Currencies Correlation
Dear friends, currencies correlation basically asy pairs hotay hain jin ki moment same ho aur wo aik sath hi up ya down moment kar rahay hon, jesa kay Canadian Dollar, oil prices k corelated ha q k canada aik oil exporter country ha, isi tarah inka effect japan par b parta ha q k wo aik oil importer country ha, Newzeland gold k sath correlated ha, correlation 2 tarah ki hoti ha.
1. positive correlation
2. negative correlation
Positive correlation:
jab forex market ma 2 currency pairs same direction ma move kar rahay hotay hain, unhain positive correlation kaha jata ha, jaisay EUR/CAD aur EUR/USD same direction ma move kartay hain,
Negative correlation:
forex market ma jab 2 currency pairs opposite moment kar rahay hon usay hm negative correlation kehtay hain, iski misal ma hm USD/CHF aur EUR/USD ko la saktay hain, in ma sa jb aik pair up kata ha to dusra down moment karta ha aur isi tarah jb aik down jata ha to dusra upward moment karta ha.
Importantance of Correlations
Agar dakha jay to eham commodity correlation ma AUD/USD aur gold, USD/CAD aur west texas intermediate(US Oil) aur USD/CLP aur Copper shamil hain, lihaza in par trading k liay traders ko commision, spreads, liquidith aur aditional fees wagera ko b mind ma rakhna chaiay, in k sath sath currencies aur commodities ki latest updates hona b zaruri hain, q k baaz aukat in pairs ka relationship breakdown b ho jata ha jis sa nuksan ho sakta ha, lihaza aisi sitiation sa bachnay k liay intermarket anaylisis bht ahmiat rakhtay hain, jin ki base par hm safe trading kar saktay hain aur mistakes sa bach saktay hain
Gold/USDx Correlation
Forex trading ma usd dollar or gold commodity ik dosray k sath negative correlation k tor par chalti hai. Jb usd dollar ki value increase karti hai to gold ka rate gir jata hai or jb usd ki value weak hoti hai to gold ka rate up ho jata hai.
Reason of Gold/USDx Correlation
Agar is correlation ki reason ki baat ki jay to is ki main reason ye hai k gold or usd dollar both safe hain investment k lae. Jb gold usd dollar weak hont lagta hai to trader es ma sy apni investment nikal kar gold ma invest kar dety hain jis ki waja sy gold ki value mazeed strengthen ho jati hai or gold jb weak hony lagta hai to trader es ma sy investment nikal kar esko usd dollar ma invest kar dety hain jis sy usd dollar ki value or b barh jati hai.
Trading Using Correlation Factors
Jo trader is correlation ka knowledge rakhta hai wo bhot acha profit hasil karny ma kamyab ho jata hai. Forex trading ma agr correlation ki achi knowledge ni ho gi to trader ko har trade ma loss hiny k fair chances peda ho jayn gy. So hamy b hamesa currency correlation ka faida utana chahe. Kiu k corelation ki achi knowledge sy ham har trade ma acha profit hasil kar sakty hain.
Dear friends, currencies correlation basically asy pairs hotay hain jin ki moment same ho aur wo aik sath hi up ya down moment kar rahay hon, jesa kay Canadian Dollar, oil prices k corelated ha q k canada aik oil exporter country ha, isi tarah inka effect japan par b parta ha q k wo aik oil importer country ha, Newzeland gold k sath correlated ha, correlation 2 tarah ki hoti ha.
Type of currency Correlation
1. positive correlation
2. negative correlation
Positive correlation:
jab forex market ma 2 currency pairs same direction ma move kar rahay hotay hain, unhain positive correlation kaha jata ha, jaisay EUR/CAD aur EUR/USD same direction ma move kartay hain,
Negative correlation:
forex market ma jab 2 currency pairs opposite moment kar rahay hon usay hm negative correlation kehtay hain, iski misal ma hm USD/CHF aur EUR/USD ko la saktay hain, in ma sa jb aik pair up kata ha to dusra down moment karta ha aur isi tarah jb aik down jata ha to dusra upward moment karta ha.
Importantance of Correlations
Agar dakha jay to eham commodity correlation ma AUD/USD aur gold, USD/CAD aur west texas intermediate(US Oil) aur USD/CLP aur Copper shamil hain, lihaza in par trading k liay traders ko commision, spreads, liquidith aur aditional fees wagera ko b mind ma rakhna chaiay, in k sath sath currencies aur commodities ki latest updates hona b zaruri hain, q k baaz aukat in pairs ka relationship breakdown b ho jata ha jis sa nuksan ho sakta ha, lihaza aisi sitiation sa bachnay k liay intermarket anaylisis bht ahmiat rakhtay hain, jin ki base par hm safe trading kar saktay hain aur mistakes sa bach saktay hain
Gold/USDx Correlation
Forex trading ma usd dollar or gold commodity ik dosray k sath negative correlation k tor par chalti hai. Jb usd dollar ki value increase karti hai to gold ka rate gir jata hai or jb usd ki value weak hoti hai to gold ka rate up ho jata hai.
Reason of Gold/USDx Correlation
Agar is correlation ki reason ki baat ki jay to is ki main reason ye hai k gold or usd dollar both safe hain investment k lae. Jb gold usd dollar weak hont lagta hai to trader es ma sy apni investment nikal kar gold ma invest kar dety hain jis ki waja sy gold ki value mazeed strengthen ho jati hai or gold jb weak hony lagta hai to trader es ma sy investment nikal kar esko usd dollar ma invest kar dety hain jis sy usd dollar ki value or b barh jati hai.
Trading Using Correlation Factors
Jo trader is correlation ka knowledge rakhta hai wo bhot acha profit hasil karny ma kamyab ho jata hai. Forex trading ma agr correlation ki achi knowledge ni ho gi to trader ko har trade ma loss hiny k fair chances peda ho jayn gy. So hamy b hamesa currency correlation ka faida utana chahe. Kiu k corelation ki achi knowledge sy ham har trade ma acha profit hasil kar sakty hain.
