Morning market review - Friday, April 3, 2026

On the daily chart, Bitcoin shows a clear downward trend that has been ongoing for several months. The current price hovers around 66,734 USD, suggesting that the market is seeking stabilization. Significant support is located around 64,000 USD, while key resistance is at 70,000 USD. The increase in volume in recent days may suggest an attempt to bounce back, but there is a lack of a clear reversal signal.

On the 4-hour chart, Bitcoin is showing consolidation in the range of 66,500 - 68,000 USD. We are observing the formation of a potential triangle pattern, which may suggest an upcoming increase in volatility. Oscillators indicate a neutral zone, meaning there is no clear direction. A breakout from one of these levels could determine the further direction of movement.

The hourly chart shows a slight weakening of buyers over the last few hours. The price is moving within a narrow range, which may suggest a temporary wait for macroeconomic data. The nearest support is at 66,500 USD, and resistance is at 67,000 USD. A potential breakout from this range could signal a short-term change in direction.

The 15-minute chart indicates slight selling pressure; however, price movements remain limited. We are observing the formation of a slight divergence on the RSI, which may suggest a short-term rebound. Local support is at 66,700 USD, and resistance is around 67,000 USD.

The Put/Call ratio at 0.59 indicates a moderate bullish sentiment. The largest open call positions are at the levels of $40 and $41, suggesting a potential upward target. The $38 strike is a key support level for put options. The Max Pain at $38 suggests possible price oscillation around this level until the options expire. The call volume exceeds the put volume, which supports the moderate bullish sentiment.

Current analysis indicates a moderate bullish bias, with key resistance levels at $68,000 and support at $66,500. The market seems to be waiting for macroeconomic data. Options suggest a potential rise to levels of $40 - $41. Overall sentiment remains cautious, given the 'Extreme Fear' indicator. An increase in volume may indicate approaching greater volatility.

On the daily chart of Ethereum, we observe consolidation in the range from 1900 to 2100 USD. The overall trend remains neutral, although in March there were attempts to bounce off the lower boundary of the channel. Technical indicators, such as RSI, indicate a lack of clear direction in movement, suggesting a possible continuation of consolidation. Key support is located around 2000 USD, and resistance at 2200 USD may be difficult to break without a significant catalyst.

The 4-hour chart shows the formation of a short-term bullish pattern, with local peaks near 2070 USD. The price is above the moving average, which may suggest further upward attempts. However, the volume remains low, which may limit the potential for upward movement. Support is at 2000 USD, and resistance is at 2100 USD.

On the hourly chart of Ethereum, a slight rebound from the level of 2040 USD can be seen, but there is a lack of a strong upward impulse. We are observing an increase in trading activity during attempts to break the level of 2070 USD, which may suggest resistance in this area. The momentum is moderate, and support at the level of 2050 USD remains crucial for the short-term trend.

The 15-minute chart shows consolidation in a narrow range from 2060 to 2070 USD. The price is moving around the moving average, indicating a lack of clear direction. Short-term resistance is at 2075 USD, and support is at 2060 USD. We are observing low volume, which may suggest a lack of interest in larger transactions in this interval.

Options data for ETHA indicates a moderately bullish sentiment with a put/call ratio of 0.73. The largest open interest for call options is at a strike of 18 USD, suggesting expectations for ETHUSD to rise by 12.9%. The Max Pain level at 18 USD may indicate the market's tendency to gravitate towards this level in the short term. Key support levels for put options start at 16 USD, suggesting hedges against declines below 2000 USD.

Ethereum is in a consolidation phase with moderately bullish options sentiment. Key support is at 2000 USD, and resistance at 2200 USD. In the short term, resistance at 2075 USD may be tested, but the lack of volume suggests a potential continuation of consolidation. Macroeconomic events may affect volatility, especially with announcements regarding the US economy.

On the daily chart of XAUUSD, a continuation of the upward trend is visible, although current quotes are below the recent peaks. The price bounced off the support level at 4500, which may suggest a potential move towards the resistance at 4800. The current momentum remains positive, however, investors should be vigilant for possible corrections, especially at key levels 4700 and 4900.

On the 4-hour chart, gold is moving in an upward trend, bouncing off local support at 4600. The current upward movement may encounter resistance around 4700, and breaking through this level will open the way for further gains. Technical indicators suggest bullish momentum, but the proximity of resistances may cause a temporary slowdown.

The hourly chart suggests consolidation in the range of 4650-4700. The upward momentum may encounter resistance around 4700, and a breakout could lead to further gains. On the other hand, a break below the support at 4650 could bring the price down to around 4600. Investors should monitor price reactions at these levels.

The 15-minute chart shows short-term consolidation with a slight upward slope. The current price is oscillating around 4675, with resistance at 4700 and support at 4650. The short-term upward trend may continue if the price breaks through the resistance at 4700, but investors should monitor for potential false breakouts.

Current GLD options data shows a very bullish sentiment with a Put/Call ratio at 0.00. The dominance of call options, particularly at the levels of $440 and $443, suggests expectations for further increases. Open Interest indicates significant interest in these strikes, which may translate into upward pressure on gold. The options sentiment supports the bullish outlook, despite the overall market fear.

Analysis indicates a bullish sentiment for gold with key resistance levels at 4700 and 4800. Support levels are at 4650 and 4500. Option sentiment and macroeconomic data may support further increases, however, investors should be vigilant for possible corrections due to the high level of fear in the market. Key macro events may impact volatility in the short term.

On the daily chart of XAGUSD, a correction is visible after a significant previous increase. The price is heading towards support at the level of 70 USD, which may represent a significant turning point. Currently, the price is below 73 USD, which may indicate further declines if a rebound does not occur. Technical indicators suggest possible consolidation in the coming days, with resistance at the level of 76 USD.

On the 4-hour chart, silver shows an attempt to bounce off the local support at 72 USD. The short-term trend remains negative, with resistance at 75 USD. Technical indicators suggest a possible weakening of selling pressure, but there is a lack of a clear signal, which may indicate further volatility.

The hourly chart shows the formation of a short-term base at the level of 72 USD. A short-term rebound is possible, however, the outlook remains ambiguous. The key resistance level is 74 USD, while support holds at 71 USD. Price movements may depend on upcoming macroeconomic data.

On the 15-minute chart, there is an attempt at stabilization after previous declines. The price is approaching resistance at the level of 73 USD, which may trigger short-term selling pressure. Local support is at the level of 72.50 USD, and its breach may lead to further declines.

Options data indicates a moderately bullish sentiment with a put/call ratio of 0.54. The highest interest in calls occurs at the 70 USD strike, suggesting expectations for price increases. A large number of open put positions at the 40 USD level indicates strong support. Max pain at the 40 USD level suggests that the market may aim for this level if no increase occurs.

The bias for XAGUSD is neutral with a slight indication of declines, considering the selling pressure and the current sentiment of extreme fear. Key levels are support at 70 USD and resistance at 76 USD. Macroeconomic data may influence the further direction of prices, and options indicate a possible rise at 70 USD. Upcoming macroeconomic events should be monitored.

On the daily chart of the S&P 500, a rebound is visible after the previous correction. The current price is around 6582, which may suggest an attempt to continue the upward trend. The key resistance level is 6700, which may pose a challenge. Support is around 6400, which was a recent low. Technical indicators suggest potential growth, but confirmation in the form of a clear breakout of resistance is needed.

On the 4-hour chart, an upward trend is visible after a local low at around 6300. The price is approaching the level of 6600, which may be a short-term resistance. If it is broken, it will open the way for testing higher levels. Short-term support can be observed at 6500. The current upward momentum suggests further increases, as long as there is no trend reversal.

On the hourly chart of the S&P 500, there is a consolidation between 6560 and 6620. The current structure suggests a bullish flag formation, which may indicate a continuation of the upward trend. Momentum indicators are positive, supporting further increases. In the event of a breakout above the level of 6620, a move towards 6700 is possible.

On the 15-minute chart, there is a local consolidation with a slight advantage for buyers. The current resistance level is 6590, while support is at 6550. The current price action suggests a short-term readiness for a breakout upwards. In the event of a breakout above resistance, a quick move to the next resistance levels is possible.

Options data indicates a very bullish sentiment with a zero Put/Call Ratio, suggesting a significant advantage for buyers. The highest interest in call options is at the level of $645, which aligns with the max pain level, as well as at the levels of $665 and $670, indicating expectations for further increases. Zero volume and open interest in put options highlight a lack of interest in hedging against declines.

S&P 500 shows short-term bullish momentum, supported by very bullish sentiment in the options market. Key levels to watch are 6600 and 6700 as resistances, and 6400 as support. Technical indicators and options data suggest a buyer's advantage. Macroeconomic events, such as today's labor market data, may influence the further direction of the index.

On the daily chart of WTI, we observe a strong upward trend that has accelerated in recent days. The price has broken above the 110 USD level, which is a significant bullish signal. Technical indicators support further increases, however, we are approaching the resistance zone around 115 USD, where profit-taking may occur. The current momentum suggests the possibility of further increases, but it is worth monitoring the price reaction at the mentioned resistance level.

The 4-hour chart shows consolidation after a dynamic breakout. The price remains above 110 USD, indicating a continuation of bullish sentiment. There is potential for further increases; however, caution is advised regarding possible pullbacks around 108 USD, which may serve as support. Increasing volume supports the current trend.

On the hourly chart, a temporary halt in the uptrend and consolidation in a narrow range is visible. The price oscillates around 112 USD, suggesting the possibility of a short-term breakout either upward or downward. Support at 111 USD is crucial, and its breach could lead to a deeper correction. With further increases, the level of 113 USD is the nearest target.

The 15-minute chart shows moderate volatility with a tendency for short-term consolidation. The price remains above 111.50 USD, which is a positive signal. In the case of a breakout above 112 USD, further acceleration of gains is possible. We observe support at the level of 111 USD, which should halt any potential declines.

Options data shows a very bullish sentiment with a low put/call ratio of 0.07. High interest in call options at the 140 USD strike suggests expectations of further increases. The key max pain level at 140 USD supports the thesis of potential gains. The volume and open interest in call options significantly exceed those in put options, indicating a dominance of buyers.

The current bias for WTI is bullish, supported by options data and technical factors. Key levels are support at 111 USD and resistance at 115 USD. With further increases, the 140 USD level from options could be a target. It is important to monitor the reaction to macroeconomic data that may affect short-term volatility.

On the daily chart of EUR/USD, there is a sustained downward pressure with a recent rebound from the support level around 1.1450. The pair is moving below the moving averages, suggesting a continuation of the downward trend. Key resistance is around 1.1650, and breaking this level could open the way for further gains. The indices of technical indicators remain neutral, but with a slight emphasis on selling.

On the 4-hour chart, EUR/USD is consolidating after recent declines, with clear support near 1.1500. Moving averages indicate a downward trend, but the price has attempted several times to breach the short-term resistance at 1.1550. We are observing a possible reversal formation, but there is a lack of a decisive buy signal.

The hourly chart shows consolidation in a narrow range between 1.1520 and 1.1550. Technical indicators are beginning to signal the possibility of a short-term rebound, but confirmation is needed in the form of a breakout above resistance at 1.1550. The sentiment remains negative, but with potential for a short rebound.

On the 15-minute chart of EUR/USD, there is an attempt to bounce from the local support at 1.1520. The price oscillates close to the moving averages, which may suggest consolidation before a larger move. Momentum indicators indicate possible short-term increases, but there is no clear buy signal.

Options data indicates a strong bearish sentiment with a high put/call ratio of 2.89. The greatest interest in open put positions is at the levels of $100 and $102, suggesting expectations of further declines in EUR/USD. The maximum pain level at $100 also supports this hypothesis, which may indicate further downward pressure in the short term.

EUR/USD is under bearish pressure with key support at 1.1500 and resistance at 1.1550. Market sentiment is negative, as confirmed by options data showing a high put/call ratio. In the event of a breakdown of support, we can expect further declines, while a breakout above resistance at 1.1550 could signal a short-term rebound.

On the daily chart of GBP/USD, we observe a bearish formation with a recent rebound from the support level around 1.3200. The price is below the moving averages, indicating a persistent bearish trend. Key support is at 1.3200, while resistance is at 1.3400. The RSI remains in the neutral zone, suggesting the possibility of further declines, but not excluding a bullish correction.

On the 4-hour chart of GBP/USD, consolidation is visible after the recent declines. Currently, the price is oscillating in a narrow range of 1.3200-1.3300. The moving averages are flat, suggesting a lack of clear direction. Key levels are support at 1.3200 and resistance at 1.3300. The MACD is beginning to signal a possible rebound, but there is a lack of clear confirmation.

The hourly chart of GBP/USD shows an attempt to break out of consolidation with a slight increase. The price is in the range of 1.3220-1.3260. RSI indicates slight overbought conditions, which may suggest a correction. Support is visible at 1.3220, and resistance at 1.3260. We are observing the formation of a short-term uptrend.

On the 15-minute chart of GBP/USD, there are slight increases towards the resistance level at 1.3250. The short-term support is at 1.3230. The volume remains moderate, and the RSI is close to the overbought level, which may suggest an upcoming correction. The overall sentiment on this timeframe is slightly bullish.

Options data for the FXB ETF shows a clear advantage for put positions with a put/call ratio of 3.54, suggesting strong bearish sentiment. The maximum pain point is at $130, which may limit upward movements. Larger open put positions at $126 and $127 may act as support. Overall, the options sentiment is clearly negative.

GBP/USD is showing signs of consolidation after recent declines, with key support at 1.3200 and resistance at 1.3300. The options sentiment is strongly bearish, indicating the possibility of further declines. Macroeconomic data from the USA may impact volatility. The bias remains bearish, with the potential for a short-term upward correction towards 1.3300.

On the daily chart of AUD/USD, a correction is visible after the previous increase, with the price oscillating around the level of 0.6900. Currently, the pair is testing support at the level of 0.6850, which could be a turning point. Technical indicators suggest a possible further decline if this level is broken. On the other hand, resistance is visible at 0.7000, which could limit any potential rebound.

On the 4-hour chart, AUD/USD is moving in consolidation between 0.6880 and 0.6920. Attempts to break out of this range may indicate the further direction of movement. The RSI and MACD indicators are neutral, suggesting a lack of clear dominance from either side of the market. It will be crucial to observe the reaction to support and resistance levels within this range.

The hourly chart of AUD/USD shows a slight rebound from the level of 0.6880, but the upward momentum is limited. Technical indicators do not show a clear trend, suggesting the possibility of continued consolidation. Support at 0.6880 remains key, while resistance at 0.6920 may limit gains in the short term.

On the 15-minute chart of AUD/USD, short-term struggles are visible around 0.6900. The current bounce from this level is limited, and the narrow range of fluctuations suggests a lack of decisiveness among investors. Further observations of the levels 0.6890 and 0.6910 will be crucial for understanding potential short-term movements.

Options data for FXA indicates a neutral sentiment with slightly higher interest in PUT options compared to CALL. The largest open PUT positions are at levels corresponding to +1.5% from ATM, suggesting that investors are concerned about further declines. The Max Pain level at $69 suggests that the market may aim for this level before the options expire, which could translate into upward pressure on AUD/USD.

AUD/USD is in consolidation, with key support levels at 0.6880 and resistance at 0.6920. Options data indicates potential upward pressure towards the $69 FXA level. Neutral sentiment and macro events may influence short-term volatility. Observing price reactions at support and resistance levels will be crucial for understanding the further direction of movement.

On the daily chart of USD/JPY, a continued upward trend is visible with clear higher lows and highs. The price is close to recent highs around 159.7, which may indicate a potential resistance level. Support can be identified around 157.5, where the market previously reacted. Moving averages indicate further increases, however, oscillators may suggest that the market is overheated.

On the 4-hour chart, the USD/JPY exchange rate is moving within a narrow range of 159.5-160.0. Consolidation in this area may lead to a breakout in one direction. The RSI and MACD indicators indicate neutrality, suggesting a lack of clear dominance by buyers or sellers. A break above the level of 160.0 could open the way for further gains.

The hourly chart shows that USD/JPY is in a consolidation phase with a slight upward trend. The price oscillates around the level of 159.6-159.8, which may suggest an attempt to break out. The RSI indicator is close to the level of 60, indicating a buyer's advantage, but there is a lack of decisive momentum. A breakout above 159.8 could result in a more dynamic upward movement.

On the 15-minute chart of USD/JPY, there is a short-term consolidation with slight movements up and down. The price oscillates between 159.5 and 159.7. Quick changes in momentum are observed, and oscillators indicate short-term overbought conditions. A breakout from this range could signal a short-term move.

Options data for FXY indicates a very bullish sentiment with a put/call ratio of 0.38. Key call levels are concentrated around $59 and $61, which corresponds to an increase in USD/JPY of 3.5% and 7.0% from current levels. This suggests market expectations for further gains. The Max Pain level at $59 may act as a temporary target, and the high Open Interest for calls confirms the bullish sentiment.

USD/JPY is in an uptrend with consolidation around 159.6-159.8. Key resistance levels are 160.0 and 161.0, while support is around 157.5. Options data and the extremely low Fear & Greed Index suggest a possible further increase. Investors should watch for a potential breakout from the current consolidation and upcoming macroeconomic data regarding the state of the labor market in the USA.

On the daily chart of USD/CHF, a continuation of the upward movement that started in February 2026 can be seen. The price has reached a resistance level close to 0.8000, where it may encounter difficulties in further growth. Moving averages suggest the strength of the upward trend; however, RSI indicators indicate possible overbought conditions, which may lead to a short-term correction. Key support is located around 0.7900, which previously acted as a resistance level.

On the 4-hour chart of USD/CHF, we are in consolidation after recent increases. The price oscillates around the level of 0.7980. Technical indicators are neutral, indicating a possible movement in both directions. A breakout above 0.8000 may open the way for further increases, while a drop below 0.7960 may initiate a correction towards 0.7900.

The hourly chart shows a cooling off after an earlier upward impulse. The price is consolidating near 0.7980. The RSI and MACD indicators are neutral, suggesting a lack of clear direction. Important support is at 0.7960, while resistance at 0.8000 remains crucial for further upward movements.

In the short term, on the 15-minute chart, USD/CHF is in a narrow range between 0.7975 and 0.7990. We are observing low volatility, which may indicate a lack of interest from investors. A breakout of either of these levels could lead to a short-term move in that direction.

The current price of FXF is $109.00 with a very bullish sentiment confirmed by a low put/call ratio of 0.48. The largest open call positions indicate target levels near $115, which would correspond to a 5.5% increase in USD/CHF. The max pain level is $115, which may encourage further increases to that level. High open interest at call levels suggests that investors expect further growth in USD/CHF.

USD/CHF shows a bullish sentiment with resistance at the level of 0.8000. Key supports are at the levels of 0.7960 and 0.7900. Options data indicates potential increases to the level of $115 in FXF. Today's macroeconomic data at 14:30 (Warsaw time) is expected to trigger volatility. The bias remains moderately bullish, with the possibility of a short-term correction.

On the daily chart of USD/CAD, a strong upward trend is visible with clear higher highs and lows, suggesting a continuation of the upward movement. The current price is oscillating around 1.3920, which is approaching the recent highs. Key support is located around 1.3750, which aligns with the previous low. A potential target for bulls could be the level of 1.4000, which would indicate further strengthening of the US dollar against the Canadian dollar.

On the 4-hour chart, there is a consolidation after a strong upward movement, which may suggest a short-term correction or gathering strength before further movement to the north. The price oscillates around 1.3920, and support can be located around 1.3850. A breakout above 1.3950 could open the way for further increases.

The hourly chart shows stabilization after the recent upward movement. The price oscillates in a narrow range of 1.3900-1.3940, indicating a potential breakout in either direction. Support is at 1.3880, while resistance is at 1.3940. A breakout of either of these levels may indicate the further direction of movement.

On the 15-minute chart, there is a slight downward pressure. The price is moving towards 1.3900, which is a local support. Short-term resistance is visible around 1.3930. The current consolidation may lead to a quick change in direction, depending on the reaction to key macroeconomic data.

Options data for FXC indicates a very bullish sentiment with a low put/call ratio of 0.45. Key call levels are $71 (+2.9%) and $80 (+15.9%), suggesting expectations for further increases in USD/CAD. Max Pain at $80 may indicate a potential target for the market. High open interest at call levels supports the bullish scenario.

USD/CAD is showing a strong upward trend with key support at 1.3850 and resistance at 1.4000. The options sentiment is bullish, which may support further increases. Upcoming macroeconomic data may influence the short-term trend. The bias remains bullish, and key levels to watch are 1.3900 and 1.4000.