Currency pair correlations
I have made some research about correlations in the most popular crosses like eur/usd and usd/jpy etc.
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The correlation is based on 527 cases of 4H periods (large statistical probe).
The cases marked in red are statistically important. If the cross is more closer to 1 it is more correlated.
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In Wikipedia.org you can see the explanation of correlation.
The term correlation can also mean the cross-correlation of two functions or electron correlation in molecular systems.
In probability theory and statistics, correlation, also called correlation coefficient, indicates the strength and direction of a linear relationship between two random variables. In general statistical usage, correlation or co-relation refers to the departure of two variables from independence. In this broad sense there are several coefficients, measuring the degree of correlation, adapted to the nature of data.
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The correlation is based on 527 cases of 4H periods (large statistical probe).
The cases marked in red are statistically important. If the cross is more closer to 1 it is more correlated.
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