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

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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