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Support and Resistance

View support and resistance levels for forex, commodities and indices. Learn where they are strong, moderate and weak and discover the direction and strength of the trend.
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Last updated: May 23, 2024
Symbol Signal
S3 S2 S1 R1 R2 R3

Using support and resistance in trading

Support and resistance are key concepts that help traders understand, analyze and act on chart patterns in the financial markets. Support describes a price level where a downtrend pauses due to demand for an asset increasing, while resistance refers to a level where an uptrend reverses as a sell-off happens.

Forex support and resistance allows FX traders to better understand where to enter and exit trades, reduce their risk exposure and benefit from a favorable risk to reward ratio. Read more on trading with support and resistance to put theory into practice.