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

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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