Least correlation with EURUSD ?

May 01, 2022 at 08:27
Vues 441
2 Replies
Membre depuis Apr 29, 2022   posts 2
Apr 29, 2022 at 13:16
Im trading in 5M,, Correlation of site doesnt show correctly to me
Membre depuis Apr 29, 2022   posts 2
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 )
Membre depuis May 29, 2020   posts 7
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
Your Partner in Success
Membre depuis Apr 09, 2019   posts 516
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.
Se connecter / S’inscrire to comment
You must be connected to Myfxbook in order to leave a comment
*Lutilisation commerciale et le spam ne seront pas tolérés et peuvent entraîner la fermeture du compte.
Conseil : Poster une image/une url YouTube sera automatiquement intégrée dans votre message!
Conseil : Tapez le signe @ pour compléter automatiquement un nom dutilisateur participant à cette discussion.