Morning market review - Thursday, May 28, 2026

On the daily chart, Bitcoin is in a downward correction after reaching a local peak around 84,000 USD. The current price is 72,789 USD, indicating a continuation of the downward trend. Support is around 70,000 USD, and resistance is at 77,000 USD. The increase in selling volume suggests the possibility of further weakening, although the RSI is approaching the oversold level, which may signal an upcoming upward correction.

On the 4-hour chart, a strong bearish momentum is visible, with a series of lower lows and highs. The price is approaching support at 72,000 USD, which may bring temporary consolidation or a rebound. Current resistances are at 75,000 USD. Technical indicators, such as MACD, indicate a continuation of the bearish trend, although a short-term rebound is possible.

The hourly chart shows a clear downward trend with short-term support at 72,500 USD. The price oscillates below the moving averages, indicating sustained selling pressure. The RSI and MACD indicators are in the oversold zone, which may suggest the possibility of a short-term rebound towards 73,500 USD; however, the dominant trend remains bearish.

On the 15-minute chart, Bitcoin is in a consolidation phase just below the level of 73,000 USD. Short-term support is at 72,800 USD, and resistance is at 73,200 USD. Technical indicators suggest a possible short breakout upwards in case of increased volume, however, the current setup indicates a dominance of supply.

Options data indicates a moderately bullish sentiment with a Put/Call ratio of 0.67. The largest open interest for calls is at the strike of 46 USD, suggesting potential upward pressure. Key supports are at 40 USD, which means that investors may expect declines towards this level. The high Max Pain level at 46 USD may suggest that the market could aim for this level in the near future.

The overall market sentiment is moderately bullish, with key support levels at 72,000 USD and resistances at 75,000 USD. Despite the downward trend on lower timeframes, options data and technical indicators suggest a possible short-term rebound. Key levels to watch are 72,000 USD as support and 75,000 USD as resistance. The bias remains neutral with a slight indication of a bullish correction.

On the daily chart of Ethereum (ETHUSD), we observe a continuation of the downward trend. The price is below the key support level at 2000 USD, which may suggest further selling pressure. The 50-day moving average is above the price, indicating bear dominance. In the coming days, it will be crucial to stay above the level of 1900 USD, as breaking below it could lead to further declines towards 1800 USD.

On the 4-hour chart, Ethereum continues its downward movement, with visible lower highs and lows. Currently, the price is approaching local support at the level of 1950 USD. A break of this level could accelerate the downward movement. The RSI is in the oversold zone, suggesting the possibility of a short-term rebound. Resistance at the level of 2050 USD remains key.

On the hourly chart, consolidation is visible after recent declines, with a support level at 1950 USD. The short-term trend remains bearish, but the RSI indicates possible market overselling. A potential rebound could encounter resistance around 2000 USD. Further declines may lead to a test of the 1900 USD level if selling pressure persists.

On the 15-minute chart, Ethereum shows signs of stabilization after sharp declines, but bearish pressure is still present. Key support is at the level of 1950 USD. If the price remains above this level, a short-term rebound towards 1980 USD is possible. A break below 1950 USD may lead to further declines towards 1920 USD.

Options data analysis indicates a very bullish sentiment with a PUT/CALL ratio of 0.43. The most open CALL positions are at levels of 16-20 USD, which translates to potential increases of up to 18% from the current price. The key "max pain" level is 16 USD, suggesting that market participants may aim for this level by the options expiration. Market expectations suggest a possible increase in ETH prices.

Ethereum remains in a downtrend, with key support at 1950 USD. The options sentiment is bullish, which may suggest a potential rebound. Key levels to watch are resistance at 2000 USD and support at 1900 USD. Pay attention to macroeconomic data that may impact market sentiment. The short-term bias remains bearish unless the price breaks through the resistance level.

On the daily chart, Gold XAUUSD continues its downward trend, with a clear emphasis on supply. The price has fallen below the key support level of 4450, which may suggest further weakening. We are observing a clear decline with the chart oscillating around 4380. If the trend persists, a further drop to levels around 4300 is possible. RSI and MACD indicate a continuation of the downward trend, but it is worth noting a potential reversal in the event of a sudden increase in buying volume.

On the 4-hour chart, consolidation is visible around 4380, with a slight bounce from the lower boundary. The price is moving below key moving averages, confirming the downward pressure. It is worth observing the reaction at the level of 4400, which may serve as short-term resistance. If it is breached, a corrective bounce towards 4450 is possible. On the other hand, further declines may lead to a test of the level of 4350.

On the hourly chart, Gold XAUUSD shows attempts to bounce off the local support level at 4380. However, the price remains in a downward trend, as confirmed by moving averages and oscillators. An important resistance level is 4400, and breaking through it may encourage buyers to enter the market in the short term. Otherwise, a further decline towards 4350 is possible.

The 15-minute chart shows a short-term rebound from the level of 4380, with an attempt to test the resistance at the level of 4390. The RSI indicates the possibility of a slight upward correction, however, the price remains under pressure at the resistance. In the case of a breakout above the level of 4390, a move towards 4400 is possible. Further declines below 4380 may strengthen the downward trend.

Options data for GLD shows a very bullish sentiment with a zero put/call ratio, suggesting a lack of interest in put options. Key call levels indicate bullish targets at 420 and 425, with high open interest. The maximum pain at 425 suggests that investors expect a potential rise to this level, which may indicate limited potential for further declines.

Gold XAUUSD is in a downtrend, with potential support at 4350. Key resistance is at 4400, a breakout of which could suggest a bullish correction. Market sentiment and options data are very bullish, which may limit further declines. It is important to observe reactions at levels 4350 and 4400, which will be crucial for the further price direction.

On the daily chart of XAGUSD, a clear downtrend is visible, with the price currently oscillating around 73.13 USD. Silver has fallen below the key support level of 75 USD, which may suggest further weakening. Moving averages indicate a dominance of bears, and oscillators such as RSI are in the oversold zone, which may signal a short-term rebound. The key resistance remains at the level of 75 USD, and support at 70 USD. Further decline below 70 USD may open the way to the level of 68 USD.

On the 4-hour chart of XAGUSD, there is an attempt to bounce off the level of 71.79 USD. The current upward movement may only be a correction in the dominant downward trend. Technical indicators, such as MACD, signal a possible reversal, but confirmation is needed with a breakout above 74 USD. Key resistance levels are 74 and 76 USD, while support is at 71 USD. Increased volatility may occur due to upcoming macro data.

On the hourly chart, a rebound from the lows at 71.79 USD is visible. The price has risen back to around 73.17 USD, but there is no clear upward trend. We are observing consolidation in the range of 72-74 USD. Indicators like RSI suggest potential exhaustion of the upward movement, which may lead to a test of lower support levels. Key support is at 72 USD, while resistance is at 74 USD.

On the 15-minute chart of XAGUSD, a short-term rebound is visible from the level of 71.79 USD to 73.17 USD. The price is moving within a narrow range, suggesting a possible consolidation. Currently, key levels are support at 72.50 USD and resistance at 73.50 USD. Indicators such as MACD and RSI are neutral, which may indicate a lack of clear direction in the short term.

Options for SLV indicate very bullish sentiment with a low put/call ratio of 0.38. The greatest interest in calls is visible at the strike of $70, suggesting an expectation for the price of XAGUSD to rise by about 5.3%. Max Pain at $70 supports the bullish scenario. Low interest in puts at the strikes of $60 and $64 indicates limited bearish expectations. High call volume suggests investors' belief in a potential rebound in silver prices.

The current sentiment on XAGUSD is mixed with short-term support at 71.79 USD and resistance at 74 USD. Options data suggests a bullish mood, however, technically the market remains in a downtrend. Key levels to watch are support at 70 USD and resistance at 75 USD. Upcoming macro events may increase volatility, and traders should be prepared for possible rapid price movements.

On the daily chart of the S&P 500, a clear upward trend is visible. The current price is around 7520, indicating a continuation of the increases that started a few months ago. The volume is relatively stable, suggesting that the current levels are acceptable for the market. Major resistance levels are around 7600, which could be the next target for the bulls. Support is around 7400, and breaking this level could change the short-term sentiment.

The 4-hour chart shows consolidation after recent gains. The price oscillates around 7520, with attempts to break upwards. Trading volume is moderate, which may suggest waiting for an external impulse, such as macroeconomic data. The nearest resistance levels are 7550, while support can be identified at 7450.

On the hourly chart, consolidation is visible in the range of 7500-7530. The movements are limited, indicating a potential preparation by the market for a larger move, likely in reaction to upcoming macroeconomic data. Key levels to watch are resistance at 7530 and support at 7500.

The 15-minute chart shows low volatility with local support at 7510 and resistance at 7530. The volume is low, which may suggest a lack of conviction in the short term. Investors may be waiting for economic data that could influence the short-term direction of the market.

Options data indicates a very bullish sentiment with a Put/Call ratio of 0, which means total dominance of calls. Key call levels are 750, 746, 751, 749, and 748, with significant open interest. Max Pain at 750 suggests that the market may aim for this level before the options expiration. The lack of interest on the put side indicates strong confidence in the continuation of the upward trend.

The S&P 500 is in a strong upward trend with key resistance at 7600 and support at 7400. Options data and the Fear & Greed Index suggest bullish sentiment. Expected macroeconomic data may introduce additional volatility. Investors should watch the levels of 7500 and 7530, which may be crucial for the short-term direction.

On the daily WTI chart, consolidation is visible in the range of 88-95 USD, suggesting that the market is seeking direction. Recent candles indicate buying pressure, with lower shadows signaling interest in purchasing at lower levels. The current support level is around 89 USD, while resistance remains at 95 USD. Technical indicators suggest a possible upward correction, but there are no clear directional signals. A breakout beyond the current range may establish a new trend.

The 4-hour chart shows a rebound from the lower boundary of consolidation at 89 USD. The price is gaining volume, which confirms market interest at current levels. The key resistance is at 92 USD, a breakout of which would open the way for further increases. The RSI indicates neutral conditions, which may suggest a continuation of the sideways trend unless a clear breakout occurs.

On the hourly chart, there is an attempt to reverse the downward trend, with local resistance at the level of 91 USD. The price has bounced off support at 89 USD and is currently testing higher levels. Momentum indicators are starting to take on bullish values, which may indicate a short-term upward move. Staying above 91 USD may confirm further growth.

The 15-minute chart shows high volatility with an attempt to break resistance at 91 USD. The price is consolidating before this level, and the increases are supported by rising volume. MACD and RSI on this timeframe indicate short-term bullish momentum. A breakout above the resistance at 91 USD could lead to a quick move towards 92 USD.

Options data for USO indicates a very bullish sentiment with a Put/Call Ratio of 0.00, suggesting a lack of interest in protection against declines. Key levels for call options are 150 USD, which corresponds to a 16.3% increase from the current price. Volume and Open Interest for call options are dominant, confirming the bullish attitude of investors. The maximum pain point is at 150 USD, which may act as a psychological target for the market.

Analysis indicates a bullish sentiment with key support levels at 89 USD and resistance at 95 USD. Options data supports the bullish scenario, with maximum pain at 150 USD. The short-term bias is moderately bullish, with potential to test higher levels if resistance at 91 USD is broken. Key macro events, such as GDP and PCE data, may influence market dynamics in the near future.

On the daily chart of EUR/USD, we observe a clear downtrend, approaching a key support level around 1.1550. The quotes remain below the moving averages, suggesting further selling pressure. Technical indicators, such as RSI, are in the oversold zone, which may suggest a possible short-term rebound. However, the overall sentiment remains negative, especially with rising expectations for a stronger dollar in light of upcoming macroeconomic data from the USA.

On the 4-hour chart, a descending channel is observed, with resistance around 1.1650 and support at 1.1550. Recent candles show an attempt to bounce back, but the strength of the bulls seems to be limited. Technical indicators suggest possible consolidation before further downward movement. A breakout above resistance at 1.1650 could indicate a short-term change in sentiment, but there are no clear signals of a trend reversal upwards.

The hourly chart shows a slight rebound from the level of 1.1580, but the growth dynamics are limited. The quotes are below the key resistance level of 1.1630, which maintains pressure for further declines. Oscillatory indicators, such as MACD, remain in the negative zone, suggesting a possible continuation of the downward trend. Monitoring the support levels at 1.1580 will be crucial in the coming hours.

On the 15-minute chart, a short-term rebound is visible; however, resistance at 1.1610 limits further increases. Technical indicators, such as RSI, suggest the possibility of a short-term correction but do not indicate a trend reversal. A move below 1.1580 could confirm further declines, while a breakout above 1.1610 could encourage further buying.

Options data for FXE indicates a strong bearish sentiment, with a high put/call ratio of 5.26. The Max Pain level is at 105, suggesting that the market anticipates further weakening. High open positions on puts at levels 105 and 107 may act as support levels. Conversely, lower call levels indicate limited faith in significant increases. Overall sentiment remains negative, which may suggest further weakening of EUR/USD.

The current sentiment on EUR/USD is clearly bearish, as confirmed by both technical analyses and options data. Key support levels are 1.1550 and 1.1580, while resistances are at 1.1630 and 1.1650. Further declines are possible, especially in light of upcoming macroeconomic data from the USA that could impact the strength of the dollar. Investors should be vigilant for a possible rebound, but the dominant trend remains downward.

On the daily chart of GBP/USD, we observe the formation of a downward trend. The price has dropped below 1.3450, suggesting the possibility of further declines towards the nearest support level at 1.3300. The volume is moderate, which may indicate the continuation of the current movement without major obstacles. Technical indicators, such as RSI, indicate undervaluation, but have not yet reached the oversold zone, leaving room for further declines.

The 4-hour chart shows that GBP/USD experienced a clear rebound from the level of 1.3380, which may indicate a short-term upward correction. However, the overall trend remains bearish, with key resistance at the level of 1.3500. If the price fails to break through this level, a retest of support at 1.3380 is possible. Technical indicators are neutral, suggesting the possibility of consolidation in the near future.

On the hourly chart, the GBP/USD rate bounced off the level of 1.3380 and is currently testing resistance at 1.3440. The increase was accompanied by increased volume, which may indicate buyer interest. If the price breaks through 1.3440, a further upward move to 1.3500 is possible. Otherwise, in the case of rejection, the price may return to 1.3380. Technical indicators show a slight advantage for the bulls.

The 15-minute chart shows a dynamic rebound from 1.3380 with a quick move up to 1.3440. Volume increased during this move, suggesting possible interest from buyers. The price is currently consolidating below 1.3440, which may indicate preparation for the next move. Key support is at 1.3400, and a breakout above 1.3440 may open the way for further gains.

Options data for FXB indicates a strong bearish sentiment with a Put/Call Ratio of 3.92. High open interest in put options at the $128 and $125 levels suggests significant support in these areas, corresponding to the 1.3400-1.3350 levels on GBP/USD. Max Pain at $128 suggests that the price may oscillate around this level before the options expire. This data supports a bearish sentiment for GBP/USD, with limited upside potential.

GBP/USD is under bearish pressure with a possible further decline to 1.3300. A short-term rebound faces resistance at 1.3440. Key support levels are 1.3380 and 1.3400. Options data confirms the bearish sentiment. Key levels to watch are 1.3300 as support and 1.3500 as resistance. The bias remains slightly bearish, with possible corrections upward.

On the daily chart of AUD/USD, we observe consolidation after a previous upward impulse. The price has stopped around 0.7120, which may indicate a temporary stabilization. The nearest support is around 0.7050, and resistance is about 0.7300. Technical indicators suggest a possible correction, but there is no clear signal of a trend change. Sideways movement may continue until a stronger macroeconomic impulse appears.

On the 4-hour chart, selling pressure is visible, resulting in a drop to the level of 0.7100. The current structure indicates a potential technical rebound, but there are no clear signals of a trend reversal. Key support is at 0.7080, and resistance is at 0.7150. A breakout of either of these levels may determine the further direction.

On the hourly chart of AUD/USD, it can be seen that the price near the level of 0.7120 is a correction after a recent decline. We are currently observing an attempt to bounce off the local support at 0.7100. Momentum indicators are starting to signal a possible rebound, however, confirmation is needed through increases above 0.7150.

The analysis of the 15-minute chart shows a temporary attempt to bounce off the support level of 0.7100. Currently, the price is oscillating in a narrow range, and the lack of a clear direction suggests the possibility of further consolidation. Key levels are 0.7100 as support and 0.7130 as resistance.

Options on the FXA ETF indicate a moderately bullish sentiment with a put/call ratio of 0.61. The highest interest in open interest at $69 suggests support, which aligns with the max pain level. High open interest at $70 and $72 indicates potential upside targets, although still within the range of minor changes. The current options setup may support stabilization or slight upward corrections.

The current situation on AUD/USD indicates a continuation of consolidation with the possibility of a bullish correction, supported by options sentiment. Key levels are 0.7100 as support and 0.7150 as resistance. Macroeconomic events, such as GDP results and the PCE index, may trigger larger moves. Market sentiment remains moderately bullish, which may favor increases; however, confirmation is needed by breaking through key resistances.

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On the daily chart of USD/CHF, we observe a strong upward movement towards the resistance level at 0.7900. This level has previously acted as a barrier, and a breakout above it could open the way for further gains. Technical indicators suggest bullish momentum, but the proximity of the resistance indicates the possibility of consolidation or a pullback before further upward movement. Support is located at 0.7800, which is a key point for maintaining the current upward trend.

On the 4-hour chart of USD/CHF, we see the recent upward movement that encountered resistance around 0.7900. Technical indicators are beginning to suggest a possible correction; however, the overall trend remains bullish. There is potential for a retest of support around 0.7850, which could be a bounce point for further increases. A breakout above 0.7900 may confirm the continuation of the upward movement.

On the hourly chart of USD/CHF, we observe a correction after the previous upward impulse. The price has fallen below 0.7880, indicating a temporary weakening. Support is around 0.7850, and its maintenance may be crucial for further growth. Indicators suggest a possibility of reversal, but confirmation is necessary through higher candle closes.

On the 15-minute chart of USD/CHF, a clear pullback is visible after reaching the level of 0.7900. The price is testing local support at 0.7870, and a clear rebound from this level may suggest a short-term upward move. Technical indicators indicate the possibility of consolidation in the range of 0.7870-0.7880 before the next move.

Options data for the ETF FXF indicates a very bullish sentiment with a Put/Call ratio of 0.47. Key call levels reflect expectations for an increase in USD/CHF, with the highest interest at the $140 strike, suggesting expectations for significant gains. Open interest for calls is significantly higher than for puts, which reinforces bullish expectations. The Max Pain indicator is at $140, which may indicate a long-term growth target.

The current sentiment for USD/CHF is bullish, with key resistance at 0.7900. A breakout of this level could initiate further gains, with the next target at 0.8000. Support is located at 0.7850, which is crucial for maintaining the upward trend. Options data and technical indicators support bullish expectations, however, upcoming macro events may introduce volatility.

On the daily chart of USD/CAD, a clear upward trend is visible, which started after a previous correction. Currently, the price is approaching resistance at 1.3900, which may pose a challenge for the continuation of the uptrend. Technical indicators suggest further strength of the bulls; however, the appearance of candles with long upper shadows may signal the possibility of a short-term correction. Key support is located around 1.3700, which may serve as a turning point in the event of declines.

On the 4-hour chart of USD/CAD, consolidation is visible after recent increases. The price oscillates near the level of 1.3850. Momentum indicators are neutral, suggesting a temporary slowdown in movement dynamics. A breakout above the level of 1.3880 could open the way to testing higher resistances. Short-term support is at the level of 1.3780, and its loss could initiate a correction.

The hourly chart shows an attempt to bounce back after a slight decline from around 1.3870. The price is currently in a short-term upward channel. The key resistance is now at 1.3860, and breaking this level could contribute to further gains. On the other hand, a drop below 1.3820 may encourage sellers to take further action. Technical indicators suggest possible strengthening, as long as the bulls maintain pressure.

On the 15-minute chart, a correction is visible after previous increases. The price is bouncing off the support level at 1.3830, but the momentum is weakened. A breakout of the level at 1.3845 may signal short-term buying opportunities. The support at 1.3820 should be closely monitored, as its loss could lead to further depreciation.

Options data indicates a very bullish sentiment with a low put/call ratio of 0.09. Strong interest in call options above the current price suggests expectations for further increases in USD/CAD. Key call levels are 1.3880 and 1.3950, indicating potential upward targets. On the other hand, the put level at 1.3700 may serve as support in the event of a correction. The overall options structure suggests that investors are preparing for further strengthening of the US dollar.

USD/CAD in an uptrend with a clear bullish sentiment. Key resistance is at 1.3900, support at 1.3700. Further strengthening is possible, but caution is advised for a short-term correction. Options data and technical indicators support the bullish outlook. Monitoring key price levels will help determine the further direction of movement.