Darius_trader

Darius_trader Updated 

Hello dear traders! Join Darius to learn about the market today. AUD/USD failed to hold above 0.6400 and is approaching September lows around 0.6355. The AUD/USD outlook right now is bearish. On the 4-hour chart, the trend is bearish and a new low is possible when trading below 0.6425. The next level of support can be found at 0.6365, with the final level of...

Darius_trader Updated 

Greetings, Darius and everyone else! During the early Asian trading session on Friday, the AUD/USD pair made a recovery and consolidated around 0.6428. This rebound was fueled by a correction in the US Dollar (USD) and lower yields from US Treasury bonds. At the same time, the US Dollar Index (DXY) decreased to 106.10 after reaching its highest level since...

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Greetings, everyone! Come and join Darius as he delves into the current market conditions. During Wednesday's Asian session, GBP/USD continued its downward trend that commenced on September 20th, trading below the 1.2150 mark. The positive economic data from the United States has further intensified the pressure on this currency pair. In addition to this, the...

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During the Asian session on Thursday, the USD/JPY pair experienced a slight decline from its November highs and was trading around 149.40 with a positive bias. The market is currently cautious due to concerns about the US Federal Reserve's interest rate trajectory, as well as higher US Treasury yields and economic data. Despite a decrease in consumer confidence...

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Hello traders! Today, EUR/USD fell below 1.0600 for the first time in several months, breaking above the key support level of 1.0630. With prices below that, there is a possibility of further losses. The daily chart shows the pair heading towards a range of 1.0510 to 1.0530, which represents the February and March lows. Looking at the technical picture on the...

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Greetings to all! Presently, the price of gold in the global market is experiencing a continuous decline, with spot gold dropping by 14.9 USD to reach 1,900.9 USD/ounce. This decline can be attributed to both the strengthening dollar and the rising yields on 10-year bonds, which have reached significant levels. Even though the US Federal Reserve (Fed) is...

Darius_trader Updated 

Greetings, Darius and everyone else! The USDJPY remained unchanged on Thursday ahead of the double inflation event scheduled for Friday. It continued to hover around the 149.38 level, having retreated from its weekly peak near 149.70. Despite facing a slight setback in its attempt to surpass the psychological resistance at 150.00 on Thursday, this currency pair...

Darius_trader Updated 

The EUR/USD pair started the new week with a slight downtrend and fluctuated in a narrow trading range, around the mid-1.0600 level during the Asian trading session. Meanwhile, spot prices remain within striking distance of their lowest since March touched last Friday and appear vulnerable to an extension of the downward trajectory witnessed over the past two...

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Hello everyone! It's nice to see everyone again in today's discussion. About today's news: EUR/USD is holding lower near 1.0550, at a fresh six-month low during the Asian session on Wednesday. The US dollar remained steady, benefiting from risk-off, maintaining bearish pressure on the pair. EUR/USD briefly traded above 1.0600 but quickly retreated. The pair hit...

Darius_trader Updated 

Hello dear friends. Join Darius to learn about the market today. The AUD/USD pair attracted some dips near the 0.6400 circle mark during Tuesday's Asian session and touched a new daily high in the past hour. The pair is currently trading around the 0.6425 area, up less than 0.10% on the day and remaining confined to the familiar range maintained over the past two...

Darius_trader Updated 

Despite Australian August Retail Sales data disappointing by 0.2%, the AUD/USD is managing to hold onto its recovery gains above 0.6350. The strength of the US dollar, fueled by upbeat US data and better-than-expected durable goods figures, is helping to support this stability. The focus now turns to US GDP adjustments and upcoming jobless claims. The AUD/USD...

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Darius hello everyone! Today, gold prices continued to struggle to reach the price level of around 1,915 USD in the early trading session on Tuesday. The precious metal remains weighed down by a recovery in the US dollar and higher US bond yields. The outlook for XAUUSD is bearish. Looking at the technical picture on the 4-hour timeframe, we can see that the main...

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Hello dear traders, what do you think about Gold? This currency pair is currently trading at 1911 after facing selling pressure from 1916. Gold has reached the support level from last week. According to Darius's opinion, it is expected to increase to the predetermined level after adjusting down to the predetermined level.

Darius_trader Updated 

World gold spot price stood around 1,924.8 USD/ounce, down 0.2 USD/ounce compared to last night. Gold prices increased slightly again after strong selling pressure this week. The gold market is still negatively affected by the monetary policy of the US Federal Reserve (Fed). During the week, the Fed decided to keep interest rates at 5.25 - 5.5%. The DXY index...

Darius_trader Updated 

Hello dear traders. Today the AUD/USD pair gained traction during the early Asian trading session on Monday. The pair's recovery was supported by weakness in the US Dollar (USD) and a decline in US Treasury yields. At the time of writing, AUD/USD is trading at 0.6442, up 0.03% on the day. Australian PMI data showed a slight improvement on Friday. The preliminary...

Darius_trader Updated 

Hello dear friends! Do you have questions about today's market? The GBP/USD pair entered a bearish consolidation phase during the Asian session on Tuesday and hovered in a range just above its lowest since March 17 touched the previous day. The pair is currently trading around the 1.2220 region, although the fundamental backdrop favors bearish traders and...

Darius_trader Updated 

Hello everyone, gold price is currently trading around $1910, down about $10 compared to the previous trading session. Although inflation is expected to decline over a period of time, it may not decline quickly. This will force the Fed to maintain interest rates for a longer period of time. Prolonged high inflation is the main reason why gold is under...

Darius_trader Updated 

Hello everyone, it's nice to meet you again to share about the gold market today. Currently, gold prices increased slightly with spot gold increasing by 8.1 USD/ounce to 1,933.4 USD/ounce. From a technical perspective: on the H4 timeframe of Gold we can see that it is in a downtrend. So we need to stick to the trend and aim lower. If that happens, gold will...