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Morning market review - Monday, June 8, 2026

Technical analyses of 12 instruments with options data

Kacper MrukJune 8, 2026Updated: June 8, 20261 min read

Morning Market Overview

The morning market overview indicates a cautious mood among investors, which is reflected in the Fear & Greed index, which reached a value of 42, suggesting the dominance of fear. The current Federal Reserve interest rate is 3.50-3.75, and the next FOMC meeting is scheduled for June 17, 2026, which may have a significant impact on the further development of the situation in the markets. In today's analysis, we will take a look at twelve key instruments that may gain importance in the context of current trends and macroeconomic signals.

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Further Reading

Bitcoin - Daily Chart (D1)

Bitcoin - Daily Chart (D1)

On the daily chart, Bitcoin is in a downtrend, with recent candles indicating attempts at consolidation around 63,000 USD. There is visible selling pressure, and the support level may be around 60,000 USD. Trading volume remains relatively high, suggesting the possibility of further downward movements. Currently, there are no clear signals of a trend reversal.

Bitcoin - 4H Chart

Bitcoin - 4H Chart

On the 4-hour chart, Bitcoin shows signs of a rebound after a strong decline, but it encounters resistance around 64,000 USD. Volume is starting to decrease, which may indicate weakening buying pressure. Key support is at the level of 61,500 USD, and breaking this level could lead to further declines.

Bitcoin - 1H Chart

Bitcoin - 1H Chart

The hourly chart indicates a short-term rebound from the level of 62,000 USD, however, resistance around 63,000 USD limits further increases. Price movements are volatile, and trading volume is decreasing, which may indicate investor uncertainty. If the level of 63,000 USD is broken, further increases to 64,000 USD are possible.

Bitcoin - 15-minute chart

Bitcoin - 15-minute chart

On the 15-minute chart, Bitcoin oscillates around 62,900 USD, with visible short-term fluctuations. The volume is moderate, suggesting a lack of decisiveness among market players. The level of 62,500 USD acts as support, while 63,000 USD serves as resistance. A breakout of either of these levels may indicate the further direction.

Bitcoin - Options data

Options data clearly shows a bearish sentiment with a Put/Call Ratio of 1.77. High open interest at put levels suggests that investors are hedging against further price declines. The key Max Pain level is at 38 USD for IBIT, which may indicate a potential reversal point, although the current sentiment remains negative.

Bitcoin - Summary

The current sentiment in the Bitcoin market is bearish, as confirmed by options data and the Fear & Greed Index at 42. Key support at the level of 60,000 USD may be tested if selling pressure persists. Key resistances are at 63,000 USD and 64,000 USD. The overall bias remains negative, although short-term rebounds within a correction are possible.

Ethereum - Daily Chart (D1)

Ethereum - Daily Chart (D1)

On the daily chart of Ethereum (ETHUSD), we observe a continuation of the downward trend that began in March 2026. The current price is around 1665 USD, which means it remains below key resistance levels around 1800 USD. Technical indicators suggest that further selling pressure is possible, although volume is starting to indicate potential consolidation. The nearest support is around 1600 USD, while resistance is at 1800 USD. The current sentiment is negative, which may lead to further declines.

Ethereum - 4H Chart

Ethereum - 4H Chart

On the 4-hour chart, we see that Ethereum is in a downward channel, with the current price level around 1666 USD. The recent bounce from the 1500 USD level suggests a short-term correction, but the lack of a clear breakout above the 1700 USD level indicates limited upside potential. The RSI and MACD indicators remain in the neutral zone, suggesting the possibility of continued consolidation with a slight advantage for sellers.

Ethereum - 1H Chart

Ethereum - 1H Chart

On the hourly chart of Ethereum, we can observe a slight rebound around 1665 USD after previous declines. The price is oscillating below the 1700 USD level, which constitutes the nearest resistance. Current technical indicators, such as MACD, are beginning to signal a possible upward correction, but the trading volume is not high enough to confirm a strong rebound. Key support is located at 1640 USD.

Ethereum - 15-minute chart

Ethereum - 15-minute chart

The 15-minute chart shows that Ethereum is oscillating in a narrow range between 1645 USD and 1670 USD. The movements are limited, and the volume is relatively low, suggesting uncertainty in the short term. The RSI and MACD indicators are in the neutral zone, indicating a potential continuation of consolidation in the coming hours. The nearest support is at 1640 USD, and resistance is at 1675 USD.

Ethereum - Options data

Options data indicates a preference for put options, with a PUT/CALL ratio of 1.01 and bearish sentiment. Key support levels for put options are at 13 USD (+8.3% from ATM), which may indicate bearish expectations. Max Pain is at 13 USD, further confirming the current pessimism. The volume of call options is significant, suggesting that investors are hedging against potential increases, but the overall sentiment is negative.

Ethereum - Summary

Ethereum is in a downtrend with key support at 1600 USD and resistance at 1800 USD. Market sentiment is negative, as confirmed by options data and technical indicators. In the short term, further consolidation or a slight rebound is possible, but the lack of clear bullish signals suggests caution. Key levels to watch are 1640 USD as support and 1700 USD as the nearest resistance.

Gold - Daily Chart (D1)

Gold - Daily Chart (D1)

On the daily chart of XAUUSD, a clear downtrend is visible, with the price approaching the level of 4290. Currently, gold is below the key support level of 4350, which confirms further downside potential. Fresh lows may lead to additional weakening, with the nearest target being the level of 4200. Trading volume is increasing, which may suggest that selling pressure is intensifying. MACD and RSI remain in the negative zone, supporting bearish outlooks.

Gold - 4H Chart

Gold - 4H Chart

The 4-hour chart shows consolidation in the lower range between 4300 and 4250. The recent bounce from the lower boundary of this channel suggests a possible short-term upward correction; however, the dominant trend remains bearish. Technical indicators, such as RSI, indicate oversold conditions, which may favor short-term bounces. Key resistances are located at the level of 4350.

Gold - 1H Chart

Gold - 1H Chart

On the hourly chart of XAUUSD, there is an attempt to bounce off the level of 4290. However, every rise encounters strong resistance around 4310. The RSI indicates possible oversold conditions, suggesting a short-term bounce, but the overall trend remains bearish. The volume during the recent bounces is low, indicating a lack of strong support for upward movements.

Gold - 15min Chart

Gold - 15min Chart

In the 15-minute chart, stabilization has been observed after a previous decline. The price oscillates in a narrow range between 4290 and 4300. Trading volume is low, and technical indicators remain neutral, suggesting a lack of clear direction in the short term. Important support is at the level of 4290, while resistance is around 4305.

Gold - Options Data

Options data indicates a bearish sentiment with a high put/call ratio of 2.32. Key put levels are 400 and 395, suggesting that investors are hedging against further declines. Max Pain at 420 suggests potential support at these levels, but the current market sentiment remains negative. High put volume indicates an advantage for put options, which may increase downward pressure on gold.

Gold - Summary

Gold XAUUSD is in a clear downtrend, with key support at 4290. Bearish sentiment is confirmed by options data and technical indicators. Key resistance levels are 4310 and 4350, while support is at 4290 and 4200. The current selling pressure may lead to further declines unless support at 4290 is broken.

Silver - Daily Chart (D1)

Silver - Daily Chart (D1)

On the daily chart of XAGUSD, there is a strong downward pressure, with a clear downtrend. The price is currently approaching significant support around 66 USD, which could be a turning point. The trading volume remains high, suggesting significant selling activity. If the support at 66 USD is broken, a further decline towards 64 USD is possible. On the other hand, a rebound from this level could result in a short-term correction to the level of 68 USD.

Silver - 4H Chart

Silver - 4H Chart

On the 4-hour chart, there is a continuation of the downward trend with several attempts to bounce back that were quickly suppressed. The price is below the main moving averages, confirming the bearish sentiment. The key resistance in the short term is the level of 68 USD, which previously acted as support. A break of this level could indicate a potential trend reversal.

Silver - 1H Chart

Silver - 1H Chart

The hourly chart shows short-term consolidation after recent intense declines. The price oscillates around 67 USD, which may suggest an attempt at stabilization before the next move. Key levels to watch are 66.50 USD as support and 67.50 USD as resistance. An increase in volume during upward movements may indicate a potential rebound towards 68 USD.

Silver - 15min Chart

Silver - 15min Chart

On the 15-minute chart, a slight improvement in sentiment is visible, with local support at 66.80 USD. The price is trying to break the resistance at 67.10 USD, which could signal a short-term upward movement. The increase in volume during upward movements should be monitored as a potential signal of buying strength.

Silver - Options Data

Options data for SLV indicates a bearish sentiment, with a high put/call ratio of 2.47. High open positions on puts at prices close to the current ATM suggest expectations of further declines. Key support levels are 67 and 65 USD, while the maximum pain level is at 70 USD, which may act as a resistance barrier in the short term.

Silver - Summary

Analysis indicates a dominance of bearish sentiment with key support at 66 USD. A break of this level could lead to further declines. Short-term resistance is at 68 USD, and maximum pain is at 70 USD. The options sentiment and Fear & Greed Index indicate persistent pessimism. Key levels to watch are 66 USD as support and 68 USD as resistance.

S&P 500 - Daily chart (D1)

S&P 500 - Daily chart (D1)

Error generating D1 analysis for S&P 500

S&P 500 - 4H Chart

S&P 500 - 4H Chart

Error generating H4 analysis

S&P 500 - 1H Chart

S&P 500 - 1H Chart

Error generating H1 analysis

S&P 500 - 15-minute chart

S&P 500 - 15-minute chart

Error generating M15 analysis

S&P 500 - Summary

Error generating summary

Oil - Daily Chart (D1)

Oil - Daily Chart (D1)

Error generating D1 analysis for WTI Crude Oil

Oil - 4H Chart

Oil - 4H Chart

Error generating H4 analysis

Oil - 1H Chart

Oil - 1H Chart

Error generating H1 analysis

Oil - 15min Chart

Oil - 15min Chart

Error generating M15 analysis

Oil - Summary

Error generating summary

Euro/Dollar - Daily Chart (D1)

Euro/Dollar - Daily Chart (D1)

On the daily chart of EUR/USD, we observe a clear downward trend. Recent sessions have been characterized by increased volatility and selling pressure, which led to a break of support at the level of 1.1600. Currently, the pair is moving around 1.1518, confirming the continuation of the downward trend. Oscillators are in the oversold zone, which may suggest a possible upward correction; however, there are no clear reversal signals.

Euro/Dollar - 4H Chart

Euro/Dollar - 4H Chart

On the 4-hour chart, a dynamic decline is visible, which has stopped at the level of 1.1500. The current rebound is small, which may indicate a continuation of selling pressure. A break below 1.1500 could open the way for further declines towards 1.1450. Technical indicators suggest that the market remains in a bearish zone.

Euro/Dollar - 1H Chart

Euro/Dollar - 1H Chart

The hourly chart shows consolidation after a strong downward move. The price oscillates around the level of 1.1520, which may suggest a short-term balance between buyers and sellers. A rise above 1.1550 could signal a correction upwards; however, the main sentiment remains bearish.

Euro/Dollar - 15-minute chart

Euro/Dollar - 15-minute chart

On the 15-minute chart, stabilization is visible after the previous decline. The price hovers around 1.1520, indicating a temporary balance of forces. A breakout above 1.1530 could signal a short-term rebound, however, the dominant trend remains a downward trend.

Euro/Dollar - Options data

Options data for FXE indicates a significant advantage for put positions, with a put/call ratio of 4.94, reflecting a clear bearish sentiment. Key support levels are $107 and $105, suggesting expectations for further declines. Max Pain at $107 indicates potential turbulence in this area. The volume of put options is significantly higher than calls, further confirming the bearish advantage.

Euro/Dollar - Summary

EUR/USD is in a clear downtrend. Key support is at 1.1500, and a break below this level could lead to further declines. The options sentiment is strongly bearish, suggesting a possible continuation of the current trend. A rebound above 1.1550 could indicate a short-term correction; however, the main bias remains towards continued declines.

Pound/Dollar - Daily Chart (D1)

Pound/Dollar - Daily Chart (D1)

On the daily chart of GBP/USD, a downward trend is visible, with the price approaching the support level around 1.3300. Technical indicators suggest a continuation of selling pressure, which may lead to further declines. Recent candles show strong bearish movements, confirming negative sentiment in the market. The nearest significant support is at 1.3250, and resistance is at 1.3400. Current market conditions may favor further declines, especially in the context of recent macroeconomic data.

Pound/Dollar - 4H Chart

Pound/Dollar - 4H Chart

On the 4-hour chart, consolidation is visible after a previous strong decline. The price oscillates around the level of 1.3320, which may indicate an attempt to stabilize before further movement. Key support levels are at 1.3300, and resistance levels at 1.3360. Momentum indicators are neutral, suggesting possible short-term consolidation. Observing the reaction at key price levels will be essential for predicting the further direction of movement.

Pound/Dollar - 1H Chart

Pound/Dollar - 1H Chart

On the hourly chart of GBP/USD, there is an attempt to bounce off the local support at the level of 1.3320. The price shows slight bullish strength, but the overall trend remains bearish. The RSI and MACD indicators suggest possible oversold conditions, which may lead to a short-term rebound. Key resistances are at the level of 1.3350, and support is at 1.3300. Investors should pay attention to a possible trend reversal or a continuation of the downward movement.

Pound/Dollar - 15-minute chart

Pound/Dollar - 15-minute chart

On the 15-minute chart, a consolidation pattern is visible after a previous strong downward movement. The price oscillates in a narrow range of 1.3315-1.3330, suggesting a lack of clear direction in the short term. The volume is relatively low, which may indicate shaky trading activity. The key support level is 1.3310, and the resistance level is 1.3335. A breakout of these levels may indicate the short-term direction of the market.

Pound/Dollar - Options data

Options data on the FXB ETF indicates a strongly bearish sentiment, with a high put/call ratio of 4.19. A significant advantage of open put positions suggests that investors are hedging against further declines in GBP/USD. Key options support levels are $125, which corresponds to -0.8% from ATM, while the maximum pain point is at $128 (+1.6% from ATM). Bullish call levels are less significant, confirming the current bearish sentiment.

Pound/Dollar - Summary

GBP/USD is under bearish pressure with key support at 1.3300. Market sentiment is bearish, as confirmed by options and technical data. Key support levels are at 1.3250, and resistance at 1.3400. In the near term, consolidation or further decline is possible, especially in the context of pessimistic macroeconomic data and a high put/call ratio. Investors should monitor reactions at key support and resistance levels.

Australian Dollar/Dollar - Daily Chart (D1)

Australian Dollar/Dollar - Daily Chart (D1)

On the daily chart of AUD/USD, a downward trend is visible, which began after reaching a local peak around 0.7200. The current price oscillates around the level of 0.7045, suggesting further weakening. Support is located around 0.7000, while resistance is at the level of 0.7100. The daily candle shows slight volatility, which may indicate potential consolidation before further movement. Volume is moderate, supporting the current trend direction.

Australian Dollar/Dollar - 4H Chart

Australian Dollar/Dollar - 4H Chart

The 4-hour chart shows further weakening of AUD/USD, with clear resistance at 0.7050. The price is approaching support at 0.7030, which could be a key point for further movement. The short-term moving average indicates a continuation of declines. If the support level is broken, a test of 0.7000 is possible.

Australian Dollar/Dollar - 1H Chart

Australian Dollar/Dollar - 1H Chart

On the hourly chart, consolidation is visible in the range of 0.7035-0.7050. The RSI indicates possible overselling, suggesting a potential rebound. However, the lack of clear upward momentum may indicate further downward pressure. A key level to watch is 0.7050, the breach of which could change the current sentiment.

Australian Dollar/Dollar - 15min Chart

Australian Dollar/Dollar - 15min Chart

The 15-minute chart shows local consolidation with a slight bearish advantage. The price oscillates around 0.7045, and the volume is relatively low. Support is at 0.7040, and resistance is at 0.7050. A breakout from this range may indicate the short-term market direction.

Australian Dollar/Dollar - Options Data

Options data analysis indicates a dominance of put positions, with a put/call ratio of 1.31, confirming a bearish sentiment. The key support level is $69 for FXA, which translates to a balance of forces at the current level. High open interest at put levels suggests expectations for further declines in AUD/USD. Max Pain at $69 also supports this scenario.

Australian Dollar/Dollar - Summary

The bias for AUD/USD remains bearish. Key support levels are 0.7000 and 0.7030, while resistance is at 0.7050 and 0.7100. Options data and market sentiment indicate further weakening. In the event of a break of support at 0.7030, a move towards 0.7000 is possible. Market sentiment is supported by macro data and current investor moods.

Dollar/Yen - Daily Chart (D1)

Dollar/Yen - Daily Chart (D1)

Error generating D1 analysis for USD/JPY

Dollar/Yen - 4H Chart

Dollar/Yen - 4H Chart

Error generating H4 analysis

Dollar/Yen - 1H Chart

Dollar/Yen - 1H Chart

Error generating H1 analysis

Dollar/Yen - 15min Chart

Dollar/Yen - 15min Chart

Error generating M15 analysis

Dollar/Yen - Summary

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Dollar/Franc - Daily Chart (D1)

Dollar/Franc - Daily Chart (D1)

On the daily chart of USD/CHF, we see an upward trend approaching the resistance level at 0.8000. The pair has broken through several previous highs, suggesting further strengthening. If the resistance is overcome, the next target could be the level of 0.8100. Support is located at 0.7850, and breaking it could suggest a correction to 0.7750.

Dollar/Franc - 4H Chart

Dollar/Franc - 4H Chart

On the 4-hour chart, the USD/CHF pair is in a strong upward trend, with a clear bounce from the support level at 0.7850. Currently, the price oscillates around 0.7970 and may test the resistance at 0.8000. Technical indicators suggest the possibility of a short-term correction, but the overall trend remains bullish.

Dollar/Franc - 1H Chart

Dollar/Franc - 1H Chart

On the hourly chart of USD/CHF, there is a consolidation after a strong upward movement. The price is approaching 0.8000, which may represent a psychological resistance. Short-term support is located at 0.7950. The RSI indicators suggest a possibility of slight overselling, which may indicate a short-term correction downward.

Dollar/Franc - 15min Chart

Dollar/Franc - 15min Chart

On the 15-minute chart of USD/CHF, a temporary consolidation is visible around 0.7970. Support is at 0.7960, while resistance is at 0.7980. The short-term trend is neutral with slight price movements, suggesting a potential breakout in the near future.

Dollar/Franc - Options data

Options data analysis for FXF indicates a moderately bullish sentiment with a Put/Call Ratio of 0.56. Key call option levels are located around 113-140, which may suggest expectations for further USD/CHF growth. The Max Pain level at 140 suggests that this level may be a target for the market. The volume of call options exceeds the volume of put options, reinforcing the bullish sentiment.

Dollar/Franc - Summary

USD/CHF is in an uptrend with key resistance at 0.8000. Short-term support is at 0.7950. The overall sentiment is bullish, supported by options data suggesting further growth. Key levels are 0.8000 as resistance and 0.7850 as support. Indicators suggest a possibility of correction, but the overall trend remains positive.

Dollar/Canadian Dollar - Daily Chart (D1)

Dollar/Canadian Dollar - Daily Chart (D1)

On the daily chart of USD/CAD, a clear upward trend has been visible for several weeks. The price is approaching the resistance level around 1.4000, which may pose a significant barrier to further increases. If this level is broken, the next target is around 1.4200. Technical indicators, such as RSI, are in the overbought zone, suggesting a possibility of correction. However, as long as the price remains above 1.3800, the upward trend remains intact.

Dollar/Canadian Dollar - 4H Chart

Dollar/Canadian Dollar - 4H Chart

The 4-hour chart shows consolidation after a strong upward movement. The price is oscillating around the level of 1.3950, which may suggest the building of a base before the next move. Support is located around 1.3900, and resistance at 1.4000. The MACD indicates potential weakening of momentum, which could lead to a short-term correction towards 1.3900.

Dollar/Canadian Dollar - 1H Chart

Dollar/Canadian Dollar - 1H Chart

On the hourly chart, it can be seen that the price is stuck in a narrow range between 1.3930 and 1.3950. The current consolidation suggests a lack of decisiveness in the market. A breakout above 1.3950 could open the way for a test of 1.4000, while a drop below 1.3930 may direct the price towards support at 1.3900. Technical indicators do not provide clear signals.

Dollar/Canadian Dollar - 15min Chart

Dollar/Canadian Dollar - 15min Chart

The 15-minute chart shows slight volatility with a slight upward slope. The price remains above the level of 1.3940, which may suggest a short-term upward trend. Support is at 1.3930, and resistance is at 1.3950. Indicators suggest a lack of clear momentum, which may lead to further consolidation in this range.

Dollar/Canadian Dollar - Options Data

Options data for the ETF FXC shows a dominance of put options over call options with a put/call ratio of 1.11, indicating bearish sentiment. Key put levels indicate support at $70, which corresponds to 1.4% above ATM. The Max Pain level at $70 suggests that the market may be heading towards this level. Increased volume and open interest in put options may indicate selling pressure on FXC, which could translate into upward pressure on USD/CAD.

Dollar/Canadian Dollar - Summary

USD/CAD remains in an uptrend, with resistance at 1.4000 and support at 1.3900. Short-term consolidation may lead to further increases, but there is a risk of correction due to overbought conditions on the RSI. Options data suggests bearish sentiment on FXC, which may support the rise of USD/CAD. Key levels are 1.3900 (support) and 1.4000 (resistance).

Frequently Asked Questions

How to analyze trading instruments effectively?
Effective analysis combines technical analysis (charts, patterns, indicators) with fundamental analysis (economic data, news events). Understanding both short-term price action and long-term trends is essential.
How do Fed decisions impact markets?
Fed rate decisions affect all asset classes. Higher rates strengthen USD, pressure gold prices, and often weigh on stocks. The tone of Fed communication is often more important than the decision itself.

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