DeltaDiamond

DeltaDiamond Oct 6, 2023

GBP/NZD Setup 🕐 4HR'S Chart 📋 Educational 🧾 : WHY IS GBPNZD GOING DOWN? Economic indicators and data releases from both the United Kingdom and New Zealand can have a significant impact. If New Zealand's economic data suggests a stronger economy compared to the UK, it can lead to increased demand for NZD and a depreciation of GBP, causing GBPNZD to go...

DeltaDiamond Oct 5, 2023

🏳️ Name : NZDCAD ( ❗️ Short After Break ) 🗨Time Frame : 4hr Chart / Close 🧾 : WHY IS USDCHF GOING UP? In a risk-on environment in the stock market, investors tend to seek higher returns by investing in riskier assets, including higher-yielding currencies like the New Zealand Dollar (NZD). This can lead to increased demand for the NZD and a rise in the NZD/CAD...

DeltaDiamond Oct 5, 2023

Name : USDCHF ( ❗️ Short After Break ) 🧾 : WHY IS USDCHF GOING DOWN? In times of optimism and confidence in the stock market, investors often seek higher returns by investing in riskier assets. This can lead to a decrease in demand for safe-haven currencies like the US Dollar (USD) and Swiss Franc (CHF), causing the USD/CHF pair to decline. —————————— Bearish...

DeltaDiamond Oct 5, 2023

Name : EURAUD ( ❗️ Short After Break 1.65000 ) 🧾 : WHY IS EURAUD GOING DOWN? Central bank interest rates have a significant impact on currency exchange rates. If the European Central Bank (ECB) lowers interest rates or adopts a more dovish stance while the Reserve Bank of Australia (RBA) maintains or raises interest rates, it can attract foreign capital to...

DeltaDiamond Oct 4, 2023

Name : SILVER ( ❗️ Short NOW) 🧾 : This is my opinion on SILVER A significant portion of silver's demand comes from industrial applications, including electronics, solar panels, and the automotive industry. When industrial activity slows down or faces disruptions, there may be reduced demand for silver, putting downward pressure on its price —————————— Bearish...

DeltaDiamond Oct 4, 2023

Name : GOLD ( ❗️ Short after retest of Break ) 🧾 : This is my opinion on GOLD The stock prices of gold mining companies are closely tied to the price of gold itself. When gold prices rise, these companies tend to see increased profitability, which can lead to higher stock prices. Conversely, falling gold prices can negatively affect their stock performance so...

DeltaDiamond Oct 4, 2023

Name : EURGBP ( ❗️ Short ) 🧾 : This is my opinion on EURGBP I think it's gonna go down because it has rejected this level for so many times and there is some liquidity for market Maker to take down at the bottom + the vp red line ---------------- Bearish Break 0.86372 Area Reasons Major Down Trend / D Visible range Hvn Major Turn level / D Strong Resistance...