The British pound fell early on Friday, as we are trying to determine whether or not we are going anywhere. Afterall, we have been in a well-defined range for a while, as both central banks are similar in their outlooks.
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About Christopher Lewis
Christopher Lewis is a Columbus, OH-based Forex trader who enjoys trading a wide range of pairs from the traditional EUR/USD to more exotic USD/RUB, and many things in between. Unlike many Forex traders who prefer to trade in a specific market session, Christopher takes advantage of the flexibility provided by the currency markets, and he trades in all sessions, most often when he’s taking a study break from pursuing degrees in both finance and computer science.
Mr. Lewis most often trades on the daily or weekly chart, rather than on a shorter time frame, making his market outlooks suitable for traders in all time zones. In addition to multiple daily analyses, he has been providing DailyForex.com traders with regular video analyses for several years. He also contributes weekly Forex forecasts, monthly outlooks and even yearly forecasts, all of which are all highly valued by his loyal following. Christopher has tested dozens of Forex trading platforms during his years as a trader, though he now uses GFT’s 360 DealBook when placing personal trades.
In late 2014 Mr. Lewis began contributing signals to ForexSignalz.com, where he collaborates with DailyForex’s chief trader, Adam Lemon, to provide additional signals to serious traders directly to their mobile phones. Mr. Lewis’s signals, although not overly aggressive, are largely based upon his own personal trades and trading strategies that he has cultivated over many years, making them suitable for traders at all levels and for traders using a range of trading platforms.
When he’s not studying, trading or chasing after his two young children, Christopher manages to find time to operate his own Forex website, aptly called The Trader Guy.
Latest 12 Articles
The Euro continues to see a lot of noisy trading, as we are obviously in the same range we have been in for some time now.
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The gold market has rallied slightly on Friday, as traders are trying to determine whether or not interest rate markets will calm down.
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The US Dollar is continuing its assault on the Japanese yen, as we are approaching a massive resistance barrier that has stood since 1990.
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The US Dollar rose against the Swiss Franc on Friday, as we continue to see people play the interest rate differential. This is a pair that pays you a positive swap as well, leading to even greater gains for some.
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The Bitcoin market continues to see a lot of noise with the interest rate situation and the latest headlines coming out of the Middle East conflict.
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The US dollar continues to see a lot of buying pressures in most markets, including against the Canadian dollar, based on higher US rates at the moment.
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The Euro rallied again during the Friday trading, as we continue to see a lot of interest rate traders getting involved in anything they can against the Franc. Expect buyers on dips from what I see.
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US dollar rose against the Mexican peso on Friday, as we continue to see a lot of interest rate moves driving things forward.
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Silver continues to be very noisy at the moment, as the interest rate markets continue to see a lot of volatility.
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Stocks, FX, commodities, and crypto remain near critical zones as rising rates and global uncertainty drive market conditions.
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USD/JPY is holding near a major ceiling around 160, with 158 acting as support and a break above 160.40 potentially opening a much bigger upside move.
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