Market View: Thursday, April 23, 2026
The US dollar turned stronger; XAUUSD retreated toward $4,710; EURUSD declined below 1.17000; Bitcoin also drifted lower, touching $77,600.
- The US dollar now acts as a quiet safe haven, staying near the 1.5-week highs.
- XAUUSD is defending the $4,700 support.
- EURUSD stays near two-week lows on a high sensitivity to geopolitics.
- Bitcoin consolidates gains after an unsuccessful breakout to $80,000.
Today’s focus
| US Initial Jobless Claims due at 15:30 MetaTrader time. |
FX snapshot
XAUUSD
Currently, a lack of escalation limits gold’s upside.
EURUSD
The euro is the weaker side in this pair.
BTC
Bitcoin seems to pause as long as the extended truce reduces immediate tension.
| Pair | Key support | Key resistance | Bias |
| XAUUSD | 4,700 | 4,750 | Neutral-to-bearish |
| EURUSD | 1.16900 | 1.17200 | Neutral-to-bearish |
| BTC | 77,600 | 78,800 | Consolidating |
Market sentiment
The market seems to be stopping buying risk aggressively. It is cautious, defensive, and patient. The extension of the truce reduced an immediate fear but didn’t create confidence instead. It’s just a pause.
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