XAU/USD – Daily Chart
btc-usd
Forex April 27: MSFT, Google, Apple, AMZN, Meta, KO, Visa, GM, Exxon Earnings Preview
A busy earnings week led by Alphabet Inc., Microsoft Corporation, Amazon, Apple, Meta, Koka Cola, Visa, and General Motors, and Exxon Q1...
•
Last updated: Sunday, April 26, 2026
Quick overview
- A busy earnings week featuring major companies like Alphabet, Microsoft, and Amazon is expected to influence market sentiment across various sectors.
- Geopolitical tensions, particularly between the U.S. and Iran, are creating uncertainty and volatility in the markets, affecting oil prices and equities.
- Despite mixed stock performances, positive corporate commentary and strong manufacturing data suggest underlying growth expectations.
- Key earnings reports this week will focus on tech growth, consumer resilience, and energy price fluctuations, shaping short-term market direction.
Live BTC/USD Chart
BTC/USD
0.0000
MARKETS TREND
A busy earnings week led by Alphabet Inc., Microsoft Corporation, Amazon, Apple, Meta, Koka Cola, Visa, and General Motors, and Exxon Q1 Earnings are to shape market sentiment across tech, consumer, and energy sectors.
Geopolitical Uncertainty Clouds Outlook
Tensions remained highly uncertain last week and into the weekend, with mixed signals from both the U.S. and Iran. Donald Trump continues to indicate he is waiting for a response from Iran on potential negotiations, while Iranian officials insist talks will not proceed unless the blockade is lifted. Conflicting narratives have also emerged around internal unity, with U.S. and Israeli reports pointing to possible divisions, while Iranian leadership publicly maintains a united front. The situation remains unclear, raising questions about how much of the messaging reflects reality versus strategic signaling.
Market Volatility Driven by Headlines
Markets reacted sharply to reports from Israel suggesting Iran’s parliamentary chief had withdrawn from negotiations. This triggered spikes in oil prices and declines in equities. Additional reports of Iran activating air defenses and a possible Israeli strike briefly intensified volatility, though these were later clarified as system tests. Markets partially recovered but failed to fully retrace earlier moves.
Economic Signals and Market Performance
On the economic front, corporate commentary has been broadly positive, with strong manufacturing data from the S&P Global PMI supporting growth expectations. Oil prices rose for a third consecutive session, with WTI climbing $4 to $96.96, erasing the earlier “strait is open” decline. Stocks ended lower overall, though performance was mixed due to earnings divergence. In after-hours trading, Intel shares surged on strong results, while Avis Budget Group saw a sharp reversal as a short squeeze unwound.
Earnings Calendar Highlights for the Week
This earnings week is heavily concentrated with market-moving giants across multiple sectors. With mega-cap tech leading the charge, results and guidance will likely dictate short-term market direction. Strong beats could extend the rally, while disappointments—especially in bug tech names—may trigger volatility across global equities.
📊 Mega-Cap Tech in the Spotlight (AMC)
- Alphabet Inc. (GOOGL) – Q1 earnings expected at $2.67 EPS
- Microsoft Corporation (MSFT) – Q3 earnings expected at $4.06 EPS
- Amazon.com, Inc. (AMZN) – Q1 earnings expected at $1.65 EPS
- Meta Platforms, Inc. (META) – Q1 earnings expected at $6.64 EPS
- Apple Inc. (AAPL) – Q2 earnings expected at $1.95 EPS
➡️ These companies will dominate market direction, with investors focused on tech growth, cloud demand, advertising trends, and consumer spending.
💳 Financials & Consumer Giants
- Visa Inc. (V) – Q2 earnings expected at $3.10 EPS
- The Coca-Cola Company (KO) – Q1 earnings expected at $0.81 EPS
➡️ Key themes include consumer resilience, global spending trends, and pricing power.
📡 Telecom, Industrials & Energy (BMO)
- Verizon Communications Inc. (VZ) – Q1 earnings expected at $1.21 EPS
- General Motors Company (GM) – Q1 earnings expected at $2.62 EPS
- Exxon Mobil Corporation (XOM) – Q1 earnings expected at $1.00 EPS
➡️ Focus will be on energy prices, EV demand, and telecom subscriber growth.
🔍 Key Market Themes This Week
- Tech & Cloud Momentum: Critical for tech giants like Microsoft, Alphabet, and Amazon
- Consumer Strength: Insights from Visa and Coca-Cola
- Energy Volatility: Exxon results tied closely to oil price swings
- Economic Signals: Broad read-through on global growth and demand
Gold Rebounds Off the 200 SMA
Although demand for safe haven assets is still high, gold fell precipitously from record highs following the Fed’s most recent rate cut comments, as profit-taking was prompted by Powell’s cautious tone. In December, gold jumped above $4,380 following the Federal Reserve’s announcement of a 25 basis point rate decrease. But the impetus soon waned, and prices dropped back to $4,004. The 20o daily SMA (red) held as support this week and buyers returned and pushed XAU above the $4,800 and above the 100 SMA (green).
USD/JPY Rebounds
Foreign exchange markets saw sharp swings. Early in the week, U.S. yield differentials and Japanese capital outflows pushed the dollar above ¥150, but disappointing U.S. jobs data triggered profit-taking, causing the USD/JPY to slide by four yen from its peak. However, the new BOJ governor the JPY has weakened and USD/JPY soared to 154 and we decided to close our buy signal for more than 80 pips as the pair found support at the 20 daily SMA (gray) and has rebounded more than 200 pips off that MA but reversed after the 25 bps rate cut from the FED. The price approached $160 but reversed after the BOJ meeting and fell 8 cents but found support at $152 at the 100 daily SMA (red) and rebounded above 156 but have reversed down again this week after the Japanese elections.
USD/JPY – Daily Chart
Cryptocurrency Update
Bitcoin Approaches $80K
Cryptocurrencies remained highly active over the summer. Bitcoin (BTC) climbed to fresh highs of $123,000 and $124,000 in July and August, supported by institutional inflows and technical strength. However, remarks from Treasury Secretary Scott Bessent ruling out U.S. increases to BTC reserves triggered a steep pullback, sending the coin down to $80K before finding support at the 100 weekly SMA (green). A rebound followed, sending BTC near $100 is the first major text for Bitcoin buyers. However BTC returned lower and fell below $80K, breaking below the but the 100 weekly SMA (green) but the decline stopped at the $60K support where the 200 weekly SMA (purple) stands and rebounded above $76K but returned to $70K again.
BTC/USD – Daily Chart
Ethereum Returns to $2,000
Ethereum (ETH) has been similarly strong, surging toward $4,800, its highest since 2021 and near its all-time peak of $4,860. Despite a dip last week, ETH found support at the 20-day SMA, with retail enthusiasm and renewed institutional participation driving fresh upside momentum. Last week we saw a dive below $2,000 but buyers returned n d pushed the price above $2K again.
ETH/USD – Weekly Chart
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
- Read our latest reviews on: Avatrade, Exness, HFM and XM
ABOUT THE AUTHOR
See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
Related Articles
Sidebar rates
Related Posts
Save
