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

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