USD/MXN extends its decline below the critical 18.00000 level, with Fed-driven dollar weakness and historical volatility zones pointing to further downside risks amid thinning holiday liquidity.
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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
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FTSE 100 retreats after failing near 9,800, but with solid support at 9,500 and bullish fundamentals, the index appears poised for consolidation before another push higher.
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NZD/USD trades near key resistance at 0.58 with the 200-day EMA overhead. A breakout could target 0.59, while rejection may send the pair toward the 50-day EMA.
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The US dollar weakens against the South African rand, breaking key support amid strong commodity prices and a bearish Fed outlook. 16.50 ZAR may be next.
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AUD/USD faces strong resistance at 0.67, raising the risk of a double top as the US dollar regains strength and traders eye a possible return to range-bound price action.
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USD/CHF consolidates near a potential bottom amid fading dollar weakness and SNB intervention risks, keeping long setups attractive with a bounce toward 0.8050 on the table.
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The euro shows signs of exhaustion near 1.18 against the US dollar, as traders digest the Fed's rate cut and signs of financial stress; a breakout or breakdown could shift the current range-bound momentum.
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USD/CAD continues to probe the 1.3750 zone for support, with the market awaiting a decisive move either higher toward 1.3825 or lower to 1.3575, amid characteristic volatility and flow-driven behavior.
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The British pound struggled near the 1.34 level on Friday, with technical resistance and diverging central bank policies hinting at further downside unless the pair breaks above 1.3450 decisively.
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Weekly review of USD, EUR, GBP, Bitcoin, and Nasdaq highlighting key technical levels for smarter trading decisions.
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Silver continues its explosive rally, touching $65 on Thursday as momentum, short squeezes, and structural supply shortages drive extreme price action.
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