I just look at the charts. It takes a couple of seconds. Let's say the GBP/USD is in an uptrend. For parallel analysis, I'll take a look GBP/JPY, GBP/CAD, and GBP/AUD to see what they are doing. Then, for inverse, Ill check out the EUR/GBP. I will then do the same for the USD side checking lets say EUR/USD, AUD/USD, and then inverse USD/CHF and USD/CAD. It only takes as long as it takes to flip through the charts.
DislikedAs you mentioned you spend only 10-20 minutes a day analysing forex pairs. How do you manage parallel and inverse analysis within that time? Do you use some kind of forex dashboard with all pairs which shows strength & weakness of each currency? doing parallel and inverse analysis can be time consuming.Ignored