DecaPip Weekly:20/07/2015

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 highlights the key areas of support and resistance traders will be watching in the upcoming trading week for the currency pairs featured below.

EURUSD

1.0880 Resistance 1

1.1144 Resistance 2

1.0740 Support 1

1.0220 Support 2

Screen shot 2015-07-18 at 09.40.51

GBPUSD

1.5740 Resistance 1

1.5800 Resistance 2

1.5540 Support 1

1.5255 Support 2

Screen shot 2015-07-18 at 09.51.32

EURJPY

135.10 Resistance 1

137.30 Resistance 2

134.00 Support 1

132.35 Support 2

Screen shot 2015-07-18 at 10.15.12

USDCHF

0.9780 Resistance 1

1.0014 Resistance 2

0.9545 Support 1

0.9440 Support 2

Screen shot 2015-07-18 at 10.46.40

USDJPY

124.37 Resistance 1

126.70 Resistance 2

120.70 Support 1

117.80 Support 2

Screen shot 2015-07-18 at 11.08.58

USDCAD

1.3008 Resistance 1

1.3072 Resistance 2

1.2780 Support 1

1.2510 Support 2

Screen shot 2015-07-18 at 11.32.06

 

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

Disclaimer:
All comments, charts and analysis on this website are purely provided to demonstrate our own personal thoughts and views of the market and should in no way be treated as recommendations or advice. Please do not trade based solely on any information provided within this site, always do your own analysis. For more information please see our full disclaimer in the footer below.