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  • Correlating Currency Pairs

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    quentin oliver
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    The document discusses how currency pairs correlate and move in relation to one another. It states that if the first two currency pairs in a group move in the same direction, the third pair will move in an even stronger direction. It also notes that if the first pair is trending up and the second down, or vice versa, the third pair will have a strong bullish or bearish trend respectively. Specific currency pair groups that correlate are provided as examples.

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    The document discusses how currency pairs correlate and move in relation to one another. It states that if the first two currency pairs in a group move in the same direction, the third pair will move in an even stronger direction. It also notes that if the first pair is trending up and the second down, or vice versa, the third pair will have a strong bullish or bearish trend respectively. Specific currency pair groups that correlate are provided as examples.

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    © All Rights Reserved
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    143 views2 pages

    Correlating Currency Pairs

    Uploaded by

    quentin oliver
    The document discusses how currency pairs correlate and move in relation to one another. It states that if the first two currency pairs in a group move in the same direction, the third pair will move in an even stronger direction. It also notes that if the first pair is trending up and the second down, or vice versa, the third pair will have a strong bullish or bearish trend respectively. Specific currency pair groups that correlate are provided as examples.

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    of 2

    CORRELATING CURRENCY PAIRS

    REGULAR PAIRS:

    If the first two currency pairs move in the same direction, the
    third pairs’ direction will be even stronger and move in the
    same direction.

    GBP / USD USD / JPY - GBP / JPY


    GBP / USD USD / JPY - GBP / JPY

    GBP / USD USD / CHF - GBP / CHF


    GBP / USD USD / CHF - GBP / CHF

    EUR / USD USD / CAD - EUR / CAD


    EUR / USD USD / CAD - EUR / CAD

    EUR / USD USD / CHF - EUR / CHF


    EUR / USD USD / CHF - EUR / CHF

    EUR / USD USD / JPY - EUR / JPY


    EUR / USD USD / JPY - EUR / JPY

    AUD / USD USD / JPY - AUD / JPY


    AUD / USD USD / JPY - AUD / JPY

    AUD / USD USD / CAD - AUD / CAD


    AUD / USD USD / CAD - AUD / CAD

    NZD / USD USD / JPY - NZD / JPY


    NZD / USD USD / JPY - NZD / JPY
    When the first pair is in an uptrend, and the second pair is in a
    downtrend, then the third pair is strongly bullish.

    EUR / USD AUD / USD - EUR / AUD


    EUR / USD GBP / USD - EUR / GBP
    AUD / USD NZD / USD - AUD / NZD

    When the first pair is in a downtrend, and the second pair is in an


    uptrend, then the third pair is strongly bearish.

    EUR / USD AUD / USD - EUR / AUD


    EUR / USD GBP / USD - EUR / GBP
    AUD / USD NZD / USD - AUD / NZD

    USD / CHF USD / JPY - CHF / JPY


    USD / CHF USD / JPY - CHF / JPY

    COMMODITIES:

    The U.S Dollar and Gold tend to move in opposite directions.


    Oil tends to go up when USD / CAD goes down.

    USD Gold
    Gold AUD / USD
    Oil USD / CAD

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