FxAnalysis

Bitcoin is looking stronger after last week’s sharp fall, holding up above $85,369 and threatening a new bullish breakout beyond $88,487.

Superb cash generation, cost-cutting plans, and investments to improve customer experience and loyalty create a bullish narrative for Verizon at low valuations. A collect dividend call?

USD/CAD remains supported above 1.40, with buyers stepping in on pullbacks as strong fundamentals and weak oil prices favor a gradual climb toward 1.4250.

The Euro failed to hold Friday’s bounce against the U.S. Dollar, with persistent selling pressure and strong resistance pointing to a potential breakdown below 1.14.

The USD/JPY pair attracts some dip-buyers at the start of a new week and, for now, seems to have stalled its retracement slide from the vicinity of the 158.00 round-figure mark, or the highest level since mid-January touched last Thursday.

AUD/USD hovers near neckline support as a bearish head-and-shoulders pattern points to a potential drop to 0.6400, with traders eyeing upcoming inflation and US confidence data.