GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 9th September 2019 - UK GDP figures
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 9th 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.
GBPUSD fell to the middle of its short term trend channel at 1.2243 (blue curve). On the better than expected UK GDP figures (05:30 GMT-3) it rallied to weekly level 1.2376 / daily level 1.2375
EURGBP found resistance at the middle of its short term trend channel at 0.8995. On the better than expected UK GDP figures it fell to daily level 0.8926
EURUSD looked on and rose to its highest daily sentiment level 1.1068
USDCAD had resistance at its highest daily sentiment level 1.3184 and fell to the bottom of its short term trend channel at 1.3135
EURCAD looked on and moved between its lowest daily sentiment level 1.4508 and its highest S1 sentiment level 1.4546
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 9th 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.
GBPUSD fell to the middle of its short term trend channel at 1.2243 (blue curve). On the better than expected UK GDP figures (05:30 GMT-3) it rallied to weekly level 1.2376 / daily level 1.2375
EURGBP found resistance at the middle of its short term trend channel at 0.8995. On the better than expected UK GDP figures it fell to daily level 0.8926
EURUSD looked on and rose to its highest daily sentiment level 1.1068
USDCAD had resistance at its highest daily sentiment level 1.3184 and fell to the bottom of its short term trend channel at 1.3135
EURCAD looked on and moved between its lowest daily sentiment level 1.4508 and its highest S1 sentiment level 1.4546