Adam Lemon
About Adam Lemon
Adam Lemon began his role at DailyForex in 2013 when he was brought in as an in-house Chief Analyst. Adam trades Forex, stocks and other instruments in his own account. Adam believes that it is very possible for retail traders/investors to secure a positive return over time provided they limit their risks, follow trends, and persevere through short-term losing streaks – provided only reputable brokerages are used. He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch.
Chief Analyst for DailyForex since October 2013
Education:
B.A. in Political Science from the University of Warwick, U.K.
Diplomas in Law and Legal Practice from the College of Law, London, U.K.
Financial Qualifications:
Fund Management, Investment Management – U.K. Chartered Institute for Securities & Investment
Financial Career Highlights:
AVP, Merrill Lynch International Bank,U.K.
Featured In:
FXStreet,Gold-Eagle , MoneyShow
Favorite assets to trade: anything trending strongly or with high volatility
Snapshot
Latest 10 Articles
A weakening US Dollar suggests that a bearish reversal is becoming increasingly likely, possibly after the price touches a key resistance level at 18.6617.
- Forex Today: Stocks Plummet, Japanese Yen Surges
- 07/25/2024 6:21
Risk Sentiment Deteriorates With Big Tech Selloff, S&P 500 Index Worst Day in Almost a Year, Asian Stocks Follow Sharply Lower; Bank of Canada Cuts Rates by 0.25%; USD/JPY, Silver Hit 2-Month Low; Indian Rupee Still Threatens Record Breakdown
- EUR/USD Forex Signal: Bearish Breakdown Below Price Channel
- 07/24/2024 6:52
Price action makes a break below the former ascending price channel as a bearish head and shoulders pattern completed, yet we see support holding at $1.0840.
- Forex Today: Bank of Canada Rate Cut Expected
- 07/24/2024 6:04
Bank of Canada Expected to Cut Rates by 0.25%; USD/JPY Hits 2-Month Low, US Dollar Bulls Push Into Resistance Zone; Indian Rupee Threatens Record Breakdown
- GBP/USD Forex Signal: Bearish Below $1.2950
- 07/23/2024 7:05
The British Pound is falling again against the US Dollar as it continues to consolidate below the area of resistance at $1.2950, although the price has frequently found support at the round number of $1.2900.
- Forex Today: Indian Rupee Retreats From Low
- 07/23/2024 6:57
Indian Rupee Gains After Flirting With Record Low; US Dollar Continues To Sit Below Resistance; VP Harris Favourite for Dem Nomination, Trump Favourite for Election; Stocks Rise Yesterday
- USD/INR Forex Signal: Breakout to New Record High Possible
- 07/22/2024 6:57
After closing Friday at a record high closing price, the Indian Rupee is threatening to fall to a new all-time low against the US Dollar if the Reserve Bank of India fails to intervene.
- Forex Today: Indian Rupee Threatens Breakdown to Record Low
- 07/22/2024 6:31
Indian Rupee Makes Record Low Close Against USD; US President Biden Announces Withdrawing From Race, Endorses VP Harris; US Dollar Fails to Rise After Testing Resistance Zone at 103.92; US Stocks Edge Higher
Last week, market sentiment was sour, and stocks fell quite strongly, especially in the USA. Analysts saw strong and heavy rotation following higher perceived odds of a Trump presidency, while the US dollar strengthened into an area of key resistance.
After dropping quite strongly earlier this week on questionable risk sentiment and a strong US Dollar, the price now seems to have bottomed out from the support level at $0.6721. Higher prices are likely today if the price holds up above $0.6732.