Analyzes

Gold (XAU/USD) struggled to make a decisive move in either direction and spent the week fluctuating within a relatively tight channel at around $4,000.

The USD/JPY pair climbs back to mid-153.00s during the early part of the European session on Friday and reverses a part of the previous day’s downfall to an over one-week low.

EUR/USD stays in a consolidation phase above 1.1500 in the European session on Friday after rising nearly 0.5% on Thursday. As market participants await the University of Michigan’s (UoM) Consumer Sentiment data for November, the pair’s technical outlook highlights buyers’ hesitancy.

The Nasdaq 100 declined on Thursday toward the key 25,000 level amid rising volatility and AI profitability concerns, though the broader uptrend remains intact.

USD/CAD hovered around 1.41 on Thursday, showing signs of short-term exhaustion with a likely pullback to 1.40 before potential bullish reentry amid trade volatility.

Ethereum continues to drift near $3,300 with weak momentum, as it remains dependent on Bitcoin’s direction, with downside risk toward $2,500 if $3,000 fails.