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Do EURCAD and MNQ Move Together on 1-minute Charts?

Educational reference. Measured from recorded market data through September 10, 2026. Not a forecast.

Euro / Canadian Dollar and Micro E-mini Nasdaq-100 are often assumed to move together. This measures it against 24,414 time-aligned 1-minute bars over the last 45 days — no opinion, just what the two actually did.

Bars where both moved22,479
… and moved the same direction11,959  (53.2%)
Correlation of bar-to-bar changes+0.401
EXAMPLE SCREENSHOT · August 2026The LiveCharts.AI leaderboard comparing instruments
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.

At 53.2% agreement and a correlation of +0.401, these two have a moderate tendency to move together on this timeframe.

Where the relationship breaks down

Prices moving together does not mean everything else does. The indicator pages below measure each reading separately — and momentum, trend strength and volatility frequently disagree even when price does not.

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How this was measured

Every 1-minute bar recorded for both instruments in the last 45 days was aligned by timestamp. Bars where either did not move are excluded from the direction figure, since a flat bar agrees with nothing. Correlation is measured on bar-to-bar changes, not on price levels — two markets can both drift upward for unrelated reasons, and correlating levels would call that a relationship.

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Questions traders ask

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