What Are The Tightest Correlations In FX Land?

Tyler Durden's picture

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rocker's picture

Great Stuff. Thanks Tyler

etrader's picture


Repeated 76.4's are whispering a continution/triangle pattern.

EWI do surpirse with the -ve outlook on euro verses usd,  with such an array of continution ratio's  present....

gwar5's picture

Good stuff for traders and short term trades.

Long term USD does not look good.

US is still broke, and getting broker. No end in sight.

russki standart's picture

Buy Gold, fother precious metals, agricultural land, anything that cannot be printed by a central bank. Who carez at what differential rates all these stinking fiat currency decline? They are going down the toilet, sinking to their intrinsic value, just at differeent rates. The super rich do not trust their safety funds to paper assets, since their are the originiators of the paper asset scam. Think about it.... how can Fed print paper with numbers and on it, and say their created wealth. It is only through constant mind control that we believe in their scam.

plocequ1's picture

Wake me up when the DXY goes below 71.14 , The point where Dr Paul Craig Roberts says the Fed must act. In the mean time, I got some Gold, Apple stock and my Passport all ready

Reese Bobby's picture

I am wary of CAD & AUD because they both have real estate bubbles to pop.  I have been interested in NOK as talking heads never mention it.  Any thoughts, anyone?

Buyemall's picture

Correlation with the equities market is definitely broken except for the intraday timeframe.

weekly chartology us and european portfolio strategy would be very welcome. Mail sent.

Everybodys All American's picture

I'm still at a loss how Bernanke can get away with his intentional destruction of the dollar policy. This very week the IMF calls for a new "reserve currency" and no reaction from anyone. I guess we are all enamored with Egypt. I now know why Volcker left this white house.

scratch_and_sniff's picture

I still haven’t got a confirmed reversal signal in yet, but the technical picture and wave counts look slightly worrying from many studies across the board. Even so, we could still work off these divergences...the divergences aren’t a shock when you look at how this rally evolved, ie we put in 300 pips on the last 2 days of the current peak, and that was never going to be sustained. Upside divergences also have a habit of catching people out, badly. Though I must say, this particular divergence has a certain menace about it, especially on KRI(better at catching short term reversals)

When i was growing up as a catholic, i always yearned to eat the little bits of bread the priest was handing out each week in holy communion, the sacrifice of the eucharist. But tradition had it that i wasn’t prepared for such a ritual at such a young age(as you do), so before i got my wish and could munch on some tasteless bread, i had to go through a strict and lengthy ceremony...it was called confirmation! Without it, we are too weak to fully understand and embrace the glory...and there are still plenty of bids at 1.350.

ivana's picture

The tightest corellation is btw USD-MEXPESO and USD-CAD which shows new currency is already in place as exit solution in case bernankestein completely destroys USD while supporting bankster buddies. SUrely there's no economic reason for this 1.00 corellation whatsoever. Manipulated AMERO is already here.

USD-EUR pair is manipulated by fed & ecb which both play same policy of QEs across atlantic. Reading btw lines, "rating agencies", "spreads", understanding news and media spins ... easily tells that both have same policy of robbing their savers and help exporting inflation to unprotected puppet regimes all over the world via commodity manipulators on major exchanges (fed directly by FED bankster buddies). EUR & USD are like 2 "bad brothers" and need eachother moving artificially against eachother in long run ... rest of daily trading routines and robbing small traders in short/long position is left to big FX vultures which are operational force for major banksters.

German hawks get vocal from time to time just to temporary boost EUR and save industrial exporters ... they both need EUR which is just another manipulated flawed ponzi fiat benchmark for same quality of USD.

Hopefully bond rates will continue up to stop this international bankster plot. What comes after... God help us.

sellstop's picture

I think Noyce is reading his bias into the charts, probably for the gratification of his readers.

AUD topping? The trend is up. I'm surprised that it hasn't slumped more given the China "situation". Therefore I would look to buy before sell short.


USD index? A longer term chart shows a definite weakness. A quadruple bottom over 10 years or so..... Not much beneath.

It is not necessary to be in every move! Just the ones with the best win/loss ratio.