AW US Dollar and Euro Analysis - Examining the Correlation...
In this video I compare the difference between the waves in the US Dollar and the Euro charts since 2008.
They have not unfolded in exactly the same way, but both provide clues about what we may see moving forward.
I am actually quite pleased about these differences because the US Dollar indicates further strength in the future whilst the Euro indicates a retracement target.
Put them together and it explains why the USDCAD chart is indicating weakness ahead and why the AUDUSD indicates strength ahead.
Of course, this analysis is based on probabilities, and no one really knows what will happen.
I do however enjoy using AriasWave to dissect the waves in my spare time and sharing it with you.
If this doesn't resonate with you in any way, I am sure there is an abundance of material out there that can help you reach your goals.
Whatever that may be, it's probably better that you make your own decisions rather than just searching for tips like a gambler and then getting mad and trolling when it doesn't fit your biases.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
They have not unfolded in exactly the same way, but both provide clues about what we may see moving forward.
I am actually quite pleased about these differences because the US Dollar indicates further strength in the future whilst the Euro indicates a retracement target.
Put them together and it explains why the USDCAD chart is indicating weakness ahead and why the AUDUSD indicates strength ahead.
Of course, this analysis is based on probabilities, and no one really knows what will happen.
I do however enjoy using AriasWave to dissect the waves in my spare time and sharing it with you.
If this doesn't resonate with you in any way, I am sure there is an abundance of material out there that can help you reach your goals.
Whatever that may be, it's probably better that you make your own decisions rather than just searching for tips like a gambler and then getting mad and trolling when it doesn't fit your biases.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
