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Does Relative Strength Index Agree on EURCAD and M6E? (5-minute Charts)

Educational reference. Measured from recorded market data through September 5, 2026. Not a forecast.

Relative Strength Index measures where price sits within its own recent gains and losses. This page asks a narrower question than the price comparison: when Relative Strength Index moves on Euro / Canadian Dollar, does it move the same way on Micro Euro FX?

Bars where Relative Strength Index moved on both5,294
… and moved the same direction3,162  (59.7%)
Price correlation, same period+0.663
Relative Strength Index disagrees more than price does. Prices correlate at +0.663, which would suggest agreement near 73%. Relative Strength Index manages 59.7%. The two markets move together while this reading does not — the gap is where a divergence setup would show up.
EXAMPLE SCREENSHOT · August 2026LiveCharts.AI predicted indicator panels beneath a live chart
Example screenshot of the LiveCharts.AI app from August 2026 — an illustration only. Any prediction lines on it are not current; today's and tomorrow's predictions are only in the live app.

Why this is not the same as the price question

Two markets can move together while their momentum, trend strength or volatility do not. A reading that agrees far less than price suggests is exactly where one market is losing steam while the other keeps going — and a reading that agrees more is tracking something shared that direction alone does not capture.

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