Looking for patterns - page 163

 

Wow, the yen is trending...

[Deleted]  
Maxim Kuznetsov:

Wow, the yen is trending...

Gold down, yen up, law of nature.
 
Vladimir Baskakov:
Gold down, yen up, law of nature

Another pattern. Shall we discuss it?

[Deleted]  
ElenaVVT:

Another pattern. Shall we discuss it?

It's not a pattern, it's a correlation
 
Vladimir Baskakov:
It is not a pattern but a correlation

Please elaborate on this

[Deleted]  
ElenaVVT:

Please elaborate on this

Google help, currency correlation calculator etc.
 
ElenaVVT:

Please elaborate on this

When gold falls, assets from it are converted to safe haven currencies - USDCHF, USDJPY.

 
khorosh:

When gold falls, assets from it are converted to safe haven currencies - USDCHF, USDJPY.

Understood, thank you

 

The correlation there is so-so.

You can just test XAUJPY and it will be obvious.

 
Find a pattern of asset flows from one instrument to another