Currency Strength Meter: 24th May
Strength Meter and Strength & Weakness Table
The currency strength meter shows us that the USD and JPY were the weakest currencies of the week and the GBP and CHF were the strongest currencies. The USD and JPY remain in reversal positions and could provide counter trend opportunities.
Trending Pairs of the week:
GBPUSD, USDCHF, EURUSD, GBPJPY, CHFJPY, EURJPY, GBPAUD, GBPNZD, EURAUD, EURNZD.
Counter-trend Pairs of the week:
GBPUSD, GBPJPY, USDCHF, CHFJPY.