Forex EUR/USD Daily Video, June 22, 2020

jkbarasa

Recruit
Messages
6
Hey bro!
I am really waiting on analysis about the USDJPY it has been long since you did on that.
Is it true that USDCHF is traded and analyzed directly opposite of EURUSD?
 

Sive Morten

Special Consultant to the FPA
Messages
13,648
Hey bro!
I am really waiting on analysis about the USDJPY it has been long since you did on that.
Is it true that USDCHF is traded and analyzed directly opposite of EURUSD?
Hey,
well, not absolutely opposite, I mean CHF and EUR, this "opposition" mostly stand due two reasons. They have opposite ratios in relation to USD - have EUR/USD and USD/CHF. Second, EUR and CHF have significant correlation. This makes them look opposite.

Concerning JPY, I do not see it very interesting for discussion (as well as CAD) and here, on forum it is less popular than EUR, GBP and AUD. That's why we rare take a look on it.
 

jkbarasa

Recruit
Messages
6
Hello sir,
Hope you are well and blessed this morning.
I am waiting for your EurUsd video this morning, but I can't see it. Are you working on it? It always helps big deal.
 
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