Renko Charts Weekly Trade Opportunities (13 – 17 Feb)
Weekly technical analysis with Renko charts showcases a select collection of forex pairs and commodities. In this week's analysis we focus on the technical set ups on EURUSD, FTSE100, Gold (XUAUSD) and USDJPY.
Renko Charts Weekly Trade Opportunities (09 – 13 Jan)
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.
Renko Charts Weekly Trade Opportunities (19 – 23 Dec)
In this week's renko based technical analysis we follow up USDCAD, WTI Crude oil and gold from last week, while looking at the potential trend in the USDJPY which has been steadily rising for the past few weeks. Here's what to expect in the markets this week.
Renko Charts Weekly Trade Opportunities (05 – 09 Dec)
This week's trading opportunities based on Renko technical analysis looks at a continuation from last week's outlook. While EURUSD and USDJPY and gold exhibited the characteristics as expected, EURCAD pushed lower. Here's what to expect from this week's renko technical outlook.
Renko Charts Weekly Trade Opportunities (28 Nov – 02 Dec)
The final week of November, we take a look at EURUSD, USDJPY, EURCAD and XAUUSd (Gold) in the weekly renko technical outlook. With another week of strong gains, the U.S. dollar is clearly looking weaker and could see some near term declines. Look at what Renko analysis shows us this week.
Renko Charts Weekly Trade Opportunities (7 – 11 Nov)
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.
Gold prices could see an upside in the medium term
While Gold might have taken a hit over the past three weeks on rising bets of a US rate hike, the markets are clearly forgetting the fact that in a scenario of rising inflation, Gold prices tend to gain. However, currently the markets are still not entirely sure of a Fed rate hike lift off.