Forex Correlation

Forex Correlation:Forex hourly and daily correlation charts. View correlation for the EUR/USD, GBP/USD, USD/CHF, USD/JPY, EUR/JPY, AUD/USD and NZD/USD. Scroll the toolbar to the right to view the appropriate charts.

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.

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