Renko Charts Weekly Trade Opportunities (20 – 24 Feb)
Forex renko weekly technical outlook focuses on EURUSD, USDCHF, GBPCHF and XAUUSD. The markets are certainly looking mixed this week with the risks balanced thus warranting caution as prices could be seen making a sharp move in either direction.
Renko Charts Weekly Trade Opportunities (16 – 20 Jan)
In this week's renko based technical analysis we look at EURUSD, USDCHF XAUUSD (Gold) and EURGBP. A brief overview of the recap of events from last week and key economic releases for the week ahead. Here's what to expect in the markets this week.
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 (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.
Renko Charts Weekly Trade Opportunities (17 Oct – 21 Oct, 2016)
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.
Renko Charts Weekly Trade Opportunities (10 Oct – 14 Oct, 2016)
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.
Renko Charts Weekly Trade Opportunities (3 Oct – 7 Oct, 2016)
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.
Renko Charts Weekly Trade Opportunities (26 Sep – 30 Sep, 2016)
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.
Renko Charts Weekly Trade Opportunities (12 Sep – 16 Sep, 2016)
This week's Renko technical analysis looks at EURUSD, USDJPY, NZDUSD and XAGUSD (Silver). We expect to see a near term retracement in prices while also bearing in mind next week's FOMC and BoJ meetings which will be a key event risks. Read what the markets have in store for the week ahead.
Renko Charts Weekly Trade Opportunities (05 Sep – 09 Sep, 2016)
This week's renko technical analysis continues with focus on EURUSD, USDJPY, XAGUSD (Silver) and USDCHF. We continue to maintain the basis that the dollar could be seeing some weakness in the near term and providing some good trading opportunities. This week's analysis also includes trading positions, most offering a 1:3 Risk/Reward set up.
Renko Charts Weekly Trade Opportunities (27 Aug – 02 Sep, 2016)
This week we look at EURUSD, USDCHF, USDJPY and XAGUSD (Silver). Last Friday, the US dollar jumped after Janet Yellen said that the case for rate hike had strengthened. This led to a strong rally in the USD leaving many USD crosses vulnerable and posting strong losses.
Renko Trade Idea: CADJPY
CADJPY Renko technical analysis offers a trade idea worth exploring. Combining multi Renko box analysis, read more about the short term price analysis in CADJPY using Renko charts.
S&P500 – A top in the making (Update 2)
Second update to the S&P500 Index. While the bearish bias still remains in place, we wait for a move back to the 2000 level. Read the updated S&P500 technical analysis using Renko charts.
USDJPY – Beware the Head and Shoulders
The USDJPY has practically been ranging for the most part of this year. With the Bank of Japan remaining on the sidelines, the USDJPY’s moves came largely due to the Federal Reserve’s FOMC than anything else. Of course, there was the October BoJ meeting which saw some economists expecting further easing.
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.
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CADJPY Renko Technical Analysis, 09/02
Technical analysis of CADJPY renko charts by combining two of our trading strategies which is the trend line break method and the Renko MMA trading strategy. Read to learn more about CADJPY Renko technical analysis.
AUDUSD Renko Technical Analysis, 19/08
The AUDUSD Renko charts paints a very bearish picture for the Aussie Dollar. The latest…