Fundamental

USD/INR remains firmly in an uptrend, with support around ₹89 and expectations building for a move toward ₹90 as technical momentum continues despite holiday-thinned trading.

Gold continues to press against the $4,200 resistance zone, with a breakout above $4,250 signaling further upside while pullbacks above $3,950 remain attractive to buyers.

The Tel Aviv 35 is rebounding off the 3,300 level, with continued strength in pharma and banking sectors supporting a broader uptrend and dips viewed as buying opportunities.

Gold is seeing its recent strong rebound lose some impulse on Thursday, following a failed attempt to advance north of the $4,160 mark per troy ounce. The move higher comes as the US Dollar (USD) loses some steam again, even though US Treasury yields are trying to rebound across the curve.

EUR/USD struggled to build on its weekly rebound on Thursday, with global markets largely drifting into consolidation mode as US trading thinned out for the Thanksgiving holiday.

The Australian Dollar (AUD) gathers further steam on Thursday, motivating AUD/USD to advance for the fifth consecutive day and briefly hit fresh two-week highs near 0.6540, a region coincident with its provisional 55-day and 100-day SMAs.