Market View: Tuesday, April 21, 2026
The US dollar is holding steady; XAUUSD is mirroring the greenback’s steps; EURUSD doesn’t rush to rise either; Bitcoin stays range-bound.
- The US dollar stays in a “waiting for confirmation” stance.
- XAUUSD failed to gain the $4,800 level, trading at $4,780.
- EURUSD is steady, but remains in a suspended state.
- Bitcoin keeps within its recent range.
Today’s focus
| US ADP Employment Change Weekly due at 15:15 MetaTrader time. |
FX snapshot
XAUUSD
Should a peaceful scenario occur, gold could see a short-lived decline – a so-called release of fear premium.
EURUSD
The pair could move up sharply tomorrow should the positive news knock on the door tomorrow.
BTC
Bitcoin is the most interesting asset in this setup. Neither is it behaving purely as a risk asset, nor like a speculative one. It could rise on returning risk appetite, but may drop alongside risk assets first.
| Pair | Key support | Key resistance | Bias |
| XAUUSD | 4,750 | 4,800 | Consolidating |
| EURUSD | 1.17400 | 1.18000 | Consolidating |
| BTC | 75,000 | 76,500 | Consolidating |
Market sentiment
The market focuses on the US-Iran potential “peace deal” due tomorrow. The expectations of a peace track are already priced in, but the market doesn’t fully trust them. It's more like holding a breath ahead of the event – the market is tense-paused.
