๐Ÿšจ FOMC DAY MARKET BRIEF | FLUx Trading | April 29, 2026

Today is one of the most important trading days of the month. The US Federal Reserve announces its interest rate decision today, and every major market will react. Here is my complete breakdown.

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โ‚ฟ BITCOIN (BTC/USD)

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Current Price: ~$76,200

Trend (Daily): Bearish

Key Resistance: $80,000 (rejected twice this week)

Key Support: $73,500

My Bias: Neutral-Bearish until $80K breaks

Analysis: BTC has now double-rejected $80,000 โ€” one of the most significant resistance levels on the chart. The Coinbase Premium Index has flipped negative, signaling weak US demand. Until we get a clean 4H candle close above $80K, I am not looking for longs.

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๐Ÿฅ‡ GOLD (XAU/USD)

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Current Price: ~$4,570

Trend: Short-term Bearish

Key Resistance: $4,820 (today's open)

Key Support: $4,520

My Bias: Wait and see

Analysis: Gold has dropped sharply today โ€” over 2% โ€” as rising oil prices and stalled US-Iran negotiations amplify inflation fears. Higher rates are bad for non-yielding assets like gold. Key level to watch is $4,520. A bounce here keeps the mid-term bullish structure intact. A break below targets the $4,300 zone.

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๐Ÿ’ถ EUR/USD

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Current Price: ~$1.1698

Bias: Slightly Bearish

Key Support: $1.1650

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โš ๏ธ TODAY'S RULE

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On FOMC days โ€” wait for the decision, then trade the reaction. Never trade INTO major news. The volatility spike will stop hunt your position before the real move begins. $BTC $ETH $XRP