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

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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