GBPUSD, EURGBP, EURUSD & USDCAD results for 21st June 2019
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 21st June
The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.
TWO FILES ATTACHED
FIRST FILE
Weekly VRM levels in the top 30 minute charts. Daily VRM levels in the bottom 30 minute charts. Times are GMT-3 . EMA channel (4,7) included.
GBPUSD initially fell to its low at daily level 1.2653 while EURGBP rose to its high at daily level 0.8943.
GBPUSD then rallied to its high for the day at weekly level 1.2743 and EURGBP fell back to daily level 0.8922
Meanwhile EURUSD found support at its daily S1 sentiment level 1.1287 and rallied to weekly level 1.1377
USDCAD found support at the bottom of its short term trend channel at 1.3170 and rallied from there with some resistance at its highest daily sentiment level 1.3194
SECOND FILE
Shows the 4 hour candlestick charts with EMA channel (4.7) throughout the week with weekly VRM levels for the 4 FX pairs
GBPUSD found support on Monday at weekly levels 1.2532/1.2514 then rallied from there to weekly sentiment level 1.2731. Fell back to weekly sentiment level 1.2661 before the final rally to weekly level 1.2743
After its initial rally to weekly level 0.8967 EURGBP fell to its weekly S1 sentiment level 0.8872 . Found support there and rallied back to the top of its long term trend channel at 0.8936
EURUSD made its weekly low at about the same time as GBPUSD and rallied to its weekly level 1.1377
USDCAD fell through all its calculated weekly VRM levels down to the bottom of its short term trend channel at 1.3170 on Friday
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 21st June
The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.
TWO FILES ATTACHED
FIRST FILE
Weekly VRM levels in the top 30 minute charts. Daily VRM levels in the bottom 30 minute charts. Times are GMT-3 . EMA channel (4,7) included.
GBPUSD initially fell to its low at daily level 1.2653 while EURGBP rose to its high at daily level 0.8943.
GBPUSD then rallied to its high for the day at weekly level 1.2743 and EURGBP fell back to daily level 0.8922
Meanwhile EURUSD found support at its daily S1 sentiment level 1.1287 and rallied to weekly level 1.1377
USDCAD found support at the bottom of its short term trend channel at 1.3170 and rallied from there with some resistance at its highest daily sentiment level 1.3194
SECOND FILE
Shows the 4 hour candlestick charts with EMA channel (4.7) throughout the week with weekly VRM levels for the 4 FX pairs
GBPUSD found support on Monday at weekly levels 1.2532/1.2514 then rallied from there to weekly sentiment level 1.2731. Fell back to weekly sentiment level 1.2661 before the final rally to weekly level 1.2743
After its initial rally to weekly level 0.8967 EURGBP fell to its weekly S1 sentiment level 0.8872 . Found support there and rallied back to the top of its long term trend channel at 0.8936
EURUSD made its weekly low at about the same time as GBPUSD and rallied to its weekly level 1.1377
USDCAD fell through all its calculated weekly VRM levels down to the bottom of its short term trend channel at 1.3170 on Friday