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

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  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 1.17% Gold: 0.08% Oil - US Crude: -0.02% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/0ZC9QCz4K1
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  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.39% France 40: 0.27% Germany 30: 0.23% Wall Street: 0.01% US 500: 0.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/VW3XrWqAfM
  • Walking back those snap comments of support for Yellen's remarks that rates may need to rise to prevent the economy from overheating. I'm not the conspiracy type, but these corrections seem to occur more frequently when the markets are down... https://t.co/v7xiIH4Bdt
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  • Fed's Bullard: - Before talk of tapering or other regulatory changes, we need to be solidly out of the pandemic - Some people's motivation to return to work is influenced by benefits

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: May 7, 2021
Symbol Trend
S1 S2 S3 R1 R2 R3
Latest technical analysis
Low
High

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

Data provided by
S1 7800
S2 7721
S3 7701
R1 7871
R2 7905
R3 7989
S1 28880
S2 24217
S3 19846
R1 42000
R2 50000
R3 60000
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 8520
S2 8463
S3 8332
R1 8785
R2 8864
R3 8978
Latest technical analysis
Low
High

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

Data provided by
S1 129.58
S2 128.67
S3 127.07
R1 132.56
R2 134.29
R3 135.15
Latest technical analysis
Low
High

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

Data provided by
S1 1.21
S2 1.2031
S3 1.198
R1 1.2168
R2 1.2239
R3 1.2323
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 148.16
S2 145.68
S3 144.6
R1 152.89
R2 155.5
R3 156.6
Latest technical analysis
Low
High

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

Data provided by
S1 1.3821
S2 1.3781
S3 1.3675
R1 1.3995
R2 1.4024
R3 1.4138
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 1795
S2 1764
S3 1756
R1 1850
R2 1889
R3 1918
Latest technical analysis
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 7176
S2 7111
S3 7070
R1 7287
R2 7369
R3 7437
Latest technical analysis
Low
High

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

Data provided by
S1 16.1
S2 25.89
S3 24.94
R1 27.68
R2 28.27
R3 28.74
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 1.2061
S2 1.2048
S3 1.1919
R1 1.2247
R2 1.2286
R3 1.2358
Latest technical analysis
Low
High

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

Data provided by
S1 9000
S2 8910
S3 8825
R1 9090
R2 9187
R3 9287
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 108.62
S2 108.32
S3 107.76
R1 109.26
R2 109.63
R3 109.92
Latest technical analysis
Low
High

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

Data provided by
S1 89.93
S2 89.53
S3 89.07
R1 90.82
R2 91.3
R3 91.74
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.