World Currency Unit
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Thread: World Currency Unit

  1. #1
    I use tradingview.com a lot for my own charts. Eg. XAUJPY - XAUAUD etc.. If a currency is stronger/weaker then Gold etc.. Works well.

    Another example is that the currency index of every currency.

    Now, by error I just came across the '. Of all the weeks on tradingview I have never come across this chart and did not even know a World Currency unit existed.

    If any knows about it, I would love to know. Not positive if its a index of the currencies. I have included a pic.

    Contained is the AUD/ daily chart.

  2. #2
    Hi there,
    It is the basket of top 20 world currencies by GDP. Here is the wiki for it:
    https://en.wikipedia.org/wiki/World_currency_unit
    Still not too sure what could be gained from analyzing the way that it relates to every base currency as in your chart.

    Greatest Speeches,

  3. #3
    Still not too sure what could be obtained?

    Currency Strength. That is one powerful currency strength. Not a basket of the EUR, GBP, JPY etc but a basket of the 20 highest GDP currencies.

    The AUD was very, very weak dropping against every currency such as the Russian Rubble (RUB) and Polish Zloty (PLN)

    If you look at a WCU/JPY chart, what do you see? . Extreme JPY strength against every currency.

    Now open a AUD/JPY chart on MT4 and find out how it has mega dropped in the last few days (15th - 16th March 2018)

    stronger then any useless indior. No moving average, No RSI. Only strength and weakness against the worlds greatest countries currencies.

    This post want get several answers. Why? Because it does not contain an indior or an EA.

    Okay, I am out of this since there are gusts of 70mph winds out with snow. Yes, like indiors and EA's the British weather sucks.

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