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

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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