GOLD & EURUSD CORRELATION

GOLD & EURUSD CORRELATION

Caesar Tsamaesi Caesar Tsamaesi

Caesar Tsamaesi

发布日期: 2021年4月20日
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XAUUSD am anticipating a possible upside after the price broke above 1755.00 last week.

The euro is one of the most important alternatives to the U.S. dollar among fiat currencies. This is why there is often a positive link between the euro and gold: both assets have negative correlation to the greenback. However, the relationship is far from being a perfect correlation

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EURUSD should give us a possible sharp short term downside after it has had a good rally on market the upside. However i am waiting for a clear sell setup.

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