News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Bearish
GBP/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Time-cycle analysis suggests that the Japanese Yen could slide significantly lower against its major counterparts. Key levels for AUD/JPY, EUR/JPY and GBP/JPY. Get your market update from @DanielGMoss here:https://t.co/WPq4Z9zzEw https://t.co/gz1bAgz2o4
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Gold: 0.23% Silver: -0.22% Oil - US Crude: -0.58% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/vrAQivFu5K
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.26% 🇨🇦CAD: 0.10% 🇨🇭CHF: 0.04% 🇪🇺EUR: 0.00% 🇳🇿NZD: 0.00% 🇦🇺AUD: -0.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/UULUuhLCoC
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 90.92%, while traders in GBP/JPY are at opposite extremes with 70.92%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/qibVCKVjbh
  • The US Dollar gained against most ASEAN currencies this past week, such as the Indonesian Rupiah and Philippine Peso. Will this continue? Eyes are on Fed Chair Jerome Powell.Get your market update from @DanielGMoss here:https://t.co/fdgq31NEQ2 https://t.co/1NasBP7l2A
  • Bank of Indonesia says to remain present in market to guard Rupiah -BBG
  • House Financial Services Committee schedules second GameStop hearing for March 17 - BBG $GME
  • Speaker Pelosi says minimum wage increase will not be removed from House Covid bill - BBG
  • Asia-Pacific equities opened broadly lower amid a 'risk off' sentiment following a sour lead from Wall Street overnight. Rising yields and a stronger US Dollar exerted downward pressure over risk assets. https://www.dailyfx.com/forex/market_alert/2021/02/26/Dow-Jones-Falls-on-Rising-Yields-ASX-200-Nikkei-225-Tumble-.html https://t.co/3p7prANkLA
  • The Australian Dollar looks poised to outperform the haven-associated US Dollar and Japanese Yen. However, it may lose ground to the New Zealand Dollar. Key levels for AUD/USD, AUD/JPY and AUD/NZD.Get your $AUD market update from @DanielGMoss here:https://t.co/cuxRxl5WaF https://t.co/MD0ppnO7t6

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.
View more
Trend:
Up
Neutral
Down
Level Strength:
Strong
Moderate
Weak
Last updated: Feb 4, 2021
Symbol Trend
S1 S2 S3 R1 R2 R3
S1 7504
S2 7456
S3 7413
R1 7636
R2 7701
R3 7801
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 28880
S2 24217
S3 19846
R1 42000
R2 50000
R3 60000
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 1041
S2 911
S3 635
R1 2000
R2 3000
R3 4000
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 8743
S2 8670
S3 8520
R1 91838845
R2 8879
R3 8957
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 126.11
S2 125.19
S3 124.32
R1 127.63
R2 128.67
R3 131.4
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 1.2005
S2 1.1911
S3 1.1835
R1 1.2128
R2 1.2339
R3 1.2337
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 5379
S2 5306
S3 5213
R1 58155721
R2 5884
R3 6111
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 141.03
S2 140.78
S3 139.57
R1 144.15
R2 144.95
R3 147.95
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 1.36
S2 1.3504
S3 1.3345
R1 1.3743
R2 1.3997
R3 1.4039
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 13311
S2 13037
S3 12688
R1 14131
R2 14450
R3 15000
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 1803
S2 1790
S3 1764
R1 1898
R2 1918
R3 1956
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 27002
S2 26321
S3 24091
R1 30000
R2 31000
R3 32000
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 7710
S2 7000
S3 6940
R1 7332
R2 7390
R3 7437
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 25.47
S2 24.06
S3 22.9
R1 28.27
R2 29.86
R3 30.74
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 6263
S2 6176
S3 6040
R1 6903
R2 7025
R3 7547
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 29755
S2 29199
S3 28323
R1 31272
R2 32000
R3 33000
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 1.27
S2 1.2619
S3 1.2579
R1 1.2928
R2 1.2989
R3 1.3083
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 8919
S2 8896
S3 8825
R1 9006
R2 9080
R3 9180
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 6.42
S2 6.25
S3 6.1158
R1 6.6340
R2 6.7741
R3 6.9044
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 104.5
S2 104.24
S3 103.06
R1 105.13
R2 105.42
R3 106.09
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 90.53
S2 89.9
S3 89.53
R1 91.32
R2 91.75
R3 92.28
Latest technical analysis
Low
High

Note: Low and High figures are for the trading day.

Data provided by
S1 51.46
S2 49.27
S3 46.18
R1 55.56
R2 65.62
R3 66.58

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.