AnalysisETHEREUM

Morning market review - Tuesday, June 2, 2026

Technical analyses of 12 instruments with options data

Kacper MrukJune 2, 2026Updated: June 2, 20261 min read

The morning on the markets is dominated by a sense of greed, which is reflected in the Fear & Greed Index, currently at 59. The current Fed interest rate stands at 3.50-3.75, and investors are eagerly awaiting the next FOMC meeting scheduled for June 17, 2026. Today, particular attention should be paid to the speech of the BOE governor, Andrew Bailey, which may influence the pound's quotes. In this analysis, we will take a look at twelve instruments, analyzing their potential movements in the context of current market events.

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Bitcoin - Daily Chart (D1)

Bitcoin - Daily Chart (D1)

On the daily chart of BTCUSD, a continuation of the downward trend is visible. The price is approaching support at the level of 70,000 USD, which may serve as a psychological defense level for the bulls. The 50-day moving average is above the price, highlighting the downward pressure. The RSI is nearing the oversold level, which may suggest a possible rebound, but so far there are no signs of buying strength.

Bitcoin - 4H Chart

Bitcoin - 4H Chart

The 4-hour chart shows a strong downward trend, where the price of BTCUSD has failed to hold above 71,000 USD. The next support is close to 70,000 USD. The candlestick formation indicates a lack of buying strength, and the MACD remains in the negative zone. Further decline is possible unless a sudden buying impulse occurs.

Bitcoin - 1H Chart

Bitcoin - 1H Chart

On the hourly chart of BTCUSD, there is a dynamic decline with resistance at 71,000 USD. The price oscillates around 70,160 USD, which may suggest short-term consolidation before the next move. The volume is moderate, and the RSI indicates an oversold area, which may favor short-term rebounds.

Bitcoin - 15-minute chart

Bitcoin - 15-minute chart

The 15-minute chart shows a continuous decline with slight attempts at a rebound. The price oscillates below 70,200 USD, and the volume remains moderate. The RSI remains in the oversold zone, which may suggest a possible short-term correction, but the downward trend dominates.

Bitcoin - Options data

Current options data indicates a prevailing bearish sentiment with a PUT/CALL ratio of 1.05. Key support levels are at 42 USD for IBIT, which translates to about a 5% increase relative to ATM. Max Pain at 42 USD suggests possible consolidation around this level. Overall options activity indicates greater interest on the put side, which may suggest ongoing concerns about declines.

Bitcoin - Summary

Bitcoin is under bearish pressure with key support at 70,000 USD. Market sentiment remains negative, as confirmed by options data and the fear and greed index at 59 (greed). In the event of a rebound, resistance is at 71,000 USD. Macroeconomic data may influence the further direction, but for now, concerns about further declines prevail.

Ethereum - Daily Chart (D1)

Ethereum - Daily Chart (D1)

On the daily chart of ETHUSD, a continuation of the downward trend that started at the end of April is visible. The price oscillates around the level of 1983 USD, and the nearest support is at the level of 1900 USD. Resistance is visible around 2100 USD. Moving averages indicate further selling pressure, which confirms the bearish sentiment also visible in the options data.

Ethereum - 4H Chart

Ethereum - 4H Chart

On the 4-hour chart of ETHUSD, the price is testing the lower boundaries of the recent downtrend channel. In the last sessions, there was an attempt to bounce back, but upward movements are limited by resistance at 2000 USD. Moving averages show a downward trend, and trading volume remains relatively low.

Ethereum - 1H Chart

Ethereum - 1H Chart

On the hourly chart, a short-term consolidation around the level of 1980 USD can be observed. The price is moving in a narrow range of 1970-2000 USD. The RSI is in a neutral area, suggesting a lack of clear direction. The key support level is 1970 USD, and the resistance is 2000 USD.

Ethereum - 15min Chart

Ethereum - 15min Chart

The 15-minute chart shows price fluctuations in the range of 1975-1985 USD. We observe low volatility and a lack of clear buy or sell signals. The current consolidation may suggest preparation for a larger move, but there are no clear indications regarding the direction.

Ethereum - Options data

Options data shows that the put/call ratio at 1.66 indicates a dominance of put options. The largest open call positions are at strikes $16 and $17, which may act as resistance in the event of a price increase. Key put levels are at strikes $15 and $14, suggesting support close to the current price. Max pain at $16 indicates a potential price tendency towards this level.

Ethereum - Summary

Chart analysis suggests a bearish sentiment on ETHUSD with a downward trend dominating on higher timeframes. Key support levels are 1970 and 1900 USD, while resistance levels are 2000 and 2100 USD. Options data confirms the dominance of put options. The overall bias remains negative, although a short-term rebound within consolidation is possible.

Gold - Daily Chart (D1)

Gold - Daily Chart (D1)

On the daily chart of XAUUSD, a downward trend is visible, which has been ongoing for several months, although recent sessions indicate an attempt at consolidation near the level of 4533. Key support is located around 4400, while resistance is at the level of 4700. Technical indicators show that the price may attempt a rebound, but the overall sentiment remains negative in the long term. It is worth monitoring price behavior at the mentioned levels, which may suggest further movements.

Gold - 4H Chart

Gold - 4H Chart

On the 4-hour chart of XAUUSD, a short-term bullish impulse is noticeable, which may suggest a rebound from recent lows. The price has broken through local resistance at 4530, which may open the way for further increases towards 4600. However, if the price falls below 4500, it may signal a return to the bearish trend. Momentum indicators indicate moderate buying strength.

Gold - 1H Chart

Gold - 1H Chart

On the hourly chart, it can be seen that XAUUSD experienced a dynamic rebound, with clear support at the level of 4510. Currently, the price is approaching resistance at the level of 4550. If it is broken, further increases towards 4600 are possible. The RSI indicators show that the instrument is close to overbought levels, which may suggest the possibility of a short-term correction.

Gold - 15min Chart

Gold - 15min Chart

On the 15-minute chart of XAUUSD, there is strong buying pressure, which has led to a breakout above 4530. Momentum indicators are positive, but the RSI suggests a possible short-term overbought condition. Key support is at 4520, and resistance is at 4550. If it stays above 4530, further short-term increases are possible.

Gold - Options data

Option data for GLD indicates a very bullish sentiment with a zero put/call ratio. Key call option levels suggest potential upside targets: $425, $420, and $443, which translates to gains on OANDA:XAUUSD. The volume of call options is significantly higher than put options, suggesting an advantage for buyers. The max pain level at $425 indicates that investors may seek to keep the price below this level, which could limit gains.

Gold - Summary

In the technical context and options data, the sentiment for gold is bullish, with potential short-term rebound. Key support levels are 4510 and 4400, with resistances at 4550 and 4700. With strong support in the options data and an overall bullish sentiment, further increases are expected if the price stays above 4530. However, it is worth monitoring macroeconomic events that may affect market volatility.

Silver - Daily Chart (D1)

Silver - Daily Chart (D1)

On the daily chart of XAGUSD, silver shows signs of consolidation in the range of 72-80 USD. The current price is around 76.60 USD, indicating an upward movement in recent days. Key support is at the level of 72 USD, and resistance is at 80 USD. Short-term moving averages indicate a potential continuation of the upward trend, which is confirmed by increasing volume. Technical indicators, such as RSI, do not yet show signs of overbought conditions, suggesting the possibility of further increases.

Silver - 4H Chart

Silver - 4H Chart

On the 4-hour chart, silver has moved above the level of 76 USD, indicating bullish momentum. The current upward movement may encounter resistance around 78 USD. Indicators such as MACD signal a bullish trend, and the increase in volume supports this direction. Key support is at the level of 74 USD, which previously acted as resistance. A break of this level may confirm further increases.

Silver - 1H Chart

Silver - 1H Chart

On the hourly chart of XAGUSD, the bullish momentum is clear, with the price holding above 76 USD. The recent upward move may encounter resistance around 77 USD. The RSI and MACD indicators indicate buyer strength, although the RSI is approaching overbought levels, which may suggest a short-term correction. Support is located at 75.50 USD, which is an important level for bulls.

Silver - 15min Chart

Silver - 15min Chart

On the 15-minute chart, silver shows a strong upward trend, with the price remaining above 76.50 USD. The increase is accompanied by increased volume, which supports further gains. The nearest resistance is at 77 USD, and support is at 76 USD. Technical indicators suggest the possibility of continued increases, but a short-term correction cannot be ruled out.

Silver - Options data

Options data for SLV indicates a very bullish sentiment, with a low put/call ratio of 0.03. The highest open call positions are at strike levels of $70 and $72, suggesting market expectations for further increases. The maximum pain level is at $70, which may lead to increases towards this level. Low interest in put options indicates limited expectations for declines.

Silver - Summary

Silver XAGUSD has a bullish bias on all analyzed timeframes, supported by positive options sentiment. Key levels are support at 72 USD and resistance at 80 USD. Options data and technical indicators suggest the possibility of further increases, although a short-term correction may occur. Monitoring the level of 77 USD as a potential resistance is important for further price movements.

S&P 500 - Daily chart (D1)

S&P 500 - Daily chart (D1)

On the daily chart of the S&P 500, a clear upward trend has been visible for several months. Recent sessions have been characterized by high volatility, but the price remains close to local highs at 7599.95. The increases are supported by rising volume, suggesting further growth potential. Key support is located around 7400, which previously acted as resistance. We expect that as long as the price remains above this level, the upward trend should continue.

S&P 500 - 4H Chart

S&P 500 - 4H Chart

On the 4-hour chart, the S&P 500 continues its upward movement, but the pace of growth is slightly slowing down. The price is fluctuating in a narrow range close to 7600, which may suggest the formation of a consolidation pattern. Short-term support is at 7500, and resistance is at 7650. A breakout of either of these levels may indicate the further direction of movement.

S&P 500 - 1H Chart

S&P 500 - 1H Chart

The hourly chart shows that the S&P 500 has reached a local maximum and is currently testing the resistance level around 7600. Staying above 7550 is crucial for further gains. The current fluctuations may indicate an attempt to break through the resistance or a correction towards the support level at 7500. The hourly volume is moderate, suggesting investor uncertainty.

S&P 500 - 15-minute chart

S&P 500 - 15-minute chart

On the 15-minute chart, short-term fluctuations around the level of 7600 are visible. The price is moving within a narrow range, suggesting a lack of a decisive direction. Key support is at the level of 7575, and resistance is at 7620. A breakout of either of these levels may indicate the short-term direction of the market.

S&P 500 - Options data

Option data indicates a very bullish sentiment with a put/call ratio of 0.00. Call volume is significantly higher than put volume, confirming the optimism of market participants. The maximum pain point is at 755, suggesting that the market may aim for this level in the short term. Key call levels at 755 and 750 may act as resistances, while the lack of activity on puts indicates limited support below the market price.

S&P 500 - Summary

The S&P 500 is in an upward trend with key support at 7500 and resistance at 7650. Options data suggest further upside potential with maximum pain at 755. The bias remains bullish, although local consolidation may slow the pace of growth. Key levels to watch are 7550 as support and 7600 as resistance. Macroeconomic events may influence short-term market fluctuations.

Oil - Daily Chart (D1)

Oil - Daily Chart (D1)

On the daily chart of WTI, we observe a downward trend after reaching peaks around 115 USD. The current price hovers around 91.60 USD, which serves as a support level. The RSI is approaching the oversold level, which may suggest a potential rebound. Key resistances are 95 USD and 100 USD, which may pose obstacles to increases. The trend is still negative, but the reduced downward momentum may suggest consolidation.

Oil - 4H Chart

Oil - 4H Chart

On the 4-hour chart of WTI, we see the formation of lower highs and lows, confirming a downward trend. Current resistance is at 94 USD, and support is at 90 USD. Stochastic is oscillating in the neutral zone, which may indicate a possible continuation of consolidation before further movement. We are observing a decrease in volume, which may suggest a lack of a decisive market direction.

Oil - 1H Chart

Oil - 1H Chart

The hourly chart shows a short-term sideways trend with slight fluctuations around 91.60 USD. The RSI is in the neutral zone, suggesting a lack of clear momentum. Key levels are 92 USD as resistance and 90 USD as support. The absence of a clear direction may encourage waiting for a breakout in either direction.

Oil - 15min Chart

Oil - 15min Chart

On the 15-minute chart, we observe a slight rebound from the level of 91 USD, but the movements are limited. Stochastic indicates a possible short-term overbought condition, which may lead to a correction. Key levels are 92 USD as resistance and 91 USD as support. Movements are limited, and the volume is low, indicating potential consolidation.

Oil - Options data

Options data indicates a moderately bullish sentiment with a Put/Call Ratio of 0.69. Key Call levels are 135 USD (+1.5%) and 140 USD (+5.3%). The highest Put interest is at 120 USD (-9.8%), consistent with Max Pain. Call volume exceeds Put volume, which may suggest expectations for increases. However, high OI at Put levels indicates significant support in the event of declines.

Oil - Summary

The current sentiment in the WTI market is mixed with a short-term sideways trend. Key support levels are 90 USD, while resistances are 92 USD and 95 USD. Options data suggests a moderately bullish outlook, but high OI on Puts indicates significant support. The market is expected to consolidate before breaking out in either direction.

Euro/Dollar - Daily Chart (D1)

Euro/Dollar - Daily Chart (D1)

On the daily chart of EUR/USD, there is consolidation around the level of 1.1650. The currency pair is below the moving averages, which suggests that the long-term trend is still bearish. There is strong resistance around 1.1800, while support can be located at 1.1500. Technical indicators, such as RSI, are approaching neutral levels, which may indicate a possible continuation of consolidation before a larger directional move.

Euro/Dollar - 4H Chart

Euro/Dollar - 4H Chart

On the 4-hour chart of EUR/USD, we observe an attempt to break above the level of 1.1650. Short-term technical indicators are beginning to suggest a possible bullish momentum, with the RSI trending upwards. However, breaking the resistance at 1.1700 is crucial for confirming further upward movement. Support is located around 1.1600, which will be key for defending the current structure.

Euro/Dollar - 1H Chart

Euro/Dollar - 1H Chart

The hourly chart shows that EUR/USD is trying to hold above 1.1640, which may indicate a short-term upward movement. The upward momentum is supported by an increase in volume; however, the level of 1.1670 represents the nearest test for the bulls. If this level is broken, further growth towards 1.1700 is possible. Support at 1.1615 remains significant for maintaining the current trend.

Euro/Dollar - 15-minute chart

Euro/Dollar - 15-minute chart

On the 15-minute chart, we see that EUR/USD is holding above 1.1645, indicating short-term strength. The upward trend is supported by higher lows and highs. Key resistance is at 1.1660, and breaking it could open the way for further gains. Support at 1.1630 will be crucial for bulls to maintain the current momentum.

Euro/Dollar - Options data

Options data for FXE indicates a neutral sentiment with a PUT/CALL ratio of 0.90. The largest open interest on the put side is at the $107 strike, suggesting support close to the current price levels. Meanwhile, the most calls are at the $113 strike, indicating potential upward targets in the event of a breakout. The maximum pain for the market is at the $107 level, which may act as a price magnet in the short term.

Euro/Dollar - Summary

EUR/USD shows signs of consolidation with short-term bullish momentum. Key resistance levels are 1.1670 and 1.1700, while support is at 1.1600 and 1.1630. Options data indicates a neutral sentiment with slight support at $107 for FXE. The overall bias remains unclear, with the possibility of short-term gains if key resistances are broken.

Pound/Dollar - Daily Chart (D1)

Pound/Dollar - Daily Chart (D1)

On the daily chart of GBP/USD, we observe consolidation in the range of 1.3400-1.3550. The price recently bounced off the lower boundary, suggesting a possible test of resistance at 1.3550. The overall trend remains neutral, and the moving averages indicate a lack of clear direction. Breaking the level of 1.3550 will be crucial to maintain upward momentum.

Pound/Dollar - 4H Chart

Pound/Dollar - 4H Chart

On the 4-hour chart, it can be seen that the GBP/USD rate is moving in an upward channel. The last upward move encountered resistance around 1.3480, which may suggest a short-term pullback to support at 1.3400. MACD and RSI indicate the possibility of further consolidation.

Pound/Dollar - 1H Chart

Pound/Dollar - 1H Chart

The hourly chart shows a strong bullish impulse with a test of the level 1.3480. Support is located at the level 1.3440. Technical indicators, such as RSI, are approaching the overbought area, which may suggest a correction towards support before a potential next move upward.

Pound/Dollar - 15-minute chart

Pound/Dollar - 15-minute chart

On the 15-minute chart, a dynamic increase is visible with a local peak at 1.3475. Currently, the price is oscillating around this level, which may indicate short-term resistance. Support is at 1.3460, suggesting the possibility of consolidation before the continuation of the movement.

Pound/Dollar - Options data

Options data indicates a clearly bearish sentiment with a high put/call ratio of 4.10. The largest open interest at put levels is at the strike of $128, suggesting key support for FXB. The max pain at $128 also indicates a possible market equilibrium point. The options sentiment supports a bearish scenario.

Pound/Dollar - Summary

Current technical analysis and options data suggest a bearish sentiment for GBP/USD. Key resistance levels are at 1.3480-1.3550, while support levels are at 1.3440 and 1.3400. The options sentiment is bearish, with a key support level at $128 for FXB. The speech of the BOE governor may influence further movements. The bias is slightly bearish in the short term.

Australian Dollar/Dollar - Daily Chart (D1)

Australian Dollar/Dollar - Daily Chart (D1)

On the daily chart of AUD/USD, a continued uptrend is visible, although the recent candles indicate some uncertainty. The pair is consolidating around the level of 0.7176 with potential support at 0.7100 and resistance around 0.7250. Volume is stable, suggesting the possibility of further consolidation before a potential breakout. The MACD remains above the signal line, which may indicate the persistence of positive market sentiment.

Australian Dollar/Dollar - 4H Chart

Australian Dollar/Dollar - 4H Chart

On the 4-hour chart of AUD/USD, we observe consolidation in the range of 0.7150-0.7200. Recent candles indicate upward pressure with an attempt to break above 0.7200. The RSI is approaching overbought levels, which may suggest a short-term slowdown in gains. Key support is at 0.7150, with resistance at 0.7200.

Australian Dollar/Dollar - 1H Chart

Australian Dollar/Dollar - 1H Chart

The hourly chart shows an upward momentum with a clear breakout above the level of 0.7170. Fresh gains may continue, however, the RSI indicates potential overbought conditions in the market. Currently, the key support level is 0.7160, and the resistance is at 0.7190. The bullish sentiment is supported by positive price action and increasing volume.

Australian Dollar/Dollar - 15min Chart

Australian Dollar/Dollar - 15min Chart

On the 15-minute chart of AUD/USD, a dynamic increase is visible from the level of 0.7150 to 0.7180. Short-term technical indicators suggest a potential correction, with RSI in the overbought zone. Key support is at 0.7165, with resistance at 0.7185. Rapid changes in volume may indicate increased volatility in the near future.

Australian Dollar/Dollar - Options Data

Option data indicates a moderately bullish sentiment with a Put/Call Ratio of 0.53. The Max Pain level at $69 suggests short-term support. A large open interest at $69 for put options indicates significant support near this level. Strikes at $71 and $72 are key levels for call options, which may suggest potential upside targets.

Australian Dollar/Dollar - Summary

Short-term sentiment for AUD/USD is bullish, supported by positive options data and upward price action. Key support levels are 0.7150 and 0.7160, while resistance levels are 0.7200 and 0.7250. Moderate market optimism may be supported by macroeconomic data; however, upcoming events could introduce greater volatility.

Dollar/Yen - Daily Chart (D1)

Dollar/Yen - Daily Chart (D1)

On the daily chart of USD/JPY, we observe a continuation of the upward trend. The current price is around 159.70, close to previous highs. The candles show bullish strength, suggesting possible further increases. Key support is at 158.00, and resistance is at 160.50. The RSI is near the overbought level, which may indicate a possible correction, however, the current momentum remains positive.

Dollar/Yen - 4H Chart

Dollar/Yen - 4H Chart

On the 4-hour chart, the price is maintaining within an upward channel. Recent candles indicate consolidation around the level of 159.70. Support is at 158.50, while local resistance is around 160.00. The current sentiment is bullish, although there is a potential slowdown in the upward momentum.

Dollar/Yen - 1H Chart

Dollar/Yen - 1H Chart

The hourly chart shows the price maintaining itself within a narrow range between 159.50 and 159.80. Technical indicators suggest a temporary balance of forces, with a possible breakout upwards if the resistance at 159.80 is broken. Support at this interval is at the level of 159.50.

Dollar/Yen - 15min Chart

Dollar/Yen - 15min Chart

The 15-minute chart indicates low volatility with consolidation in a narrow range. The price oscillates around 159.70, with local supports and resistances at 159.60 and 159.80. Current movements are limited, which may suggest waiting for new market impulses.

Dollar/Yen - Options data

Option data for FXY indicates a strong bullish sentiment with a very low put/call ratio of 0.12. The highest interest in calls is at the strike of $58, which corresponds to an increase in USD/JPY of about 1.8%. High open interest at call levels may indicate investors' expectations for further increases in the value of USD/JPY. The key max pain level is $58, which may act as a short-term target for growth.

Dollar/Yen - Summary

Analysis of USD/JPY indicates a dominance of bulls, with key resistances at 160.00 and supports at 158.50. Options data supports the bullish scenario, with high interest at call levels. The sentiment of greed and low put/call ratio confirm the positive attitude of investors. However, it is worth monitoring potential correction signals with RSI close to overbought. The bias remains bullish, with the possibility of further gains.

Dollar/Franc - Daily Chart (D1)

Dollar/Franc - Daily Chart (D1)

Error generating D1 analysis for USD/CHF

Dollar/Franc - 4H Chart

Dollar/Franc - 4H Chart

Error generating H4 analysis

Dollar/Franc - 1H Chart

Dollar/Franc - 1H Chart

Error generating H1 analysis

Dollar/Franc - 15min Chart

Dollar/Franc - 15min Chart

Error generating M15 analysis

Dollar/Franc - Summary

Error generating summary

Dollar/Canadian Dollar - Daily Chart (D1)

Dollar/Canadian Dollar - Daily Chart (D1)

On the daily chart of USD/CAD, it is evident that the pair is in an upward phase, approaching key resistance around 1.3850. Previous highs in this area may pose a challenge for further gains. Moving averages indicate a continuation of the upward trend, but the RSI is nearing overbought levels, which may suggest a potential correction downward.

Dollar/Canadian Dollar - 4H Chart

Dollar/Canadian Dollar - 4H Chart

On the 4-hour chart, the USD/CAD pair is maintaining an upward trend, creating higher lows and highs. The current resistance level is at 1.3850, while support is at 1.3750. Technical indicators, such as MACD, signal the potential for further increases; however, volume is starting to decline, which may suggest a possible weakening of the trend.

Dollar/Canadian Dollar - 1H Chart

Dollar/Canadian Dollar - 1H Chart

The hourly chart shows that USD/CAD is oscillating around the level of 1.3830. The recent bounce from 1.3800 suggests an attempt to maintain the bullish trend. The area of 1.3850 remains a key resistance, and breaking this level could open the way for further gains. Momentum indicators are neutral, which may indicate a temporary suspension of market decisions.

Dollar/Canadian Dollar - 15-minute chart

Dollar/Canadian Dollar - 15-minute chart

On the 15-minute chart, consolidation is visible around 1.3830. Short-term support is at 1.3820, and resistance is at 1.3840. Technical indicators, such as RSI, are neutral, suggesting a lack of clear direction in the short term. A slight upward correction is possible if resistance is broken.

Dollar/Canadian Dollar - Options Data

Put/Call ratio of 0.13 indicates a strongly bullish sentiment. The dominance of call options suggests expectations of increases, with key levels at $75 and $80. Max pain at $70 may act as support. High open interest at the $70 level in put options indicates significant support in this area. Call volume exceeds put volume, confirming the bullish sentiment of market participants.

Dollar/Canadian Dollar - Summary

USD/CAD shows a bullish sentiment across all timeframes with key resistance at 1.3850. Options indicate further increases, with significant support at 1.3750. Market sentiment is bullish, which supports potential tests of higher levels. However, technical indicators suggest a possibility of a correction if the resistance is not broken. Key levels are 1.3750 as support and 1.3850 as resistance.

Frequently Asked Questions

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

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