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

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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