Analyzes

The EUR/USD is testing key resistance after forming a potential double bottom, but weak bullish momentum and strong overhead resistance keep bears in control for now.

USD/MYR remains tightly range-bound near 4.2270, with traders watching resistance at 4.2315 and support at 4.2170 as the pair reacts cautiously to broader market noise.

USD/ILS remains near 3.30050 as low post-holiday volume and continued Shekel strength raise the potential for another test of recent lows near 3.27000.

Shiba Inu (SHIB) is holding above key support at $0.00001019, with traders watching for a breakout above $0.00001047 that could spark a short-term rally.

The EUR/USD pair trades around 1.1650 early in the American session on Thursday, holding on to modest intraday gains.

The US dollar continues to pressure the Canadian dollar, holding above 1.40 as a golden cross forms, suggesting further upside toward the 1.42 level.