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Forex Relative Strength Analysis Report For Week Starting 6/2/19 by rollandthomas

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· @rollandthomas · (edited)
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Forex Relative Strength Analysis Report For Week Starting 6/2/19
<center>![](https://cdn.steemitimages.com/DQmePVUr6UNriCkiFMMEVmzxkPuQvDnwZLiUgauVvVJCWdc/image.png)</center>

<p>Some of the world's currencies are accepted for most international transactions. The most popular currencies are accepted for most international transactions are the U.S. dollar, the euro, and the yen. However, the U.S. dollar is the most popular. And in the foreign exchange market 90 of forex trading involves the U.S. dollar. Thus, when assessing the relative strength of the most popular currencies in the world, it’s always against the U.S. dollar, using the daily time frame chart.</p>
<p>The “major” forex currency pairs are the major countries that are paired with the U.S. dollar (the nicknames of the majors are in parenthesis).</p>
<p>AUD/USD – Australia dollar (Aussie) vs. the U.S. dollar</p>
<img src="https://mentormarket.io/wp-content/uploads/2019/06/image-1024x488.png" alt="" class="wp-image-20561" />
<p>EUR/USD – Euro vs. the U.S. dollar </p>
<img src="https://mentormarket.io/wp-content/uploads/2019/06/image-1-1024x488.png" alt="" class="wp-image-20562" />
<p> GBP/USD – British pound (Sterling or Cable) vs. the U.S. dollar </p>
<img src="https://mentormarket.io/wp-content/uploads/2019/06/image-2-1024x486.png" alt="" class="wp-image-20563" />
<p> NZD/USD – New Zealand dollar (Kiwi) vs. the U.S. dollar </p>
<img src="https://mentormarket.io/wp-content/uploads/2019/06/image-3-1024x486.png" alt="" class="wp-image-20564" />
<p> USD/CAD – U.S. dollar vs. the Canadian dollar (Loonie) </p>
<img src="https://mentormarket.io/wp-content/uploads/2019/06/image-4-1024x488.png" alt="" class="wp-image-20565" />
<p> USD/CHF – U.S. dollar vs. the Swiss franc (Swissie) </p>
<img src="https://mentormarket.io/wp-content/uploads/2019/06/image-5-1024x487.png" alt="" class="wp-image-20566" />
<p> USD/JPY – U.S. dollar vs. the Japanese yen (the Yen) </p>
<img src="https://mentormarket.io/wp-content/uploads/2019/06/image-6-1024x487.png" alt="" class="wp-image-20567" />
<p>Based on the moving averages and the last daily closing price, relative to the moving averages,</p>
<img src="https://steemitimages.com/640x0/https://mentormarket.io/wp-content/uploads/2019/05/image-309.png" alt="" />
<p>the currency relative strength relative to the US dollar is the following:</p>
<img src="https://steemitimages.com/640x0/https://mentormarket.io/wp-content/uploads/2019/05/image-437.png" alt="This image has an empty alt attribute; its file name is image-437.png" />
<p><strong>Two Weeks Ago</strong></p>
<img src="https://steemitimages.com/640x0/https://mentormarket.io/wp-content/uploads/2019/05/image-437.png" alt="" />
<p>

This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions.

</p>
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<center><em>Published by <a href="https://mentormarket.io/profile/?rollandthomas/">Rolland Thomas</a>
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