The New Zealand dollar surged against the US dollar, but NZD/USD remains stuck in a tight range where short-term volatility favors range traders.
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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 British pound strengthened against the US dollar on Monday, but GBP/USD is nearing major resistance where the rally may pause unless broader dollar selling accelerates.
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USD/JPY pulled back early in the week, but strong yield spreads continue to favor the US dollar despite short-term consolidation.
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AUD/USD moved higher on Monday, but the 0.67 level remains a key ceiling as low holiday liquidity favors consolidation over a breakout.
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The S&P 500 is gaining momentum into year-end, with a Santa Claus rally lifting prices toward fresh record highs.
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Tesla remains bullish in early Monday trading, with strong dip-buying interest and a likely breakout above the $500 level ahead.
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USD/CAD remains range-bound near 1.3750 as holiday conditions, shrinking rate differentials, and low liquidity favor short-term consolidation.
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USD/ZAR remains under pressure as attractive carry returns and commodity tailwinds favor the South African rand, making rallies selling opportunities.
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USD/CHF continues to defend the 0.79 floor, with SNB sensitivity and thin holiday liquidity favoring short-term bullish bounce trades.
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EUR/JPY continues to push higher as yen fundamentals deteriorate, with thin year-end liquidity and BoJ limitations supporting further bullish momentum.
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Gold continues its powerful uptrend toward $4,500, supported by Fed policy shifts, geopolitical tensions, and sustained central bank buying.
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USD/CHF continues to hover around key support near 0.79, with likely SNB defense and positive carry making dips attractive buying opportunities.
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