DecaPip Weekly 02/08/2015

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.

 

Here are my DecaPip Weekly levels for the first week of August highlighting the best support and resistance levels in the foreign exchange market.

I am anticipating a high level of volatility around data releases in the USA sessions and as such this should create larger daily ranges than we have typically seen in trading this past July.

EURUSD

Screen shot 2015-08-02 at 10.55.48

EURJPY

Screen shot 2015-08-02 at 11.20.43

GBPUSD

Screen shot 2015-08-02 at 11.07.00

GBPJPY

Screen shot 2015-08-02 at 14.12.16

USDJPY

Screen shot 2015-08-02 at 11.43.02

USDCHF

Screen shot 2015-08-02 at 14.00.04

USDCAD

Screen shot 2015-08-02 at 13.49.54

 

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

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