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Morning market review - Wednesday, June 24, 2026

Technical analyses of 12 instruments with options data

Kacper MrukJune 24, 2026Updated: June 24, 20261 min read

Morning Market Overview

The morning market overview indicates a prevailing mood of caution, with the Fear & Greed index at 28, suggesting a dominant atmosphere of fear. In the context of monetary policy, the Fed's interest rate currently stands at 3.50-3.75%, and the next FOMC meeting is scheduled for July 29, 2026. Today, we will pay special attention to macroeconomic data from Australia, including CPI indicators, which may impact the market. In our analysis, we will discuss 12 key instruments and their potential reactions to today's events.

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Bitcoin - Daily Chart (D1)

Bitcoin - Daily Chart (D1)

On the daily chart, Bitcoin is in a downtrend, confirmed by lower highs and lows. The price oscillates around the level of 62,700 USD, which serves as local support. The volume is relatively low, indicating a lack of strong interest from buyers. Key resistances are at the levels of 65,000 USD and 68,000 USD. If the support at 62,000 USD is broken, further decline towards 60,000 USD is possible.

Bitcoin - 4H Chart

Bitcoin - 4H Chart

The 4-hour chart shows consolidation after previous declines, with a clear resistance at the level of 63,500 USD. The price is bouncing off the lower boundary, which may suggest an attempt at a short-term rebound. However, a break below 62,000 USD could increase selling pressure. The RSI is neutral, which does not provide clear indications regarding the further direction of movement.

Bitcoin - 1H Chart

Bitcoin - 1H Chart

On the hourly chart, Bitcoin is oscillating in a narrow range, with local support at 62,600 USD and resistance at 63,000 USD. The lack of a clear direction suggests that the market is waiting for an external impulse. The RSI indicates a neutral zone, which may mean a lack of strength from both buyers and sellers. An increase in volume could be a signal for a breakout from this range.

Bitcoin - 15-minute chart

Bitcoin - 15-minute chart

The 15-minute Bitcoin chart shows short-term consolidation with a slight increase in the last candles. The current resistance is located at 62,800 USD, and support is at 62,600 USD. Movements are limited, and volume remains low, which may signal a lack of interest from intraday traders.

Bitcoin - Options data

Options data suggests a supply advantage with a PUT/CALL ratio of 1.06, indicating a dominance of put options. The largest open interests at the PUT levels are at 34 USD, reflecting pessimistic sentiment. MAX PAIN at 34 USD suggests that the price may aim for this level to reduce profits for option holders. The options sentiment remains bearish, which may influence further selling pressure in the market.

Bitcoin - Summary

Bitcoin remains under selling pressure, as confirmed by both technical analyses and options data. Key support is at 62,000 USD, with resistance at 63,500 USD. Market sentiment is bearish, and the Fear & Greed Index at 28 indicates investor fear. Further declines are possible if current supports are broken, and options data suggest a move towards the MAX PAIN level at 34 USD.

Ethereum - Daily Chart (D1)

Ethereum - Daily Chart (D1)

On the daily chart, Ethereum is in a downtrend, with clear resistance around the 1800 USD level. The current price is around 1671 USD, indicating consolidation after previous declines. Technical indicators may suggest a potential rebound, but there is a lack of a strong buy signal. Key support is visible at the 1600 USD level, and resistance at 1750 USD. If the downtrend continues, the price may test lower support levels.

Ethereum - 4H Chart

Ethereum - 4H Chart

On the 4-hour chart, there is a consolidation pattern with a slight increase in volume in recent sessions. The price is bouncing off the lower support at 1650 USD and heading towards 1700 USD, which may indicate a short-term reversal. Momentum indicators are beginning to suggest a potential breakout, but confirmation above 1700 USD is needed to validate the strength of the buyers.

Ethereum - 1H Chart

Ethereum - 1H Chart

The hourly chart shows slight increases, with local support at the level of 1660 USD. The price is forming above the moving average, which may suggest a short-term increase. The trading volume is rising, which may indicate increased interest in the market. Key resistance levels to watch are 1700 USD, which may determine the further direction of movement.

Ethereum - 15-minute chart

Ethereum - 15-minute chart

On the 15-minute chart, the price of Ethereum shows increased volatility with local support at 1665 USD. Short-term technical indicators are neutral, although buy signals are emerging in the form of increased volume. Key levels to watch are 1675 USD as resistance and 1660 USD as support. In the short term, quick moves in both directions are possible.

Ethereum - Options data

Option data for the ETF ETHA indicates a moderately bullish sentiment with a put/call ratio of 0.65. A high open interest at 14 USD suggests that investors are anticipating a potential rebound. The max pain level is 14 USD, indicating that most options would expire worthless if the market reaches this price. A high volume of calls suggests that investors are more inclined to bet on increases.

Ethereum - Summary

Ethereum is in a consolidation phase with a potential short-term rebound. Key support levels are 1660-1650 USD, and resistance levels are 1700-1750 USD. The options sentiment is moderately bullish, which may support the rebound; however, the overall market sentiment remains in the fear zone. Investors should monitor the reaction at the 1700 USD levels to assess the strength of a potential breakout.

Gold - Daily Chart (D1)

Gold - Daily Chart (D1)

On the daily chart of XAUUSD, a clear downward trend is visible, which has been ongoing for several months. Gold is oscillating below 4100, which is a significant resistance level. The current price is around 4094, suggesting a possible further move down unless a bounce occurs from support. Technical indicators suggest that selling pressure may persist, but the RSI indicates a possible market oversold condition, which could lead to a short-term bounce.

Gold - 4H Chart

Gold - 4H Chart

On the 4-hour chart, we see a continuation of the downward trend with possible attempts at correction. The price has broken below 4100 and is testing lower support levels. We are observing increased volatility and volume in recent sessions, which suggests a possible approach to a turning point. Key support is located around 4080, and resistance at 4120.

Gold - 1H Chart

Gold - 1H Chart

The hourly chart shows a short-term bounce from the level of 4080, but the price is still struggling with resistance at 4100. Trading volume is increasing as it approaches this level, which may suggest heightened trading activity. Technical indicators are mixed, which may suggest consolidation before a breakout in one direction.

Gold - 15min Chart

Gold - 15min Chart

On the 15-minute chart, we see an attempt to break the resistance at 4100, but the price quickly returned below this level. Currently, the price oscillates around 4093, and the trading volume remains high. The short-term trend may be neutral with a slight indication of further declines if the resistance at 4100 remains unbroken.

Gold - Options data

The options data for GLD indicates a very bullish sentiment with a zero put/call ratio. High open positions on call options, particularly at strikes 409 and 400, suggest expectations for increases. The key max pain level at 409 also indicates a possible upward move, although the current fear in the market may limit the growth dynamics.

Gold - Summary

The current sentiment in the gold market is mixed. The long-term downtrend dominates, but very bullish options data and possible market overselling may suggest a potential rebound. Key support levels are 4080, while resistance levels are 4100 and 4120. Short-term movements may be limited by the current fear in the market, reflected in the Fear & Greed Index.

Silver - Daily Chart (D1)

Silver - Daily Chart (D1)

Error generating D1 analysis for Silver XAGUSD

Silver - 4H Chart

Silver - 4H Chart

Error generating H4 analysis

Silver - 1H Chart

Silver - 1H Chart

Error generating H1 analysis

Silver - 15min Chart

Silver - 15min Chart

Error generating M15 analysis

Silver - Summary

Error generating summary

S&P 500 - Daily Chart (D1)

S&P 500 - Daily Chart (D1)

On the daily chart of the S&P 500, a correction is visible after a previous strong increase, indicating a potential weakening of the upward momentum. The current level of 7365 is below the last maximum, suggesting the possibility of further correction. Key support is located around 7200, while resistance is at 7500. The volume is relatively high, which may indicate increased activity from sellers.

S&P 500 - 4H Chart

S&P 500 - 4H Chart

The 4-hour chart shows a continuation of declines from the local peak. The price is approaching local support at the level of 7300. If this level is broken, it could lead to further declines. Technical indicators suggest ongoing selling pressure, although a short-term consolidation is possible before further movement.

S&P 500 - 1H Chart

S&P 500 - 1H Chart

On the hourly chart, there is visible selling pressure that has pushed the price below 7400. There is a possibility of testing support at the level of 7350. Technical indicators, such as RSI, suggest that the market may be temporarily oversold, which could lead to a short-term rebound.

S&P 500 - 15-minute chart

S&P 500 - 15-minute chart

The 15-minute chart shows the formation of a short-term downward trend with resistance at the level of 7400. The current consolidation may indicate an attempt to bounce, however, the lack of clear increasing volume suggests that this movement may be limited.

S&P 500 - Options data

Options data shows a very bullish sentiment with high call option volume and zero put option volume. Key call option levels are concentrated around 750, which aligns with the maximum pain level. This may suggest that the market expects a rise towards 7500 on SPX. High open interest in call options supports expectations of further increases.

S&P 500 - Summary

The overall market sentiment is mixed, with downward pressure on lower time frames but bullish options data. Key support is at 7300, and resistance is at 7500. Considering the options data and the low Fear & Greed index, a rebound is possible, but short-term selling pressure may limit gains.

Oil - Daily Chart (D1)

Oil - Daily Chart (D1)

On the daily chart (D1), WTI continues its downward trend, approaching a key support level around 70 USD. The current price of 72.53 USD suggests that the bears still have the upper hand, and the lack of a clear rebound may lead to further declines. The RSI is in the oversold zone, which may suggest a possible upward correction; however, the absence of clear reversal signals keeps the pressure on further declines.

Oil - 4H Chart

Oil - 4H Chart

On the 4-hour (H4) chart, the price is consolidating in a narrow range between 72 and 74 USD, which may suggest a potential breakout. We are observing low volatility and decreasing volume, which may indicate upcoming dynamic price movements. A breakout above 74 USD could initiate a short-term rebound, while a drop below 72 USD would confirm a further downward trend.

Oil - 1H Chart

Oil - 1H Chart

The hourly chart (H1) shows that WTI is in a local consolidation with clear resistance at 73 USD and support at 72 USD. Moving averages indicate a bearish dominance, and the lack of clear buying strength limits potential rebounds. An increase in volume with a move below 72 USD may accelerate declines.

Oil - 15-minute chart

Oil - 15-minute chart

On the 15-minute chart (M15), the price oscillates close to 72.50 USD, showing signs of weakness. Short-term resistance is at 73 USD, while support is around 72.30 USD. A divergence in the RSI may signal a short-term rebound, but a lack of clear momentum may limit the upside potential.

Oil - Options data

Options data for USO indicates a moderately bullish sentiment with a PUT/CALL ratio of 0.79. The largest open positions for CALL options are observed at levels of 125 USD and 120 USD, which may indicate upward targets. The PUT side has significant support at the level of 116 USD, which coincides with the max pain level. Overall, the volume of CALL options exceeds that of PUT options, which may suggest expectations for increases, but uncertainty is still present.

Oil - Summary

The current bias in the WTI market is bearish, with prices in a downward trend approaching key support at 70 USD. A short-term rebound is possible, but there are no clear signals of a trend reversal. Key resistance levels are 73 USD and 74 USD, while support levels are 72 USD and 70 USD. Options data indicate a potential for growth, but the current sentiment remains cautious.

Euro/Dollar - Daily Chart (D1)

Euro/Dollar - Daily Chart (D1)

Error generating D1 analysis for EUR/USD

Euro/Dollar - 4H Chart

Euro/Dollar - 4H Chart

Error generating H4 analysis

Euro/Dollar - 1H Chart

Euro/Dollar - 1H Chart

Error generating H1 analysis

Euro/Dollar - 15-minute chart

Euro/Dollar - 15-minute chart

Error generating M15 analysis

Euro/Dollar - Summary

Error generating summary

Pound/Dollar - Daily Chart (D1)

Pound/Dollar - Daily Chart (D1)

On the daily chart of GBP/USD, a continuation of the downtrend is visible, with the price oscillating around 1.3200. Recent candles show lower highs and lows, suggesting further selling pressure. Key support is at 1.3100, and resistance is at 1.3350. Technical indicators, such as RSI, indicate a possibility of approaching oversold levels, which may suggest potential consolidation or a short-term rebound.

Pound/Dollar - 4H Chart

Pound/Dollar - 4H Chart

The 4-hour chart shows that GBP/USD is in a clear downtrend with short-term corrections upward. The price is approaching support at 1.3150. Significant resistance is at 1.3250. Current candlestick formations and volume suggest the possibility of consolidation before the next move down.

Pound/Dollar - 1H Chart

Pound/Dollar - 1H Chart

On the hourly chart of GBP/USD, there are attempts to bounce off the level of 1.3180, however, there is a lack of clear bullish momentum. Short-term resistance is at 1.3220, while support is at 1.3160. Technical indicators, such as MACD, remain in the bearish zone, which may suggest further downward pressure.

Pound/Dollar - 15-minute chart

Pound/Dollar - 15-minute chart

On the 15-minute chart of GBP/USD, there is a short-term consolidation in the range of 1.3180-1.3200. The current price action suggests a lack of strong directional moves. A break below 1.3180 could open the way for further declines, while above 1.3200 a short-term rebound may occur.

Pound/Dollar - Options data

Option data for FXB indicates a dominance of put positions with a high put/call ratio of 3.53, suggesting bearish sentiment. Key support levels are strikes at $122 and $123, with high volume and open interest. In contrast, call levels are less significant with lower open interest. Max Pain at $122 may suggest that market participants could expect further declines.

Pound/Dollar - Summary

The sentiment on GBP/USD is bearish, as confirmed by options data and technical charts. Key support is at 1.3100, while significant resistance is at 1.3350. In the short term, consolidation is possible, but the dominant sentiment suggests further downward pressure. Investors should monitor price reactions near key support and resistance levels for further clues.

Australian Dollar/Dollar - Daily Chart (D1)

Australian Dollar/Dollar - Daily Chart (D1)

On the daily chart of AUD/USD, there is a clear downward trend that began in mid-March 2026. The currency pair has broken through several key support levels, including 0.7000, which suggests a continuation of selling pressure. The current price level of 0.6906 is approaching the next support around 0.6850. The RSI is in the oversold zone, which may suggest a possibility of a short-term rebound, however, the overall sentiment remains negative.

Australian Dollar/Dollar - 4H Chart

Australian Dollar/Dollar - 4H Chart

The 4-hour chart shows a continuation of declines, with short periods of consolidation. Recent candles indicate increased volatility and selling pressure around 0.6900. Technical indicators, such as MACD, indicate sustained bearish momentum. The nearest resistance is at 0.6950, and support is around 0.6870, which may limit short-term movements.

Australian Dollar/Dollar - 1H Chart

Australian Dollar/Dollar - 1H Chart

On the hourly chart, AUD/USD indicates an attempt to stabilize around 0.6900 after a series of lower lows and highs. The current candles show some indecision, which may herald a correction upwards. However, as long as the level of 0.6920 is not exceeded, the selling pressure remains dominant.

Australian Dollar/Dollar - 15min Chart

Australian Dollar/Dollar - 15min Chart

The 15-minute chart shows that the price oscillates in a narrow range between 0.6895 and 0.6910. Short-term indicators, such as the stochastic RSI, suggest that the price may be close to a local rebound. However, the lack of a clear direction indicates the possibility of further consolidation.

Australian Dollar/Dollar - Options Data

Options data for FXA indicates a clearly bearish sentiment with a high put/call ratio of 3.52. The key max pain level is at $70, suggesting that the market may aim to stabilize above this level. Open interest at the put levels is significantly higher, which reinforces the downward pressure on AUD/USD.

Australian Dollar/Dollar - Summary

AUD/USD remains in a downtrend with key support at 0.6850 and resistance at 0.6950. Market sentiment is bearish, which supports further declines. Technical indicators suggest the possibility of a short-term rebound, however, the overall bias remains negative. Key levels to watch are 0.6900 and 0.6920, which may determine the direction of further movement.

Dollar/Yen - Daily Chart (D1)

Dollar/Yen - Daily Chart (D1)

On the daily chart of USD/JPY, a clear upward trend has been visible for several weeks. The current price is oscillating around 161.68, indicating the continuation of the strength of the US dollar against the Japanese yen. An important support level is the area of 160.00, which previously acted as resistance. The upward momentum is supported by solid volume, suggesting further buying pressure. However, caution should be exercised regarding possible corrections around 163.00, which may represent the nearest resistances.

Dollar/Yen - 4H Chart

Dollar/Yen - 4H Chart

On the 4-hour chart, the currency pair USD/JPY continues its upward movement, gaining strength after breaking the level of 161.00. Clear support is found at the level of 160.50, and the nearest resistance can be identified around 162.00. We are observing consolidation below this level, which may suggest a short-term correction or further increases if this resistance is broken.

Dollar/Yen - 1H Chart

Dollar/Yen - 1H Chart

The hourly chart shows dynamic increases, with a clear breakout above 161.50. Currently, the price is oscillating around 161.68, and the nearest resistance is at 162.00. The volume indicates increasing interest among buyers, which may support further increases. Support can be observed around 161.30, which previously acted as resistance.

Dollar/Yen - 15-minute chart

Dollar/Yen - 15-minute chart

On the 15-minute chart, USD/JPY remains in a narrow consolidation range between 161.60 and 161.70. We observe a slight advantage for buyers, but the lack of clear momentum indicates possible short-term fluctuations. Support can be seen around 161.50, and resistance at 161.80. A breakout from this range may define the direction for the upcoming hours.

Dollar/Yen - Options data

Options data indicates a strongly bullish sentiment for USD/JPY, as reflected in the low put/call ratio of 0.18. The largest open interest in call options is at levels corresponding to 1.8% and 3.6% above ATM, suggesting expectations for further increases. The max pain level is $58 for FXY, which may indicate the market's tendency towards this level. In contrast, support at put option levels is less significant, highlighting the dominance of the bullish outlook.

Dollar/Yen - Summary

USD/JPY is showing a strong upward trend across various time frames. Key support levels are 160.50 and 161.30, while resistances are at 162.00 and 163.00. The options sentiment is very bullish, which supports further increases. The current consolidation below 162.00 may be short-lived, and a breakout above this level will open the way for further gains. The overall bias remains bullish, with potential short-term corrections.

Dollar/Franc - Daily Chart (D1)

Dollar/Franc - Daily Chart (D1)

The daily chart of USD/CHF shows a clear upward trend, with recent candles indicating a continuation of the increases. The price has broken above the key level of 0.8100, which may suggest further market strength. Current resistance is around 0.8150, and support is at 0.8050. Technical indicators such as RSI are approaching the overbought zone, which may indicate a potential correction, but the overall sentiment remains bullish.

Dollar/Franc - 4H Chart

Dollar/Franc - 4H Chart

On the 4-hour chart of USD/CHF, a strong upward momentum is visible with a formation of higher highs and lows. The price is currently testing the level of 0.8120, and further resistance is at 0.8150. Support is visible at 0.8080. A breakout above 0.8150 may open the way for further increases. Technical indicators confirm bullish sentiment but may signal short-term trend exhaustion.

Dollar/Franc - 1H Chart

Dollar/Franc - 1H Chart

The hourly chart shows that USD/CHF is in a consolidation phase after the recent bullish impulse. The price oscillates around the level of 0.8110. Short-term resistance can be observed at 0.8130, while support is at 0.8090. The MACD indicates a possible correction, but the moving averages still support the upward trend. A breakout of either of these levels will be crucial for the further direction.

Dollar/Franc - 15min Chart

Dollar/Franc - 15min Chart

On the 15-minute chart, we observe an attempt to break above 0.8115. The current consolidation may suggest gathering strength before the next move. Local resistance is at 0.8120, and support is at 0.8105. Short-term indicators suggest a possible correction, but the dominant trend is bullish.

Dollar/Franc - Options data

Options data on FXF with a put/call ratio of 0.15 indicates a very bullish sentiment. A larger call volume (62) compared to puts (24) and a max pain level at 111 suggest that the market expects further increases. However, the presence of greater open interest at levels of 111 and above may pose a potential resistance. Support at the level of 107 is also significant from the options market perspective.

Dollar/Franc - Summary

USD/CHF is showing a strong upward trend across all analyzed time frames. Key resistance levels are 0.8130 and 0.8150, while support can be found at 0.8090 and 0.8050. Options data suggests further increases, but there is a possibility of a short-term correction. The overall sentiment remains bullish, however, investors should be aware of potential resistances at higher price levels.

Dollar/Canadian Dollar - Daily Chart (D1)

Dollar/Canadian Dollar - Daily Chart (D1)

On the daily chart of USD/CAD, a clear uptrend is visible, with the pair trading above 1.4200. Recent candles indicate a continuation of the upward movement, with distinct higher highs and lows. Key support is located around 1.4000, while resistance may be encountered near 1.4300, which is a psychological level. The current upward momentum is supported by positive macroeconomic data for the USA, which outweighs weaker data from Canada.

Dollar/Canadian Dollar - 4H Chart

Dollar/Canadian Dollar - 4H Chart

The 4-hour chart shows a continuous increase since mid-May. The price is moving within an ascending channel, and the recent candles indicate potential consolidation around 1.4220. Short-term support is at 1.4150, while resistance is around 1.4250. The current trend is supported by increased volume, suggesting continued interest from buyers.

Dollar/Canadian Dollar - 1H Chart

Dollar/Canadian Dollar - 1H Chart

On the hourly chart, oscillations are visible in a narrow range between 1.4200 and 1.4250, suggesting the formation of a short-term consolidation. The candles indicate a possible lack of a decisive direction at the moment, with the potential for a correction to 1.4180. A breakout above 1.4250 could open the way for further increases.

Dollar/Canadian Dollar - 15-minute Chart

Dollar/Canadian Dollar - 15-minute Chart

The 15-minute chart shows slight fluctuations around 1.4220, which may suggest a consolidation phase before the next move. Short-term support can be observed at 1.4200, and resistance at 1.4230. The current lack of a clear direction may indicate that the markets are waiting for new impulses.

Dollar/Canadian Dollar - Options Data

Option data for FXC indicates a very bullish sentiment with a Put/Call ratio of 0.34. The maximum pain at $81 suggests that investors expect further appreciation of the dollar against CAD. Significant Open Interest at call levels of $70 and $81 indicates bullish expectations. Support for puts at $63 suggests safety at lower levels, but the current positioning favors an increase in the value of USD against CAD.

Dollar/Canadian Dollar - Summary

USD/CAD is showing a strong upward trend across all analyzed time frames. Key support is located around 1.4000, and resistance around 1.4300. Options data and market sentiment favor further increases, confirming the dominant bullish bias. Key levels to watch are 1.4150 as support and 1.4250 as resistance, with the possibility of further increases above this level.

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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