GBPUSD, EURGBP, EURUSD & USDCAD results for 20th March 2019 - Fed Interest Rate Decision
Volatility Response Model (VRM) described in the first post of this thread.
Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD at end of day 20th March - Fed Interest Rate Decision
The VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.
Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel (4,7) included.
Prior to the Fed Rate Decision ........
GBPUSD fell finding support at daily level 1.3219. Rose back to its lowest daily sentiment level 1.3244 before falling to its low for the day.
Meanwhile EURGBP rose to its weekly level 0.8637 followed by GBPUSD to its low for the day.
USDCAD spent at least 15 hours trying to break through the middle of its short term trend channel at 1.3337 before starting its fall.
Just prior and on the Fed Interest Rate Decision...
USDCAD started to sell off the hour before
EURUSD found support on its long term trend channel middle at 1.1351
The markets knew what the decision would be. It was sell USD time.
Lots of good trades today.
Volatility Response Model (VRM) described in the first post of this thread.
Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD at end of day 20th March - Fed Interest Rate Decision
The VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.
Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-4 . EMA channel (4,7) included.
Prior to the Fed Rate Decision ........
GBPUSD fell finding support at daily level 1.3219. Rose back to its lowest daily sentiment level 1.3244 before falling to its low for the day.
Meanwhile EURGBP rose to its weekly level 0.8637 followed by GBPUSD to its low for the day.
USDCAD spent at least 15 hours trying to break through the middle of its short term trend channel at 1.3337 before starting its fall.
Just prior and on the Fed Interest Rate Decision...
USDCAD started to sell off the hour before
EURUSD found support on its long term trend channel middle at 1.1351
The markets knew what the decision would be. It was sell USD time.
Lots of good trades today.