Currency Strength Meter: 16th August

The currency strength meter this week highlights a couple of opportunities for the week ahead. The Swiss Franc was the worst performing currency of last week which it could continue against the stronger currencies. The U.S. Dollar and the Canadian Dollar were the stronger currencies of the week however the USD strength overall is not there currently. 

Trending Pairs of the week:

GBPUSD, GBPCHF, EURGBP, CADCHF, EURCAD, NZDUSD, AUDUSD, NZDCHF, AUDCHF.

Counter-trend Pairs of the week:

GBPUSD, GBPCHF, EURGBP, CADCHF, EURCAD, NZDUSD, AUDUSD, NZDCHF, AUDCHF.