SMCI is intimate with NVDA and the couple are doing quite well. I got some more at $750 and 2 days ago. Predictive Modeling is suggesting a $1000 price by Tuesday afternoon. That would be a 33% return in less than a week. The chart shows the bull flag after the reversal out of the down trend where I bought upon the mass index signaling. The AI indicator...
Shall we delve into the world of GBPUSD trading with Darius during this weekend's session? The GBPUSD market experienced a slight rebound following months of continuous decline, closing just above 1,220. However, the pair is still grappling with the pressures of a prevalent downtrend. In addition, inflation remains a major concern for both the Bank of England...
Let's delve into today's market! During the recent trading session, Audusd moved around the range of 0.6429. Taking a technical perspective, let's examine the D1 chart. We observe that this currency pair has been affected by a peak formation, leading to a subsequent decline. At present, it is moving in a sideways manner within a particular range. Should this...
Hello everyone, let's join Darius to explore this week's trading session! The price of gold worldwide continued to show its decline at around $1843 in the beginning of the week. Gold has been continuously plummeting since the Federal Reserve kept interest rates unchanged during their September policy meeting and reiterated that rates will remain higher for a...
The price of gold is currently trading below $1,850, the lowest level since March 10th, putting the final quarter of the year in a negative state. The US Dollar (USD) is strengthening against its major counterparts, supported by the recent rise of the US Dollar. Furthermore, the persistent hawkish tone of the Federal Reserve combined with the resilient US economy...
Hello dear friends! Darius is very happy to see you again in today's chat. Today, the gold market has broken the upward trend from $1900 per ounce and continues to trade at a low price in a challenging environment. From a technical perspective, gold may retest the level of 1888 before new developments push it forward.
Come and join Darius in a discussion about the Gold market happening this weekend! We have just witnessed a rather volatile week of trading in the Gold market, with prices reaching their lowest point in recent months at 1848 USD. From a technical standpoint, there has been a continuous decline in Gold prices, as important support levels are being broken. This...
During the Asian session on Wednesday, the USD/JPY pair encountered difficulties in gaining significant momentum and instead remained within a narrow trading range. Currently, it is hovering around 149.00, slightly below Tuesday's peak which reached its highest level since October 2022. The minutes from the Bank of Japan (BoJ) policy meeting state that there have...
GBPUSD is currently in a phase of recovery on the 4-hour chart, bouncing back from its previous decline at 1.2109. The current price stands at 1,220. It is worth noting that there is a possibility of GBP's strong recovery extending to around 1.2250 before stabilizing. However, it is unlikely that the next level of resistance at 1.2300 will be challenged. Despite...
Hello dear readers, let's explore the EURUSD market in the new week's trading session! Currently, this currency pair is still maintaining a downward trend, currently at 1.0563. It is attempting to find a strong upward direction for itself. However, it is being hindered by the prospects of further tightening from the Federal Reserve which has boosted US Treasury...
The USDJPY is currently trading at its highest level in several months, reaching 149,598 USD. This currency pair continues to exhibit strong upward movement within the uptrend channel. Looking ahead to the next 1-3 weeks, our most recent report was issued last Thursday (September 28), when the spot rate stood at 149.45. The report noted that if the USD remained...
Hello dear traders! Join Darius to learn about the market at the beginning of the new week! USDJPY, which opened higher at the beginning of the week, is currently trading at 149.78 USD in early Asian trading on Monday. This level is considered an 11-month high after bouncing off the low of 148.52 following the release of the Bank of Japan (BoJ) Summary of...
Greetings everyone! Come and join Darius as he provides insights into the market for the start of the week! The beginning of the new week saw a slight downward movement in the EUR/USD pair, with trading fluctuating within a narrow range just above the mid-1.0500 level during Asia's trading session. Following a strong recovery from this year's lowest daily...
Hello everyone! Let's kick off the week by delving into the market alongside Darius. During the Asian session on Monday, the AUD/USD pair is retracing towards 0.6400. Despite China's predominantly positive business PMIs, it seems that this news failed to ignite any inspiration in the pair. Furthermore, a surge in US Treasury yields coupled with a mixed sentiment...
Hello everyone! Join Darius as he provides insights into the market at the beginning of this week! At the start of the week, GBPUSD experienced a higher opening around 1.0568 but struggled to attract significant buying interest. It moved within a range just below 1.2200, taking into account the cautious approach towards placing fresh bullish bets on the...
In late September, the global price of gold dropped to over 1,866 USD per ounce, marking a decrease of almost 100 USD or a loss of more than 5% in just one month. This decline stands as the second largest monthly drop witnessed this year. The primary reason for this may be attributed to the current monetary policy implemented by the US Federal Reserve (Fed),...
Hello everyone! Today, the EURUSD continues to maintain its upward momentum from the previous decline at 1.049 level. The growth indicators continue to support this currency, although there may be a slight price adjustment in the short term. The next step for EU is to surpass the resistance level of 1.0615, which is considered significant. After that, this can...
Hello everyone! The current trend for gold prices is downward, as it has slipped below the important psychological support level of $1,900 per ounce in the early morning trading session. It is currently trading at $1,874 per ounce. Additionally, the hawkish stance of the Federal Reserve continues to push up bond yields and the US dollar, suppressing the upward...