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

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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