IntegrityFX's Commentaries
Mar
16
2010
EURUSD: Using Correlations in Your Trades
by IntegrityFX
Overall Rating:
The euro is definitely deserving of its nickname of the anti-dollar. The market never seems to favor both at the same time. So the question you must ask yourself as well is: Is time to sell the dollar? To do this I will look at USDCHF as it correlates to EURUSD (EURUSD and USDCHF have a historically strong negative correlation). Now, I am not suggesting a correlated trade, but rather looking at a correlated currency [...]
Tags: david-leal | chf | correlations | eur | forex | trade | usd
