Renko Charts Weekly Trade Opportunities (24 Oct – 28 Oct, 2016)
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.
GBPAUD Trade Set up – A lucrative opportunity in the making
Following the success of some of our best long term trades in 2015, we start off 2016 with GBPAUD which looks very promising. Read this detailed GBPAUD Renko technical analysis on the potential outlook for GBPAUD for the coming weeks.
Watching GBPAUD Renko Charts for Possible Shorts
I am a big fan of trading currency pairs that also give me positive swaps.…