Market View: Tuesday, April 7, 2026
The US dollar index is holding steady around 100; gold remains firm but not explosive near $4,650; EURUSD is slightly pressured but still stable at 1.15430; Bitcoin looks calmer at $68,500.
- The US dollar is consolidating ahead of Trump’s decision.
- XAUUSD is quite hedging in case of surprises.
- EURUSD is stuck in a tight range.
- Bitcoin accumulates before expansion.
Today’s focus
| US Durable Goods Orders (MoM) (Feb) due at 15:30 MetaTrader time |
FX snapshot
XAUUSD
Gold contains an underlying demand but sees no aggressive buying yet.
EURUSD
EURUSD is range-bound, waiting for a catalyst.
BTC
The kind of price action in the pair often precedes a larger move.
| Pair | Key support | Key resistance | Bias |
| XAUUSD | 4,650 | 4,700 | Consolidating |
| EURUSD | 1.15100 | 1.15600 | Consolidating |
| BTC | 68,200 | 69,600 | Consolidating |
Market sentiment
The market is in a waiting mode right now. The key driver is today’s expected decision or statement from Donald Trump. Liquidity is relatively thin, and price action is muted. Traders avoid positioning until clarity appears.
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