Forex Correlation
Currency
GBP/USD
EUR/GBP
AUD/JPY
EUR/USD
EUR/AUD
NZD/JPY
AUD/USD
EUR/JPY
EUR/CAD
Last update 05 December 2024 10:00pm
The above table shows the correlation of the movement of pairs with each other during the time frame and time period you choose. Through this table, you can identify the pairs that move in a similar or opposite movement or even do not represent any type of correlation. Note that pairs that are related by more than 80% are pairs that usually go in the same direction, pairs that are related by less than -80 are pairs that usually go in the completely opposite direction, and pairs that are related between 60 and -60 are pairs that have no correlation. This table is very useful for those who trade in more than one pair so that they do not fall into the trap of entering into transactions in pairs that go in the same direction or completely opposite. Through this table, it is possible to calculate the risk when entering into more than one pair and reduce it.