Darius_trader

Darius_trader Updated 

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...

Darius_trader Updated 

The EUR/USD pair seems to have entered a period of bearish consolidation and is currently trading within a narrow range around the 1.0465 level. This marks a new low for the year, which was reached during the European session on Tuesday. The euro has been weakened by indications that high inflation in the euro zone may be coming to an end, as well as economic...

Darius_trader Updated 

Yesterday, the pair was observed engaging in limited trading activity, as it dropped to 1.2076 and consolidated its recent decline. This decline is the lowest it has been since March 16th during Tuesday's Asian session this week. The primary reason behind this downward trend can be attributed to the underperformance of the British Pound (GBP) following a...

Darius_trader Updated 

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.

Darius_trader Updated 

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...

Darius_trader Updated 

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...

Darius_trader Updated 

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...

Darius_trader Updated 

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...

Darius_trader Updated 

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...

Darius_trader Updated 

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...

Darius_trader Updated 

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...

Darius_trader Updated 

Let's explore the market with Darius today. The EUR/USD pair struggled to capitalize on the previous day's gains from just below the psychological 1.0500 mark or a new eight-month low and fluctuated in a tight range during the Asian session on Friday . A strong recovery from the lowest daily close of the year so far has improved the outlook for the Euro, although...

Darius_trader Updated 

Greetings, everyone! Darius here. The price of gold continues to decrease today, currently trading at a low price of 1864 USD. This is due to the high bond yields and the strong US dollar, both exerting pressure on the precious metal. According to Darius's perspective, the low price of 1861 could be tested once again and then considered as a significant support...

Darius_trader Updated 

Darius is delighted to have the opportunity to meet with you once again and discuss the topic of Gold. Today, we witnessed a remarkable turn of events after several consecutive days of declining prices. Gold experienced a slight increase and is currently being traded at 1871 USD, which signifies a rise of approximately 6 USD compared to yesterday's trading...

Darius_trader Updated 

Join Darius on a journey through the market today. As Friday progresses, GBPUSD remains in an uptrend for the second day in a row, benefiting from the weakening US Dollar and currently trading at 1.2217. Darius shares his personal opinion that this currency pair will experience a slight but insignificant price increase in the short term. However, it is important...

Darius_trader Updated 

Hello dear friends, AD is delighted to meet you all again. Contrary to yesterday's prediction, we have witnessed a significant decline in gold. It is currently trading at a low price of $1874 due to the pressure exerted by the hawkish stance of the Federal Reserve (Fed), which continues to drive up bond yields and the USD, suppressing the upward trend in metal...

Darius_trader Updated 

Let's explore the price of gold with AD! Today, the price of gold continues to maintain its downward trend, trading around $1876 per ounce. The US dollar continues to strengthen against many other currencies. Gold prices are facing downward pressure due to the US and European stock markets extending their decline as concerns grow that central banks will maintain...

Darius_trader Updated 

Shall we recap the weekend trading session with Darius? At the conclusion of the trading session, there was a consistent upward trend in USDJPY, leading it to reach 149.36. The positive data released by Japan on Friday provided support and strengthened this upward movement. Taking a technical perspective and analyzing the D1 chart, it is evident that the Dow has...