This week’s Renko technical analysis looks at EURUSD, GBPJPY, XAUUSD and USDJPY. After a strong rally last week, the US dollar is likely to post a correction in the near term giving a temporary pause to the current decline in prices. Look at what Renko analysis shows us this week.
This week’s Renko technical analysis looks at EURUSD, GBPUSD, XAUUSD and NZDUSD. The week ahead is marked by the uncertainty surrounding the US elections as the markets have already moved into a risk aversion mode. Besides the US elections, it is a slow week with only the RBNZ interest rate decision coming up on Wednesday.
This week’s Renko technical analysis looks at EURUSD, GBPUSD, AUDUSD and USDCHF. The markets look to a busy week with central bank meetings and US nonfarm payrolls report in focus. Here’s what to expect from the currency markets next week and your glimpse into potential trading opportunities.
This week’s Renko technical analysis looks at EURUSD, GBPAUD, NZDUSD and XAGUSD (Silver). Next week advance GDP report from the US and UK will be the main economic releases that could impact the currency pairs in question, alongside quarterly inflation figures from Australia.
One of the most frequent questions that I get asked is what Renko box size should one choose. Most of the times, traders often follow up this question including their instrument or asset of choice that they are trading using Renko charts.
The equidistant price channel Renko trading strategy is a price action based trading strategy that is used to trade the counter trend moves. Using the equidistant price channel, traders can identify potential short term reversals that take place within a trend. Learn more on how to trade price reversals on Renko charts using the equidistant price channel.
This week’s Renko technical analysis looks at EURUSD, EURAUD, USDJPY and XAGUSD (Silver). Next week is busy with lots of economic data including US, Canada, Australia and the Eurozone. Inflation will be the main theme next week with the BoC and ECB meetings scheduled over the week.
This week’s Renko technical analysis looks at EURUSD, EURJPY, USDJPY and AUDUSD (Gold). Next week is quiet with not much of economic data to go by. In the US, Janet Yellen’s speech and retail sales and PPI data will be of importance in an otherwise slow trading week. US, Japan and Canada are closed on Monday.
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This week’s Renko technical analysis looks at EURUSD, GBPJPY, EURGBP and XAUUSD (Gold). Next week is busy across the board with US payrolls and ISm surveys on the tap. While it is unlikely to expect and trends in the market, there are some short term scalping opportunities. Read what the markets have in store for the week ahead.