The Road Warrior, Brandon Wendell joins Merlin for a look at his recent classes, travels, and more importantly. Trading! Merlin and Brandon answer several questions that relating to the Euro and specific trade setups on the Euro, Swiss Franc, and US Dollar. Brandon also talks about his All Asset Class Mastery XLT as well.
Editors’ Picks
EUR/USD stays weak below 1.1700 on firmer US Dollar
EUR/USD remains under moderate selling pressure and trades below 1.1700 on Monday. The pair stays on the back foot as the US Dollar benefits from the cautious market mood following the US military intervention in Venezuela and the capture of President Nicolas Maduro. Investors await US Manufacturing PMI data.
Gold clings to strong daily gains above $4,400
Gold started the week on a bullish note and climbed above $4,400 before going into a consolidation phase in the second half of the day on Monday. Heightened geopolitical tensions help XAU/USD hold its ground after the US launched land strikes on Venezuela, leading to the capture of its President, Nicolás Maduro, and his wife.
GBP/USD holds steady above 1.3450 ahead of US data
GBP/USD stages a rebound and trades above 1.3450 following a decline toward 1.3400 earlier in the day. Markets remain wary and prefer safety in the US Dollar due the US-Venezuela geopolitical escalation, limiting the pair's upside. Investors now await the US ISM Manufacturing PMI report for December.
ISM Manufacturing PMI set to show US factory activity remained in contraction at year-end
The Institute for Supply Management is scheduled to release the December Manufacturing Purchasing Managers’ Index on Monday. The index is a trusted measure of the health of the United States manufacturing sector, closely followed by market players.
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.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
I’m often mystified in my educational forex articles why so many traders struggle to make consistent money out of forex trading. The answer has more to do with what they don’t know than what they do know. After working in investment banks for 20 years many of which were as a Chief trader its second knowledge how to extract cash out of the market.
5 Forex News Events You Need To Know
In the fast moving world of currency markets where huge moves can seemingly come from nowhere, it is extremely important for new traders to learn about the various economic indicators and forex news events and releases that shape the markets. Indeed, quickly getting a handle on which data to look out for, what it means, and how to trade it can see new traders quickly become far more profitable and sets up the road to long term success.
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and selling pressure. Chart patterns have a proven track-record, and traders use them to identify continuation or reversal signals, to open positions and identify price targets.
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
The challenge: Timing the market and trader psychology
Successful trading often comes down to timing – entering and exiting trades at the right moments. Yet timing the market is notoriously difficult, largely because human psychology can derail even the best plans. Two powerful emotions in particular – fear and greed – tend to drive trading decisions off course.
