Currency Strength of Key Currencies
These charts reveal the currency pairs that have made the biggest movements in price. Traders can use these charts to decide which Forex pairs offer them the best trading opportunities.
Using Our Currency Strength Meter
To become a successful trader it is important to understand which currency pairs will give you the highest probability of success. Our free currency strength meter is designed to give you a quick overview of the underlying movement of each individual currency in the Forex market.
If we know that the US Dollar is strong and the Japanese Yen is weak then it’s obvious that going long on the USD/JPY Forex pair offers us the a low risk trading opportunity.
Ultimately, it is down to you to decide how to use these tools. Most traders use the strength meter alongside an existing strategy as a way to trade in the same direction as the underlying strength of the markets.