Darius_trader

Darius_trader Updated 

Hello dear traders. Gold prices (XAU/USD) are currently consolidating above the $1,900 level during Tuesday's Asian trading session. Traders are choosing to be cautious ahead of the upcoming monetary policy meeting of major central banks. This week, the Federal Reserve (Fed), will announce their interest rate decisions, potentially leading to market...

Darius_trader Updated 

World gold price: today was stable with spot gold down 1.7 USD/ounce to 1,931.7 USD/ounce. It can be seen that this precious metal has not changed too much compared to today's trading version. Based on H4 chart analysis, we can see that the price just bounced back to our buy point at 1936 USD. Assuming that gold is still in an uptrend. Therefore, there is a high...

Darius_trader

The USD/JPY pair traded sideways in the 147.70-147.85 area during the early European session on Wednesday. At the time of writing, the major pair is trading at 147.83, down 0.01% on the day. Markets turned cautious ahead of the Federal Reserve's (Fed) key interest rate decision on Wednesday during the North American trading session. Market participants will be...

Darius_trader

The AUD/USD pair struggled to gain any meaningful traction during Wednesday's Asian session and remained below two-week highs, around the 0.6470-0.6475 touch zone. Yesterday. Spot prices are hovering within a familiar band and are currently hovering around the mid-0.6400s, pending the outcome of the highly anticipated FOMC policy meeting ahead of the next leg of...

Darius_trader

The GBP/USD pair continued to struggle to find any meaningful recovery and extended its consolidative price moves for the third straight day on Wednesday. Spot prices traded below the 1.2400 mark during the Asian session and remained within striking distance of their lowest since early June. Traders now seem reluctant and opting to wait on the sidelines ahead of...

Darius_trader

Hello dear traders. During the Asian session on Wednesday, the EUR/USD pair rose slightly and partially reversed the pullback from the 1.0715-1.0720 area that occurred the previous day. However, spot prices remain below the 1.0700 round figure and close to a six-month low hit last Friday. Traders are eagerly awaiting the outcome of the highly anticipated FOMC...

Darius_trader Updated 

Hello everyone, it's Darius again. Good day everyone. In today's session, the AUD/USD pair extended the sideways consolidation trend seen during Tuesday's Asian session and remained confined to the familiar trading range maintained over the past week or so. Spot prices remained stable around the 0.6435-0.6430 area and showed little change after the meeting...

Darius_trader Updated 

Hello friends! USD/JPY recovered from losses recorded the previous day, trading higher around 147.70 during the Asian session on Tuesday. The pair is receiving bullish support ahead of interest rate decisions from the US Federal Reserve (Fed) and the Bank of Japan (BoE). However, the US Dollar (USD) faces weakness due to the possibility that the Fed will maintain...

Darius_trader Updated 

Hi everybody! Gold today clearly showed a certain improvement when returning to the price level of 1915 USD. The recovery in gold prices is mainly due to better economic data from the US during this time. Leading to predictions that gold will increase slightly before the next move today. Looking at the technical picture of Gold on the 4-hour chart, we can see that...

Darius_trader Updated 

Hello everyone ! Last Friday the spot price was 147.30, this week we see that "downward pressure is easing and the possibility of further declines in USDJPY has decreased." In NY trading, USDJPY rose above our "strong resistance" level at 147.80 (with a high of 147.96). On the H4 chart we can see that gold is in an uptrend that is expected to decrease in the short...

Darius_trader Updated 

Looking at the technical picture of USD/JPY on the 4-hour chart, we can clearly see that this pair is trading around 147.30 and has momentum to return to the expected short-term bearish support line. _Given that the trend line remains intact as a rule, we must stick to the script and aim lower. That means we will follow that plan. If we clearly see a strong...

Darius_trader Updated 

Hi everybody! Currently GBP/USD remains near three-month lows below 1.2400 early on Monday. The currency pair is struggling to find a floor despite market optimism and widespread weakness in the US dollar. It is important to remain cautious ahead of significant risks such as UK inflation data and Bank of England decisions. On the D1 chart we can see that the pair...

Darius_trader

Darius hello everyone, let's comment on the GBP/USD pair today. This week is a heavy week for the GBP/USD pair as both the Federal Reserve (Fed) and the Bank of England (BoE) are preparing to make interest rate decisions mid-week. The British Pound (GBP) is fighting for its position against the US Dollar (USD) as investors prepare their positions. Technically,...

Darius_trader

Hello dear traders! Darius here! Currently, EUR/USD is trading under pressure below 1.0700 during Tuesday's cautious Asian session. The possibility of the ECB completing a rate hike will weigh on the common currency, while the USD's bearish action could support the pair.

Darius_trader Updated 

Hi everybody! Gold prices are attracting some buying interest today for the third straight day on Monday and gradually rebounding to the $1938 resistance zone. XAU/USD could look to build on the recent decent recovery from the $1900 figure. Technically broke the downtrend and aimed higher at 1938, 1945 and eventually 1950 USD.

Darius_trader Updated 

Hello everyone! Today, EUR/USD is maintaining its initial uptrend below 1.0700, starting the new week on a positive note on Monday. The pair is receiving bullish support due to improving market sentiment and a broad-based pullback in the US Dollar. Looking at the technical picture of EUR/USD on the D1 frame, we can see that the pair is in a downtrend. As we all...

Darius_trader

Hello dear friends! Last week, the AUDUSD pair ended the trading session and closed with a loss. One way or another after observing the 4-hour chart, we can see that the current main trend of AU is still within the rising channel. Therefore, the decrease in AU may just be a cushion for the price increase in this week's trading session. It is likely that this pair...

Darius_trader

Hi everybody! Are you wondering how the XAUSD price is trading today? Gold prices today tend to increase with spot gold increasing 1.2 USD/ounce to 1,925.3 USD/ounce. XAUUSD is strengthening over the weekend and closed higher than Monday's open. BUT! The dollar is also strengthening and on the chart we see several key factors forming and a key zone that could give...