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

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.

.
  Log in