USD/JPY continues to attract buyers on dips, with the 200-day EMA near 155 acting as support and 160–160.50 remaining the major upside target.
Technical Analysis
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
EUR/USD remains pressured by rising US rates and Middle East risks, with 1.18–1.1850 capping upside and a break below 1.1680 threatening deeper losses.
Technical Analysis
The DAX is struggling near 24,000 as rising German yields and energy supply fears keep traders cautious amid ongoing Middle East uncertainty.
Stock Market Today
Top Regulated Brokers
USD/CAD is testing the 50-day EMA as dollar momentum builds, with 1.3750 the key breakout level and 1.36 as support if the move fades.
Technical Analysis
Bitcoin remains resilient despite risk aversion, with buyers defending pullbacks as the market eyes the 200-day EMA and a potential breakout above $84,000.
Technical Analysis
USD/CHF remains bullish as rising US rates and a wide yield differential favor the dollar, with 0.79 and 0.80 as the next upside targets.
Technical Analysis
Advertisement
Silver remains bullish but volatile, with buyers defending pullbacks while $90 caps upside and $80 offers key support.
Technical Analysis
Natural gas remains under pressure as weak seasonal demand keeps rallies capped, with traders still looking to sell exhaustion below the $3.00 ceiling.
Technical Analysis
The NASDAQ 100 pulled back as rising US yields pressured risk appetite, with traders watching for deeper value after a sharp multi-week rally.
Stock Market Today
Bonuses & Promotions
Gold remains volatile around the 50-day EMA, but buyers are still defending dips as traders watch for a breakout toward $4,880.
Technical Analysis
Bitcoin has pulled back a touch in the early part of the Monday session, as we are likely to continue to see the 200-Day EMA offering a bit of a wall.
Technical Analysis
The British pound rallied on Monday, as we have seen a lot of US dollar weakness in general. At this point, we are now facing a significant resistance barrier as well.
Technical Analysis
Subscribe Sign up to get the latest market updates and free signals directly to your inbox. *By registering you agree to receive communications.
Please enter a valid email address