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Hello,
I want to find out if there is an indicator to show the following:
We know that when US Dollar Index goes down, the GOLD ( or EURUSD ) goes up and USdJPY goes down
We also know that when NIKKEI goes up or down, it effects USDJPY
Same thing for DAX movements can effect the USD related currencies.
In addition to direction of the movements of these indexes, the momentum of these indexes are also important. for example if Nikkei is going down at 50 miles an hr versus US index going up 90 miles an hour. The momentum is upwards. Meaning, USDJPY will go up....and vice versa
Is there an indicator tthat shows this relationship?
Thank you
Selcuk Benter
skype: selcuk.benter