Currency Strength Meter: 2nd August

The currency strength meter shows us that the USD has weakened significantly last week which could continue going into this week. The strongest currencies of the week were CAD and CHF. The AUD and JPY are in reversal zones and ones to watch going into next week. 

Trending Pairs of the week:

USDCAD, USDCHF, USDJPY, AUDJPY, AUDCHF, AUDCAD.

Counter-trend Pairs of the week:

USDCAD, USDCHF, USDJPY, AUDJPY, AUDCHF, AUDCAD.