Predicting future FX support and resistance levels using mathematics

gka

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Dec 16, 2017
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GBPUSD, EURGBP & EURUSD results for 18th January 2019 - Three days after Brexit vote

Here are the results for the GBPUSD, EURGBP & EURUSD.

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.

GBPUSD failed to break through its daily sentiment level 1.2994 (so was never bullish at all timescales) and then started to fall for the rest of the day down to its low at the middle of its long term trend channel at 1.2869 (blue line).

Meanwhile EURGBP rose to its weekly sentiment level 0.8835 / daily level 0.8836.

EURUSD fell with GBPUSD to its low at its weekly level 1.1359

2019-01-18-GBPUSD-EURGBP-EURUSD-30min.png
 

gka

Active member
Dec 16, 2017
555
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GBPUSD, EURGBP & EURUSD results for 29th January 2019 - UK Brexit voting day

Here are the results for the GBPUSD, EURGBP & EURUSD.

TWO ATTACHMENTS

FIRST ATTACHMENT

Shows the VRM long term trend channel (top, middle and bottom green lines) and the short term trend channel (top, middle and bottom blue lines) for the EURGBP over the last 50 days including today. As can be seen the EURGBP began its decline on 4th January when the short term trend channel broke down through the top of the long term trend channel. From the 14th January EURGBP has been falling with its short term trend channel. Last Friday 25th Jan EURGBP bounced off its long term trend channel bottom. So this week so far has been a EURGBP rally back to its short term trend channel middle.

SECOND ATTACHMENT

Here are the results for the GBPUSD, EURGBP & EURUSD for today 29th January

Weekly VRM levels in the top 15 minute charts. Daily VRM levels in the bottom 15 minute charts. Times are GMT-4 . EMA channel
(4,7) included.

GBPUSD followed EURGBP today with EURGBP rallying from its weekly sentiment level 0.8664 up to its short term trend channel middle at 0.8747

EURUSD looked on and stayed within its daily and weekly sentiment levels not knowing which sentiment to take.

2019-01-30-EURGP-VRM-channels.png

2019-01-29-GBPUSD-EURGBP-EURUSD-15min.png
 

gka

Active member
Dec 16, 2017
555
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GBPUSD, EURGBP, EURUSD & USDCAD results for 30th January 2019 - U S Fed Interest Rate Decision

Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD for today 30th January

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.

The four markets as complex systems knew what the Fed interest rate decision would be in advance.

GBPUSD waited at its lowest daily sentiment level 1.3062.

EURUSD waited at its lowest daily sentiment level 1.1414 after a bounce at the middle of its long term trend channel middle 1.1407 (blue line).

EURGBP had already found its low at daily level 0.8714.

USDCAD retraced back to its weekly sentiment level 1.3211

And then the Fed interest rate decision came.

2019-01-30-GBPUSD-EURGBP-EURUSD-USDCAD-30min.png
 

gka

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Dec 16, 2017
555
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GBPUSD, EURGBP, EURUSD results for 1st February - U S Non farm payrolls

Here are the results for the GBPUSD, EURGBP & EURUSD for 1st February - Non farm payrolls day

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.

GBPUSD followed EURGBP today. Starting 22:00 (GMT-4) EURGBP found resistance at its daily S1 sentiment level 0.8738 and GBPUSD followed with its support.

EURGBP fell to its lowest daily sentiment level 0.8727 while GBPUSD rose to its daily S1 sentiment level 1.3114

EURGBP then rallied to its daily level 0.8790 while GBPUSD followed by falling to its daily level 1.3054.

Meanwhile EURUSD found support at daily sentiment level 1.1437. Then rallied to its highest daily sentiment level 1.1475 before the NFP announcement. On the announcement EURUSD experienced volatility between its highest weekly sentiment level 1.1449 and its weekly level 1.1491

2019-02-01-GBPUSD-EURGBP-EURUSD-30min.png
 

gka

Active member
Dec 16, 2017
555
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GBPUSD result for 5th February

Here are the results for the GBPUSD 5th February

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

Key level today for GBPUSD was the daily S1 sentiment level 1.3046. Falling to the bottom of the short term trend channel at 1.2924

2019-02-05-GBPUSD-1hr.png
 

gka

Active member
Dec 16, 2017
555
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GBPUSD, EURGBP, EURUSD & USDCAD results for 14th February 2019

Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD for today 14th February

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.

GBPUSD falling from its daily S1 sentiment level 1.2865
EURGBP rallying from the middle of its short term trend channel at 0.8762
EURUSD rallying from its lowest daily sentiment level 1.1248
USDCAD rallying from its lowest daily sentiment level at 1.3227

Lots of gaps between levels for trading

2019-02-14-GBPUSD-EURGBP-EURUSD-USDCAD-1hr.png
 

gka

Active member
Dec 16, 2017
555
3
28
GBPUSD, EURGBP, & EURUSD results for 19th February 2019

Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD for today 19th February

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.

KEY LEVELS

GBPUSD found support on weekly S1 sentiment level 1.2900 at 22:00 (GMT-4)
EURGBP fell through its weekly S1 sentiment level 0.8753 at 05:00 (GMT-4)

And it was buy GBP from then on

Meanwhile EURUSD rallied with GBPUSD to its high at daily level 1.1351

Lots of gaps between VRM levels to trade between. A good day for the VRM

2019-02-19-GBPUSD-EURGBP-EURUSD-1hr.png