Morning market review - Thursday, June 4, 2026

On the daily chart, Bitcoin is in a strong downtrend, with recent candles indicating an attempt to bounce off the level of 62,000 USD. Current support is around 60,000 USD, and resistance is at 70,000 USD. Volume has increased, suggesting heightened trading activity during the declines. RSI remains in the oversold zone, which may indicate a potential short-term bounce. It will be crucial to watch whether Bitcoin breaks 66,000 USD, which could confirm a trend change.

On the 4-hour chart, a continuation of the downward trend is visible. The last upward correction stopped around 64,500 USD. Important support is at 62,000 USD, while resistance is at 66,000 USD. The MACD indicates a possible consolidation, but there are no clear signals of a trend reversal. The volume is relatively high, which may suggest investor interest at the current price levels.

The hourly chart shows that Bitcoin is trying to consolidate after the recent strong decline. The price is oscillating around 64,200 USD. The RSI is neutral, indicating a balance of power between buyers and sellers. Key levels are 63,500 USD as support and 65,000 USD as resistance. Trading volume has slightly decreased, which may indicate a temporary lack of market decisiveness.

On the 15-minute chart, Bitcoin is bouncing off the local support level at 63,800 USD. The price is approaching resistance at 64,500 USD. The current price action suggests a sideways movement, and the MACD indicates the possibility of a slight upward correction. The volume is moderate, suggesting moderate trading activity in the short term.

Options data indicates a strong bearish sentiment with a high Put/Call Ratio of 1.76. Key levels for put options are 37 USD and 39 USD, which correspond to support around 63,000 USD in the spot market. The max pain level is 43 USD, suggesting that the market may aim to approach this level as the options expiration date approaches. The volume of puts exceeds that of calls, confirming the bearish sentiment.

Bitcoin is in a downtrend with an attempt to bounce off support at 62,000 USD. The sentiment is bearish, as confirmed by options data. Key levels are support at 60,000 USD and resistance at 66,000 USD. The neutral Fear & Greed Index indicates a lack of strong emotions in the market. Monitoring the level of 66,000 USD will be crucial for a potential trend change.

On the daily chart of Ethereum, a clear downward trend is visible, which has been ongoing for several months. The price has successively broken through several significant support levels, approaching the key level of 1700 USD. Current levels are close to the lows of previous months, suggesting the possibility of a rebound or further continuation of declines. Moving averages indicate selling pressure, and volume remains at a relatively high level, confirming strong market interest at this stage.

On the 4-hour chart, Ethereum continues its downward trend with clear lower highs and lows. The price is testing the support level around 1780 USD, which may serve as a short-term turning point. The RSI indicates possible oversold conditions, which may suggest a potential rebound. However, the lack of a clear reversal signal suggests caution when making buying decisions.

On the hourly chart of Ethereum, consolidation is visible after the recent declines. The price oscillates in the range of 1780-1800 USD, which may suggest the formation of a base before a possible move forward. Trading volume is variable, indicating uncertainty among investors. Short-term support is at 1780 USD, and resistance is at 1820 USD.

On the 15-minute chart, there are slight attempts to bounce off the lower levels. The price is moving in a narrow range of 1785-1800 USD. Short-term technical indicators, such as MACD, are beginning to indicate a possible upward correction; however, the volume remains low, which may limit potential gains.

Option data indicates a clearly bearish sentiment with a high put/call ratio of 2.44. Key support levels in the options market are 14 USD and 13 USD, which correspond to a few percent increase or decrease in the price of ETHUSD, respectively. The largest open interest is at 15 USD, suggesting that investors are concerned about further declines. Max pain at 16 USD may indicate some expectations of stabilization in the medium term.

Ethereum remains under selling pressure, with key support levels at 1780 USD and resistance at 1820 USD. Bearish sentiment dominates, as confirmed by options data with a high put/call ratio. In the short term, consolidation or a slight rebound is possible, but the lack of clear reversal signals suggests caution. Investors should monitor the price reaction at key support and resistance levels.

On the daily chart of XAUUSD, a continuation of the downward trend that has been dominant for several weeks is visible. The price of gold is approaching local support around 4400, which may represent a potential rebound point. Technical indicators, such as RSI, are in the neutral zone, suggesting a lack of clear momentum. We are also observing low volume, which may indicate a lack of interest from major players. A break below the 4400 level could open the way for further declines, while a rebound may direct the price towards 4600.

On the 4-hour chart, consolidation is visible in the range of 4400-4600. Recent candles show a slight advantage for buyers, but there is a lack of clear direction. Short-term support is located around 4450, while resistance is at 4600. The MACD and RSI indicators suggest the possibility of further sideways movement. A breakout beyond these levels may determine the further direction of movement.

The hourly chart shows an upward correction after the recent declines. The price movement oscillates around 4650, and the level 4700 acts as the nearest resistance. The RSI indicator is approaching the overbought level, which may suggest a potential correction. On the other hand, a breakout above the resistance at 4700 could strengthen the short-term buying pressure.

On the 15-minute chart, there is an attempt to break the level of 4650, but the lack of decisive volume may limit further growth. The price is in a narrow range between 4630 and 4670. Technical indicators do not provide clear signals, suggesting a continuation of consolidation in the short term.

Options data indicates a very bullish sentiment with a zero put/call ratio. High open interest at levels 415 and 421 suggests an expectation for a rise above these values. Maximum pain is at level 415, which may act like a magnet for the price as expirations approach. High call volume and the absence of puts highlight the market's optimistic expectations.

Currently, gold is in consolidation, with key support at 4400 and resistance at 4600. The options sentiment is very bullish, indicating expectations of further increases. However, the lack of clear momentum and low volume may limit price movements. A breakout beyond the current range of 4400-4600 could set the direction for the coming weeks. Watch the levels of 4450 (support) and 4700 (resistance) for short-term guidance.

On the daily chart, XAGUSD is in consolidation within the range of 72-76 USD, suggesting a lack of a clear direction. Recently, the price tested the lower boundary of this range, which may indicate a potential rebound; however, there are no clear buy signals. The trading volume is relatively low, confirming the current uncertainty in the market. The key support level is 72 USD, and the resistance level is 76 USD. A breakout of either of these levels may indicate the further direction of price movement.

On the 4-hour chart, we see that the price bounced off the level of 72 USD, but it failed to break the resistance at 74 USD. The trend is currently bearish, with lower highs and lower lows. The RSI is in the neutral zone, suggesting that potential movements may be limited in the short term. The key levels to watch are 74 USD as resistance and 72 USD as support.

On the hourly chart of XAGUSD, there is a slight rebound from the level of 72.5 USD, but movements are limited by short-term resistance at 73 USD. The price is moving in a narrow range, and moving averages indicate consolidation. Volume is low, which may suggest a lack of interest in the short term. If the price exceeds 73 USD, it may indicate potential short-term strengthening.

On the 15-minute chart of XAGUSD, there is an attempt to bounce off the level of 72.8 USD, but there is a lack of decisive momentum. The RSI is close to the neutral level, suggesting a lack of strength in the market. The nearest resistance is at 73 USD, and support is at 72.5 USD. The situation on this timeframe can change quickly, so it's worth monitoring the reaction at key levels.

Options data for SLV indicates a moderately bullish sentiment, with a put/call ratio of 0.58. The highest interest in calls is at the $68 and $69 levels, which may suggest that investors expect a price increase. Max Pain is at the $68 level, which could act as a magnet for the price in the near future. Overall, the options data indicates potential support for rising silver prices.

Current analysis suggests that XAGUSD is in consolidation with key support levels at 72 USD and resistance at 76 USD. The options sentiment is moderately bullish, which may support potential increases. However, the lack of clear buy signals on the charts suggests caution. A breakout above the 74 USD level on the 4-hour chart may indicate short-term strengthening, but the key levels of 72 and 76 USD remain crucial.

On the daily chart of the S&P 500, a continuation of the upward trend is visible; however, recent sessions indicate potential weakening. After reaching a local peak around 7600, the market encountered resistance, leading to a downward correction. Current support is at 7500, and breaking it may open the way for further correction. Technical indicators suggest the possibility of further decline, but the overall trend remains upward.

On the 4-hour chart, consolidation is visible after an intense rise. The price is approaching support at 7500, which may be a key level for the further development of the situation. Breaking this level could accelerate the downward movement, while a bounce may suggest a continuation of the upward trend. Momentum indicators are starting to show signs of weakness, which may suggest a possible correction.

The hourly chart shows short-term downward pressure, with lower highs and lows forming. The price is below the main moving averages, suggesting further potential for declines. Current support at 7520 is crucial, and a break below it could lead to further declines towards 7500. The RSI and MACD indicators suggest the possibility of further weakening.

The 15-minute chart shows clear selling pressure in the short term, with bearish candles forming. The price is moving below the main moving averages, confirming the negative sentiment. The current support at 7525 is crucial for the short-term direction. A break of this level could lead to further declines.

Options data indicates a very bullish sentiment with a Put/Call Ratio of 0.00, which means a complete dominance of call options. The key call option levels are 744, 750, and 755, suggesting bullish expectations. The Max Pain level at 744 suggests that the market may aim for this level before the options expiration, which could limit larger increases or decreases in the short term.

S&P 500 is in a correction phase after recent gains, with key support at the level of 7500. The options sentiment is very bullish, which may support a return to growth. In the short term, reactions at the support levels of 7520-7500 will be crucial. Breaking through these levels may lead to further correction, while maintaining them may indicate a continuation of the upward trend.

On the daily WTI chart, strong volatility is visible, with the last close at 95.17 USD. The price is in a correction phase after previous increases, with resistance around 100 USD and support at 90 USD. The candlestick formation suggests a potential weakening of the upward momentum; however, key support remains intact. Technical indicators are neutral, which may suggest further consolidation in the near future.

On the 4-hour chart, the price of WTI is consolidating around the level of 95 USD after a previous rebound from a minimum of 92 USD. There is a stabilization with local resistance at 97 USD. The upward momentum is fading, and the lack of a clear direction may lead to further consolidation. Technical indicators indicate neutrality, suggesting a lack of a strong trend in the short term.

The hourly chart shows that WTI is in a narrow range between 94.50 and 96 USD. The price is moving close to the lower boundary of this channel, which may suggest a potential bounce towards 96 USD. Current support levels are being tested, and a breakout below 94.50 USD could open the way for further declines. Momentum is weakened, which may suggest a continuation of sideways movement.

On the 15-minute chart, WTI is moving in a narrow range between 94.80 and 95.50 USD. The current structure suggests consolidation with the possibility of a breakout in either direction. The nearest support is at 94.80 USD, and resistance is at 95.50 USD. Technical indicators do not provide clear signals, suggesting further consolidation in the short term.

Options data indicates a very bullish sentiment with a Put/Call Ratio of 0.00, suggesting an advantage for call options. Key levels for call options are 150 USD (+7.9% from ATM) and 143 USD (+2.9% from ATM). The lack of volume on the put side may indicate a lack of expectations for declines in the short term. Max Pain at 150 USD suggests that the market may aim for this level in the near term.

The overall sentiment for WTI is neutral with the possibility of further consolidation. Key support levels are 94.50 USD, and resistance at 97 USD. Options data suggests a bullish sentiment, with the key Max Pain level at 150 USD. In the short term, the lack of a clear direction may lead to a continuation of sideways movement, but the bullish options sentiment may give an advantage to increases.

On the daily chart of EUR/USD, there is a consolidation around the level of 1.1600, indicating a lack of a clear trend in the short term. Prices are moving within a narrow range between 1.1500 and 1.1700. We are observing a decrease in volume, which suggests limited investor activity. Technical indicators, such as RSI, are approaching neutral levels, which may indicate the possibility of further consolidation. Key support levels are at 1.1500, while resistance can be seen around 1.1700.

On the 4-hour chart of EUR/USD, there is slight downward pressure, with prices oscillating below the level of 1.1620. We observe a formation of lower highs, which may suggest a continuation of the downward trend. Current support is at 1.1550, and the nearest resistance is at 1.1650. If sellers maintain control, a test of the lower support is possible.

On the hourly chart of EUR/USD, the exchange rate oscillates around 1.1600 with a possibility of a slight rebound towards 1.1620. Short-term technical indicators suggest a potential rebound, but the lack of clear momentum may limit the upside potential. Current support is at 1.1580, and resistance is at 1.1620. A breakout of either of these levels may indicate the further direction of movement.

On the 15-minute chart of EUR/USD, low volatility is visible, with prices moving in a narrow range between 1.1590 and 1.1610. Current support is at 1.1590, and resistance is at 1.1610. Short-term indicators suggest the possibility of sideways movement with a perspective for short-term breakouts.

Options data for the FXE ETF indicates a moderately bullish sentiment with a put/call ratio of 0.76. Key call levels are $113 and $114, which corresponds to an increase of 7.6% and 8.6% from the current price of EUR/USD. Support for puts is strong at $107, which corresponds to a 1.9% increase from ATM. Max Pain is at $107, suggesting a potential equilibrium level for the market.

In summary, EUR/USD is in consolidation with slight downward pressure on lower time frames. Key levels are support at 1.1550 and resistance at 1.1700. Options data indicates a moderate bullish sentiment with max pain at $107. Observing price reactions around 1.1600 may provide clues about the further direction of movement.

On the daily chart of GBP/USD, it can be seen that the pair is moving in the context of consolidation. The price oscillates around the level of 1.3426, and the recent candles indicate a lack of clear direction. Support is located around 1.3400, and resistance is near 1.3500. The volume is relatively low, which may suggest a lack of strong interest in the market at this moment. Today's speech by the head of the BoE may introduce volatility. Key levels to watch are 1.3400 and 1.3500.

On the 4-hour chart of GBP/USD, there is slight downward pressure; however, the price is bouncing off support around 1.3400. Recent candles indicate a possible attempt at a bullish correction. Resistance is located around 1.3450, which must be broken to confirm the strength of the bulls. Technical indicators are neutral, suggesting the need for caution and waiting for a clearer signal.

On the hourly chart of GBP/USD, there is an attempt to bounce off the level of 1.3400. The price is approaching local resistance at 1.3450, which may be a key point for further movement. Technical indicators suggest a possible weakening of selling pressure. If the price breaks through 1.3450, further upward movement is possible. However, the lack of a clear direction requires caution in the short term.

On the 15-minute chart, there is slight upward pressure, with the price testing the level of 1.3430. The volume is moderate, and the technical indicators suggest the possibility of further upward movement. It will be important whether the price holds above 1.3420, which could indicate short-term interest from buyers. The key resistance is 1.3450.

Options data for FXB indicates a dominance of puts with a put/call ratio of 4.10, suggesting a strong bearish sentiment. The maximum pain price is 128, which suggests that the market may aim for this level in the short term. Significant open interest in put positions at levels 128 and 125 indicates potential support in these areas. Call volume is lower, which may limit potential gains.

GBP/USD is in consolidation with a slight bearish bias. Key support is at 1.3400, while resistance levels are at 1.3450 and 1.3500. Options data supports the bearish scenario, with a potential target at 1.3400. Macro events may introduce volatility, so caution is advised. The appearance of the BOE chief will be crucial for further price movements.

On the daily chart of AUD/USD, it can be seen that the pair is in consolidation after previous gains. Current support is around 0.7100, while resistance is at 0.7200. Moving averages indicate a neutral trend, and the RSI oscillates around the level of 50, suggesting a lack of clear direction. In the coming days, the market may continue to move sideways unless new macroeconomic impulses arise.

On the 4-hour chart, the AUD/USD pair is testing support around 0.7120. Technical indicators such as MACD are approaching neutral levels, and RSI is close to 50, confirming consolidation. An important resistance level is 0.7180. If the price breaks this level, further increases are possible, but for now, the sentiment remains neutral.

The hourly chart shows an attempt to bounce off the support at 0.7120, with the current resistance test at 0.7140. The MACD indicates a potential buy signal, and the RSI has risen above 50, which may suggest further short-term increases. However, if the resistance at 0.7140 is not broken, a return to the support is possible.

The 15-minute chart indicates a short-term upward movement, with a clear breakout above 0.7130. The RSI is in the neutral zone, but the MACD shows positive momentum. Key support is at 0.7125, and resistance is at 0.7140. A breakout above resistance may suggest further strengthening in the near future.

Options data on the FXA market indicates a moderately bullish sentiment with a put/call ratio of 0.60. Significant resistance levels for call options are at 74 USD (+5.7%) and 72 USD (+2.9%). Support for put options is at 69 USD (-1.4%). The largest open interest for puts at 69 USD suggests that this is a key support level. Max Pain at 69 USD indicates the market's preference to keep the price close to this level.

Analysis of AUD/USD indicates consolidation with key support levels at 0.7100 and resistance at 0.7200. Options data suggest a moderately bullish sentiment, but with significant support at 69 USD for FXA. The short-term direction may depend on macroeconomic impulses, including the appearance of the RBA chairman. The market bias is neutral with a potential upward shift if resistances are broken.

On the daily chart of USD/JPY, we observe a continuation of the upward trend, with clear support around 158.00. The pair has reached new highs near 160.00, suggesting potential further increases. Technical indicators, such as RSI, still indicate the possibility of trend continuation, although signs of overbought conditions may appear. An important resistance level remains at 160.50, a breakout of which could open the way for further increases. Support is located at 158.00, which serves as a key defense point for buyers.

On the 4-hour chart of USD/JPY, consolidation is visible just below the level of 160.00. The price is moving within a narrow range, which may suggest preparation for a stronger move. A breakout above the resistance at 160.00 could trigger further increases, while support at 159.00 is crucial for maintaining the current trend. Overall sentiment remains bullish, although slight signs of correction are observed.

The hourly chart indicates a short-term correction after reaching local peaks. The price is moving towards support at 159.50, which could serve as a rebound point. Technical oscillators are beginning to signal oversold conditions, which may suggest a possibility of a rebound. The key resistance level remains at 160.00, and breaking this level could indicate a return to upward movements.

On the 15-minute chart, struggles are visible at the support level of 159.50. The short-term trend is slightly bearish, which may suggest further testing of lower levels before a rebound occurs. Signs of oversold conditions are observed, which may indicate a potential corrective move upward. Key levels to watch are 159.50 as support and 160.00 as resistance.

Options data analysis for FXY shows a very bullish sentiment with a low put/call ratio of 0.15. The highest interest among call options is at the strike of $58, which corresponds to a 1.8% increase relative to ATM, indicating expectations for further USD/JPY gains. Put options have lower open interest, suggesting limited downward pressure. The max pain level is at $58, which aligns with the bullish market sentiment.

USD/JPY remains in an upward trend with key resistance at 160.00. Support is at 159.00. Options data suggests a bullish sentiment with expectations for increases. Short-term oscillations may occur due to a correction, but the overall bias is upward. It will be important to maintain support at 159.50 to continue the upward trend.

On the daily chart of USD/CHF, it can be seen that the pair is consolidating in the range of 0.7800-0.7950. It is currently testing the upper boundary of this range. If the bullish momentum holds, a breakout and further movement towards the resistance at 0.8000 is possible. Technical indicators suggest a moderate bullish sentiment, and the RSI is approaching the overbought level. However, the observed gains may be limited by resistances around 0.7950, which previously acted as a strong resistance level.

On the 4-hour chart of USD/CHF, it can be seen that the currency pair has bounced off the support level at 0.7850 and continues to rise. The current trend is bullish, with the nearest resistance at 0.7930. A breakout of this level could open the way for further gains towards 0.8000. Technical indicators are in the neutral zone, but with a bullish bias. Price reaction at the level of 0.7930 should be monitored.

On the hourly chart, USD/CHF is dominated by bulls, and the pair continues to rise after bouncing off the level of 0.7880. Currently, the price is around 0.7910, with potential for further increases. Support is at the level of 0.7900, and a breakout above the resistance at 0.7925 could confirm further upward pressure. Technical indicators show signs of exhaustion, which may suggest a short-term correction.

On the 15-minute chart of USD/CHF, it can be seen that the pair is consolidating in a narrow range between 0.7905 and 0.7915. Currently, the price is testing the upper boundary of this range. Technical indicators are neutral, and the RSI is oscillating around the level of 50. If the price breaks above 0.7915, a quick move up towards 0.7925 may occur. Support is located at the level of 0.7905.

Options data for the ETF FXF indicates a moderately bullish sentiment with a put/call ratio of 0.76. The largest open interest for calls is at the $140 level, suggesting that investors expect potential increases. Key support levels for put options are at the $111 strike. The max pain level of $140 indicates potential further increases, although significant barriers in the short term may limit the upward momentum.

USD/CHF shows signs of bullish momentum, with key resistance at 0.7950. A breakout of this level could lead to further gains towards 0.8000. Support is located at 0.7850. Current sentiment is moderately bullish, supported by options data. However, investors should exercise caution considering possible short-term corrections and reactions at key resistance levels.

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