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

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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