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  • US 10yr Treasury Yields are consolidating right around the 1.60% level today, trading around their highs of the pandemic. $USD https://t.co/9FrulBqqsC
  • #Gold, #Silver, #Dollar, $AUDUSD, $USDCAD and #Bitcoin Technical Levels - Webinar Archive - https://t.co/dkI9RkpZ4w
  • Forex Update: As of 15:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: -0.08% 🇬🇧GBP: -0.18% 🇦🇺AUD: -0.19% 🇯🇵JPY: -0.41% 🇪🇺EUR: -0.42% 🇳🇿NZD: -0.42% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/768NGH3tot
  • #Gold just hit a fresh multi-month low as the precious metal dropped to trade around the $1,680 level. The metal broke through support alongside the rise in yields in February, falling from around $1,800 to its current lows. $XAU $GLD https://t.co/oJvQqE5gfR
  • Indices Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Germany 30: 3.35% France 40: 2.17% FTSE 100: 1.38% Wall Street: 1.31% US 500: 0.88% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/fLfJGdE5Hl
  • Hey traders! Get your Monday market update from @DailyFX Chief Strategist @JohnKicklighter 👇 https://t.co/QO6zl1auQk
  • Really great article - apposite on International Women's Day but also a great read on the other 364 days of the year. @DailyFX h/t Weld Royal and Izaac Brook https://www.dailyfx.com/forex/fundamental/article/special_report/2021/03/08/Three-Women-Leaders-Changing-Finance-Economics-and-Business.html
  • $USDCHF has risen to fresh seven month highs today as the pair continues to trade above the 0.9300 level, at its highest levels since July of 2020. $USD $CHF https://t.co/spI5eIP3NM
  • Germany 30 IG Client Sentiment: Our data shows traders are now at their least net-long Germany 30 since Jan 09 when Germany 30 traded near 14,102.20. A contrarian view of crowd sentiment points to Germany 30 strength. https://www.dailyfx.com/sentiment https://t.co/kBUVfEOnTp
  • Commodities Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Silver: 0.07% Gold: -0.74% Oil - US Crude: -1.36% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/wUkbYkPr1x

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 27, 2021
Symbol Trend
S1 S2 S3 R1 R2 R3
S1 7701
S2 7635
S3 7563
R1 7871
R2 7988
R3 8125
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
S1 8520
S2 8463
S3 8332
R1 8747
R2 8800
R3 8879
S1 127.07
S2 126.05
S3 124.02
R1 129.45
R2 131.4
R3 132.56
Latest technical analysis
Low
High

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

Data provided by
S1 1.2005
S2 1.1945
S3 1.1835
R1 1.2197
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
S1 145.68
S2 144.6
S3 141
R1 149.63
R2 151.76
R3 155.5
Latest technical analysis
Low
High

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

Data provided by
S1 1.3743
S2 1.3711
S3 1.3674
R1 1.4138
R2 1.4303
R3 1.4336
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 1703
S2 1689
S3 1648
R1 1767
R2 1784
R3 1849
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 7389
R2 7437
R3 7550
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 1.2619
S2 1.2579
S3 1.245
R1 1.2723
R2 1.2785
R3 1.288
Latest technical analysis
Low
High

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

Data provided by
S1 8980
S2 8919
S3 8890
R1 9090
R2 9187
R3 9322
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 106.08
S2 105.3
S3 104.75
R1 107.15
R2 108.08
R3 108.62
Latest technical analysis
Low
High

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

Data provided by
S1 89.93
S2 89.07
S3 88.18
R1 91.01
R2 91.91
R3 92.28

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.