Merlin Rothfeld
Online Trading Academy
Merlin welcomes back currency trader David Warner to the show! David has spent all week teaching a Forex class in Irvine California, riding out waves of volatility in the currency markets! David offers his insights into the current global situation before diving into charts of the New Zealand Dollar, Oil, and several other currency pairs!
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Editors’ Picks
EUR/USD bears await break below 100-day SMA support near 1.1665 area
The EUR/USD pair attracts heavy selling for the second straight day and dives to a nearly four-week trough, around the 1.1670 region, during the Asian session on Monday. Bearish traders now await a sustained break below the 100-day Simple Moving Average before positioning for an extension of the recent pullback from a three-month top, or levels just above the 1.1800 mark touched on December 24.
GBP/USD falls toward 1.3400 near 50-day EMA
GBP/USD extends its losses for the second successive session, trading around 1.3420 during the Asian hours on Monday. The technical analysis of the daily chart indicates that the 14-day Relative Strength Index at 53 has eased from near overbought, indicating that momentum has cooled while remaining above the midline. RSI holds above 50, keeping a modest bullish bias.
USD/JPY rises above 157.00 as geopolitical woes boost USD
USD/JPY extends its uptick beyond 157.00 in Asian on Monday. The pair gains ground as the US Dollar finds fresh haven demand in the face of the weekend's United States' capture of Venezuela, which keeps investors on edge and fuels a flight to safety across the board.
Editors’ Picks
AUD/USD drops toward 0.6650 amid Venezuela turmoil
AUD/USD extends losses toward 0.6650 in the Asian session on Monday as investors remain risk-averse following the geopolitical fallout between the US and Venezuela over the weekend. Markets look forward to the new year, with weak China's RatingDog Services PMI data adding to the caution.
Gold on fire at the start of the week on US-Venezuela tensions
Gold regains upside traction early Monday as flight to safety prevails on Venezuela turmoil. The US Dollar finds strong haven demand, caps Gold’s upside as focus shifts to US jobs data. Gold’s daily technical setup suggests that more upside remains in the offing.
USD/JPY rises above 157.00 as geopolitical woes boost USD
USD/JPY extends its uptick beyond 157.00 in Asian on Monday. The pair gains ground as the US Dollar finds fresh haven demand in the face of the weekend's United States' capture of Venezuela, which keeps investors on edge and fuels a flight to safety across the board.
Bulls firmly in control as Bitcoin breaks $93K, Ethereum and Ripple extend gains
Bitcoin, Ethereum, and Ripple extended their rallies on Monday, gaining more than 4%, 6%, and 12%, respectively, in the previous week. The top three cryptocurrencies by market capitalization could continue to outperform, with bulls in control of the momentum.
Economic outlook 2026-2027 in advanced countries: Solidity test
After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.
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