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

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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