Morning market review - Thursday, March 12, 2026

On the daily chart, Bitcoin is in a consolidation phase after a previous downtrend. The price oscillates around 69,500 USD, which may indicate an attempt to establish support in this area. Significant support is located near 65,000 USD, while resistances are around 72,000 USD. Technical indicators do not provide clear signals, suggesting a possible continuation of consolidation in the short term.

On the 4-hour chart, a local bounce from support at 68,000 USD can be seen. The price encountered resistance around 70,000 USD, which may be a barrier to further increases. The trading volume is moderate, suggesting that the market is waiting for a clearer signal. A breakout above 70,000 USD could open the way for further gains.

The hourly chart shows market uncertainty with fluctuations between 68,500 and 69,500 USD. Currently, the price is approaching the lower boundary of this range, which may indicate an attempt to test support. Momentum indicators do not show a significant advantage for either bulls or bears, which may suggest further consolidation.

The 15-minute chart shows short-term consolidation in the range of 69,000-69,500 USD. Volumes are low, which may indicate a lack of decisiveness among market participants. Key support is at 69,000 USD, and resistance is at 69,500 USD. A breakout of either of these levels may indicate the direction for the upcoming hours.

Current options data for IBIT indicates a moderately bullish sentiment with a put/call ratio of 0.74. The highest interest in open interest occurs at call levels around 40 USD, suggesting expectations for increases. Key support levels for put options are located around 36 USD. The maximum pain point is at 40 USD, which may influence price movements in the short term. The dominance of call OI over put OI further supports bullish expectations.

Bitcoin is in a consolidation phase with resistance around 70,000 USD and support at 68,000 USD. The options sentiment is moderately bullish, which may suggest potential increases. Key levels to watch are 70,000 USD as resistance and 68,000 USD as support. Technical indicators and options data support a potential upward move, although the current fear sentiment may limit momentum.

On the daily chart of Ethereum (ETHUSD), a downward trend has been visible for several months. The current price is around 2029 USD, indicating an attempt at stabilization after recent declines. Key resistance levels are around 2200 USD, while support can be found at 1900 USD. The 50-day moving average (MA50) is above the current price, confirming the bearish sentiment. The RSI in the neutral zone suggests the possibility of further consolidation before the next directional move.

On the 4-hour chart, a potential trend reversal is forming. The price has bounced off the support level at 2000 USD and is trying to break through the local resistance at 2050 USD. The MACD shows signs of an increase, which may suggest a short-term upward movement. The trading volume is moderate, indicating investor caution.

The hourly chart indicates consolidation within a narrow range. We observe oscillations between 2010 and 2040 USD. MACD and RSI are in neutral zones, suggesting a lack of clear direction. An increase in volume around 2040 USD may signal a potential breakout upwards. Monitoring the price reaction at these levels may provide clues regarding the further direction.

On the 15-minute chart, there is an attempt to bounce off the local support at 2020 USD. The price is moving in a short-term upward channel. An increase in volume at the level of 2030 USD may indicate interest from buyers. The RSI in the neutral zone allows for further movements in both directions. A potential breakout above 2035 USD could attract new buyers.

Options on the ETF ETHA indicate a very bullish sentiment, with a low put/call ratio of 0.28. Key call levels are 16 USD (+6.5% from ATM) and 17 USD (+9.7% from ATM), suggesting expectations for ETHUSD increases. Max Pain at 16 USD indicates a significant resistance level, and a large number of open call positions may support further increases. Call volume significantly exceeds put volume, confirming the market's bullish outlook.

Currently, the dominant sentiment on ETHUSD is bullish, supported by options data. Key resistance levels are 2050 and 2200 USD, while support is at 2000 and 1900 USD. Macroeconomic data and events of the day may affect volatility, especially in the context of upcoming releases. Investors should monitor the price reaction at key levels to assess the further direction of movement.

On the daily chart of XAUUSD, there is a consolidation after a period of increases, with key support around 5100. Resistance is located in the 5300 zone, where the upward movement previously slowed down. The RSI is neutral, suggesting a lack of a clear direction. Given the current market sentiment, a potential breakout may occur in the northern direction, but confirming signals are necessary.

On the 4-hour chart, we see an attempt to break out of the local descending channel, which may suggest the beginning of a bullish correction. The price is oscillating around 5165, with the nearest resistance at 5200. Support is located at 5100. We are observing increased volume, which may indicate investor interest and a potential change in direction.

The hourly chart shows an attempt to bounce off the level of 5160, but there is no clear trend. The current consolidation may indicate preparation for a larger move, with resistance at 5180 and support at 5140. The RSI is neutral, not giving strong signals. It is worth monitoring volume indicators for confirmation of direction.

On the 15-minute chart, volatility is visible around the level of 5165. Short-term resistance is set at 5170, while support is at 5155. We are observing slight rebounds, but there are no clear trend signals. Momentum indicators are mixed, suggesting caution when making investment decisions.

Option data indicates a very bullish sentiment with a zero put/call ratio. Key call levels, such as $485 and $475, suggest increases of 3.9% and 1.7% respectively, which could translate into a corresponding move on XAUUSD. The lack of open interest on the put side suggests limited downside risk. The maximum pain at the level of $485 represents an additional target for the bulls.

The bias remains slightly bullish, with key support levels at 5100 and resistance at 5300. Options data supports the increases, however, upcoming macro events may affect volatility. It is recommended to monitor price reactions at resistance and support levels, as well as volume for direction confirmation.

On the daily chart of XAGUSD, consolidation is visible after a previous strong increase. The price oscillates around the level of 86 USD, which suggests potential fluctuations in the range of 84-90 USD. If the price breaks above the level of 90 USD, further growth to 95 USD is possible. Conversely, a drop below 84 USD could lead the price to 80 USD. Currently, it is important to monitor the RSI and MACD indicators to identify potential turning points.

On the 4-hour chart of XAGUSD, there is an attempt to bounce from the support level of 84 USD. The current upward movement may encounter resistance around 88 USD. Technical indicators suggest that the bullish momentum is limited, which may lead to further consolidation in the range of 84-88 USD. A breakout above 88 USD will open the way to 90 USD.

The hourly chart indicates a short-term breakout from the level of 85 USD. Currently, the price is testing the level of 86 USD as local resistance. If it manages to break through, a test of the level of 87 USD is possible. The RSI indicators are in the neutral zone, suggesting the possibility of further movements in both directions. It will be important to monitor the volume to confirm the movement.

On the 15-minute chart of XAGUSD, dynamic movements are visible in the range of 85.50-86.50 USD. Currently, the price is testing the upper limit of this range, which may lead to a short-term breakout. In the event of a breakout above 86.50 USD, the next resistance is at 87 USD. Signals from oscillators indicate potential exhaustion of buying strength.

The SLV options data indicates a strong bullish sentiment with a Put/Call Ratio of 0.00, which means there is no interest in Put options. Key Call levels include strikes of $85, $90, and $80, indicating expectations for an increase in the price of XAGUSD. The Open Interest for Calls is significantly higher, confirming the dominance of bulls in the market. The maximum pain level at $85 suggests that the price may aim for this level to balance the options market.

Silver XAGUSD shows a bullish sentiment with key support at 84 USD and resistance at 88 USD. Strong options data supports the possibility of an increase, and the level of 90 USD remains a key target for bulls. Technical indicators across various timeframes suggest the potential for further consolidation, but a breakout above 88 USD could generate a stronger upward move. Key levels to watch are 84 USD as support and 90 USD as the main resistance.

On the daily chart of the S&P 500, consolidation is visible after previous declines. The current support level is around 6700, and resistance is at 6900. The candle from the last day shows market uncertainty, suggesting the possibility of further consolidation. Technical indicators may point to a potential rebound, but the lack of a clear direction suggests caution in making investment decisions.

On the 4-hour chart of the S&P 500, volatility is visible in the range of 6700-6850. Recent candles suggest an attempt to bounce off the lower boundary of this range. The RSI and MACD indicators indicate a possible short-term rebound, but the lack of a clear trend suggests caution. A breakout above the level of 6850 could open the way for further gains.

The hourly chart shows local consolidation around the level of 6775. Recent candles indicate an attempt to break upwards, but the lack of volume confirming the move suggests caution. The key resistance level is 6800, and support is at 6750. A breakout of either of these levels may indicate the further direction of the movement.

The 15-minute chart indicates a local rebound from the level of 6750. The price is moving within a narrow range, and the volume remains low. Technical indicators, such as RSI, show a slight advantage for bulls, but the lack of a clear direction suggests a continuation of consolidation. Key levels are 6780 as resistance and 6750 as support.

Options data indicate a very bullish sentiment with a Put/Call Ratio of 0.00. Key levels for call options are $680 and $690, suggesting expectations of growth. The lack of interest in put options confirms the bullish sentiment. Volume and open interest significantly dominate on the call side, which may support potential increases in the S&P 500.

S&P 500 is in a consolidation phase with a slightly bullish sentiment supported by options data. Key levels are 6700 as support and 6900 as resistance. Technical indicators suggest the possibility of a short-term rebound, but the lack of a clear direction requires caution. Macroeconomic events, such as unemployment data, may influence the market's further direction.

On the daily chart of WTI, there is a strong upward trend, with a clear bullish candle suggesting further demand. The current price is 92.25 USD, indicating an increase of 4.36%. The price has broken above previous resistances at the level of 90 USD, which may suggest further movement towards 95 USD. The RSI indicates overbought conditions, which may suggest a potential correction or consolidation in the short term.

The 4-hour chart shows that WTI has experienced a correction after peaking at 95 USD. Currently, the price is testing the support level around 92 USD. The trading volume remains high, indicating strong market interest. A break below 92 USD could open the way for further declines towards 90 USD.

On the hourly chart, a flag formation is visible, which may suggest a continuation of the upward trend. The price has bounced off the level of 91.30 USD and is heading towards 93 USD. Volume is starting to decrease, which may indicate weakening buying pressure. A break above the level of 93 USD could lead to a rapid move upward.

The 15-minute chart indicates a short-term consolidation around the level of 92.20 USD. The price is moving within a narrow range, which may suggest a lack of decisiveness among market participants. Support is at 91.80 USD, while resistance is at 92.50 USD. A breakout of either of these levels could initiate a dynamic move.

Options data for USO indicates a very bullish sentiment, with a low put/call ratio of 0.05. The highest interest on the call side is at levels of 110 and 115 USD, which corresponds to a WTI increase of 3.8% and 8.5% from the current price. The maximum pain point is at 110 USD, which may indicate the market's tendency towards this direction. The low volume of puts suggests little interest in protection against declines.

Analysis indicates a bullish sentiment for WTI crude oil, with key resistance at 95 USD and support at 91 USD. Options and technical data support further increases; however, the RSI on the daily chart suggests a possible correction. Macroeconomic events, such as unemployment data in the USA, may impact market volatility. The expected bias is bullish, with a potential target at 110 USD.

On the daily chart of EUR/USD, a clear downward trend is visible, with the price oscillating around the level of 1.1548. Recent sessions have been dominated by sellers, which is confirmed by increased volume during declines. Key support is located around 1.1500, and resistance at 1.1700. Currently, there are no reversal signals, and further weakening of the euro may continue, especially if macroeconomic data from the USA is positive.

On the 4-hour chart, a continuation of the downward movement is visible, with the latest candles closing near the lows. The price has broken through the support around 1.1600, which opens the way for further declines. The nearest support is visible at the level of 1.1500, and resistance is around 1.1650. Technical indicators are in the oversold zone, but there are no clear buy signals.

The hourly chart shows a short-term consolidation after an intense downward movement. The current price is oscillating around 1.1547, which may suggest an attempt to correct to the level of 1.1570. However, the lack of clear reversal signals suggests that the dominance of sellers may persist. Key support is at 1.1530, and resistance is at 1.1580.

On the 15-minute chart, there is an attempt to stabilize after the previous decline. The price oscillates around 1.1547 with a slight upward trend. If the price breaks through 1.1560, a short-term rebound is possible. Key support remains at 1.1535, and resistance at 1.1565.

Options data indicates a strong bearish sentiment with a high put/call ratio of 2.78. The largest open put positions are at $105, suggesting that investors expect further decline in EUR/USD. Max Pain is at $108, indicating a potential stabilization level. High open interest on puts confirms selling pressure.

EUR/USD is in a clear downtrend, with key support at 1.1500. Upward bounces may be limited to 1.1600. Market sentiment is bearish, supported by options data and a low level of the fear and greed index. Key macro events may influence further price movement, with potential impacts from US data on further euro weakness.

On the daily chart of GBP/USD, we observe a clear downward trend, with current support around 1.3350. Recent candles indicate downward pressure, and key resistance is at the level of 1.3500. The current momentum suggests the possibility of further declines, especially if the support is broken. Technical indicators, such as RSI, suggest that the market may be oversold, which could lead to a short-term upward correction.

On the 4-hour chart, a continued downtrend is visible with local support at 1.3350. Recent candles suggest an attempt to bounce back, but resistance at 1.3400 may pose a challenge for bulls. Technical indicators, such as MACD, still indicate negative momentum. A break below the 1.3350 level could open the way for further declines towards 1.3300.

On the hourly chart of GBP/USD, we observe a short-term rebound from the level of 1.3350. The price is struggling with resistance at the level of 1.3400, which may be a key level to watch. Indicators such as the stochastic suggest a possible reversal at the overbought level, however, the overall sentiment remains negative. A breakout of resistance may lead to a short-term increase.

The 15-minute chart shows consolidation around the level of 1.3375. Technical indicators, such as RSI, signal that a slight rebound is possible; however, the dominance of supply remains evident. Current support is at 1.3360, and resistance is at 1.3400. Any break of these levels may indicate the direction of the short-term movement.

Options data indicates a clearly bearish sentiment with a high put/call ratio of 6.56. Open interest is dominated at the put levels, particularly at the strike of $130, which suggests that investors are hedging against further declines. Max pain is at the level of $130, which may act as a balance point in the short term. A large number of open positions on puts increases selling pressure on GBP/USD.

GBP/USD is under downward pressure with key support at 1.3350. Options data and overall sentiment suggest further declines, especially with a break of this support. Key levels to watch are 1.3350 as support and 1.3400 as resistance. For investors, upcoming macroeconomic events will be important as they may impact the volatility of the currency pair.

On the daily chart of AUD/USD, a strong upward trend is visible, which has encountered resistance around 0.7150. The price shows signs of consolidation after a strong rally, which may suggest a potential weakening of momentum. Support is located around 0.7050, which previously acted as a resistance level. Technical indicators suggest a possible correction, although the overall trend remains bullish.

On the 4-hour chart, it can be seen that the price is approaching support around 0.7110. The candlestick pattern suggests a possible bounce from this level; however, movements are limited by resistance at 0.7150. Technical indicators such as RSI are nearing neutral levels, which may indicate a temporary consolidation.

The hourly chart shows that the price is in a slight downtrend, oscillating around the level of 0.7120. Support at the level of 0.7100 is crucial for maintaining bullish sentiment. There is slight selling pressure observed, however, in the case of a rebound, resistance at the level of 0.7140 may be tested.

On the 15-minute chart, a consolidation with a slight downward trend is visible. The price oscillates around the level of 0.7120, with local support at 0.7115. Short-term indicators suggest a possible sideways movement, and the level of 0.7130 acts as the nearest resistance.

Options data for the FXA ETF indicates a strong bullish sentiment, with a predominance of call options over put options (Put/Call Ratio: 0.21). The highest interest is observed at strike levels of $66 and $70. Max Pain at $66 suggests that the price may trend towards this level. The options sentiment supports further increases, although current price levels indicate the possibility of a correction.

The overall sentiment for AUD/USD is bullish, supported by options and macroeconomic data. Key support levels are 0.7110 and 0.7050, while resistance is at 0.7150. In the short term, consolidation or correction is possible, but the long-term uptrend remains intact. Investors should monitor macroeconomic data from the USA that may impact the volatility of the pair.

On the daily chart of USD/JPY, an upward trend is ongoing, with the price oscillating around the level of 158.91. Recent candles indicate a possible consolidation below the level of 159.00, where the current resistance is located. Support can be identified around 157.00, which corresponds to earlier local lows. Volumes remain relatively stable, suggesting that market participants may be waiting for further macroeconomic impulses to determine the direction. A rise above 159.00 could open the way for testing higher levels, while a drop below 157.00 could indicate a deeper correction.

On the 4-hour chart, USD/JPY is in a correction phase after recent increases. The price is testing the current support area around 158.50. Resistance is located near 159.00, which corresponds to recent local highs. MACD and RSI indicate a potential weakening of bullish momentum, which may suggest further consolidation or a short-term decline. A break above the 159.00 level could indicate a continuation of the bullish trend.

The hourly chart shows that USD/JPY is in a short-term consolidation. The price oscillates around 158.90 with clear resistance at 159.00 and support at 158.50. Technical indicators, such as RSI, suggest a neutral sentiment, indicating a lack of clear direction. The current consolidation may be a pause before the next move. A break above 159.00 may attract more buyers, while a drop below 158.50 may increase selling pressure.

On the 15-minute chart, USD/JPY shows a tendency for short-term fluctuations in the range of 158.70-158.90. The price recently tested the lower support at 158.70, which may suggest attempts to rebound. The current low volatility may indicate the market's anticipation of macroeconomic data or other catalysts. In the event of a breakout above 158.90, a quick rise towards 159.00 is possible.

Option data for FXY indicates a moderately bullish sentiment with a put/call ratio of 0.67. Key call levels are $60 (+5.3% from ATM), suggesting a potential upside target for USD/JPY. Max Pain at $60 may indicate potential upward pressure. Volume and open interest for calls are higher than for puts, which may reflect greater interest in price increases.

USD/JPY shows a moderately bullish sentiment with resistance at 159.00 and support at 158.50. Short-term consolidation may lead to an upward breakout, in line with FXY option data indicating an increase. A key level to watch is 159.00, a breakout of which could open the way for further gains. Attention to macroeconomic data such as Unemployment Claims in the afternoon (Warsaw time), which may affect volatility.

On the daily chart of USD/CHF, consolidation is visible after the previous decline. Currently, the price oscillates around the level of 0.7817. The support area is at the level of 0.7700, and resistance is at 0.7900. The RSI is approaching the neutral zone, suggesting a lack of a clear trend. Moving averages may indicate a continuation of sideways movement if the price does not break through key levels.

On the 4-hour chart, the price of USD/CHF has bounced off support around 0.7700 and is heading towards resistance at 0.7850. Fresh gains on this timeframe may suggest an attempt to break upwards. The MACD indicates strengthening bullish momentum, which could support further gains if the resistance is overcome.

The hourly chart shows an upward trend with local support at the level of 0.7800. The price is oscillating near 0.7817, and short-term technical indicators, such as RSI, indicate the possibility of further increases. A breakout above 0.7830 may attract additional buyers.

On the 15-minute chart, there is upward pressure with local support around 0.7810. The price is moving within a narrow range, suggesting the possibility of short-term consolidation before further movement. MACD and RSI are in the neutral zone, which may indicate a lack of clear momentum in the near future.

Options data for FXF indicates a very bullish sentiment with a low put/call ratio (0.26). The greatest interest in call options is at levels $113 and $111, suggesting bullish expectations. The max pain level at $108 may indicate potential support in the event of declines. Open interest in put options is significantly higher, which may suggest protection against declines, but bullish expectations prevail.

The current sentiment for USD/CHF is moderately bullish with key support at 0.7700 and resistance at 0.7850. Options and technical data indicate the possibility of further gains, especially if the resistance is broken. The market remains cautious due to upcoming macro data. Key levels to watch are 0.7830 and 0.7900.

On the daily chart of USD/CAD, a consolidation pattern is visible after a sharp decline, suggesting a possible further move downwards. The current price is oscillating around the level of 1.3580, close to local support at 1.3550. Resistance is at the level of 1.3650, and a further decline may reach the next support around 1.3450. The sentiment is rather bearish, which is confirmed by the overall structure of lower highs and lows.

The 4-hour chart shows a clear sideways trend with slight downward pressure. The price is moving within a channel between 1.3550 and 1.3600. The recent bounce from the lower boundary suggests the possibility of testing the upper level, although the momentum is weak. A breakout below 1.3550 could trigger further selling.

On the hourly chart, there is slight upward pressure after the bounce from 1.3550, but the momentum is limited. The price is oscillating around 1.3580, with resistance at 1.3600. Technical indicators suggest possible further consolidation, but a break below 1.3550 could lead to faster moves downward.

The 15-minute chart shows low volatility with a slight upward trend. The price is moving within a narrow range of 1.3570-1.3590. Current support is at 1.3570, and resistance is at 1.3600. Momentum is moderate, suggesting the possibility of further movements within this range.

Current options data indicates a dominance of bearish sentiment with a high Put/Call Ratio of 2.12. The greatest interest in put options is at strikes $72 and $70, suggesting strong support in these areas. Max Pain at $72 suggests potential price attraction in that direction. High put open interest suggests the possibility of further downward pressure on USD/CAD.

USD/CAD is in a consolidation phase with a slight bearish bias. Key levels are support at 1.3550 and resistance at 1.3650. Options data and technical indicators suggest potential further declines, but the current consolidation may lead to short-term sideways movements. Important macro data, such as Unemployment Claims, may influence further price movements.