What Forex Pairs Are Effected By Movement of Futures ( Example Aud vs Oil)

Beginner Questions
1

I have seen or read somewhere when certain futures go up or down the Forex Market is Effected. I believe when Oil goes Up either CAD or AUD goes up I don’t remember which? Also If certain Index’s are strong others are weak and vice versa. Gold Silver goes up and GBP and Euro is effected.

I trade the Weekly/Day chart and was looking for more information on this. I run across it from time to time but would like to start paying more attention too it.

Any help would be appreciated

TabiusLee

1 Like
2

I believe you might be referring to “commdolls”
I did see something on babypips not to long ago try a search

2 Likes
3

Thank You exactly what I was looking for.

1 Like
4

No problem - i also found this little gem from babypips Intermarket Analysis Cheat Sheet - give that a search

1 Like
5

CAD and oil have a very close relationship. For example there’s been a hurricane this week raising the price of oil and CAD has also strengthened. All of these types of correlations come in and out of play. Maybe do google search “forex and commodities correlation” I’m sure you can find more information.

2 Likes