The recent 4-hourly chart of EURUSD and USDCHF shows that both currencies are negatively correlated. We posted yesterday on EURUSD having a possible triple bottom formation. It is observed that USDCHF made a triple top. Thus, it is worthwhile to analyze these 2 pairs together for your
Read more →When major currency pairs are put side by side, there appears to be a relationship between them. In today’s posting, we will discuss their possible ‘correlation’. Correlation of Currencies is about describing the relationship of 2 or more currencies. A positive correlation will mean that if Currency
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