Predicting future FX support and resistance levels using mathematics

gka

Established member
590 3
GBPUSD, EURGBP, EURUSD & USDCAD results for 21st June 2019

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


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

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-3 . EMA channel (4,7) included.

GBPUSD initially fell to its low at daily level 1.2653 while EURGBP rose to its high at daily level 0.8943.

GBPUSD then rallied to its high for the day at weekly level 1.2743 and EURGBP fell back to daily level 0.8922

Meanwhile EURUSD found support at its daily S1 sentiment level 1.1287 and rallied to weekly level 1.1377

USDCAD found support at the bottom of its short term trend channel at 1.3170 and rallied from there with some resistance at its highest daily sentiment level 1.3194

SECOND FILE

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

GBPUSD found support on Monday at weekly levels 1.2532/1.2514 then rallied from there to weekly sentiment level 1.2731. Fell back to weekly sentiment level 1.2661 before the final rally to weekly level 1.2743

After its initial rally to weekly level 0.8967 EURGBP fell to its weekly S1 sentiment level 0.8872 . Found support there and rallied back to the top of its long term trend channel at 0.8936

EURUSD made its weekly low at about the same time as GBPUSD and rallied to its weekly level 1.1377

USDCAD fell through all its calculated weekly VRM levels down to the bottom of its short term trend channel at 1.3170 on Friday

2019-06-20-GBPUSD-EURGBP-EURUSD-USDCAD-30min-30min.png

2019-06-20-GBPUSD-EURGBP-EURUSD-USDCAD-4hr.png
 

gka

Established member
590 3
GBPUSD, EURGBP, EURUSD & USDCAD results for 28th June 2019

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


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

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

GBPUSD made its low Thursday at weekly level 1.2662. And rallied from there to its high today at weekly S1 sentiment level 1.2734

EURGBP started the day with support at the top of its long term trend channel at 0.8968 and rallied to its high at weekly level 0.8987 before falling to its low at daily level 0.8938

Meanwhile EURUSD was trapped between its weekly sentiment level at 1.1392 and its lowest weekly sentiment level 1.1362 before making its low today at daily sentiment level 1.1354

USDCAD has at least 11 hours of support on its daily S1 sentiment level at 1.3093 before briefly falling to the the bottom of its short term trend channel at 1.3054

SECOND FILE

Show today's price actions with 30 minute candlesticks.

THIRD FILE

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

GBPUSD started the week with support at its weekly S1 sentiment level 1.2734 before falling to its weekly low at weekly level 1.2662. Rallied from there but fell back on Thursday before rallying today to its weekly S1 sentiment level 1.2734

EURGBP spent Tuesday and Wednesday trying to break through the top of its long term trend channel at 0.8968 before finally breaking through to its weekly level 0.8987

EURUSD spent the whole week trapped between its weekly sentiment levels 1.1407 and 1.1362

USDCAD fell through its lowest weekly sentiment level at 1.3200 on Monday then fell the whole week to its weekly level 1.3077

2019-06-28-GBPUSD-EURGBP-EURUSD-USDCAD-1hr-1hr.png

2019-06-28-GBPUSD-EURGBP-EURUSD-USDCAD-30min-30min.png

2019-06-28-GBPUSD-EURGBP-EURUSD-USDCAD-4hr.png
 

gka

Established member
590 3
GBPUSD, EURGBP, EURUSD & USDCAD results for 5th July 2019 - US Nonfarm Payrolls

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


Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD at end of day 5th July US Nonfarm Payrolls

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-3 . EMA channel (4,7) included.

Lots of VRM signals to buy US$ prior to the NFP news at 09:30 (GMT-3)

GBPUSD broke down through its first daily low level at 1.2554 and weekly level 1.2562. GBPUSD then fell to its daily level 1.2491

EURGBP watched on for the day with support at daily S1 sentiment level 0.8963

EURUSD broke down through its lowest daily sentiment level 1.1276 early on at 04:00 (GMT-3) and the middle of its long term trend channel at 1.1264 prior to the NFP. Then fell to its weekly level 1.1210

USDCAD broke up through its highest sentiment level 1.3062 at 06:00 (GMT-3) and rose to its high at daily level 1.3137

SECOND FILE

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

GBPUSD was always long term bearish from the start of the week as it opened below its lowest weekly sentiment level 1.2712. GBPUSD was trapped through 3rd and 4th July between weekly levels 1.2585 and 1.2562. Then fell down below all the weekly VRM levels on the NFP news

EURGBP had support at its weekly S1 sentiment level 0.8921

EURUSD was always long term bearish from the start of the week as its opened below its lowest long term weekly sentiment level 1.1383. Flat-lined 3rd and 4th July before falling to weekly level 1.1210 on the NFP news

USDCAD moved sideways through the week about its weekly sentiment levels. Its high on 1st July and low on 4th July were daily VRM levels.

2019-07-05-GBPUSD-EURGBP-EURUSD-USDCAD-30min-30min.png

2019-07-05-GBPUSD-EURGBP-EURUSD-USDCAD-4hr.png
 

gka

Established member
590 3
GBPUSD, EURGBP, EURUSD & USDCAD results for 10th July 2019 - US$ sell-off and BoC Interest Rate Decision

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


Here are the results for the GBPUSD, EURGBP, EURUSD & USDCAD 10th July - US$ sell-off and BoC Interest Rate Decision

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 15 minute charts. Daily VRM levels in the bottom 15 minute charts. Times are GMT-3 . EMA channel (4,7) included.

Lots of VRM signals to sell US$ at 09:30 (GMT-3) and then the BoC Interest Rate Decision at 11:00 (GMT-3)

GBPUSD found support at the bottom of its short term trend channel at 1.2447. Rallied to the bottom of its long term trend channel at 1.2493. Fell back to its weekly level 1.2462 then rallied at 09:30 (GMT-3) to its weekly level 1.2523

EURGBP watched on for the day with support at daily S1 sentiment level 0.8983

EURUSD found support at its lowest daily sentiment level 1.1203 and rallied to its highest daily sentiment level at 1.1225. Then fell back to its daily S1 sentiment level 1.1215. Finally at 09:30 (GMT-3) it rallied to the middle of its long term trend channel 1.1264

USDCAD broke down through its daily S1 sentiment level 1.3122. Then at 09:30 (GMT-3) plummeted to its daily level 1.3069. At 11:00 (GMT-3) on the BoC interest rate decision it rallied to its highest daily sentiment level 1.3145 before falling back to daily level 1.3069.

2019-07-10-GBPUSD-EURGBP-EURUSD-USDCAD-15min-15min-1726.png
 

gka

Established member
590 3
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 12th July 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 signals !


Here are the results for the GBPUSD, EURGBP, EURUSD, USDCAD at end of day 12th July

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-3 . EMA channel (4,7) included.

GBPUSD had support throughout the day on weekly level 1.2523. Felt resistance at weekly sentiment level 1.2550/daily sentiment level 1.2550 then finally rallied to daily sentiment level 1.2574

EURGBP As GBPUSD rallied EURGBP fell through its daily sentiment level 0.8980 down to daily level 0.8954.

EURUSD cycled between daily sentiment level 1.1276 and weekly sentiment level 1.1239

USDCAD fell through its lowest daily sentiment level 1.3066 down to its daily level 1.3026

EURCAD followed USDCAD and fell. It got trapped for 3 hours between two weekly sentiment levels 1.4697 and 1.4687. Then fell to its daily low. It followed EURUSD at 10:00 and rallied from there.

SECOND FILE

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

GBPUSD Fell at the start of the week and found support at weekly level 1.2462 then rallied for the rest of the week. Better than expected GDP figures on 10th July.

EURGBP Followed GBPUSD and fell

EURUSD Followed GBPUSD and rallied to its weekly sentiment level 1.1277

USDCAD Followed EURUSD and fell to its weekly level 1.3026

EURCAD Rallied with USDCAD then fell on the 10th July back to its weekly sentiment level 1.4664

2019-07-12-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-30min-30min.png

2019-07-12-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-4hr.png
 

gka

Established member
590 3
GBPUSD, EURGBP, EURUSD, USDCAD & EURCAD results for 19th July 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 July

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 charts. Times are GMT-3 . EMA channel (4,7) included.

GBPUSD had resistance at the middle of its short term trend channel at 1.2546. Unable to drag the EMA(4,7) channel up through this level and fell to daily level 1.2491

EURGBP had resistance at its daily S1 level 0.8987 and unable to drag its EMA(4,7) channel up through this level and fell to its daily level 0.8961

EURUSD unable to break up through its daily S1 sentiment level at 1.1270 and fell to nearly its daily level 1.1199

USDCAD found support on its daily S1 level at 1.3027 and rose to its daily level 1.3112

EURCAD unable to break up through its daily S1 level at 1.4701 and fell to its daily level 1.4645

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 fell at the start of the week and finally found support at weekly level 1.2380 then rallied for the rest of the week back to weekly levels 1.2537 and 1.2531

EURGBP rose as GBPUSD fell. EURGBP high for the week at weekly level 0.9043. Then fell for the rest of the week

EURUSD followed GBPUSD by falling then rising back to the middle of its long term trend channel at 1.1280

USDCAD cycled for the week with support at the bottom of its long term trend channel 1.3035

EURCAD had some support at the beginning of the week on its weekly sentiment level 1.4686 then fell to about the bottom of its long term trend channel 1.4600 before rallying back up. I suppose everyone was waiting with orders just above 1.4600

2019-07-19-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-1hr-1hr.png

2019-07-19-GBPUSD-EURGBP-EURUSD-USDCAD-EURCAD-4hr.png