Market View: Wednesday, February 25, 2026
The US dollar lacks strong upside momentum and slightly declined; gold stabilized near the $5,200 resistance; EURUSD shows moderate strength at the 1.18000 level; Bitcoin rebounded by 1.6% overnight.
- USD looks relatively stable this morning, acting as a defence currency but without strong follow-through buying.
- Gold still maintains a short-term bullish bias, with pullbacks likely to be bought.
- EURUSD remains supported as the greenback struggles to gain traction. Technically, it still looks constructive until the dollar makes a sharp recovery.
- Bitcoin followed the equities’ advance, making it to $66,500. However, the attempts to stabilize at that level failed, sliding toward the current $65,000 zone.
Today’s focus
| EUR CPI (YoY) (Jan) due at 12:00 MT time |
FX snapshot
XAUUSD
As far as the US President Trump’s new global tariff came into force, XAUUSD received limited gains, as most of his statements were already priced in.
EURUSD
The pair might face a decline in a few hours, should the eurozone’s inflation show the anticipated 1.7% year-growth vs 1.9% previous numbers. EURUSD is likely to touch the 1.17800 support then.
BTC
Bitcoin steadies at the $65,000 level - its 1.6% spike is quickly fading away. President Trump skipped any mention of cryptocurrency in his State of the Union speech last night - a certain hope of BTC rebound was pinned on that speech by the crypto society.
| Pair | Key support | Key resistance | Bias |
| XAUUSD | 5,160 | 5,200 | Neutral-to-bullish |
| EURUSD | 1.17800 | 1.18100 | Neutral |
| BTC | 64,000 | 66,000 | Bearish |
Market sentiment
The overall mood is cautious with a slight risk-off tone. The market’s reaction to Trump’s speech was relatively muted. However, traders remain alert - and it’s not just about the speech, but potential policy adjustments and follow-up actions.
