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

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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