Currency Correlation Heatmap
See how forex pairs, commodities and indices move together or diverge. Avoid over-exposing your account by trading correlated pairs at the same time.
Open Correlation Heatmap →Features
- ✓ Interactive heatmap showing correlation between major currency pairs
- ✓ Identifies strongly correlated (+0.8 and above) and inverse correlated pairs
- ✓ Helps avoid doubling up on the same directional risk
- ✓ Covers major forex pairs, gold, oil and indices
- ✓ Free and instant — no sign-up required
Frequently Asked Questions
What does currency correlation mean?
Currency correlation measures how similarly two currency pairs move. A correlation of +1 means they move in perfect lockstep; -1 means they move in exactly opposite directions; 0 means no relationship.
Why is correlation important in forex trading?
If you buy EUR/USD and GBP/USD simultaneously, and they are 90% correlated, you are effectively taking the same trade twice. If the USD strengthens, both trades lose — doubling your risk. Understanding correlation helps you diversify properly.
Which pairs are most correlated?
EUR/USD and GBP/USD have historically been strongly positively correlated (both move against the USD). EUR/USD and USD/CHF have historically been strongly negatively correlated (they tend to move in opposite directions).
Free to use — no account or sign-up required.
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