Opposite Trading Pairs

Discussion in 'Forex Trading' started by oddiduro, Mar 8, 2006.

  1. This question must have been asked before, someone point the way:)

    What trading pairs trade opposite each other??

    For example if EURUSD is trending down, what currency pair is likely to be trending up?

    Best Regards
    Oddi
     
  2. BDGBDG

    BDGBDG

    If EURUSD is trending down, then USDEUR would be trending up.

     
  3. I KNEW someone would say that.....

    I mean a DIFFERENT pair, and I will save the expletive.

    Regards
    Oddi
     
  4. EUR/USD

    USD/CHF

    -Kastro
     
  5. Thanks Kastro,

    I there a list of these kinds of pairs anywhere?

    Best Regards

    Oddi
     
  6. mahras2

    mahras2

    Just do a simple correlation study on the different pairs. That should tell you the relationships in price movement between different pairs.
     
  7. hcour

    hcour Guest

  8. Here are 6 sets of daily (5, 20, 100) and hourly (ditto) correlations, updated continuously, incl. many crosses and some exotics:

    http://www.mataf.net/en/analysis-correlation.htm
     
  9. gowron8

    gowron8

    EUR/USD and USD/CHF is my favorite and I usually make sure that confirmations exist in both currency pairs (in oppostie directions) before entering a trade in one of the currency pairs.
     
  10. Thanks to all that replied.

    This information will due nicely.:)

    Best Regards
    Oddi
     
    #10     Mar 9, 2006