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Lewis Barber is a professional forex trader with experience across a large variety of markets. Although he focusses primarily on forex trading Lewis also has experience of trading stocks, commodities and indices as well. He believes in adopting simple, straightforward and easy to follow... More
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  • Daily Forex Trading Commentary - Tuesday 20th May 2014 0 comments
    May 20, 2014 6:42 PM

    AUD/JPY - Price Breaks Down Below Key Support

    Price broke down below key support at 9450 today and looks to be well positioned for a new downtrend. We will wait and see if we get a small retracement before looking to short this market inline with the recent selling pressure.

    (click to enlarge)

    Dow Jones - Making Lower Highs, Sell Off To Continue This Week?

    This market started to sell off from near 16800 last week and has produced a pattern of lower highs on the daily timeframe. There is no key support until 16000 so we may see more downside in this market over the days / weeks to come.

    (click to enlarge)

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