technical

Bitcoin continues to rise, even trading to the upside of an ascending price channel which has been holding the price action for the past five days.

The WTI crude oil price is showing signs of bottoming after hitting a key support level at $55.40. It has plunged by over 25% from its highest level in 2025 and is hovering near its lowest level in years.

The EUR/USD pair ended the week in the red last week as many investors remained in a holiday mood. It was trading at 1.1720, down slightly from last year’s high of 1.1910 ahead of key events this week.

The AUD/USD exchange rate was flat on Monday as traders waited for important macro data from the US and Australia. It was trading at 0.6695, a few pips below last week’s high of 0.6725.

The GBP/USD pair remained on edge at a crucial support level as traders waited for important macro data. It was trading at 1.3460 on Monday morning, down slightly from last week’s high of 1.3535. It remains much higher than the November low of 1.3000.

The USD/CAD pair prolongs its recent recovery move from the 1.3640 area, or a five-month low touched on December 26, for the fifth straight day and climbs to a two-week high during the first half of the European session on Monday.