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 26 · EMA20 < EMA50 · last 30m: 0.2 ATRSupport — · Resistance 1.12023 (5.6 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 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 33.0; H1 RSI 26.3. Major support — · resistance 1.12023 (5.6 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 (0.23 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 down; EMA aligned with it
Momentum (H4/H1) — H4 RSI 33.0; H1 RSI 26.3
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support none below · resistance 1.12023 (5.6 ATR)
GBP/USDNEUTRAL
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 — M15 ▼ M5 ▼RSI 35 · EMA20 < EMA50 · last 30m: 0.2 ATRSupport 1.32033 (0.3 ATR) · Resistance 1.32231 (1.9 ATR)the nearest level above is 1.9 ATR away and below 0.3 ATR — price is closer to the one below
NEUTRAL — D1 mixed, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 40.9; H1 RSI 34.9. Major support 1.32033 (0.3 ATR) · resistance 1.32231 (1.9 ATR). the nearest level above is 1.9 ATR away and below 0.3 ATR — price is closer to the one below Near-term: 30-min move normal (0.18 ATR), structure mixed.
D1 trend (long) — D1 structure says mixed; 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 40.9; H1 RSI 34.9
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 1.32033 (0.3 ATR) · resistance 1.32231 (1.9 ATR)
USD/JPYBULLISH · CLEAR
D1/H4/H1 · session backdrop
D1 ▲ H4 ▲ H1 — M15 ▼ M5 ▼RSI 61 · EMA20 > EMA50 · last 30m: 0.3 ATRSupport 158.26689 (4.6 ATR) · Resistance 158.74400 (1.6 ATR)the nearest level above is 1.6 ATR away and below 4.6 ATR — price is closer to the one above
BULLISH CLEAR — D1 up, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 62.9; H1 RSI 61.3. Major support 158.26689 (4.6 ATR) · resistance 158.74400 (1.6 ATR). the nearest level above is 1.6 ATR away and below 4.6 ATR — price is closer to the one above Near-term: 30-min move normal (0.3 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 62.9; H1 RSI 61.3
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 158.26689 (4.6 ATR) · resistance 158.74400 (1.6 ATR)
GoldBEARISH · LEANING
D1/H4/H1 · session backdrop
read at 20:57 UTC · trading resumes 22:00 UTC
D1 ▼ H4 ▲ H1 ▼ M15 ▲ M5 ▲RSI 47 · EMA20 > EMA50 · last 30m: 0.2 ATRSupport 4,167.64 (0.4 ATR) · Resistance 4,185.46 (1.5 ATR)the nearest level above is 1.5 ATR away and below 0.4 ATR — price is closer to the one below
BEARISH LEANING — D1 down, H4 up, H1 down (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 51.4; H1 RSI 46.6. Major support 4167.64 (0.4 ATR) · resistance 4185.46 (1.5 ATR). the nearest level above is 1.5 ATR away and below 0.4 ATR — price is closer to the one below Near-term: 30-min move normal (0.22 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 down; EMA neutral or disagreeing
Momentum (H4/H1) — H4 RSI 51.4; H1 RSI 46.6
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 4167.64 (0.4 ATR) · resistance 4185.46 (1.5 ATR)
OilNEUTRAL
D1/H4/H1 · session backdrop
read at 20:57 UTC · trading resumes 22:00 UTC
D1 — H4 ▼ H1 — M15 ▼ M5 ▼RSI 58 · EMA20 > EMA50 · last 30m: 0.2 ATRSupport 93.15 (0.8 ATR) · Resistance 94.32 (1.0 ATR)about the same room to the levels above (1.0 ATR) and below (0.8 ATR)
NEUTRAL — D1 mixed, H4 down, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 58.2; H1 RSI 58.1. Major support 93.15 (0.8 ATR) · resistance 94.32 (1.0 ATR). about the same room to the levels above (1.0 ATR) and below (0.8 ATR) Near-term: 30-min move normal (0.23 ATR), structure mixed.
D1 trend (long) — D1 structure says mixed; 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 58.2; H1 RSI 58.1
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 93.15 (0.8 ATR) · resistance 94.32 (1.0 ATR)
BitcoinBEARISH · LEANING
D1/H4/H1 · session backdrop
D1 ▼ H4 ▲ H1 — M15 ▲ M5 ▲RSI 48 · EMA20 < EMA50 · last 30m: 0.3 ATRSupport 82,752.0 (0.6 ATR) · Resistance 83,110.6 (0.3 ATR)price sits between two close levels (both within 1 ATR) — a move out of this zone could go either way
BEARISH LEANING — D1 down, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 44.8; H1 RSI 48.4. Major support 82752.0 (0.6 ATR) · resistance 83110.6 (0.3 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 (0.27 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 44.8; H1 RSI 48.4
Divergence (long) — no divergence against the long-term trend
Major levels (H4/D1) — nearest tested: support 82752.0 (0.6 ATR) · resistance 83110.6 (0.3 ATR)
EthereumNEUTRAL
D1/H4/H1 · session backdrop
D1 — H4 ▲ H1 — M15 ▼ M5 ▲RSI 44 · EMA20 > EMA50 · last 30m: 0.4 ATRSupport 2,512.7 (0.1 ATR) · Resistance 2,531.1 (1.0 ATR)price is sitting right at the nearest level below, with 1.0 ATR to the nearest level above
NEUTRAL — D1 mixed, H4 up, H1 mixed (longer-term read: D1/H4/H1 · session backdrop). H4 RSI 45.2; H1 RSI 43.8. Major support 2512.7 (0.1 ATR) · resistance 2531.1 (1.0 ATR). price is sitting right at the nearest level below, with 1.0 ATR to the nearest level above Near-term: 30-min move normal (0.41 ATR), structure mixed.
D1 trend (long) — D1 structure says mixed; 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 45.2; H1 RSI 43.8
Divergence (long) — price and RSI diverged against the long-term trend — a caution
Major levels (H4/D1) — nearest tested: support 2512.7 (0.1 ATR) · resistance 2531.1 (1.0 ATR)
SESSION PREP · ASIA
What to watch in the Asia session
The Asian session (Sydney · Australia · Tokyo · China · Singapore) · updated 2026-10-12 21:02 UTC.
Good evening. The day just gone was a tangle of oil headlines pulling in both directions — a spike, then a softer patch — with bank earnings and a mixed Asia close rounding things out.
The gauge has shifted again since the last prep. EUR/USD now reads BEARISH CLEAR — D1 and H1 both down against a mixed H4, RSI readings of 33.0 on H4 and 26.3 on H1, and price stretched with the nearest level below far away. GBP/USD has moved to NEUTRAL — D1 and H1 mixed, H4 up — sitting close to the level below. USD/JPY stays BULLISH CLEAR across D1 and H4 with H1 the odd one out, closer to the level above. Gold is BEARISH LEANING, D1 and H1 down against an up H4, nearer support; Oil and Ethereum are NEUTRAL, Ethereum right at the level below; Bitcoin is BEARISH LEANING, boxed between two close levels.
The calendar is quiet — low-tier releases only: BRC Retail Sales, Japanese bank lending and PPI, RBA minutes, NAB business confidence, plus MPC Member Greene, German final CPI and FOMC Member Waller on the wires. Watch whether EUR/USD's stretched read invites any pullback chatter, and whether Bitcoin's tight zone gives way.
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