Tick data clustering analysis establishing support and resistance levels of the EUR-USD exchange market
Our aim is to use clustering algorithms in order to compute support and resistance levels within an intra-day trading setting. To achieve this we use a tick data set from the EUR-USD exchange market during 2019 as a measure of market activity. Both the Gaussian Mixed Model (GMM) and an altered form of Kmeans clustering will be used as clustering methods where each method will be evaluated using a