*Introducing a new weekly feature to the blog – trading chart packs*
Notes: Across the board, FX volatility is falling with the last months average daily volatility for all 7 FX majors showing as LOW vs the 5yr average. The rolling monthly volatility chart also shows a similar scenario with volatility across the 6 major FX currencies (excl. JPY) falling for a second week in a row.
VIX Indicator For Multiple Instruments.
A custom volatility indicator built on the principles of Larry Williams VIXFIX theory and applied to the daily timeframe of the following financial instruments. For each financial instrument I have displayed a 12 month and 3 year chart and applied my volatility indicator to each.
S&P500 Index, Ticker: ^GSPC
Crude Oil Futures, Ticker: CL=F
GBPUSD Currency Pair, Ticker: GBPUSD=X
EURUSD Currency Pair, Ticker: EURUSD=X
EURGBP Currency Pair, Ticker: EURGBP=X
FX Correlation Data.
A table of data showing the correlation coefficient between major currency pairs based on the daily log returns through the previous 36 months of price data. The least correlated pairs have been highlighted in each column for ease of use. An excel file containing this table can be downloaded using the button below the table.
*All price data used in the creation of these custom indicators and charts was downloaded from https://finance.yahoo.com
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DISCLAIMER: None of the information posted on this site is to be considered investment/financial advice. Trading is high risk and you should only trade with money you can afford to lose.