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

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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