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

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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