technical

EUR/USD extends its rebound on Thursday, climbing to multi-day highs around 1.1680, a region also coincident with its temporary 55-day SMA.

The Australian Dollar (AUD) quickly gave up Wednesday’s gains, slipping back below the 0.6500 mark against the US Dollar (USD) despite the Greenback also struggling.

Gold (XAU/USD) surged to an all-time high of $4,242 as safe-haven demand rises amid global tensions, Fed rate cut bets, and strong ETF and central bank buying.

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.