Related currency pairs - correlations between currency pairs

 article about Related currency pairs - correlations between currency pairs
2018-10-16 04:15:55
When trading forex, you will notice that some currency pairs seem to move in the same direction at the same time. Which means that those currency pairs are related to each other. Sometimes when you see one of the related pairs move and the other not (yet), there might be a good time to trade. Which of the pairs you will base your trade decision on is of course already a more difficult question - you just need to follow the charts and make your own decisions.

If you're not trading yet, but would like to give it a shot, feel free to sign up with this broker, considering it's perfect for beginners and you can deposit ANY amount with Bitcoin or Litecoin without even sending them your ID.

Currency pairs that are usually moving in the same direction
GBPUSD/USDJPY
EURUSD/GBPUSD
USDCHF/USDJPY
AUDUSD/GBPUSD
AUDUSD/EURUSD
AUDUSD/GOLD
CADJPY/OIL

Currency pairs that are usually moving in the opposit direction
AUDUSD/USDJPY
EURUSD/USDJPY
GBPUSD/USDJPY
GBPUSD/USDCHF

Obviousy, it does not mean synchronous movements, instead often one pair can indicate a change soon after in the other.




have your say





more in Trading
What is the best anonymous forex and crypto trading platform?
Related currency pairs - correlations between currency pairs

The best anonymous forex broker that I have found for myself. This mt5 broker offers anonymous Bitcoin and Litecoin deposit option, plus there is pretty much no minimum deposit, and no authentication required when it comes to registration.

eifu.org

Eifu offers you best sites for betting with bitcoin, current poker bonuses as well as best cryptocurrencies to invest in as well as odd news from around the globe.

get in touch

You can find my contact information from the contact page or by visiting Eifu Facebook page



We work with casinos and gambling