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

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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