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.
USD/CHF rallied to the key 0.80 level and 200-day EMA Thursday as spiking US rates and a 0% Swiss franc yield made for an easy carry trade, with a break above Tuesday's high needed to confirm a sustained bullish move toward higher ground.
NASDAQ 100 whipsawed Thursday as spiking US rates and Trump's Iran comments sparked a sharp Asian-led selloff, before resilient buyers pushed the index back above 23,800 toward the 200-day EMA ahead of a Good Friday market closure.
Copper bounced from the critical $5.50 level Thursday as spiking US yields sparked a risk-off selloff, with bulls watching $5.70 for a breakout toward $6.00 and bears eyeing a drop to the 200-day EMA at $5.34 if support fails.
AUD/NZD grinds higher as RBA rate hikes diverge from expected RBNZ cuts, with 1.1950 support and the 50-day EMA near 1.19 backing a bullish move toward 1.2150 and a longer-term target at 1.23.
AUD/JPY pulled back before finding buyers near the 50-day EMA and 110 yen support, with the interest rate differential and Japan's oil import vulnerability keeping the bullish trend intact and a target set at 112.30 with a stop at 109.
Silver sold off hard Thursday before bouncing sharply from the key $70 floor as US 10-year yields retreated below 4.3%, keeping price within the established $70–$90 range with short-term upside momentum building into a thin Good Friday session.
NZD/USD fell sharply to the key 0.57 support for the third time this week after Trump's address spiked US rates, before bouncing as markets reassessed, with 0.58 resistance and US 10-year yields at 4.30% as the next critical levels to watch.
Gold whipsawed Thursday, crashing to 4600 on a US rate spike before reversing, with traders warned to keep positions small amid headline-driven volatility and a key 50-day EMA overhead.
EUR/USD fell Thursday after Trump's address spiked US rates, but reversed from 1.15 support, keeping the pair rangebound between 1.14–1.1650 with the 200-day EMA as resistance.
AUD/USD fell hard on Thursday but rebounded near 0.69, showing resilience as traders weigh US yield pressure against RBA support and recovering risk appetite.
ADP Non-Farm Surprises to Upside; Core Retail Sales in US Strong; ISM Manufacturing in US Also Strong; Trump States Iran “Asked for a Ceasefire”; Trump gives national address; Risk Appetite Returns
Apple is in so many funds at the moment, that it will continue to be “favored” when times turn positive, like we might be doing now.
