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  Symbol Bid Ask
EURUSD 1.0943 1.0946
GBPUSD 1.542 1.5423
USDJPY 122.15 122.18
USDCHF 0.9497 0.95
USDCAD 1.2757 1.276
EURJPY 133.65 133.68
EURCHF 1.0393 1.0396
GBPJPY 188.32 188.39
GBPCHF 1.4644 1.4651
GOLD 1153.74 1154.34

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EUR_USD index


EUR_USDindex is a combined indicator which consists of two separate ones: EURx and USDx (USDX). This indicator shows the changes in the both indices considering their correlation.


EURx=34.38805726*EURUSD^ (0.3155)*EURGBP^ (0.3056)*EUR/JPY^ (0.1891)*EURCHF^ (0.1113)*EURSEK^ (0.0785)

USDx = 50.14348112 × EURUSD (0.576) × USDJPY (0.136) × GBPUSD (-0.119) × USDCAD (0.091) × USDSEK (0.042) × USDCHF (0.036)

Trading use

Computer indicator EUR_USDindex, containing two indicators for the best performance, was designed to identify several major factors which can assist in active stock market trading.

From the practical point of view, EUR_USDindex is not a signal indicator for MetaTrader. As in the case with volatility, the index helps to define the subsidiary element.

  • If EURx and USDx are in the wide range, it usually signifies the pronounced market trend. In this case it is possible to apply trend trading system.
  • If EURx and USDx are in the close range, the market is in flat position. Thus, in such situation the break above resistance or below support levels would be more beneficial.
  • The crossing of the two lines of the index confirms a new powerful market trend. In this situation the price can form new local lows or highs.

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