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

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