FxAnalysis

Bitcoin’s rally stalled near $92,500 as fading momentum and institutional caution suggest further consolidation, with critical levels at $80,000 and $93,000 guiding near-term outlook.

Crude oil remains range-bound between $55 and $60 amid thin holiday trading, with resistance holding firm and short-term selling signals emerging near key levels.

USD/CAD traded sideways on Thursday in thin holiday conditions, holding near key support at 1.40 as markets balance weak oil prices against dovish Fed rate expectations.

Following the bullish action seen in the first half of the week, EUR/USD corrects lower on Friday and declines toward 1.1550. The pair’s technical outlook points to a loss of bullish momentum. Financial markets in the US will close early on Black Friday.

The British pound recovered from a Thursday dip against the yen, reaffirming bullish momentum driven by interest rate advantages and supportive risk sentiment.

EUR/USD stayed rangebound on Thursday, testing resistance near the 50-day EMA with direction likely hinging on upcoming U.S. dollar moves amid holiday-thinned trading.