FXstreet.com, where Forex never rests
Forex Traders do sleep but markets don’t. When a trader has just woke up and logs on in Boston, another one located in Tokyo is winding down for the day, while a third one in London finishes lunch and waits for Wall Street’s opening bell. And you are maybe yourself waiting for an economic figure to be released or thinking about where to put the stop loss on your last trade.
FXstreet.com is your meeting place, the crossroads where you can find everything you need to make the best decisions in the currency markets. Anytime, 24/5. Based on unbiased, high quality and free information.
Real-time exchange rates and charts, Forex news, economic calendar, market analysis, trading newsletters, customizable technical studies, live webinars with the most renowned experts of the currency market. Further, traders can sharpen their skills in our Learning Center, compare brokers or just reach out to our community network.
Our commitment is to create opportunities of professional growth for our collaborators – Banks, Educators, Independent Analysts and Brokers – and audience, from beginners to advance… You!
TOP HOLIDAY GIFTS
The currency strength meter gives you a quick visual guide to which currencies are currently strong, and which ones are weak. The meter measures the strength of all forex cross pairs and applies calculations on them to determine the overall strength for each individual currency. Please see notes below for further details.
How Does The Currency Strength Meter Work?
The meter takes readings from every forex pair over the last 24 hours, and applies calculations to each. It then bundles together each the associated pairs to an individual currency (eg, EUR/USD, EUR/JPY, EUR/GBP etc) and finds the current strength.
How Can This Help Me?
It is useful as a quick guide to which currencies you might want to trade, and which might be worth staying away from. For instance, if a certain currency is very strong, and another suddenly turns weaker, you may find a trading opportunity. Such deviation between pairs usually indicates momentum. Conversely, if two currencies are weak, strong or average strength, there is often a range or sideways movement happening. You might want to stay away from trading those pairs.
BUY MEN'S WATCHES
Momentum and Trend Trading:
Buy an Underlying Currency that is Strengthening with Space to Continue Up
Sell an Underlying Currency that is Weakening with Space to Continue Down
Daily and Weekly Mean Reversion Trading:
Buy an Underlying Currency that is Oversold + Consolidating
Sell an Underlying Currency that is Overbought + Consolidating
Strength Meter Chart represents the price movement for major currencies measured against other majors. Results shows strength and weakness against a customizable basket of currencies. Useful to detect then identify which crosses have been trending. Gives trend length perspective + OB or OS relativity. Overextended data on higher TFs serve as possible indication for Mean Reversion strategies or to hedge risks.
