Least correlation with EURUSD ?
May 01, 2022 at 08:27
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2 Replies
Member Since Apr 29, 2022
2 posts
Apr 29, 2022 at 13:16
Im trading in 5M,, Correlation of site doesnt show correctly to me
Member Since Apr 29, 2022
2 posts
May 01, 2022 at 08:27
Hello guys.
I want to know which currencies has least correlation with EURUSD ? I dont want opposite of that also, Cause I want to trade 2,3 currenices at the same time and I want them to dont move like each other or exactly opposite.
Thank you )
I want to know which currencies has least correlation with EURUSD ? I dont want opposite of that also, Cause I want to trade 2,3 currenices at the same time and I want them to dont move like each other or exactly opposite.
Thank you )
Member Since May 29, 2020
3 posts
May 01, 2022 at 11:05
All USD Based Currency are correlated with each other
And all USD Quoted Currently Move in an Opposite Direction
So EURUSD Bullish>>>>> USDCHF Bearish
That is a good example
Regards
And all USD Quoted Currently Move in an Opposite Direction
So EURUSD Bullish>>>>> USDCHF Bearish
That is a good example
Regards
Your Partner in Success
Member Since Apr 09, 2019
538 posts
May 05, 2022 at 12:00
The dollar index is near the exact mirror image of EURUSD. Watching the two side by side can be very useful. When they fall out of sync there is normally a strong reaction to bring them back in line.
If you can't spot the liquidity then you are the liquidity.
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