Forex Correlation

The following tables represents the correlation between the various parities of the foreign exchange market.
The correlation coefficient highlights the similarity of the movements between two parities.

  • If the correlation is high (above 80) and positive then the currencies move in the same way.
  • If the correlation is high (above 80) and negative then the currencies move in the opposite way.
  • If the correlation is low (below 60) then the currencies don't move in the same way.

Pivot:

EURUSD

Daily

4 hours

Hourly

15 min

5 min

  EURUSD GBPUSD AUDCAD AUDUSD EURCAD GBPCAD NZDUSD AUDNZD EURNZD NZDCAD AUDCHF EURGBP GBPCHF EURCHF GBPNZD AUDJPY NZDCHF GBPJPY EURJPY EURAUD USDCAD GBPAUD NZDJPY CADCHF USDCHF CHFJPY USDJPY CADJPY
EURUSD 91 89 83 81 71 48 48 39 38 34 32 28 27 26 4 3 1 0 -6 -16 -22 -24 -25 -28 -43 -58 -62
GBPUSD 91 80 76 71 79 42 47 38 31 42 -12 35 34 40 1 10 1 -3 -7 -25 0 -26 -9 -16 -58 -55 -58
AUDCAD 89 80 86 77 68 56 43 21 53 46 30 21 29 9 16 15 -10 -1 -28 -12 -40 -14 -19 -19 -48 -53 -60
AUDUSD 83 76 86 42 34 66 48 6 35 18 23 -12 -8 -3 -5 -10 -41 -35 -61 -60 -65 -30 -41 -53 -30 -76 -67
EURCAD 81 71 77 42 92 21 28 51 45 54 31 52 62 38 24 29 30 40 40 39 18 -1 6 18 -51 -15 -37
GBPCAD 71 79 68 34 92 13 27 50 38 63 -10 69 71 52 23 37 41 39 41 40 41 -1 23 32 -66 -10 -31
NZDUSD 48 42 56 66 21 13 -34 -62 84 31 19 4 8 -66 34 42 -4 2 -49 -41 -53 40 -5 -18 -10 -26 -13
AUDNZD 48 47 43 48 28 27 -34 79 -54 -14 7 -20 -19 73 -45 -61 -46 -45 -19 -27 -20 -84 -45 -45 -24 -65 -68
EURNZD 39 38 21 6 51 50 -62 79 -54 -3 8 13 16 93 -32 -42 -4 -2 46 23 36 -64 -18 -6 -27 -25 -42
NZDCAD 38 31 53 35 45 38 84 -54 -54 56 22 38 45 -59 57 71 34 41 -9 15 -19 65 24 24 -22 11 7
AUDCHF 34 42 46 18 54 63 31 -14 -3 56 -16 91 93 4 69 87 66 63 15 37 22 50 78 74 -72 32 22
EURGBP 32 -12 30 23 31 -10 19 7 8 22 -16 -34 -13 -29 7 -17 -23 7 3 2 -50 0 -39 -30 29 -13 -17
GBPCHF 28 35 21 -12 52 69 4 -20 13 38 91 -34 98 25 60 83 79 72 48 55 60 48 86 87 -68 48 33
EURCHF 27 34 29 -8 62 71 8 -19 16 45 93 -13 98 20 65 83 80 78 52 61 52 51 82 85 -65 48 31
GBPNZD 26 40 9 -3 38 52 -66 73 93 -59 4 -29 25 20 -33 -34 4 -4 43 22 53 -61 -3 6 -37 -19 -34
AUDJPY 4 1 16 -5 24 23 34 -45 -32 57 69 7 60 65 -33 78 83 87 14 35 8 87 65 63 1 68 69
NZDCHF 3 10 15 -10 29 37 42 -61 -42 71 87 -17 83 83 -34 78 76 73 21 43 27 82 85 82 -45 58 52
GBPJPY 1 1 -10 -41 30 41 -4 -46 -4 34 66 -23 79 80 4 83 76 96 59 61 63 76 80 85 -12 83 74
EURJPY 0 -3 -1 -35 40 39 2 -45 -2 41 63 7 72 78 -4 87 73 96 62 66 50 78 70 78 -3 81 71
EURAUD -6 -7 -28 -61 40 41 -49 -19 46 -9 15 3 48 52 43 14 21 59 62 75 85 19 36 55 -8 53 31
USDCAD -16 -25 -12 -60 39 40 -41 -27 23 15 37 2 55 61 22 35 43 61 66 75 65 37 49 73 -17 67 37
GBPAUD -22 0 -40 -65 18 41 -53 -20 36 -19 22 -50 60 52 53 8 27 63 50 85 65 16 52 63 -22 53 36
NZDJPY -24 -26 -14 -30 -1 -1 40 -84 -64 65 50 0 48 51 -61 87 82 76 78 19 37 16 65 64 14 78 80
CADCHF -25 -9 -19 -41 6 23 -5 -45 -18 24 78 -39 86 82 -3 65 85 80 70 36 49 52 65 95 -46 72 67
USDCHF -28 -16 -19 -53 18 32 -18 -45 -6 24 74 -30 87 85 6 63 82 85 78 55 73 63 64 95 -42 79 65
CHFJPY -43 -58 -48 -30 -51 -66 -10 -24 -27 -22 -72 29 -68 -65 -37 1 -45 -12 -3 -8 -17 -22 14 -46 -42 22 36
USDJPY -58 -55 -53 -76 -15 -10 -26 -65 -25 11 32 -13 48 48 -19 68 58 83 81 53 67 53 78 72 79 22 94
CADJPY -62 -58 -60 -67 -37 -31 -13 -68 -42 7 22 -17 33 31 -34 69 52 74 71 31 37 36 80 67 65 36 94
  EURUSD GBPUSD AUDCAD AUDUSD EURCAD GBPCAD NZDUSD AUDNZD EURNZD NZDCAD AUDCHF EURGBP GBPCHF EURCHF GBPNZD AUDJPY NZDCHF GBPJPY EURJPY EURAUD USDCAD GBPAUD NZDJPY CADCHF USDCHF CHFJPY USDJPY CADJPY
EURUSD 90 84 93 35 45 89 -58 -72 80 10 -35 -36 -63 -64 -14 57 -43 -47 -68 -93 -44 32 -69 -92 -20 -78 -53
GBPUSD 90 86 89 34 74 87 -60 -74 83 10 -72 -9 -65 -50 -40 60 -51 -68 -71 -82 -17 6 -71 -87 -46 -89 -73
AUDCAD 84 86 94 24 53 88 -54 -80 86 26 -52 -30 -71 -66 -29 64 -64 -69 -89 -80 -52 13 -71 -87 -45 -87 -72
AUDUSD 93 89 94 10 39 95 -61 -85 88 27 -43 -37 -70 -76 -17 72 -57 -61 -90 -96 -61 31 -65 -92 -33 -85 -60
EURCAD 35 34 24 10 63 7 1 13 12 -40 -18 4 -10 23 -25 -26 0 -7 22 3 37 -27 -50 -27 -3 -21 -30
GBPCAD 45 74 53 39 63 39 -29 -30 46 -15 -88 32 -37 7 -63 17 -34 -61 -24 -23 45 -42 -57 -46 -55 -63 -72
NZDUSD 89 87 88 95 7 39 -83 -96 97 13 -45 -43 -77 -87 -29 81 -64 -67 -85 -93 -54 36 -70 -93 -37 -87 -66
AUDNZD -58 -60 -54 -61 1 -29 -83 89 -89 17 37 41 70 83 43 -77 61 61 55 62 28 -35 61 70 34 69 58
EURNZD -72 -74 -80 -85 13 -30 -96 89 -97 -14 46 42 78 91 36 -88 71 73 86 82 54 -35 62 82 44 83 66
NZDCAD 80 83 86 88 12 46 97 -89 -97 4 -50 -41 -80 -86 -42 81 -71 -74 -81 -81 -45 28 -75 -89 -45 -89 -74
AUDCHF 10 10 26 27 -40 -15 13 17 -14 4 -6 43 38 -13 30 50 2 -1 -44 -26 -42 18 50 13 -26 -5 9
EURGBP -35 -72 -52 -43 -18 -88 -45 37 46 -50 -6 -38 40 5 64 -38 42 72 44 30 -33 37 42 41 68 67 73
GBPCHF -36 -9 -30 -37 4 32 -43 41 42 -41 43 -38 69 65 -7 -8 35 12 32 40 64 -40 59 56 -31 25 10
EURCHF -63 -65 -71 -70 -10 -37 -77 70 78 -80 38 40 69 69 44 -38 68 68 66 63 38 -11 91 88 23 76 67
GBPNZD -64 -50 -66 -76 23 7 -87 83 91 -86 -13 5 65 69 10 -81 60 48 77 78 76 -56 51 73 18 63 41
AUDJPY -14 -40 -29 -17 -25 -63 -29 43 36 -42 30 64 -7 44 10 -19 79 86 18 5 -32 69 48 30 84 67 88
NZDCHF 57 60 64 72 -26 17 81 -77 -88 81 50 -38 -8 -38 -81 -19 -52 -55 -77 -72 -51 42 -22 -54 -48 -64 -46
GBPJPY -43 -51 -64 -57 0 -34 -64 61 71 -71 2 42 35 68 60 79 -52 93 64 46 33 33 59 60 78 85 89
EURJPY -47 -68 -69 -61 -7 -61 -67 61 73 -74 -1 72 12 68 48 86 -55 93 67 47 13 40 62 62 87 92 97
EURAUD -68 -71 -89 -90 22 -24 -85 55 86 -81 -44 44 32 66 77 18 -77 64 67 82 70 -25 48 75 44 78 58
USDCAD -93 -82 -80 -96 3 -23 -93 62 82 -81 -26 30 40 63 78 5 -72 46 47 82 62 -45 54 88 20 75 44
GBPAUD -44 -17 -52 -61 37 45 -54 28 54 -45 -42 -33 64 38 76 -32 -51 33 13 70 62 -56 18 46 -9 29 3
NZDJPY 32 6 13 31 -27 -42 36 -35 -35 28 18 37 -40 -11 -56 69 42 33 40 -25 -45 -56 1 -25 60 14 44
CADCHF -69 -71 -71 -65 -50 -57 -70 61 62 -75 50 42 59 91 51 48 -22 59 62 48 54 18 1 88 21 75 71
USDCHF -92 -87 -87 -92 -27 -46 -93 70 82 -89 13 41 56 88 73 30 -54 60 62 75 88 46 -25 88 23 86 66
CHFJPY -20 -46 -45 -33 -3 -55 -37 34 44 -45 -26 68 -31 23 18 84 -48 78 87 44 20 -9 60 21 23 71 84
USDJPY -78 -89 -87 -85 -21 -63 -87 69 83 -89 -5 67 25 76 63 67 -64 85 92 78 75 29 14 75 86 71 93
CADJPY -53 -73 -72 -60 -30 -72 -66 58 66 -74 9 73 10 67 41 88 -46 89 97 58 44 3 44 71 66 84 93
  EURUSD GBPUSD AUDCAD AUDUSD EURCAD GBPCAD NZDUSD AUDNZD EURNZD NZDCAD AUDCHF EURGBP GBPCHF EURCHF GBPNZD AUDJPY NZDCHF GBPJPY EURJPY EURAUD USDCAD GBPAUD NZDJPY CADCHF USDCHF CHFJPY USDJPY CADJPY
EURUSD 69 72 77 83 59 48 -2 15 44 -76 64 -82 -67 -21 39 -78 31 43 36 -22 -33 57 -83 -85 79 5 10
GBPUSD 69 47 74 35 67 73 -45 -35 58 -67 -11 -61 -73 -36 -20 -46 -19 -19 -6 -54 7 2 -68 -78 28 -49 -36
AUDCAD 72 47 81 76 66 65 -24 -23 75 -52 49 -70 -60 -58 7 -42 -14 3 -11 14 -65 26 -76 -70 40 -27 -31
AUDUSD 77 74 81 47 43 80 -31 -37 68 -54 27 -71 -69 -62 9 -40 -10 -1 -32 -47 -63 34 -70 -78 43 -33 -21
EURCAD 83 35 76 47 71 24 7 31 41 -65 77 -71 -49 -10 34 -72 27 43 56 36 -28 44 -77 -66 68 13 4
GBPCAD 59 67 66 43 71 50 -38 -15 65 -66 11 -57 -61 -25 -29 -48 -26 -18 26 27 15 -15 -74 -65 21 -45 -52
NZDUSD 48 73 65 80 24 50 -81 -79 93 -54 -12 -61 -74 -90 -43 -12 -57 -49 -45 -38 -34 -8 -64 -70 2 -74 -65
AUDNZD -2 -45 -24 -31 7 -38 -81 90 -82 33 44 29 50 83 78 -19 82 78 41 15 -7 46 35 36 38 87 83
EURNZD 15 -35 -23 -37 31 -15 -79 90 -74 8 58 13 37 86 76 -40 86 85 76 28 14 49 15 20 52 87 80
NZDCAD 44 58 75 68 41 65 93 -82 -74 -54 -2 -62 -70 -90 -49 -12 -64 -52 -34 -2 -33 -17 -68 -66 -2 -75 -75
AUDCHF -76 -67 -52 -54 -65 -66 -54 33 8 -54 -33 95 94 31 2 86 2 -7 -33 12 1 -21 95 95 -64 24 21
EURGBP 64 -11 49 27 77 11 -12 44 58 -2 -33 -48 -14 9 73 -58 62 78 56 27 -53 76 -42 -35 78 59 52
GBPCHF -82 -61 -70 -71 -71 -57 -61 29 13 -62 95 -48 94 45 -10 83 0 -13 -18 14 33 -35 98 97 -70 20 16
EURCHF -67 -73 -60 -69 -49 -61 -74 50 37 -70 94 -14 94 54 17 70 24 16 2 26 16 -9 93 96 -48 45 39
GBPNZD -21 -36 -58 -62 -10 -25 -90 83 86 -90 31 9 45 54 46 -13 66 55 58 18 50 12 44 46 15 70 66
AUDJPY 39 -20 7 9 34 -29 -43 78 76 -49 2 73 -10 17 46 -41 96 97 43 -7 -37 91 -1 -3 76 91 93
NZDCHF -78 -46 -42 -40 -72 -48 -12 -19 -40 -12 86 -58 83 70 -13 -41 -42 -50 -57 5 6 -47 81 79 -87 -23 -24
GBPJPY 31 -19 -14 -10 27 -26 -57 82 86 -64 2 62 0 24 66 96 -42 98 59 -5 -8 83 7 5 72 95 96
EURJPY 43 -19 3 -1 43 -18 -49 78 85 -52 -7 78 -13 16 55 97 -50 98 63 4 -21 88 -6 -5 79 93 92
EURAUD 36 -6 -11 -32 56 26 -45 41 76 -34 -33 56 -18 2 58 43 -57 59 63 37 41 35 -22 -13 54 54 45
USDCAD -22 -54 14 -47 36 27 -38 15 28 -2 12 27 14 26 18 -7 5 -5 4 37 8 -19 4 27 -13 13 -12
GBPAUD -33 7 -65 -63 -28 15 -34 -7 14 -33 1 -53 33 16 50 -37 6 -8 -21 41 8 -48 23 24 -30 -9 -12
NZDJPY 57 2 26 34 44 -15 -8 46 49 -17 -21 76 -35 -9 12 91 -47 83 88 35 -19 -48 -25 -28 84 73 78
CADCHF -83 -68 -76 -70 -77 -74 -64 35 15 -68 95 -42 98 93 44 -1 81 7 -6 -22 4 23 -25 98 -63 28 27
USDCHF -85 -78 -70 -78 -66 -65 -70 36 20 -66 95 -35 97 96 46 -3 79 5 -5 -13 27 24 -28 98 -64 30 23
CHFJPY 79 28 40 43 68 21 2 38 52 -2 -64 78 -70 -48 15 76 -87 72 79 54 -13 -30 84 -63 -64 54 58
USDJPY 5 -49 -27 -33 13 -45 -74 87 87 -75 24 59 20 45 70 91 -23 95 93 54 13 -9 73 28 30 54 97
CADJPY 10 -36 -31 -21 4 -52 -65 83 80 -75 21 52 16 39 66 93 -24 96 92 45 -12 -12 78 27 23 58 97
  EURUSD GBPUSD AUDCAD AUDUSD EURCAD GBPCAD NZDUSD AUDNZD EURNZD NZDCAD AUDCHF EURGBP GBPCHF EURCHF GBPNZD AUDJPY NZDCHF GBPJPY EURJPY EURAUD USDCAD GBPAUD NZDJPY CADCHF USDCHF CHFJPY USDJPY CADJPY
EURUSD 53 47 40 69 59 41 -6 -1 50 -29 63 -63 -44 -31 61 -29 24 40 2 -4 -28 60 -68 -77 63 6 9
GBPUSD 53 50 73 -19 2 80 -14 -64 60 31 -32 -5 -29 -61 37 49 -12 -20 -56 -77 -50 40 -7 -43 -6 -41 -13
AUDCAD 47 50 91 16 23 75 33 -60 81 45 7 -38 -44 -74 28 34 -55 -44 -79 -25 -95 4 -38 -53 -21 -66 -64
AUDUSD 40 73 91 -16 -7 88 23 -79 79 60 -22 -17 -36 -83 28 60 -56 -53 -91 -62 -96 9 -13 -43 -35 -73 -56
EURCAD 69 -19 16 -16 87 -19 2 50 13 -62 94 -68 -31 17 33 -77 36 60 49 70 13 33 -79 -54 76 39 14
GBPCAD 59 2 23 -7 87 -6 -2 33 24 -50 66 -57 -34 11 25 -62 27 43 34 62 10 25 -73 -52 61 24 1
NZDUSD 41 80 75 88 -19 -6 -25 -91 92 32 -27 -33 -59 -96 18 57 -49 -50 -78 -66 -78 29 -27 -60 -19 -69 -50
AUDNZD -6 -14 33 23 2 -2 -25 26 -28 59 7 35 50 29 21 8 -13 -8 -28 9 -35 -41 31 38 -35 -7 -12
EURNZD -1 -64 -60 -79 50 33 -91 26 -79 -47 57 9 47 92 8 -75 65 72 85 71 73 -6 0 33 48 79 58
NZDCAD 50 60 81 79 13 24 92 -28 -79 10 1 -58 -75 -94 15 32 -49 -40 -63 -32 -74 30 -56 -76 -1 -63 -57
AUDCHF -29 31 45 60 -62 -50 32 59 -47 10 -60 63 45 -27 13 83 -41 -53 -78 -56 -62 -27 65 46 -77 -47 -29
EURGBP 63 -32 7 -22 94 66 -27 7 57 1 -60 -65 -22 22 34 -78 38 63 53 67 15 31 -70 -46 75 45 21
GBPCHF -63 -5 -38 -17 -68 -57 -33 35 9 -58 63 -65 88 39 -2 55 14 -9 -10 -32 19 -25 97 92 -56 14 30
EURCHF -44 -29 -44 -36 -31 -34 -59 50 47 -75 45 -22 88 65 16 23 39 26 20 1 34 -16 82 91 -27 45 50
GBPNZD -31 -61 -74 -83 17 11 -96 29 92 -94 -27 22 39 65 -7 -55 58 55 76 54 79 -23 31 59 22 72 58
AUDJPY 61 37 28 28 33 25 18 21 8 15 13 34 -2 16 -7 5 61 62 -4 -14 -20 80 -9 -16 52 45 56
NZDCHF -29 49 34 60 -77 -62 57 8 -75 32 83 -78 55 23 -55 5 -41 -59 -79 -78 -55 -3 60 30 -72 -53 -26
GBPJPY 24 -12 -55 -56 36 27 -49 -13 65 -49 -41 38 14 39 58 61 -41 96 72 26 66 66 4 17 75 95 96
EURJPY 40 -20 -44 -53 60 43 -50 -8 72 -40 -53 63 -9 26 55 62 -59 96 76 43 59 65 -19 -1 86 94 87
EURAUD 2 -56 -79 -91 49 34 -78 -28 85 -63 -78 53 -10 20 76 -4 -79 72 76 66 92 17 -16 13 66 83 65
USDCAD -4 -77 -25 -62 70 62 -66 9 71 -32 -56 67 -32 1 54 -14 -78 26 43 66 46 -15 -41 1 44 48 11
GBPAUD -28 -50 -95 -96 13 10 -78 -35 73 -74 -62 15 19 34 79 -20 -55 66 59 92 46 5 14 37 42 75 66
NZDJPY 60 40 4 9 33 25 29 -41 -6 30 -27 31 -25 -16 -23 80 -3 66 65 17 -15 5 -29 -39 72 48 61
CADCHF -68 -7 -38 -13 -79 -73 -27 31 0 -56 65 -70 97 82 31 -9 60 4 -19 -16 -41 14 -29 90 -62 6 24
USDCHF -77 -43 -53 -43 -54 -52 -60 38 33 -76 46 -46 92 91 59 -16 30 17 -1 13 1 37 -39 90 -48 29 32
CHFJPY 63 -6 -21 -35 76 61 -19 -35 48 -1 -77 75 -56 -27 22 52 -72 75 86 66 44 42 72 -62 -48 70 61
USDJPY 6 -41 -66 -73 39 24 -69 -7 79 -63 -47 45 14 45 72 45 -53 95 94 83 48 75 48 6 29 70 92
CADJPY 9 -13 -64 -56 14 1 -50 -12 58 -57 -29 21 30 50 58 56 -26 96 87 65 11 66 61 24 32 61 92
  EURUSD GBPUSD AUDCAD AUDUSD EURCAD GBPCAD NZDUSD AUDNZD EURNZD NZDCAD AUDCHF EURGBP GBPCHF EURCHF GBPNZD AUDJPY NZDCHF GBPJPY EURJPY EURAUD USDCAD GBPAUD NZDJPY CADCHF USDCHF CHFJPY USDJPY CADJPY
EURUSD 88 28 45 -21 -24 60 4 -38 43 28 -6 -1 -1 -42 73 45 31 29 -28 -75 -29 70 16 -56 33 10 38
GBPUSD 88 51 68 -51 -33 83 16 -68 71 49 -52 -8 -24 -68 63 69 1 -5 -55 -88 -52 52 15 -68 3 -23 7
AUDCAD 28 51 97 -59 -39 79 84 -81 85 98 -59 6 -16 -81 39 91 -63 -65 -98 -57 -99 -15 39 -27 -68 -73 -60
AUDUSD 45 68 97 -72 -54 90 73 -90 91 94 -63 -7 -29 -90 45 94 -57 -60 -98 -76 -98 -1 33 -47 -58 -71 -51
EURCAD -21 -51 -59 -72 88 -81 -25 87 -75 -52 71 56 75 86 -4 -65 63 67 73 80 70 11 5 73 49 73 51
GBPCAD -24 -33 -39 -54 88 -64 -14 66 -52 -33 30 65 69 70 -4 -43 47 48 53 73 54 5 9 69 30 54 33
NZDUSD 60 83 79 90 -81 -64 36 -97 96 72 -67 -32 -52 -97 44 89 -44 -48 -85 -91 -83 21 7 -75 -36 -62 -35
AUDNZD 4 16 84 73 -25 -14 36 -40 43 88 -28 37 22 -40 29 61 -53 -52 -78 -19 -80 -34 59 17 -67 -55 -54
EURNZD -38 -68 -81 -90 87 66 -97 -40 -98 -74 76 37 60 99 -28 -89 59 64 89 82 86 -3 -3 69 52 74 52
NZDCAD 43 71 85 91 -75 -52 96 43 -98 78 -72 -25 -48 -97 37 93 -53 -57 -89 -77 -87 9 7 -62 -49 -68 -48
AUDCHF 28 49 98 94 -52 -33 72 88 -74 78 -53 23 1 -73 45 91 -55 -57 -95 -53 -96 -11 56 -13 -65 -65 -53
EURGBP -6 -52 -59 -63 71 30 -67 -28 76 -72 -53 17 50 68 1 -65 57 64 67 52 60 18 -2 44 55 68 56
GBPCHF -1 -8 6 -7 56 65 -32 37 37 -25 23 17 94 39 33 7 32 32 7 38 6 9 81 78 3 33 22
EURCHF -1 -24 -16 -29 75 69 -52 22 60 -48 1 50 94 59 29 -17 48 51 30 52 27 15 69 84 22 53 39
GBPNZD -42 -68 -81 -90 86 70 -97 -40 99 -97 -73 68 39 59 -32 -89 57 61 88 84 87 -6 -3 71 48 72 48
AUDJPY 73 63 39 45 -4 -4 44 29 -28 37 45 1 33 29 -32 50 46 43 -34 -48 -36 80 46 -16 39 30 50
NZDCHF 45 69 91 94 -65 -43 89 61 -89 93 91 -65 7 -17 -89 50 -47 -51 -92 -72 -91 11 43 -37 -52 -62 -42
GBPJPY 31 1 -63 -57 63 47 -44 -53 59 -53 -55 57 32 48 57 46 -47 100 67 23 66 79 5 23 96 97 99
EURJPY 29 -5 -65 -60 67 48 -48 -52 64 -57 -57 64 32 51 61 43 -51 100 70 27 68 75 5 26 95 98 98
EURAUD -28 -55 -98 -98 73 53 -85 -78 89 -89 -95 67 7 30 88 -34 -92 67 70 66 100 15 -32 39 69 79 63
USDCAD -75 -88 -57 -76 80 73 -91 -19 82 -77 -53 52 38 52 84 -48 -72 23 27 66 65 -35 -7 83 13 44 11
GBPAUD -29 -52 -99 -98 70 54 -83 -80 86 -87 -96 60 6 27 87 -36 -91 66 68 100 65 15 -34 37 68 77 62
NZDJPY 70 52 -15 -1 11 5 21 -34 -3 9 -11 18 9 15 -6 80 11 79 75 15 -35 15 9 -26 80 64 83
CADCHF 16 15 39 33 5 9 7 59 -3 7 56 -2 81 69 -3 46 43 5 5 -32 -7 -34 9 50 -19 1 3
USDCHF -56 -68 -27 -47 73 69 -75 17 69 -62 -13 44 78 84 71 -16 -37 23 26 39 83 37 -26 50 0 38 11
CHFJPY 33 3 -68 -58 49 30 -36 -67 52 -49 -65 55 3 22 48 39 -52 96 95 69 13 68 80 -19 0 92 97
USDJPY 10 -23 -73 -71 73 54 -62 -55 74 -68 -65 68 33 53 72 30 -62 97 98 79 44 77 64 1 38 92 94
CADJPY 38 7 -60 -51 51 33 -35 -54 52 -48 -53 56 22 39 48 50 -42 99 98 63 11 62 83 3 11 97 94

The correlation of currencies allows for better evaluation of the risk of a combination of positions. Correlation measures the relationship existing between two currency pairs. For example, it enables us to know whether two currency pairs are going to move in a similar way or not.
Two correlated currencies will have a coefficient close to 100 if they move in the same direction and of -100 if they move in opposite directions. A correlation close to 0 shows that the movements in the two currency pairs are not related.

How is it calculated?

The calculation of the correlation on this site uses the standard formula known as the "Pearson coefficient of correlation". The length of the series is given by the "Num Period" field. For further information about the calculation, you can visit the Wikipedia page: http://en.wikipedia.org/wiki/Correlation_and_dependence

How is the data used?

Management of risks

It may be important to know whether the open positions in a portfolio are correlated. If you have open trades in three currency pairs which are strongly correlated (for example EURUSD, USDCHF and USDNOK), you must anticipate the fact that if one of the positions reaches its stop-loss, then the other two are very likely to also be loss-making positions. In this case, it is important to adjust the size of the positions in order to avoid a serious loss.

Modification of the market

A modification of the correlation, principally over the long-term, may demonstrate that the market is undergoing a change. For example, if EURUSD and GBPUSD are strongly correlated for several months and then de-correlate, that may be a sign that market sentiment concerning the EUR and/or GBP is in the process of changing; one may be seeing the start or end of a trend in one of the two currencies.

Trading tools

Forex Correlation

Forex Correlation

The following tables represent the correlation between the various parities of the foreign exchange market. The charts give precise details on the correlation between two parities. They show the history and the distribution of the correlation over a given period.

Currency index

Currency index

The currency index represents the evolution of a currency relative to the entire forex. The index is the average of one currency compared to others. The chart representation makes it easy to view trends by currency.

Forex Volatility

Forex Volatility

Table of the volatility for several currency pairs. The volatility is given in pip and dollar.

Global view on Financial markets

Global view on Financial markets

Configure your layout by displaying up to 8 charts simultaneously.

price distribution

price distribution

The charts below show many types of price distribution. Every graph is updated in real time.

Pivot points

Pivot points

Pivot points calculator. Table of the pivot points calculated on the major forex pairs

Position sizing

Position sizing

Position sizing calculator. The tool gives the best size of the position for forex trading.

Pip value

Pip value

Table of the value for the currency pair. The pip value of forex pairs is calculated in real time.

Value At Risk (VaR)

Value At Risk (VaR)

Value at risk (VaR) is a tool to measure the risk of loss on a portfolio. Our interactive tool allows you to measure VaR in forex.

Martingale

Martingale

Test our martingale simulator.

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