Fundamental

Silver remains highly volatile, with repeated selloffs testing the $70 support level and raising the risk of a deeper slide toward $65, making caution essential for traders.

Gold has bounced from its pullback into an ascending triangle, holding above the $4,200 area as traders watch for a breakout above $4,400 that could open the way toward $4,900 in 2026.

Ethereum is chopping sideways above $2,700 in what looks like a cautious accumulation phase, with any major breakout still dependent on Bitcoin and overall risk sentiment.

The Canadian dollar faces selling near 114.60 yen, but bullish dips above 113.50 keep CAD/JPY positioned for a breakout toward 115 and potentially the 119 area in a broader uptrend.

The British pound is once again capped by the 1.35 level against the dollar, leaving GBP/USD poised for a breakout in either direction as traders balance Fed cut expectations against a recently dovish Bank of England.

Following a recovery attempt in the early trading hours on Friday, EUR/USD lost its traction and retreated slightly below 1.1750. The pair could have a difficult time gathering directional momentum as trading conditions are likely to remain thin in between the New Year holiday and the weekend.