — price is closer to the one below
BEARISH LEANING — D1 down, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 42.1; H1 RSI 23.8. Major support 1.31913 (0.5 ATR) · resistance 1.32247 (2.3 ATR). the nearest level above is 2.3 ATR away and below 0.5 ATR — price is closer to the one below Near-term: 30-min move active (0.86 ATR), structure mixed.
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 mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 42.1; H1 RSI 23.8
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.31913 (0.5 ATR) · resistance 1.32247 (2.3 ATR)
USD/JPYBULLISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 — M15 ▼ M5 ▼RSI 51 · EMA20 > EMA50 · last 30m: 0.6 ATRSupport 158.20280 (0.1 ATR) · Resistance 158.45210 (1.3 ATR)price is sitting right at the nearest level below, with 1.3 ATR to the nearest level above
BULLISH LEANING — D1 mixed, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 54.9; H1 RSI 50.7. Major support 158.20280 (0.1 ATR) · resistance 158.45210 (1.3 ATR). price is sitting right at the nearest level below, with 1.3 ATR to the nearest level above Near-term: 30-min move active (0.56 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 mixed; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 54.9; H1 RSI 50.7
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 158.20280 (0.1 ATR) · resistance 158.45210 (1.3 ATR)
GoldBEARISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 — M15 ▼ M5 ▲RSI 23 · EMA20 < EMA50 · last 30m: 4.0 ATRSupport — · Resistance 4,145.13 (5.5 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 39.0; H1 RSI 22.8. Major support — · resistance 4145.13 (5.5 ATR). no level above where price turned before, and the nearest one below is far away — price is stretched Near-term: 30-min move outlier (3.96 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 39.0; H1 RSI 22.8
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support none below · resistance 4145.13 (5.5 ATR)
OilBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 — H4 — H1 ▼ M15 ▼ M5 ▼RSI 56 · EMA20 < EMA50 · last 30m: 1.6 ATRSupport 90.95 (1.1 ATR) · Resistance 91.51 (0.0 ATR)price is sitting right at the nearest level above, with 1.1 ATR to the nearest level below
BEARISH LEANING — D1 mixed, H4 mixed, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 48.9; H1 RSI 56.1. Major support 90.95 (1.1 ATR) · resistance 91.51 (0.0 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 (1.58 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 48.9; H1 RSI 56.1
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 90.95 (1.1 ATR) · resistance 91.51 (0.0 ATR)
BitcoinBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▼ H4 — H1 ▼ M15 ▼ M5 ▼RSI 25 · EMA20 < EMA50 · last 30m: 0.8 ATRSupport 82,940.7 (1.3 ATR) · Resistance 83,491.9 (0.2 ATR)the nearest level above is 0.2 ATR away and below 1.3 ATR — price is closer to the one above
BEARISH LEANING — D1 down, H4 mixed, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 35.7; H1 RSI 25.2. Major support 82940.7 (1.3 ATR) · resistance 83491.9 (0.2 ATR). the nearest level above is 0.2 ATR away and below 1.3 ATR — price is closer to the one above Near-term: 30-min move active (0.77 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 35.7; H1 RSI 25.2
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 82940.7 (1.3 ATR) · resistance 83491.9 (0.2 ATR)
EthereumNEUTRAL
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 ▼ M15 ▼ M5 ▼RSI 15 · EMA20 < EMA50 · last 30m: 0.8 ATRSupport 2,506.5 (3.3 ATR) · Resistance 2,688.7 (7.3 ATR)the nearest level above is 7.3 ATR away and below 3.3 ATR — price is closer to the one below
NEUTRAL — D1 up, H4 up, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 26.0; H1 RSI 15.4. Major support 2506.5 (3.3 ATR) · resistance 2688.7 (7.3 ATR). the nearest level above is 7.3 ATR away and below 3.3 ATR — price is closer to the one below Near-term: 30-min move active (0.8 ATR), structure intact.
D1 trend (long) — D1 structure says up; 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 26.0; H1 RSI 15.4
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 2506.5 (3.3 ATR) · resistance 2688.7 (7.3 ATR)
SESSION PREP · US
What to watch in the US session
The US session (New York open · the afternoon drive) · updated 2026-10-07 12:52 UTC.
Good morning, US. The headline reel is still a regulatory sandwich — the CFTC advancing a federal crypto framework, the SEC taking comment on crypto assets, and Hong Kong moving to license brokers, custodians and advisers — while China's central bank bought gold for a 23rd straight month and Asia shares came in weaker.
That's a lot of scheduled noise for one afternoon: Crude Oil Inventories, President Trump speaking, a 10-year bond auction, Consumer Credit, and the main course — FOMC Meeting Minutes.
On the gauge, this is the first live read in a while, and it tilts cautious. EUR/USD is BEARISH CLEAR, GBP/USD BEARISH LEANING, gold BEARISH CLEAR and stretched after an outlier 30-minute move, oil BEARISH LEANING and sitting right at its nearest level above, bitcoin BEARISH LEANING, ethereum NEUTRAL. USD/JPY is the odd one out — BULLISH LEANING, perched on its nearest level below. Watch how the minutes land against that backdrop, and whether the auction draws a crowd. Patience over fireworks, again.
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