Predicting future FX support and resistance levels using mathematics

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 14th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 14th August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD support at weekly level 1.2044 rising to its high at its highest daily sentiment level 1.2096

EURGBP resistance at weekly level 0.9267 falling to daily S1 sentiment level 0.9236

EURUSD resistance at daily S1 level 1.1184 and falling below daily level 1.1148

USDCAD support at weekly S1 sentiment level 1.3218 rising to weekly level 1.3319

EURCAD support at lowest weekly sentiment level 1.4765 rising to daily level 1.4877

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 15th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 15th August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD support at daily level 1.2052 rallying to daily level 1.2153

EURGBP resistance at daily level 0.9247 falling to lowest daily sentiment level 0.9152

EURUSD resistance at daily S1 level 1.1151 failing through daily level 1.1115 & weekly level 1.1115

USDCAD moved sideways between its lowest daily sentiment level 1.3297 and its highest daily sentiment level 1.3327

EURCAD resistance at the highest weekly sentiment level 1.4854 falling to daily level 1.4784

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 16th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 16th August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

THREE FILES ATTACHED

FIRST FILE

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD had support on the weekly S1 sentiment level 1.2081 and rallied to daily level 1.2173

EURGBP meanwhile followed GBPUSD and fell to weekly sentiment level 0.9099

EURUSD fell from its weekly level 1.1115 and made its low when EURGBP made its low.

USDCAD fell through its weekly level 1.3319 down to the middle of its short term trend channel at 1.3263

EURCAD fell through its daily S1 sentiment level 1.4796 and followed EURGBP and EURUSD

SECOND FILE

Shows the 4 hour candlestick charts with EMA channel (4.7) throughout the week with weekly VRM levels for the 5 FX pairs

GBPUSD found support on weekly level 1.2044 and finally managed to break through weekly S1 level 1.2081

EURGBP met resistance at weekly level 0.9313 and fell for the rest of the week to weekly sentiment level 0.9099

EURUSD was always bearish on the week because it could not break up through its highest weekly sentiment level 1.1230. Then fell down to about weekly level 1.1066

USDCAD rallied form its weekly S1 sentiment level 1.3218 but unable to break up through weekly level 1.3319 and fell back

EURCAD meandered between its highest weekly sentiment level 1.4854 and its lowest weekly sentiment level 1.4765 before finally falling through 1.4765

THIRD FILE

Shows the VRM EURGBP predictions for today 16th August.

As can be seen, the middle of the short term trend channel (blue curve right chart) has been trying to break through the top of the long term trend channel (green curve right chart) for the last 3 days and failed. I have been expecting a fall in the EURGBP this week.

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 19th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 19th August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD rallied to its lowest daily sentiment level 1.2171 and weekly S1 sentiment level 1.2172 and then fell to weekly level 1.2112

EURGBP fell to its daily S1 sentiment level 0.9123 then rallied to the middle of its short term trend channel at 0.9164. Then fell

EURUSD looked on. Had support on its lowest weekly sentiment level 1.1089. Rallied to its weekly S1 sentiment level 1.1112 then fell

USDCAD had support on its lowest daily sentiment level 1.3261 then rallied to about its daily level 1.3343

EURCAD had support on its weekly S1 sentiment level 1.4717 then rallied to its daily level 1.4775

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 20th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 20th August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD low for the day at daily level 1.2072 / weekly level 1.2074. Then rallied to the middle of its short term trend channel at 1.2174

EURGBP failed to break back above the top of its long term trend channel at 0.9169. As GBPUSD started its rally EURGBP fell from its high to daily level 0.9099

EURUSD looked on. Moved between its lowest daily sentiment level 1.1076 and its highest daily sentiment level 1.1108

USDCAD looked on. Moving between its lowest daily sentiment level 1.3311 and its highest daily sentiment level 1.3328

EURCAD had support on the middle of its long term trend channel at 1.4749

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 21st August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 21st August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 1 hr charts. Daily VRM levels in the bottom 1 hr charts. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD unable to break up through weekly S1 sentiment level 1.2172 and fell. Making a brief daily low at weekly level 1.2112.

EURGBP rose as GBPUSD fell . Unable to break on up through daily level 0.9154

EURUSD unable to break up through daily S1 sentiment level 1.1123 and fell

USDCAD fell through daily S1 sentiment level 1.3315 down to the weekly S1 sentiment level 1.3262

EURCAD fell from its daily S1 level 1.4795 down to its weekly S1 sentiment level 1.4717

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 22nd August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 22nd August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD support at daily level 1.2107 rallied to weekly level 1.2269.

EURGBP resistance at daily level 0.9156 then fell to weekly sentiment level 0.9039. EURGBP continues its fall.

EURUSD resistance at its highest daily sentiment level 1.1112 / weekly S1 sentiment level 1.1112. Support at daily level 1.1061

USDCAD resistance at its highest weekly sentiment level 1.3308 and support at the middle of its short term trend channel at 1.3287

EURCAD support at its weekly S1 sentiment level 1.4717

 

[Madalyn]

Hi Everyone, My name is Graham and I am a mathematician here in Canada.

There are lots of different technical analysis methods to determine future support and resistance levels. They can be subjective and depend upon experience. I have been wondering whether support and resistance levels can be determined mathematically and now have a working algorithm I call the Volatility Response Model (VRM).

The VRM calculates future support and resistance levels either one day ahead or one week ahead, together with short and long term trend channels. These predictions are not extrapolations from the past. I attach a white paper describing the algorithm.

I am looking for FX traders for feedback, discussions and opinions on the VRM predictions. To this end I will post predictions in this thread as markets progress.

Here is the first set of predictions for GBPUSD in chart format starting 5 pm New York time tonight. The second attached paper describes the format of these predictions on the chart. They are essentially 24 weekly levels and 24 daily levels. The latter will last until 5 pm New York time tomorrow night. Tomorrow night after the close in New York I will post the GBPUSD market price action and the VRM levels on the same chart.

Thank you for this

 

[gka]

Thank you for this

Appreciated !

=======================================================================================

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 23rd August 2019 - Fed Chair Powell Speaks 11 am (GMT-3)

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 23rd August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

THREE FILES ATTACHED

FIRST FILE

Weekly VRM levels in the top 1 hour charts (for 2 days). Daily VRM levels in the bottom 1 hour. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD fell from daily S1 sentiment level at 1.2255 and found support at daily level 1.2194. Then rallied to daily level 1.2294

EURGBP had support on weekly S1 sentiment level 0.9039 and rallied to weekly S1 sentiment level 0.9093

EURUSD fell to daily level 1.1054 where it found support. Then rallied to daily level 1.1150

USDCAD went sideways. Had support on the middle of its short term trend channel at 1.3294 then tested its lowest daily sentiment level at 1.3278

EURCAD found support on its lowest daily sentiment level at 1.4720 then rallied to daily level 1.4848

SECOND FILE

Shows the 4 hour candlestick charts with EMA channel (4.7) throughout the week with weekly VRM levels for the 5 FX pairs

GBPUSD found support on weekly level 1.2074 , resistance at weekly S1 sentiment level 1.2172. Finally breaking through the bottom of its long term trend channel at 1.2212

EURGBP met resistance at the top of its long term trend channel at 0.9169 then fell to its weekly sentiment level at 0.9039 before today's rally

EURUSD had resistance at its weekly S1 sentiment level 1.1112 before today's rally

USDCAD moved sideways with some support at its weekly S1 sentiment level 1.3262

EURCAD had support at its weekly S1 sentiment level 1.4717 before rallying today to its weekly level 1.4840

THIRD FILE

Shows the VRM GBPUSD predictions for today 23rd August. GBPUSD found support on the bottom of its short term trend channel on 12th Aug. Then started testing the middle of its short term trend channel 4 days later. Ending today with its big rally.

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 26th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 26th August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD had support on weekly S1 sentiment level 1.2261 then sank through to daily level 1.2210

EURGBP had support on daily S1 sentiment level 0.9078 and had a rally to daily level 0.9110

EURUSD had resistance at weekly S1 sentiment level 1.1160 and weekly sentiment level 1.1151 then sank to daily level 1.1098

USDCAD had resistance at weekly sentiment level 1.3317 then sank to daily level 1.3243

EURCAD had resistance at daily level 1.4856 then sank through multiple levels to daily level 1.4705

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 27th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 27th August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD had support on weekly level 1.2208 and daily level 1.2212 then rallied to daily level 1.2301

EURGBP fell as GBPUSD rallied. EURGBP low at daily level 0.9019

EURUSD rallied to daily S1 sentiment level 1.1115 then fell to its low

USDCAD made its low as EURCAD made its low and then rallied to weekly sentiment level 1.3302 / daily level 1.3299

EURCAD made its low at weekly level 1.4693 and then rallied back to the middle of its long term trend channel at 1.4742

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 28th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 28th August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD had support on weekly level 1.2272 then fell rapidly to the bottom of its long term trend channel at 1.2157 / daily level 1.2154 before recovering to weekly level 1.2248

EURGBP had support on its daily S1 sentiment level 0.9026 and rallied to its daily level 0.9097 before falling back to its weekly S1 sentiment level 0.9049

EURUSD looked on at the GBP sell off

USDCAD had support at its weekly S1 sentiment level 1.3280 and rallied to its highest weekly sentiment level 1.3317

EURCAD found resistance at its lowest weekly sentiment level 1.4765

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 29th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 29th August

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-3 . EMA channel (4,7) included.

GBP volatility day

GBPUSD had support on daily level 1.2193. Then rallied to its lowest daily sentiment level 1.2236 before falling to daily level 1.2174

EURGBP low at weekly S1 sentiment level 0.9049. High at daily level 0.9097

EURUSD fell from its daily S1 sentiment level 1.1089 down to daily level 1.1054

USDCAD exciting price action between three weekly sentiment levels 1.3317, 1.3302 and 1.3280

EURCAD found resistance about its lowest weekly sentiment level 1.4765 and fell to weekly level 1.4693

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 30th August 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 30th August

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 1 hour charts (for 2 days). Daily VRM levels in the bottom 1 hour charts (for 2 days). Note that these daily levels are valid only for the last 24 hours but they are extrapolated backwards to the previous day. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD rose to daily S1 sentiment level 1.2228 then fell to weekly level 1.2140.

EURGBP fell to its lowest daily sentiment level 0.9019.

EURUSD cascaded down to the bottom of its short term trend channel at 1.0967.

USDCAD had a low about its daily level 1.3245 then rallied to daily level 1.3329

EURCAD fell to its daily level 1.4601

SECOND FILE

Shows the 3 hour candlestick charts with EMA channel (4.7) throughout the week with weekly VRM levels for the 5 FX pairs

GBPUSD found support on weekly level 1.2208 then rallied to its weekly high before falling to the bottom of its long term trend channel at 1.2157

EURGBP oscillated about its weekly S1 sentiment level 0.9049 throughout the week

EURUSD cascaded down its weekly levels

USDCAD fell to about weekly level 1.3218 then spent the rest of the week trying to break up through weekly sentiment level 1.3317

EURCAD had some support on weekly level 1.4693. Unable to break up through its lowest weekly sentiment level 1.4765. Then fell to weekly level 1.4623

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 2nd September 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 2nd September

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 30 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-3 . EMA channel (4,7) included.

EURGBP - key event today was the fall of EURGBP onto the middle of its short term trend channel at 0.9030 at 03:30 (GMT-3) and then rapid movement up to daily level 0.9101.

GBPUSD followed EURGBP and fell at 03:30 out of its short and long term term trend channels and finished at weekly level 1.2064

EURUSD had resistance at its lowest daily sentiment level 1.0992 and fell to daily level 1.0966

USDCAD had support above its weekly S1 sentiment level 1.3310 and resistance at its daily level 1.3352

EURCAD had resistance at its weekly sentiment level 1.4651 and support at its weekly sentiment level 1.4609

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 3rd September 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 3rd September

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 min charts. Daily VRM levels in the bottom 30 min charts. Times are GMT-3 . EMA channel (4,7) included.

EURGBP - key event today was the rise of EURGBP to the top of its short term trend channel (blue line) at 0.9141 at 04:30 (GMT-3) and its subsequent fall

GBPUSD followed EURGBP and fell as EURGBP rose. When EURGBP hit the top of its short term trend channel at 0.9141 and fell then GBPUSD rose rapidly

EURUSD fell to the bottom of its short term trend channel at 1.0937 then rose with GBPUSD

USDCAD rose from its daily S1 sentiment level at 1.3323 to its highest weekly sentiment level 1.3384 then fell back to daily S1

EURCAD fell to its daily level 1.4580 then rose to its weekly sentiment level 1.4651

SECOND FILE

Is the VRM chart prediction for EURGBP today. As can be seen its short term trend channel (blue lines ) has been falling since about 16th August when the middle of its short term trend channel tried to break up through the top of its long term trend channel (green lines) and failed. Today EURGBP bounced down from the top of its short term trend channel at 0.9141

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 4th September 2019 - Brexit and BoC Interest Rate Decision

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 4th September

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-3 . EMA channel (4,7) included.

EURGBP - key event today was the fall of EURGBP below its daily S1 sentiment level at 0.9079. It cascaded down to the middle of its short term trend channel at 0.9026 where it found some support. This was short lived as it then fell to its weekly S1 sentiment level 0.8997

GBPUSD followed EURGBP and and rose throughout the day with some resistance at weekly level 1.2209

EURUSD rose throughout the day

USDCAD fell on the BoC Interest Rate Decision to daily level 1.3226

EURCAD rose to the middle of its short term trend channel 1.4699 then fell to daily level 1.4592 on the BoC Interest Rate Decision.

 

[Madalyn]

following

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 5th September 2019

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 5th September

The daily VRM charts below now only display the highest , lowest and S1 sentiments levels. These are the most important sentiment levels.

ONE FILE ATTACHED

Weekly VRM levels in the top 1 hour charts. Daily VRM levels in the bottom 1 hour charts. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD found support on its weekly level 1.2209 and rallied to daily level 1.2349

EURGBP followed GBPUSD trying to break up through the middle of its short term trend channel at 0.9015 and failed. Then fell to the middle of its long term trend channel at 0.8954

EURUSD could not break down through its lowest daily sentiment level 1.1026 and rose with GBPUSD then falling back to its daily S1 sentiment level 1.1033

USDCAD fell to about its daily level 1.3188 and then rose to its weekly level 1.3245

EURCAD fell to about its daily level 1.4549 then rose to its weekly S1 sentiment level 1.4632

 

[gka]

GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 6th September 2019 - US Non farm payrolls

Volatility Response Model (VRM) described in the first post of this thread.

EURCAD added to complete another triplet. Now there are two triplets.

EURGBP X GBPUSD = EURUSD

EURUSD X USDCAD = EURCAD

The FX pairs follow each other about their respective VRM levels. Good for additional trading signals !

Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD at end of day 6th September

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 1 hour charts. Daily VRM levels in the bottom 1 hour. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD US non farm payroll today, but the markets were still all about Brexit. GBPUSD was resisted at daily S1 sentiment level 1.2335 and fell to daily level 1.2285

EURGBP found support about the middle its long term trend channel at 0.8954 and rallied to its daily level 0.8987

EURUSD looked on with a daily high at its highest weekly sentiment level 1.1056

USDCAD found resistance at its highest daily sentiment level 1.3239 and fell to daily level 1.3162

EURCAD fell for the day from its daily S1 sentiment level 1.4611 to its daily level 1.4517

SECOND FILE

Shows the 4 hour candlestick charts with EMA channel (4.7) throughout the week with weekly VRM levels for the 5 FX pairs

GBPUSD Brexit week. Fell through all its weekly VRM levels. Then rallied when Parliament tried to stop Boris Johnson.

EURGBP met resistance at weekly level 0.9140 and fell to the middle of its long term trend channel at 0.8954 where it rebounded

EURUSD followed GBPUSD down then rallied with GBPUSD to its highest weekly sentiment level at 1.1056

USDCAD found resistance at its highest weekly sentiment level at 1.3384 then fell to about its weekly level 1.3154

EURCAD moved sideways between its weekly sentiment level 1.4651 and its lowest weekly sentiment level 1.4609 before falling today.