GBP Futures (6b, June)
VWAP angle: 11 (neutral)
We are currently trading around an interesting level on GBP futures this morning. After running liquidity pre London, the probability of this level holding are somewhat faint. A preferred break and retest of the AM single print (green, fig.1) would allow this market to auction higher.
With that in mind, current market price marks the weekly POC and a present day single print (blue dotted line) where bears could have a go at selling from.
Personally its a weak level and I would prefer to wait for further development before entering as it is unclear whether buyers or sellers have control of this market.
GBP AM Session Profile (fig.1)
GBP Daily Profile (fig.2)
GBP Weekly Profile (fig.3)
GBPUSD Candlestick chart
EUR Futures (6E, June)
EURO has rallied into the weekly POC (fig.6) coupled with a strong level on the daily profile consisting of 2 day VAL's. The AM profile shows the potential of a further rally into the naked POC however all of these levels fall within a 20 pip range between 1.0895 - 1.0915, which you can see in fig.7.
VWAP angle: 10 (neutral)
Line in the sand for shorts: AM POC @ 1.0915
Daily profile (fig.4)
AM Session Profile (fig.5)
Weekly profile (fig.6)
Candlestick chart EURUSD
コメント