Read this detailed case study on how to trade with Renko charts using a recent trade idea. Learn the steps involved in analyzing the GBPUSD Renko charts that led to a 98 pip profit in just under a week's time.
In this week's renko based technical analysis we look at EURUSD, GBPUSD XAUUSD (Gold) and AUDUSD. We also cover last week's events and what to look forward on the economic calendar this week. Here's what to expect in the markets 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, USDJPY, GBPUSD and XAUUSD (Gold). We expect to see a near term retracement in prices for som of the assets. For the next week, speeches from central bank governors will be the main event risk to watch for. Read what the markets have in store for the week ahead.
The British Pound could be in for some volatile price action as 1.41 forms a key double bottom based on the Renko chart. A bounce off 1.41 could signal a move to 1.50 but the longer term bias remains strongly bearish. Read more on the GBP Analysis using Renko charts.