GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 22nd November 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 November
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-4 . EMA channel (4,7) included. All charts show the mid-price between the bid and the offer.
GBPUSD high at daily sentiment level 1.2930. Falling to daily level 1.2824
EURGBP support at daily sentiment level 0.8563. Rising to daily level 0.8598
EURUSD high at weekly S1 sentiment level 1.1076. Some support on the middle of its long term trend channel 1.1054. Before falling through.
USDCAD low at daily sentiment level 1.3264. Rising to weekly level 1.3299
EURCAD resistance at daily S1 sentiment level 1.4701. Falling to daily level 1.4649
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. All charts show the mid-price between the bid and the offer.
GBPUSD Monday through Thursday trapped between weekly sentiment levels 1.2954 and 1.2913. Finally falling to weekly level 1.2839 today.
EURGBP rising from its lowest weekly sentiment level 0.8547. Rising to its highest weekly sentiment level 0.8599
EURUSD unable to break through its weekly S1 sentiment level 1.1076. Finally falling with GBPUSD today.
USDCAD rallied from below the middle of its long term trend channel 1.3221
EURCAD rallied with USDCAD to its high at weekly level 1.4761. Then fell with EURUSD to its low today.
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 November
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-4 . EMA channel (4,7) included. All charts show the mid-price between the bid and the offer.
GBPUSD high at daily sentiment level 1.2930. Falling to daily level 1.2824
EURGBP support at daily sentiment level 0.8563. Rising to daily level 0.8598
EURUSD high at weekly S1 sentiment level 1.1076. Some support on the middle of its long term trend channel 1.1054. Before falling through.
USDCAD low at daily sentiment level 1.3264. Rising to weekly level 1.3299
EURCAD resistance at daily S1 sentiment level 1.4701. Falling to daily level 1.4649
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. All charts show the mid-price between the bid and the offer.
GBPUSD Monday through Thursday trapped between weekly sentiment levels 1.2954 and 1.2913. Finally falling to weekly level 1.2839 today.
EURGBP rising from its lowest weekly sentiment level 0.8547. Rising to its highest weekly sentiment level 0.8599
EURUSD unable to break through its weekly S1 sentiment level 1.1076. Finally falling with GBPUSD today.
USDCAD rallied from below the middle of its long term trend channel 1.3221
EURCAD rallied with USDCAD to its high at weekly level 1.4761. Then fell with EURUSD to its low today.