Market View: Tuesday, March 24, 2026
The US dollar index fluctuated by 1.3% intraday, keeping currently at 99.185; Gold remained volatile, returning to $4,400 finally; EURUSD rallied and stopped at the 1.16000 level; Bitcoin reacted slightly, returning to $71,000.
- Trump’s announcement made the markets hectic yesterday, but the prices mainly returned to previous levels.
- XAUUSD tried to move higher, touching $4,500 but quickly pulled back.
- The rally in EURUSD was short-lived also. However, the pair tests 1.16000 currently.
- Bitcoin appeared most detached from the whole move. In the meantime, it stays at its weekend levels.
Today’s focus
| US S&P Global Services PMI (Mar) due at 15:45 MT time |
FX snapshot
XAUUSD
The metal was headline-driven, falling to $4,100. However, the fear didn’t develop into anything sustained, pushing the price $300 higher.
EURUSD
On the other hand, the euro showed its underlying weakness and the pair is unlikely to defend the existing price zone.
BTC
Bitcoin remains in a “wait and see” stance, staying within the $69,000–$71,000 range.
| Pair | Key support | Key resistance | Bias |
| XAUUSD | 4,300 | 4,500 | Consolidating |
| EURUSD | 1.15800 | 1.16200 | Mildly bearish |
| BTC | 69,000 | 71,000 | Range-bound |
Market sentiment
The morning of March 24 turned out to be quite “lively” after the speech Mr.Trump had delivered the day before. First, it looked like a classic shift into the “risk-on” mode. But then it passed into the skeptical anticipation mood – the movement had been made but without follow-throughs. There is no panic but no confidence, either.
