Market View: Friday, April 24, 2026
The US dollar is cautiously neutral; XAUUSD slightly declined below $4,700; EURUSD balances before key news; Bitcoin returned to yesterday's levels, having failed to break the $78,500 resistance.
- The US dollar is holding up its safe-haven status, but the market hedges ahead of rate decisions next week.
- XAUUSD is stuck between uncertainty and future interest rate announcements.
- The euro looks weaker than the greenback but also lacks momentum.
- Bitcoin is moving in its own rhythm but remains sensitive to global liquidity.
FX snapshot
XAUUSD
Currently, gold is more of a waiting asset than a trending one.
EURUSD
The pair also shows no clear direction before rate decisions.
BTC
Bitcoin seems to be stuck; it becomes a slow-moving indicator of risk sentiment.
| Pair | Key support | Key resistance | Bias |
| XAUUSD | 4,660 | 4,700 | Sideways trading |
| EURUSD | 1.16700 | 1.17000 | Sideways trading |
| BTC | 77,250 | 78,500 | Sideways trading |
Market sentiment
The market stays neutral but expects an upcoming volatility as four major central banks will announce their rate decisions throughout the next week. That said, the current “nothing is happening” phrase serves as a preparation toward a sharper move next week.
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