{"id":3996,"date":"2024-10-24T07:33:41","date_gmt":"2024-10-24T07:33:41","guid":{"rendered":"https:\/\/apex-aiexperts.com\/?p=3996"},"modified":"2024-10-24T07:33:41","modified_gmt":"2024-10-24T07:33:41","slug":"how-to-use-currency-crosses-to-trade-the-majors","status":"publish","type":"post","link":"https:\/\/apex-aiexperts.com\/es\/how-to-use-currency-crosses-to-trade-the-majors\/","title":{"rendered":"C\u00f3mo usar cruces de divisas para comerciar con las mayores"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Even if you don\u2019t ever want to trade the currency crosses and simply stick to trading the majors, you can use crosses to help you make better forex trading decisions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s an example\u2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Currency crosses can provide clues about the&nbsp;<em>relative<\/em>&nbsp;strength of each major currency pair.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s say you see a buy signal for EUR\/USD and GBP\/USD but you can only take one trade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Which one do you take?\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Simply looking at your crystal ball and guessing isn\u2019t likely to result in the right answer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>To find the right answer, you would look at the EUR\/GBP cross.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/bpcdn.co\/images\/2010\/11\/eurgbp-vs-eurusd.png\" alt=\"EUR\/GBP vs EUR\/USD\" class=\"wp-image-106172\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">If EUR\/GBP is trending downward, this indicates that the pound is relatively stronger than the euro at the moment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So the right answer would be to buy GBP\/USD instead of EUR\/USD due to the pound\u2019s&nbsp;<strong>relative strength<\/strong>&nbsp;against the euro.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since the euro is weaker, relative to the pound, if it proves to strengthen against the U.S. dollar, it is likely to strengthen LESS than the pound.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the U.S. dollar weakens across the board, GBP\/USD you would make more pips since it would rally higher than EUR\/USD.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So GBP\/USD is the better trade.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/bpcdn.co\/images\/2016\/05\/grade15-blue-monster2.png\" alt=\"C\u00f3mo usar cruces de divisas para comerciar con las mayores\" title=\"C\u00f3mo usar cruces de divisas para comerciar con las mayores\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">You can do this relative strength analysis on any of the major currency pairs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Know Which Currency Cross to Use<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s say you\u2019re bearish on the U.S. dollar. How will you trade?<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Can\u2019t decide whether to buy EUR\/USD or sell USD\/CHF? Look at\u00a0<strong>EUR\/CHF<\/strong>.<\/li>\n\n\n\n<li>Can\u2019t decide whether to buy USD\/CHF or USD\/JPY? Look at\u00a0<strong>CHF\/JPY<\/strong>.<\/li>\n\n\n\n<li>Can\u2019t decide whether to buy EUR\/USD or sell USD\/JPY? Look at\u00a0<strong>EUR\/JPY<\/strong>.<\/li>\n\n\n\n<li>Can\u2019t decide whether to buy GBP\/USD or sell USD\/CHF? Look at<strong>\u00a0GBP\/CHF<\/strong>.<\/li>\n\n\n\n<li>Can\u2019t decide whether to buy GBP\/USD or sell USD\/JPY? Look at<strong>\u00a0GBP\/JPY<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">So always remember, looking at currency cross pairs could give you an idea of the&nbsp;<strong>RELATIVE strength of a particular currency<\/strong>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Even if you don\u2019t ever want to trade the currency crosses and simply stick to trading the majors, you can use crosses to help you make better forex trading decisions. Here\u2019s an example\u2026 Currency crosses can provide clues about the&nbsp;relative&nbsp;strength of each major currency pair. Let\u2019s say you see a buy signal for EUR\/USD and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[71,66],"tags":[],"class_list":["post-3996","post","type-post","status-publish","format-standard","hentry","category-currency-crosses","category-high-school"],"_links":{"self":[{"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/posts\/3996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/comments?post=3996"}],"version-history":[{"count":1,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/posts\/3996\/revisions"}],"predecessor-version":[{"id":3997,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/posts\/3996\/revisions\/3997"}],"wp:attachment":[{"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/media?parent=3996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/categories?post=3996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/apex-aiexperts.com\/es\/wp-json\/wp\/v2\/tags?post=3996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}