Christopher Lewis | TalkMarkets | Page 1
Forex Trader
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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 ...more

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USD/JPY Forecast: Plunges To Reach Support
The US dollar has fallen rather significantly during the course of the trading session on Friday as we continue to see a massive correction.
GBP/CHF Forecast: British Pound Plunges Against Swiss Franc
At this point, the market is likely to continue to look at the 1.15 level as a major ceiling, and the fact that we have fallen so hard will certainly scare some traders away.
GBP/USD Forecast: Sees Sluggish Behavor
This is a market that I think is just killing time between now and the jobs number on Friday. It's worth noting that the 200 day EMAs is just above, and of course just above there we have the 50 day EMA.
S&P 500 Forecast: Cautious Ahead Of FOMC
The S&P 500 fell somewhat significantly during the trading session on Tuesday, to reach down toward the 50-Day EMA indicator. Also, the market is probably more or less paying attention to the idea that the FOMC meeting is Wednesday.
BTC/USD Forecast: Will Bitcoin Struggle After FOMC?
Bitcoin initially did try to rally a bit during the trading session on Tuesday, but since then has plunged lower. And I think at this point you're better off letting other people step in and try to pick this thing up.
GBP/JPY Forecast: Massive Moves Against Yen
The British pound has been all over the place against the Japanese yen in trading on Monday, initially taking off to the upside before struggling to hang on to gains and plunging massively.
Bitcoin Forecast: Bitcoin Looks For Momentum
Bitcoin fell a bit during the trading session on Friday, but it still looks fairly well supported just above the 50 day EMA. By staying stable in this area, it does suggest that perhaps sooner or later we will turn things around and rally.
Weekly Forex Forecast - Sunday, April 28, 2024
The British pound rallied during the course of the week, as it recently closed near the JPY197 level. It looks like it could continue to go higher, especially now that the Bank of Japan has admitted that they can’t do much about the value of the yen.
GBP/USD Forecast: USD Strength, GBP Weakness
The British pound initially rally during the trading session on Thursday but seems to be looking at the 1.25 level as a major barrier that’s all but impossible to stay above for any significant amount of time.
EUR/USD Forecast: Euro Continues To Grind A Bit Higher
61.8% Fibonacci retracement level is right at the 50 day EMA, and so that's also an area that you'll need to pay attention to.
EUR/USD Forecast: Rangebound And Tight
The 1.07 level above has offered resistance, which makes sense because there's a lot of market memory there, as it previously had not only been resistance, but it's also been support.
USD/JPY Forecast: Dips Are Opportunities
The US dollar continues to squeeze higher against the Japanese yen, as the interest rate differential continues to be a major driver.
GBP/CHF Forecast: British Pound Has A Wild Ride Against The Franc
I continue to watch the British Pound against the Swiss franc overall, as this is a pair that I think could enter the headline soon. This is mainly due to the fact that there is such a massive interest rate differential between the two currencies.
Pairs In Focus - Sunday, April 21
Silver experienced another volatile week, but what I'm paying the most attention to is the fact that the $28.50 level continues to be a barrier. Between the $28.50 level and the $30.00 level, there is a significant amount of selling pressure present.
BTC/USD Forecast: Bounces From Support
Bitcoin has rallied significantly during the course of the trading session on Thursday, as we have seen the $60,000 level offer significant support.
GBP/CHF Forex Signal: Stable Against Franc
The British Pound continues to look strong against the Swiss franc, and as we are close to a major support barrier in the form of the 1.13 level, I am a buyer at this level.
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