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 NZDUSD AUDUSD NZDCAD GBPCHF GBPCAD NZDCHF AUDCHF AUDCAD GBPAUD CADCHF EURCHF GBPJPY NZDJPY AUDJPY GBPNZD EURCAD CADJPY EURJPY EURAUD CHFJPY EURNZD USDJPY EURGBP USDCHF AUDNZD USDCAD
EURUSD 94 88 86 84 83 80 77 67 61 56 55 55 50 50 0 -9 -24 -27 -35 -45 -53 -67 -78 -80 -85 -87 -87
GBPUSD 94 93 91 90 94 86 87 79 66 59 68 51 40 42 -13 -9 -44 -40 -57 -61 -71 -79 -89 -96 -81 -91 -93
NZDUSD 88 93 99 98 83 63 96 90 79 27 76 37 28 58 4 -45 -65 -31 -60 -81 -69 -94 -88 -89 -82 -95 -99
AUDUSD 86 91 99 97 80 60 94 90 83 21 74 31 26 58 7 -47 -67 -30 -60 -85 -67 -95 -88 -87 -83 -91 -98
NZDCAD 84 90 98 97 79 62 94 88 86 23 69 33 17 51 -3 -47 -59 -41 -65 -81 -72 -93 -90 -85 -80 -93 -93
GBPCHF 83 94 83 80 79 85 86 81 52 66 80 70 41 33 -20 3 -43 -40 -56 -53 -78 -72 -83 -95 -55 -86 -84
GBPCAD 80 86 63 60 62 85 55 45 43 87 36 57 40 4 -40 39 1 -55 -45 -20 -63 -41 -74 -82 -60 -65 -60
NZDCHF 77 87 96 94 94 86 55 98 73 22 90 49 23 57 4 -48 -73 -28 -62 -84 -75 -95 -84 -87 -62 -93 -95
AUDCHF 67 79 90 90 88 81 45 98 74 10 93 46 17 55 8 -52 -78 -25 -62 -88 -74 -93 -78 -82 -51 -83 -89
AUDCAD 61 66 79 83 86 52 43 73 74 -6 43 5 -7 34 -2 -53 -49 -46 -64 -80 -60 -79 -76 -64 -70 -62 -70
GBPAUD 56 59 27 21 23 66 87 22 10 -6 17 60 48 -14 -43 72 27 -36 -15 22 -37 -2 -40 -57 -29 -39 -28
CADCHF 55 68 76 74 69 80 36 90 93 43 17 59 27 55 13 -41 -77 -8 -47 -72 -66 -81 -62 -74 -29 -77 -80
EURCHF 55 51 37 31 33 70 57 49 46 5 60 59 49 23 -6 25 7 -7 -3 2 -41 -19 -32 -44 -3 -48 -38
GBPJPY 50 40 28 26 17 41 40 23 17 -7 48 27 49 67 58 25 5 55 49 7 26 -10 5 -31 -30 -32 -36
NZDJPY 50 42 58 58 51 33 4 57 55 34 -14 55 23 67 82 -55 -50 58 22 -50 11 -57 -13 -33 -46 -56 -63
AUDJPY 0 -13 4 7 -3 -20 -40 4 8 -2 -43 13 -6 58 82 -41 -20 90 64 -13 60 -8 42 21 -5 2 -11
GBPNZD -9 -9 -45 -47 -47 3 39 -48 -52 -53 72 -41 25 25 -55 -41 71 -14 26 73 14 64 23 8 27 36 42
EURCAD -24 -44 -65 -67 -59 -43 1 -73 -78 -49 27 -77 7 5 -50 -20 71 4 56 91 49 85 52 56 34 57 68
CADJPY -27 -40 -31 -30 -41 -40 -55 -28 -25 -46 -36 -8 -7 55 58 90 -14 4 85 24 80 28 71 46 26 29 21
EURJPY -35 -57 -60 -60 -65 -56 -45 -62 -62 -64 -15 -47 -3 49 22 64 26 56 85 68 92 68 86 68 40 54 53
EURAUD -45 -61 -81 -85 -81 -53 -20 -84 -88 -80 22 -72 2 7 -50 -13 73 91 24 68 61 95 71 68 56 68 80
CHFJPY -53 -71 -69 -67 -72 -78 -63 -75 -74 -60 -37 -66 -41 26 11 60 14 49 80 92 61 69 91 79 37 68 64
EURNZD -67 -79 -94 -95 -93 -72 -41 -95 -93 -79 -2 -81 -19 -10 -57 -8 64 85 28 68 95 69 82 82 68 88 93
USDJPY -78 -89 -88 -88 -90 -83 -74 -84 -78 -76 -40 -62 -32 5 -13 42 23 52 71 86 71 91 82 89 73 84 84
EURGBP -80 -96 -89 -87 -85 -95 -82 -87 -82 -64 -57 -74 -44 -31 -33 21 8 56 46 68 68 79 82 89 69 86 88
USDCHF -85 -81 -82 -83 -80 -55 -60 -62 -51 -70 -29 -29 -3 -30 -46 -5 27 34 26 40 56 37 68 73 69 74 81
AUDNZD -87 -91 -95 -91 -93 -86 -65 -93 -83 -62 -39 -77 -48 -32 -56 2 36 57 29 54 68 68 88 84 86 74 94
USDCAD -87 -93 -99 -98 -93 -84 -60 -95 -89 -70 -28 -80 -38 -36 -63 -11 42 68 21 53 80 64 93 84 88 81 94
  EURUSD GBPUSD NZDUSD AUDUSD NZDCAD GBPCHF GBPCAD NZDCHF AUDCHF AUDCAD GBPAUD CADCHF EURCHF GBPJPY NZDJPY AUDJPY GBPNZD EURCAD CADJPY EURJPY EURAUD CHFJPY EURNZD USDJPY EURGBP USDCHF AUDNZD USDCAD
EURUSD 96 59 42 25 89 90 30 -4 -35 91 16 88 94 63 44 87 90 72 99 90 42 78 -16 -85 -43 -72 -64
GBPUSD 96 47 32 19 97 98 33 6 -32 98 23 94 100 55 40 95 91 65 98 90 28 82 3 -96 -24 -60 -52
NZDUSD 59 47 95 73 37 31 69 35 9 28 27 38 43 98 89 18 26 81 51 20 36 -5 -59 -33 -52 -84 -86
AUDUSD 42 32 95 74 23 17 70 48 30 12 27 24 28 91 95 4 9 70 34 -1 27 -21 -62 -21 -44 -62 -78
NZDCAD 25 19 73 74 8 14 41 19 67 3 -21 2 17 76 78 -4 16 24 22 -8 46 -25 -25 -12 -49 -52 -28
GBPCHF 89 97 37 23 8 96 40 20 -35 97 38 97 98 45 33 96 86 61 92 87 6 81 13 -98 -1 -50 -45
GBPCAD 90 98 31 17 14 96 20 -2 -26 99 12 91 99 41 28 98 95 49 95 92 27 88 19 -98 -18 -48 -33
NZDCHF 30 33 69 70 41 40 20 89 2 19 81 47 30 70 72 13 0 69 26 -1 -40 -16 -30 -32 26 -50 -66
AUDCHF -4 6 35 48 19 20 -2 89 17 -5 83 26 5 37 52 -6 -25 38 -6 -27 -68 -32 -13 -13 58 -5 -35
AUDCAD -35 -32 9 30 67 -35 -26 2 17 -40 -41 -44 -31 13 38 -38 -23 -42 -34 -52 14 -50 7 26 -10 28 37
GBPAUD 91 98 28 12 3 97 99 19 -5 -40 18 93 99 37 21 99 94 53 95 95 23 91 17 -97 -16 -50 -37
CADCHF 16 23 27 27 -21 38 12 81 83 -41 18 49 22 27 27 16 -10 58 14 4 -71 -1 -17 -27 59 -21 -54
EURCHF 88 94 38 24 2 97 91 47 26 -44 93 49 94 45 31 91 82 66 90 86 -3 79 5 -91 4 -53 -52
GBPJPY 94 100 43 28 17 98 99 30 5 -31 99 22 94 51 38 97 92 62 97 91 27 83 10 -98 -21 -57 -47
NZDJPY 63 55 98 91 76 45 41 70 37 13 37 27 45 51 93 27 33 81 57 25 38 2 -40 -43 -47 -84 -80
AUDJPY 44 40 89 95 78 33 28 72 52 38 21 27 31 38 93 14 18 68 40 3 26 -15 -33 -34 -34 -58 -67
GBPNZD 87 95 18 4 -4 96 98 13 -6 -38 99 16 91 97 27 14 93 45 91 94 19 93 23 -96 -10 -39 -28
EURCAD 90 91 26 9 16 86 95 0 -25 -23 94 -10 82 92 33 18 93 36 94 95 43 92 16 -86 -34 -47 -24
CADJPY 72 65 81 70 24 61 49 69 38 -42 53 58 66 62 81 68 45 36 67 45 16 26 -38 -54 -26 -79 -95
EURJPY 99 98 51 34 22 92 95 26 -6 -34 95 14 90 97 57 40 91 94 67 93 40 83 -1 -89 -37 -67 -55
EURAUD 90 90 20 -1 -8 87 92 -1 -27 -52 95 4 86 91 25 3 94 95 45 93 33 96 12 -84 -27 -50 -33
CHFJPY 42 28 36 27 46 6 27 -40 -68 14 23 -71 -3 27 38 26 19 43 16 40 33 23 -13 -14 -95 -43 -17
EURNZD 78 82 -5 -21 -25 81 88 -16 -32 -50 91 -1 79 83 2 -15 93 92 26 83 96 23 26 -80 -13 -24 -12
USDJPY -16 3 -59 -62 -25 13 19 -30 -13 7 17 -17 5 10 -40 -33 23 16 -38 -1 12 -13 26 -20 44 40 65
EURGBP -85 -96 -33 -21 -12 -98 -98 -32 -13 26 -97 -27 -91 -98 -43 -34 -96 -86 -54 -89 -84 -14 -80 -20 6 45 37
USDCHF -43 -24 -52 -44 -49 -1 -18 26 58 -10 -16 59 4 -21 -47 -34 -10 -34 -26 -37 -27 -95 -13 44 6 52 36
AUDNZD -72 -60 -84 -62 -52 -50 -48 -50 -5 28 -50 -21 -53 -57 -84 -58 -39 -47 -79 -67 -50 -43 -24 40 45 52 78
USDCAD -64 -52 -86 -78 -28 -45 -33 -66 -35 37 -37 -54 -52 -47 -80 -67 -28 -24 -95 -55 -33 -17 -12 65 37 36 78
  EURUSD GBPUSD NZDUSD AUDUSD NZDCAD GBPCHF GBPCAD NZDCHF AUDCHF AUDCAD GBPAUD CADCHF EURCHF GBPJPY NZDJPY AUDJPY GBPNZD EURCAD CADJPY EURJPY EURAUD CHFJPY EURNZD USDJPY EURGBP USDCHF AUDNZD USDCAD
EURUSD 96 73 11 -57 44 85 -44 -72 -89 95 -19 79 92 39 -48 88 85 84 98 93 82 86 -84 43 -93 -84 -91
GBPUSD 96 82 31 -51 64 86 -25 -55 -81 91 4 86 98 53 -29 85 71 91 93 82 68 74 -84 16 -83 -78 -96
NZDUSD 73 82 65 -2 72 59 24 -15 -48 57 35 79 78 86 12 39 37 82 67 46 34 27 -74 -10 -54 -68 -85
AUDUSD 11 31 65 29 69 10 68 55 23 -12 73 43 28 68 75 -10 -27 41 4 -27 -32 -32 -31 -61 10 11 -40
NZDCAD -57 -51 -2 29 -3 -34 71 67 76 -66 25 -27 -46 36 64 -80 -45 -49 -54 -66 -60 -78 52 -38 64 31 54
GBPCHF 44 64 72 69 -3 54 51 24 -20 36 72 84 68 72 40 36 9 70 42 16 -8 8 -39 -54 -10 -27 -62
GBPCAD 85 86 59 10 -34 54 -31 -56 -65 86 -19 77 90 41 -31 84 84 66 88 78 68 74 -57 20 -72 -69 -68
NZDCHF -44 -25 24 68 71 51 -31 89 63 -56 86 11 -20 56 86 -62 -66 -7 -46 -69 -79 -79 29 -78 69 34 17
AUDCHF -72 -55 -15 55 67 24 -56 89 87 -82 74 -22 -51 19 90 -75 -84 -38 -74 -91 -94 -90 53 -78 89 73 47
AUDCAD -89 -81 -48 23 76 -20 -65 63 87 -95 31 -57 -77 -12 74 -86 -76 -74 -87 -95 -84 -89 74 -52 90 85 80
GBPAUD 95 91 57 -12 -66 36 86 -56 -82 -95 -29 71 89 25 -63 93 87 77 96 97 86 91 -74 44 -91 -86 -82
CADCHF -19 4 35 73 25 72 -19 86 74 31 -29 35 6 51 72 -27 -58 27 -24 -46 -66 -52 2 -79 48 25 -17
EURCHF 79 86 79 43 -27 84 77 11 -22 -57 71 35 88 64 -2 65 56 83 79 60 35 52 -62 1 -50 -62 -81
GBPJPY 92 98 78 28 -46 68 90 -20 -51 -77 89 6 88 58 -22 84 71 92 93 79 67 71 -70 11 -76 -76 -90
NZDJPY 39 53 86 68 36 72 41 56 19 -12 25 51 64 58 46 5 11 64 40 12 6 -9 -28 -33 -16 -46 -53
AUDJPY -48 -29 12 75 64 40 -31 86 90 74 -63 72 -2 -22 46 -57 -65 -10 -47 -75 -70 -75 40 -77 66 57 24
GBPNZD 88 85 39 -10 -80 36 84 -62 -75 -86 93 -27 65 84 5 -57 80 71 88 89 79 93 -67 35 -83 -62 -75
EURCAD 85 71 37 -27 -45 9 84 -66 -84 -76 87 -58 56 71 11 -65 80 48 89 93 88 91 -55 71 -86 -75 -55
CADJPY 84 91 82 41 -49 70 66 -7 -38 -74 77 27 83 92 64 -10 71 48 82 66 55 56 -70 0 -67 -69 -95
EURJPY 98 93 67 4 -54 42 88 -46 -74 -87 96 -24 79 93 40 -47 88 89 82 94 85 88 -72 46 -90 -84 -84
EURAUD 93 82 46 -27 -66 16 78 -69 -91 -95 97 -46 60 79 12 -75 89 93 66 94 92 96 -70 64 -94 -86 -73
CHFJPY 82 68 34 -32 -60 -8 68 -79 -94 -84 86 -66 35 67 6 -70 79 88 55 85 92 89 -56 69 -94 -75 -60
EURNZD 86 74 27 -32 -78 8 74 -79 -90 -89 91 -52 52 71 -9 -75 93 91 56 88 96 89 -63 67 -90 -67 -64
USDJPY -84 -84 -74 -31 52 -39 -57 29 53 74 -74 2 -62 -70 -28 40 -67 -55 -70 -72 -70 -56 -63 -25 80 66 89
EURGBP 43 16 -10 -61 -38 -54 20 -78 -78 -52 44 -79 1 11 -33 -77 35 71 0 46 64 69 67 -25 -60 -46 -11
USDCHF -93 -83 -54 10 64 -10 -72 69 89 90 -91 48 -50 -76 -16 66 -83 -86 -67 -90 -94 -94 -90 80 -60 81 79
AUDNZD -84 -78 -68 11 31 -27 -69 34 73 85 -86 25 -62 -76 -46 57 -62 -75 -69 -84 -86 -75 -67 66 -46 81 73
USDCAD -91 -96 -85 -40 54 -62 -68 17 47 80 -82 -17 -81 -90 -53 24 -75 -55 -95 -84 -73 -60 -64 89 -11 79 73
  EURUSD GBPUSD NZDUSD AUDUSD NZDCAD GBPCHF GBPCAD NZDCHF AUDCHF AUDCAD GBPAUD CADCHF EURCHF GBPJPY NZDJPY AUDJPY GBPNZD EURCAD CADJPY EURJPY EURAUD CHFJPY EURNZD USDJPY EURGBP USDCHF AUDNZD USDCAD
EURUSD 95 70 91 14 60 44 28 38 14 30 47 71 68 40 60 5 40 68 78 5 51 -6 -81 -30 -94 -9 -98
GBPUSD 95 72 92 20 79 66 34 49 25 39 52 74 83 47 72 8 38 75 82 -8 55 -12 -70 -58 -87 -10 -93
NZDUSD 70 72 78 79 55 44 86 55 43 -1 38 56 62 90 73 -64 29 60 66 -31 47 -75 -47 -36 -64 -71 -69
AUDUSD 91 92 78 31 70 51 46 70 50 -1 55 73 69 52 80 -10 30 64 70 -38 38 -26 -74 -45 -81 -11 -90
NZDCAD 14 20 79 31 26 32 95 42 53 -22 4 19 31 91 49 -91 24 21 28 -43 24 -98 5 -24 -9 -91 -9
GBPCHF 60 79 55 70 26 81 46 72 43 36 69 84 90 51 81 8 26 71 75 -32 35 -21 -23 -84 -38 -9 -59
GBPCAD 44 66 44 51 32 81 34 45 49 48 15 49 81 44 63 10 58 43 61 -23 45 -20 -12 -87 -34 -13 -34
NZDCHF 28 34 86 46 95 46 34 60 54 -21 35 43 45 96 65 -85 13 40 42 -49 24 -95 -3 -34 -15 -84 -26
AUDCHF 38 49 55 70 42 72 45 60 82 -38 67 70 52 52 84 -24 6 43 41 -82 -3 -42 -20 -53 -15 -8 -39
AUDCAD 14 25 43 50 53 43 49 54 82 -53 13 31 28 45 66 -34 31 3 14 -88 -7 -48 -8 -42 -3 -12 -7
GBPAUD 30 39 -1 -1 -22 36 48 -21 -38 -53 2 17 50 -3 -6 44 25 38 45 68 51 28 -4 -42 -30 -1 -26
CADCHF 47 52 38 55 4 69 15 35 67 13 2 82 52 32 59 2 -29 68 52 -28 4 -10 -24 -36 -21 2 -57
EURCHF 71 74 56 73 19 84 49 43 70 31 17 82 71 44 72 2 32 69 75 -17 22 -13 -39 -41 -43 -6 -68
GBPJPY 68 83 62 69 31 90 81 45 52 28 50 52 71 62 84 3 33 88 93 -14 73 -25 -18 -79 -53 -21 -65
NZDJPY 40 47 90 52 91 51 44 96 52 45 -3 32 44 62 73 -77 21 59 61 -37 51 -90 -4 -41 -30 -84 -38
AUDJPY 60 72 73 80 49 81 63 65 84 66 -6 59 72 84 73 -24 22 77 78 -58 52 -46 -19 -65 -43 -24 -59
GBPNZD 5 8 -64 -10 -91 8 10 -85 -24 -34 44 2 2 3 -77 -24 1 -3 -3 36 -6 94 -10 -12 -5 90 -5
EURCAD 40 38 29 30 24 26 58 13 6 31 25 -29 32 33 21 22 1 3 40 17 30 -3 -24 -11 -36 -12 -19
CADJPY 68 75 60 64 21 71 43 40 43 3 38 68 69 88 59 77 -3 3 93 -2 76 -20 -19 -50 -55 -22 -73
EURJPY 78 82 66 70 28 75 61 42 41 14 45 52 75 93 61 78 -3 40 93 5 80 -20 -26 -50 -64 -25 -74
EURAUD 5 -8 -31 -38 -43 -32 -23 -49 -82 -88 68 -28 -17 -14 -37 -58 36 17 -2 5 22 48 -4 39 -15 6 -1
CHFJPY 51 55 47 38 24 35 45 24 -3 -7 51 4 22 73 51 52 -6 30 76 80 22 -19 -4 -37 -55 -32 -48
EURNZD -6 -12 -75 -26 -98 -21 -20 -95 -42 -48 28 -10 -13 -25 -90 -46 94 -3 -20 -20 48 -19 -10 23 1 91 5
USDJPY -81 -70 -47 -74 5 -23 -12 -3 -20 -8 -4 -24 -39 -18 -4 -19 -10 -24 -19 -26 -4 -4 -10 1 86 -9 81
EURGBP -30 -58 -36 -45 -24 -84 -87 -34 -53 -42 -42 -36 -41 -79 -41 -65 -12 -11 -50 -50 39 -37 23 1 19 7 30
USDCHF -94 -87 -64 -81 -9 -38 -34 -15 -15 -3 -30 -21 -43 -53 -30 -43 -5 -36 -55 -64 -15 -55 1 86 19 9 92
AUDNZD -9 -10 -71 -11 -91 -9 -13 -84 -8 -12 -1 2 -6 -21 -84 -24 90 -12 -22 -25 6 -32 91 -9 7 9 7
USDCAD -98 -93 -69 -90 -9 -59 -34 -26 -39 -7 -26 -57 -68 -65 -38 -59 -5 -19 -73 -74 -1 -48 5 81 30 92 7
  EURUSD GBPUSD NZDUSD AUDUSD NZDCAD GBPCHF GBPCAD NZDCHF AUDCHF AUDCAD GBPAUD CADCHF EURCHF GBPJPY NZDJPY AUDJPY GBPNZD EURCAD CADJPY EURJPY EURAUD CHFJPY EURNZD USDJPY EURGBP USDCHF AUDNZD USDCAD
EURUSD 92 94 94 82 68 72 84 61 82 36 -3 37 89 95 91 6 47 78 96 -58 86 -72 -9 -66 -81 -43 -84
GBPUSD 92 92 93 84 85 89 87 67 89 59 -2 34 99 94 92 32 42 74 89 -70 80 -78 -3 -90 -74 -37 -78
NZDUSD 94 92 96 90 64 72 87 58 85 32 -9 18 88 98 91 -6 33 75 86 -73 88 -91 -22 -73 -87 -54 -86
AUDUSD 94 93 96 79 75 69 93 76 87 25 11 36 91 97 98 5 25 84 89 -83 79 -84 -9 -75 -75 -29 -91
NZDCAD 82 84 90 79 50 83 65 30 89 48 -47 -8 78 86 72 -2 62 42 71 -53 89 -84 -33 -71 -91 -70 -55
GBPCHF 68 85 64 75 50 77 84 84 69 60 37 68 89 71 81 63 21 71 76 -64 41 -49 30 -88 -28 5 -64
GBPCAD 72 89 72 69 83 77 61 41 86 82 -31 18 88 73 68 54 67 38 70 -45 69 -59 -1 -90 -64 -38 -40
NZDCHF 84 87 87 93 65 84 61 88 75 25 37 56 87 90 94 12 8 88 84 -82 58 -77 6 -74 -51 -19 -89
AUDCHF 61 67 58 76 30 84 41 88 58 8 66 78 71 65 82 29 -12 82 68 -80 26 -46 29 -60 -14 30 -76
AUDCAD 82 89 85 87 89 69 86 75 58 41 -23 19 86 85 84 21 56 52 77 -71 77 -74 -12 -79 -73 -30 -58
GBPAUD 36 59 32 25 48 60 82 25 8 41 -30 10 60 35 27 74 56 9 38 -1 38 -22 11 -73 -31 -35 -6
CADCHF -3 -2 -9 11 -47 37 -31 37 66 -23 -30 75 6 0 21 15 -67 51 10 -30 -40 14 46 1 51 63 -38
EURCHF 37 34 18 36 -8 68 18 56 78 19 10 75 42 28 47 44 -2 58 52 -24 -9 10 54 -24 25 48 -43
GBPJPY 89 99 88 91 78 89 88 87 71 86 60 6 42 93 93 40 40 78 92 -68 78 -72 14 -90 -66 -29 -76
NZDJPY 95 94 98 97 86 71 73 90 65 85 35 0 28 93 96 2 33 83 92 -73 88 -87 -4 -76 -81 -46 -87
AUDJPY 91 92 91 98 72 81 68 94 82 84 27 21 47 93 96 14 22 90 93 -81 76 -76 12 -76 -65 -18 -90
GBPNZD 6 32 -6 5 -2 63 54 12 29 21 74 15 44 40 2 14 27 5 19 -2 -9 21 47 -54 23 36 10
EURCAD 47 42 33 25 62 21 67 8 -12 56 56 -67 -2 40 33 22 27 -11 44 18 52 -10 -10 -28 -50 -42 8
CADJPY 78 74 75 84 42 71 38 88 82 52 9 51 58 78 83 90 5 -11 85 -71 58 -61 29 -56 -44 -5 -95
EURJPY 96 89 86 89 71 76 70 84 68 77 38 10 52 92 92 93 19 44 85 -55 80 -60 21 -65 -66 -27 -81
EURAUD -58 -70 -73 -83 -53 -64 -45 -82 -80 -71 -1 -30 -24 -68 -73 -81 -2 18 -71 -55 -47 80 6 69 45 -1 76
CHFJPY 86 80 88 79 89 41 69 58 26 77 38 -40 -9 78 88 76 -9 52 58 80 -47 -77 -13 -60 -95 -65 -65
EURNZD -72 -78 -91 -84 -84 -49 -59 -77 -46 -74 -22 14 10 -72 -87 -76 21 -10 -61 -60 80 -77 35 71 81 60 75
USDJPY -9 -3 -22 -9 -33 30 -1 6 29 -12 11 46 54 14 -4 12 47 -10 29 21 6 -13 35 -4 43 50 4
EURGBP -66 -90 -73 -75 -71 -88 -90 -74 -60 -79 -73 1 -24 -90 -76 -76 -54 -28 -56 -65 69 -60 71 -4 53 25 57
USDCHF -81 -74 -87 -75 -91 -28 -64 -51 -14 -73 -31 51 25 -66 -81 -65 23 -50 -44 -66 45 -95 81 43 53 75 60
AUDNZD -43 -37 -54 -29 -70 5 -38 -19 30 -30 -35 63 48 -29 -46 -18 36 -42 -5 -27 -1 -65 60 50 25 75 22
USDCAD -84 -78 -86 -91 -55 -64 -40 -89 -76 -58 -6 -38 -43 -76 -87 -90 10 8 -95 -81 76 -65 75 4 57 60 22

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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