Forex Automaton HomeForex Automaton. Automated forex trading system development.EURGBP and AUDJPY 2002-2008: another minimally correlated combination- September 16, 2008 EuroPound Sterling and Australian DollarJapansese Yen form a combination whose constituents are not only useless for predicting one another, but also even the "trivial" (tighter than the time scale resolved in the analysis, one hour at present) correlation is marginally significant. This rivals AUDUSD and EURCHF previously identified as the least correlated forex pair. Good to know.http://forexautomaton.com/research/34-correlations20022007/34-correlations20022007/411-eur... USDCAD and USDJPY 2002-2008: "trivial" intermarket correlations- September 15, 2008 US DollarCanadian Dollar and US DollarJapanese Yen are a weakly positively correlated pair of exchange rates. With the one hour time-scale analysis approach there is no evidence for predictive correlations in the time period under study.http://forexautomaton.com/research/34-correlations20022007/34-correlations20022007/410-usd... GBPUSD and USDJPY 2002-2008: hints of predictive correlations- September 11, 2008 The case of Pound SterlingUS Dollar and US Dollar Japanese Yen shows hints of predictability in the latter rate on the basis of the former on average for the period. This may indicate that stronger signals might exist at particular time intervals or on shorter time scales, but get watered down in the time average. A candidate for a deeper study.http://forexautomaton.com/research/34-correlations20022007/34-correlations20022007/397-gbp... GBPUSD and USDCAD 2002-2008: leader-follower correlation- September 10, 2008 The case of Pound SteringUS Dollar and US DollarCanadian Dollar presents another leader-follower relationship. Naturally, GBPUSD and USDCAD generally move in the opposite directions (showing negative correlations), what tends to "follow" GBPUSD is CADUSD.http://forexautomaton.com/research/34-correlations20022007/34-correlations20022007/391-gbp... GBPJPY and USDJPY 2002-2008: "trivial" intermarket correlations- September 8, 2008 Pound SterlingJapanese Yen and US DollarJapanese Yen obviously are positively correlated but on the hour time scale, on average for the period of study, the correlation looks too tight to be of value for forecasting movements in one exchange rate on the basis of the other with any accuracy.http://forexautomaton.com/research/34-correlations20022007/34-correlations20022007/390-gbp... EURJPY and USDJPY 2002-2008: "trivial" intermarket correlations- September 3, 2008 Naturally, EuroJapanese Yen and US DollarJapanse Yen are positively correlated. For the purpose of trading system building, correlations with non-zero time lags are essential. It is these correlations that are not seen in this pair of exchange rate with the hour-by-hour time scale, time-averaged analysis presented in this note.http://forexautomaton.com/research/34-correlations20022007/34-correlations20022007/389-eur... |