Christopher Lewis
Financial Markets Analyst at Freelance
Analyst and Blogger at The Trader Guy
Prop trader and analyst at numerous venues globally, check out my free newsletter for thoughts and ideas.
Articles
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3 days ago |
fxempire.com | Christopher Lewis
The natural gas market continues to look somewhat bullish at the moment, but when you step back a bit, you can see the consolidation area that will matter for traders to make decisions. Ultimately, we are looking at a market that is probably somewhat feeling the effects of the season as well. Natural Gas Technical AnalysisThe natural gas market has drifted a little bit lower in the early hours on Wednesday as we continue to see a lot of noisy behavior.
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3 days ago |
fxempire.com | Christopher Lewis
The gold market continues to see a lot of noise, but at this point in time, the market needs to pull back a bit in order to offer a bit of value for those who haven’t been involved recently. Gold Technical AnalysisGold markets initially did try to recover a bit during the trading session on Wednesday, but we have softened up yet again. That’s not to say that anything has changed from a longer term standpoint, I still think gold is a very bullish place to be.
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3 days ago |
fxempire.com | Christopher Lewis
Crude oil markets continues to look as if they are building a bit of pressure in a basing pattern. With this, the market is likely to continue to see a lot of choppy behavior. However, I think we eventually go higher overall. WTI/CL Technical AnalysisThe light sweet crude oil market has been a little bit sideways during the early hours on Wednesday as we continue to see a lot of back and forth trading overall.
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3 days ago |
fxempire.com | Christopher Lewis
The silver market continues to see a lot of noisy trading, but at this point in time, we are taking a bit of a rest after a massive amount of upward pressure. Silver Technical AnalysisSilver has been very noisy during the trading session here on Wednesday in the early hours, as it looks like we are still trying to come to grips with this massive move to the upside that challenged the $35 level.
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3 days ago |
fxempire.com | Christopher Lewis
The Bitcoin market continues to see a lot of noise in general, but at this point in time, the market is still bullish, despite the recent drift lower. After all, BTC gained 40% in roughly 5 weeks, so some work will be needed to make value a thought again. Bitcoin Technical AnalysisBitcoin has really not done much for the session on Wednesday as we are just simply consolidating just below the $110,000 level.
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