Correlation is a measure of how two financial assets move in relationship with each other. It ranges from being a 100% positive correlation, which means both financial assets move in unison or a 100% negative correlation which means both financial assets move in exact opposites. In forex, we can seek […]
Correlation Reports
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Correlation is a measure of how two financial assets move in relationship with each other. It ranges from being a 100% positive correlation, which means both financial assets move in unison or a 100% negative correlation which means both financial assets move in exact opposites. In forex, we can seek […]
A look at the possible correlation between the EUR/USD and the S&P 500 as a means of analysis for trading the EUR/USD.
Good day forex traders. Today let us take a look at the possibility of a correlation between the forex currency pair EUR/USD and the price of Gold. To make money in forex, we need every possible indicator for analysis. The gold price is one of them. Looking at a comparison of the […]
Good day forex traders. Welcome to another correlation report of the EUR/USD and S&P 500. The S&P 500 and EURUSD has shown historically that it is rather correlated due to the similarities of the underlying economy. Personally i use this pair of financial instruments to have a gauge of the underlying […]
Good day forex traders. Welcome to another correlation report of the EUR/USD – S&P 500. Long term readers would have known that this financial instrument pair is something us the geeky koalas look upon regularly. The S&P 500 – EUR/USD has shown historically that it somewhat enjoys a fair amount […]