Morning market review - Thursday, May 14, 2026

On the daily chart, Bitcoin is moving in an upward trend, but it encounters resistance around 82,000 USD. Recent increases indicate a rebound from the support level of 75,000 USD. The trading volume is moderate, suggesting the possibility of trend continuation, but with limited momentum. An important level to watch is 80,000 USD, which may serve as psychological support. The RSI indicates a neutral zone, leaving room for further upward movements.

On the 4-hour chart, it can be seen that Bitcoin is trying to consolidate in the range of 78,000 - 81,000 USD after the recent increase. Moving averages suggest a short-term bullish trend, however, the growth momentum is limited. A breakout above the resistance at 81,000 USD could open the way for further increases, while a drop below 78,000 USD may signal a correction towards 75,000 USD.

On the hourly chart, Bitcoin shows signs of consolidation, with a slight increase in volume at the level of 79,500 USD. The price is moving within a narrow range, which may suggest preparations for a larger move. Technical indicators, such as MACD, show decreasing bullish momentum. Key levels to watch are 80,000 USD as resistance and 78,500 USD as support.

The 15-minute chart shows volatility with fluctuations in the range of 79,000 - 79,800 USD. Increased volume is observed at the lower end of this range, suggesting a potential rebound. Short-term indicators point to a possibility of a slight increase, but the lack of a clear direction may lead to further consolidation.

Options data indicates a moderate bullish sentiment, with a Put/Call ratio of 0.79. Key resistance levels for Call options are 45 USD (+1.1% from ATM) and 50 USD (+12.4% from ATM), suggesting expectations for increases. Support is at the 45 USD level for Put options, which aligns with the Max Pain level. The observed volume of Call options exceeds that of Put options, further indicating investor optimism.

Bitcoin maintains a moderate upward trend, with key support levels at 78,000 USD and resistance at 81,000 USD. Market sentiment is moderately optimistic, supported by options data. Technical indicators suggest the possibility of further consolidation before a potential breakout. Monitoring key levels and high-impact macroeconomic data will be crucial for the short-term direction of the market.

On the daily chart of Ethereum, there is a consolidation in the range of 2200-2400 USD. The price oscillates around 2268 USD, indicating a lack of a strong trend. Support is located around 2200 USD, while resistance is at 2400 USD. The current sentiment, supported by the Fear & Greed index, suggests moderate optimism. The volume remains stable, which may indicate the market's anticipation of a macroeconomic or technical impulse.

On the 4-hour chart of Ethereum, short-term price fluctuations are visible with clear support at the level of 2240 USD. Recent candles indicate an attempt to bounce back, but the lack of a decisive increase in volume suggests caution among investors. Short-term resistance at the level of 2320 USD may pose a barrier to further gains.

The hourly chart shows a local recovery, with the price bouncing off the support level at 2240 USD. The price is approaching 2300 USD; however, further increases may be hindered by a lack of clear volume growth. Technical indicators suggest the possibility of a short-term upward movement, but without strong market conviction.

The 15-minute chart shows increased volatility around 2260 USD. Support at 2250 USD is being tested, while resistance at 2280 USD remains in play. Short-term investors may expect movements in both directions, given the lack of clear market signals.

The current Put/Call ratio at 0.41 indicates a dominance of Call options, which aligns with a very bullish sentiment. Resistance levels according to Call options are at 18 USD (+8.8% from ATM) and 19 USD (+11.8% from ATM). However, the high open interest at 10 USD (-41.2% from ATM) indicates investor concerns about potential declines. Overall, options suggest a bullish sentiment, but with some caution.

Ethereum is oscillating between 2200 and 2400 USD, with a short-term bullish bias supported by options data. Key levels are support at 2240 USD and resistance at 2320 USD. Sentiment is moderately optimistic, but investors remain cautious due to potential macroeconomic changes. The market lacks a clear impulse, which may lead to further consolidation.

On the daily chart of XAUUSD, it can be seen that the price of gold is oscillating in consolidation, maintaining a range of 4600-4800. Recent candles indicate an attempt to break through resistance around 4700, but there is a lack of a clear upward impulse. The RSI is in a neutral area, suggesting a lack of clear dominance from either side of the market. Key support is at the level of 4600, and resistance is at 4800. Currently, there is no strong trend, which may discourage investors from taking new positions.

On the 4-hour chart of XAUUSD, a short-term consolidation around the level of 4700 is visible. Technical indicators such as MACD and RSI indicate a lack of clear momentum. The price encounters resistance around 4720, while support can be located at 4650. The current structure suggests the possibility of further consolidation unless a stronger external impulse occurs, such as macroeconomic data.

On the hourly chart of XAUUSD, the price is moving in a narrow range of 4680-4700. We are observing slight attempts to break above 4700, but there is a lack of volume confirming the move. The RSI and MACD indicators also do not indicate an advantage for buyers. A key breakout above 4720 is crucial, as it could open the way for further increases.

On the 15-minute chart of XAUUSD, increased volatility is visible around the level of 4700. The price is bouncing off the lower support at 4685, but there is a lack of clear direction. Fast indicators, such as RSI, suggest the possibility of a short-term upward correction. Key levels to watch are 4690 as support and 4710 as resistance.

Options data for GLD shows a very bullish sentiment with a zero put/call ratio and significant open interest on calls. Key strike levels are $400 and $405, indicating bullish expectations for XAUUSD. The maximum pain at $400 suggests support that investors may consider. Low volume on puts confirms a lack of interest on the bearish side, which may indicate further upward pressure in the short term.

Analysis indicates a neutral sentiment with a possible slight upward pressure, supported by options data. Key resistance levels are 4720 and 4800, while support levels are 4680 and 4600. Macroeconomic data may introduce volatility, but currently, there is no clear trend. The bias is slightly bullish, especially with the support of options market data.

On the daily chart of XAGUSD, there is a clear upward trend, with the price oscillating around the level of 87.33 USD. Recent candles indicate the possibility of a continuation of the increases, with key resistance at around 92.00 USD, which represents a local maximum. Support is located around 84.00 USD, which could be a potential rebound point in the event of a correction. The current candle arrangement suggests market strength, and increased volume activity may confirm buyer interest.

On the 4-hour chart, silver shows consolidation after recent increases. The price is around 87.26 USD, with short-term support at 86.50 USD and resistance at 88.50 USD. The current consolidation indicates possible accumulation before the next move. The oscillators remain in the neutral zone, suggesting a lack of strong momentum in one direction. It is worth watching for a breakout from this range, which could set the direction for the upcoming sessions.

The hourly chart of XAGUSD suggests a slight downward pressure, with the price oscillating around 87.26 USD. Support is located at 87.00 USD, while resistance is at 87.75 USD. Moving averages indicate a slowdown in the growth rate, which may suggest the possibility of a short-term correction. Further observations of price behavior near support may provide clues regarding a potential rebound.

The 15-minute chart indicates a temporary selling pressure, with the price testing support at 87.20 USD. Resistance is visible at 87.40 USD. Moving averages suggest that the price remains in a slight downtrend. Volume indicates reduced interest, which may lead to further consolidation in the short term.

Options data for SLV indicates a very bullish sentiment, with a put/call ratio of 0.00, which means there is no interest in put options. Call options dominate, with key levels at 75 USD and 80 USD, indicating expectations for further increases. High open interest in call options suggests that investors are prepared for a continuation of silver's rise.

Analysis indicates a bullish sentiment for silver, supported by a very bullish options sentiment. Key support levels are 86.50 USD and 87.00 USD, while resistances are at 88.50 USD and 92.00 USD. The current consolidation may be an accumulation before further increases, however, upcoming macroeconomic data will be significant as it may affect market volatility. The bias remains upward.

On the daily chart of the S&P 500 (SPX), we observe a continuation of the strong upward trend. The current price is 7444.26, which means an increase of 0.58% in the last session. The index is above key moving averages, suggesting further upside potential. Technical indicators, such as RSI, may be approaching overbought levels, which could indicate a need for a correction. Support is at 7350, and resistance is at 7460.04, as seen on the chart.

The 4-hour chart shows that the S&P 500 continues to maintain a strong bullish trend, despite a slight correction of -0.05% to the level of 7444.26. Recent candles indicate possible exhaustion of buyers, but support at the level of 7400 seems to be strong. The upward momentum is still present, which could lead to further increases if resistance at the level of 7460 is broken.

On the hourly chart, we can see that the S&P 500 is holding in a narrow range around 7440-7460. The last few hours have brought a slight correction, but the support at 7420 is holding effectively. The RSI indicators are neutral, suggesting the possibility of further sideways movements with the potential for a breakout upwards if bullish sentiment persists.

The 15-minute chart shows consolidation in a narrow range between 7440 and 7460. We are observing slight fluctuations; however, the technical indicators remain neutral. The lack of a clear direction suggests that investors may be waiting for upcoming macroeconomic data before making further trading decisions.

Option data indicates a very bullish sentiment with a put/call ratio of 0.00. The call volume is 108495, and there are no puts, confirming the dominance of bulls. Key call levels are 738, 739, 736, 735, and 737, suggesting potential upward targets. The maximum pain point is at 738, which could act as a magnet for the price. The overall picture is very optimistic, suggesting further increases.

S&P 500 shows a strong upward trend with support at 7420 and resistance at 7460. Options data and sentiment indicate further upside potential, however, short-term overbought conditions may lead to a correction. Key levels to watch are 738 as maximum pain and 7460 as resistance. The overall bias remains bullish, supported by options data.

On the daily chart of WTI, we observe consolidation around the level of 100 USD. The price is moving within the range of 95-105 USD, which suggests a lack of a decisive direction. Technical indicators indicate a neutral sentiment, although bearish pressure is noticeable at the resistance level of 105 USD. Decreased volume suggests that investors may be waiting for new macroeconomic impulses to determine the direction of further movement.

On the 4-hour chart, a recent correction from the level of 104 USD to the current 100 USD is noticeable. Currently, the price is testing support around 99 USD. Moving averages indicate slight downward pressure, but there is a lack of a decisive trend. Key support levels are at 98 USD, while resistance is at 104 USD. Observing the market's reaction to these levels will be important for further movements.

The hourly chart shows a local bounce after the drop to 99 USD, but there are no strong signals for a clear rebound. Momentum indicators remain neutral, and trading volume is low. Key levels will be 99 USD as support and 101 USD as resistance. A breakout of either of these levels may indicate the short-term direction.

On the 15-minute chart, there is an attempt at a local bounce from the level of 100 USD. However, the momentum is weak, which may suggest further consolidation in a narrow range. The intraday support and resistance levels are 99.80 USD and 101 USD, respectively. Short-term signals indicate the possibility of further sideways movement.

Options data shows a very bullish sentiment with a Put/Call ratio at 0.00. Strong interest in Call options at strikes of 140 and 145 USD indicates expectations for further increases. The maximum pain at 145 USD suggests that investors may aim to close prices around this level. The lack of Put option volume confirms positive sentiment. Open interest is concentrated on higher strikes, which may support further increases in oil prices.

The sentiment in the WTI oil market is positive, as confirmed by options data and a low Put/Call ratio. Key resistance levels are 104 and 105 USD, while support is around 98-99 USD. Considering the current macroeconomic data and sentiment, there is a greater chance for increases, although short-term consolidation is not excluded. Macroeconomic events later in the day may influence the direction of prices.

On the daily chart of EUR/USD, consolidation is visible around 1.1700-1.1800, suggesting that the market is looking for direction after the previous rebound from the level of 1.1500. Trading volume is moderate, which may indicate caution among investors ahead of upcoming macroeconomic events. Key resistances are around 1.1850, while support is at the level of 1.1650. Moving averages may suggest a neutral trend, with a slight upward tendency if the rate remains above 1.1700.

The 4-hour chart shows that EUR/USD is in a short-term uptrend that started from a low of 1.1600. Currently, the price is testing resistance at 1.1750. A breakout of this level could open the way for further gains towards 1.1800. On the other hand, support at 1.1650 remains crucial for maintaining the current trend.

On the hourly chart, it can be seen that EUR/USD is trying to break through resistance at 1.1720, which may indicate further increases in the short term. Technical indicators, such as RSI, suggest room for further gains, but the proximity of resistance indicates the possibility of a short-term correction. Support is located around 1.1700, which is an important defense level for bulls.

The 15-minute chart indicates volatility around 1.1715, with visible attempts to break resistance. A short correction to the level of 1.1700 is possible, where support is located. Increased volume activity at this level may suggest a desire for defense by bulls. The short-term sentiment appears to be neutral with a slight advantage for buyers.

Options data for FXE indicates a very bullish sentiment, with a low put/call ratio of 0.26. The highest activity among call options occurs at levels $106 and $109, suggesting expectations for EUR/USD to rise to these levels. Key support for puts is at the level of $105. Max Pain at $109 may indicate potential target price movements in an upward direction, which aligns with the very bullish market sentiment.

EUR/USD shows signs of bullish sentiment, supported by very bullish options data for FXE. Key support levels are 1.1650 and 1.1700, while resistances are 1.1750 and 1.1800. A breakout above 1.1750 could lead to further gains, while a drop below 1.1700 may suggest a correction. The overall market bias remains bullish, as confirmed by both technical and options data.

On the daily interval, GBP/USD remains in consolidation between 1.3500 and 1.3700. The current rate oscillates around 1.3527, suggesting a neutral sentiment. The bullish momentum from February has weakened, and technical indicators like RSI and MACD indicate the possibility of further consolidation. Key support is located at 1.3500, while resistance can be found around 1.3700.

On the 4-hour chart of GBP/USD, there is visible short-term downward pressure. The price is testing the lower boundaries of the sideways channel around 1.3520. Recent candles indicate a lack of a decisive direction, and a break of support at 1.3500 may open the way for further declines. Resistance levels are visible at 1.3600.

The hourly chart shows an attempt to bounce off the support at 1.3520, but the momentum is weak. A failed breakout of this level could lead to testing 1.3550 as the nearest resistance. If buyers dominate this level, further upward movement is possible. The current price action suggests more of a consolidation than a clear trend.

On the 15-minute chart, GBP/USD is oscillating in a narrow range of 1.3515-1.3530, indicating low volatility. Indicators like RSI may suggest a slight upward movement, but there are no clear trading signals. It is worth watching the price reaction at the level of 1.3530 as a potential breakout point.

Options data for FXB indicates a neutral sentiment with a Put/Call ratio of 0.97. Key call option levels are 130 and 131, suggesting moderate bullish expectations. On the put side, the highest open positions indicate level 130 as key support. Max Pain at level 130 suggests that the price may oscillate around this level until the options expire.

GBP/USD remains in consolidation with key levels at 1.3500 as support and 1.3700 as resistance on the daily timeframe. In the short term, downward pressure is visible on the 4-hour chart, but momentum is weak. Options data suggests a neutral sentiment with the price possibly remaining around the 1.3500-1.3700 level. Attention to today's macroeconomic data, which may affect volatility.

On the daily chart of AUD/USD, there is a continuation of the upward trend, with clear support around 0.7150. The price oscillates around 0.7260, suggesting possible further increases. Technical indicators are positive, supporting the bullish scenario. A break above the level of 0.7300 could open the way for further appreciation. It is worth monitoring macroeconomic data from the USA, which may affect the dynamics of the exchange rate. The medium-term trend remains bullish, but a correction is possible in the event of negative signals from the market.

On the 4-hour chart of AUD/USD, consolidation is visible in the range of 0.7240-0.7280. A breakout above the upper limit could indicate further increases. Support is located around 0.7220, which serves as a short-term base for bulls. Momentum indicators remain in the neutral zone, suggesting a lack of a clear direction. It is worth monitoring the developments in macroeconomic events that may affect volatility.

The hourly chart shows a local uptrend, with key support at 0.7245. The price is oscillating around 0.7260, suggesting possible attempts to continue the upward movement. However, the RSI and MACD indicators indicate potential exhaustion of buying power. A possible breakout above the level of 0.7275 could open the way to new highs. It is worth monitoring data from the USA, which may impact the market.

On the 15-minute chart of AUD/USD, a short-term consolidation is visible. The price oscillates in a narrow range of 0.7250-0.7270. Technical indicators, such as RSI, suggest the possibility of a short-term downward correction. Key supports are at the levels of 0.7250, while resistances are at 0.7270. The current situation requires attention, especially in the context of upcoming macro data releases.

Option data indicates a moderately bullish sentiment, with a Put/Call Ratio of 0.59. The highest open call positions are at the $72 level, suggesting expectations for increases. The $72 strike is also the Max Pain level, which may act as a price magnet. Option supports are at the $68 level, which may limit declines. Overall, the sentiment remains positive, supporting a bullish scenario.

The overall bias for AUD/USD remains moderately bullish, with key support at 0.7150 and resistance at 0.7300. Options data and market sentiment indicate a bullish advantage; however, upcoming macro data may impact volatility. It is worth monitoring the level of 0.7275 as a key short-term resistance. A correction is possible in the event of negative surprises from the U.S. market.

On the daily chart of USD/JPY, we see that the pair is moving in an uptrend, although the recent candles indicate some consolidation near the level of 158.00. The current support is at the level of 156.00, and resistance is near 159.00. The RSI is in the neutral zone, suggesting the possibility of further consolidation before the next move.

On the 4-hour chart of USD/JPY, we observe an attempt to break the resistance at the level of 158.00, which, however, was unsuccessful. The short-term support is at 157.50, while the resistance remains at the level of 158.00. The MACD is close to the signal line, indicating a lack of clear momentum.

The hourly chart shows that USD/JPY is moving in a narrow range. Recent candles indicate increasing selling pressure below the level of 158.00. Support at 157.50 is crucial, and a break below could direct the pair towards 157.00. Currently, there is a lack of strong momentum in either direction.

The 15-minute chart indicates consolidation just below the 158.00 level. Short-term support is at 157.70, while resistance remains at 158.00. Trading volume is low, suggesting that market participants are waiting for an impulse for a larger move.

Options data from FXY indicates a very bullish sentiment with a low put/call ratio of 0.10. The largest open interest is at the level of $58, suggesting that investors expect this level to be maintained. High open interest at $59 and $60 also indicates expectations of increases. Max Pain at $58 suggests the possibility of price stabilization in this area.

The overall bias for USD/JPY is neutral with a slight indication of increases, considering the options data and general market sentiment. Key levels are support at 157.50 and resistance at 158.00. In the case of a breakout above resistance, the target could be 159.00. Macroeconomic events, such as retail sales data, may introduce volatility to the market.

On the daily chart of USD/CHF, a continuation of the downward trend that started in April is visible. The current price is around 0.7800, which is close to the support level of 0.7750. Technical indicators suggest oversold conditions, but there are no clear reversal signals. Key resistances are 0.7900 and 0.8000, which may pose a challenge for bulls. In the event of a break below the current support, a test of the level 0.7650 is possible.

On the 4-hour chart, there is an attempt to bounce off the level of 0.7800, but the upward movements are limited by resistance at 0.7850. The structure indicates a possible consolidation in the range of 0.7750–0.7850. Momentum is weak, suggesting a lack of a decisive direction in the short term. Investors will watch the level of 0.7750 as a key support.

The hourly chart shows that USD/CHF is in a short-term consolidation. The price oscillates in a narrow range of 0.7800–0.7820. Oscillatory indicators are neutral, confirming the lack of a clear direction. A breakout above 0.7820 could open the way to test 0.7850, while a drop below 0.7800 increases the chances of further declines towards 0.7750.

On the 15-minute chart of USD/CHF, there is local selling pressure visible. The price tested the support level at 0.7800, and the momentum indicates the possibility of a breakout. Technical indicators are in the oversold zone, which may suggest a short-term rebound. Key levels to watch are 0.7810 on the resistance side and 0.7780 on the support side.

Current options data on FXF shows a neutral sentiment with a put/call ratio of 0.84. The greatest interest is visible at the strike of $114 with maximum pain at $114, suggesting a potential cap on short-term gains. Support levels at $111 and $112 indicate possible barriers to declines. Overall call option volume exceeds puts, which may suggest slightly bullish expectations in the longer term.

USD/CHF remains in a downtrend with key support at 0.7750 and resistance at 0.7850. Market sentiment is mixed with a slight advantage for call positions in options. Key levels to watch are 0.7750 on the support side and 0.7900 on the resistance side. Attention should be paid to upcoming macro data that could trigger larger price movements.

On the daily chart of USD/CAD, consolidation is visible in the range of 1.3650-1.3750. Recent candles indicate an attempt to bounce towards the upper boundary of this range, which may suggest further buying pressure. The key resistance level is 1.3800, where the chart has previously recorded several reactions. Support is located around 1.3600. The overall trend remains sideways, but a break above 1.3800 could open the way for further increases.

On the 4-hour interval, USD/CAD continues a sideways movement with a slight upward slope. Currently, the price oscillates around 1.3700, which represents a local resistance. Moving averages indicate weakening upward momentum, which may lead to a short-term correction. Support is located at the level of 1.3650, and its breach may bring the price down to around 1.3600.

The hourly chart shows consolidation in a narrow range of 1.3680-1.3720. Movements are limited, and volume is decreasing, which may indicate a lack of decisiveness among market participants. In the event of a breakout above 1.3720, a test of 1.3750 can be expected. Conversely, a drop below 1.3680 may lead to a test of support at 1.3650.

On the 15-minute interval, the price of USD/CAD is in a consolidation phase near the level of 1.3700. Fast oscillators indicate a neutral sentiment, and low volume suggests a possible breakout soon. Key support and resistance levels are 1.3690 and 1.3710, respectively, which may provide short-term signals to enter the market.

Options data for FXC indicates a very bullish sentiment with a low put/call ratio of 0.24. The dominance of call options, especially at strikes of $72 and $81, suggests bullish expectations. The max pain at $81 indicates that we can expect upward movement attempts in the near future. Volume and open interest are significantly higher for call options, which confirms the current market sentiment.

USD/CAD remains in consolidation with a slight bullish bias. Key resistance levels are 1.3750 and 1.3800, which may be tested in the event of further increases. Support is found at 1.3650. Options data suggests a bullish sentiment with growth potential, which aligns with the overall market sentiment. Careful observation of reactions at key price levels will be crucial for the further direction.