GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 16th March 2020 - FED Interest Rate Decision yesterday
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 March 2020
ALL LEVELS BELOW WERE PROVIDED YESTERDAY BEFORE THE MARKETS OPENED
FIRST FILE
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. All charts show the mid-price between the bid and the offer . Weekly and daily levels are valid for the first 24 hour start to the week.
GBPUSD high for the day at daily level 1.2421. Low for the day at daily level 1.2219
EURGBP started the day at daily level 0.8981. Rallied to daily level 0.9146
EURUSD found support on the bottom of its short term trend channel at 1.1100. Rallied to daily level 1.1228
USDCAD found support on the top of its short term trend channel 1.3788. Rallied to weekly level 1.4015
EURCAD found support on its daily S1 senmtiment level 1.5328. Rallied to daily level 1.5666
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 March 2020
ALL LEVELS BELOW WERE PROVIDED YESTERDAY BEFORE THE MARKETS OPENED
FIRST FILE
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. All charts show the mid-price between the bid and the offer . Weekly and daily levels are valid for the first 24 hour start to the week.
GBPUSD high for the day at daily level 1.2421. Low for the day at daily level 1.2219
EURGBP started the day at daily level 0.8981. Rallied to daily level 0.9146
EURUSD found support on the bottom of its short term trend channel at 1.1100. Rallied to daily level 1.1228
USDCAD found support on the top of its short term trend channel 1.3788. Rallied to weekly level 1.4015
EURCAD found support on its daily S1 senmtiment level 1.5328. Rallied to daily level 1.5666