Adam Lemon

Adam Lemon
Published articles: 11798

About Adam Lemon

Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.

 

Chief Analyst for DailyForex since October 2013

 

Education:
B.A. in Political Science from the University of Warwick, U.K.
Diplomas in Law and Legal Practice from the College of Law, London, U.K.

Financial Qualifications:
Fund Management, Investment Management – U.K. Chartered Institute for Securities & Investment

Financial Career Highlights:
AVP, Merrill Lynch International Bank,U.K.

Featured In:
FXStreet,Gold-Eagle , MoneyShow

Favorite assets to trade: anything trending strongly or with high volatility

Twitter adam@dailyforex.com

Snapshot

Latest 10 Articles

The price keeps retreating from resistance, but the longer-term chart shows a bullish squeeze. The price may be ripe for a breakout following the release of US CPI data today.

US CPI Data Awaits; Bitcoin Still Trading Near $110,000; Silver, Palladium Near Long-Term Highs; China/US Trade Talks Conclude Well, US/Mexico Near Steel Deal

The continuing rejection of the key resistance level at $1.1430 brings a bearish head and shoulders chart pattern into play, suggesting the support level at $1.1361 will be the crucial neckline.

Bitcoin Breaks Above Resistance to Trade as High as $110,000; Silver Again Hits 13-Year High; Palladium Retreats From 7-Month High; WTI Crude Oil Rising as Iran Threatens Israel

Bearish shakeout below $102,000 results in another rise which has petered out into a consolidation, but bulls keep hopes up.

Asian Equities Rise Ahead of US/China Trade Negotiation; US Dollar Declines, Looking Heavy Near Key Support; Silver Hits 13-Year High

Risk sentiment continued to improve this week, with early signs of a bullish reversal in the US Dollar dominating Forex markets, while stocks traded a bit higher, and commodities markets were dominated by the strong bullish move to a new 13-year high in Silver.

Support level at $1.3543 looks very pivotal. If it holds, we will probably see the price make a new 3-year high and possibly rise as far as $1.3663.

European Central Bank Expected to Cut Today to 2.15%; Low Non-Farms Forecast, ISM Services Data Suggest US Economy Slowing; Bank of Canada Holds Rates at 2.75%

Bitcoin’s recent weak recovery looks in jeopardy, as the record highs of May recede into the distance behind us.

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