Forex Correlation Matrix

Real-time currency pair correlations for better risk management

Positive Correlation

Values close to +1 indicate currency pairs move in the same direction. High positive correlation means increased risk when trading both pairs.

Negative Correlation

Values close to -1 indicate currency pairs move in opposite directions. Can be used for hedging strategies and risk diversification.

No Correlation

Values close to 0 indicate no relationship between currency pairs. Ideal for portfolio diversification and independent trading strategies.

Live Forex Correlation Matrix

Real-time correlation data updated every hour. Use this matrix to analyze relationships between major currency pairs and optimize your trading portfolio.

How to Use the Correlation Matrix

Risk Management

• Avoid trading highly correlated pairs simultaneously
• Use correlation data to calculate position sizes
• Monitor correlation changes during market events
• Diversify your portfolio with uncorrelated pairs

Trading Strategies

• Use negatively correlated pairs for hedging
• Identify arbitrage opportunities
• Confirm trade signals across correlated pairs
• Adjust strategies based on correlation strength

Important Notes

• Correlations change over time and market conditions
• Historical correlation doesn't guarantee future correlation
• Consider multiple timeframes when analyzing correlations
• Economic events can temporarily alter correlation patterns
• Use correlation analysis as part of a comprehensive trading plan