DecaPip Weekly: 06/07/2015

Introduction to DecaPip
Welcome to our newest feature; DecaPip. The concept is simple: our professional market technician, with an exceptional system, showcases his own daily Support and Resistance levels across a broad spectrum of FX currency pairs. The most effective way to use the levels are:

  • If indicated levels hold, look for the price to reverse.
  • If levels are broken, look for the price to continue past to new highs or lows.

The DecaPip Weekly is currently published on Sunday evening. With the Greece referendum vote being held on the same day the opening prices in the early Asian open may vary greatly and may not reflect the true market pricing until the European market opens on Monday.

This makes the column particularly challenging this week as the reaction to the outcome is typically hard to predict. However I take every effort when charting the upcoming week to factor these risk events in.

EURUSD

1.1166 Resistance 1

1.1200 Resistance 2

1.1000 Support 1

1.0880 Support 2

Screen shot 2015-07-04 at 09.29.58

GBPUSD

1.5660 Resistance 1

1.5700 Resistance 2

1.5503 Support 1

1.5358 Support  2

Screen shot 2015-07-04 at 10.02.47

EURJPY

137.40 Resistance 1

138.10 Resistance 2

135.60 Support 1

134.88 Support 2

Screen shot 2015-07-04 at 10.27.13

USDCHF

9500 Resistance 1

9688 Resistance 2

9350 Support 1

9290 Support

Screen shot 2015-07-04 at 10.51.36

USDJPY

123.03 Resistance 1

124.17 Resistance 2

122.30 Support 1

121.90 Support 2

Screen shot 2015-07-04 at 20.54.22

AUSUSD

7535 Resistance 1

7575 Resistance 2

7445 Support 1

7332 Support 2

Screen shot 2015-07-04 at 17.10.46

Got any questions about our new DecaPip feature? Contact Nathan at Nathan@littlefishfx.com

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