Correlation

Piptaker

Having traded EUR/JPY and AUD/USD for some time now I must disagree with your chart that states that the two pairs are correlated to behave the same way. I find the exact opposite. Can you please tell me how you calculate your correlation conclusions?
Regards
Gary
Piptaker

Arnaud

EURJPY and AUDUSD were well correlated until the beginning of March this year. (On the daily chart)

Piptaker

OK fair enough, but since then? I've always been cautious about correlations anyway but Dollar up=gold down, Dow down gold up etc, has normally been a penalty kick, however EUR/JPY AUD/USD I don't believe is a reliable enough correlation, to hang your hat on, as you have proved by the chart. Yet the correlation chart is showing a different signal?

Arnaud

For the last few weeks the correlation between currencies is a bit erratic.

DEke

Arnaud I stick to shorter time frames like the 1Hour. Pretty accurate

DEke

Arnaud, is there a way I can 'freeze' the 1st column listing the currencies down the left hand side. The reason I ask this is because the width of my screen cannot accommodate the all the currencies I look at. I hope I am making myself clear?

Arnaud

DEke the change has been done 👈😎👉
have a nice week end

Arnaud

I'll see what I can do

DEke

Arnaud Man you are a star!!