What is Support? | FOREX.com

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added 1 year ago by

44 Views

Develop your trading skills: https://bit.ly/3LVaRJc

Welcome to our new video series on support and resistance. Let's begin with understanding 'support'. In simple terms, a support level is a price point where a market typically fails to move below. This is the moment when sellers seem to lose momentum, and buyers step in, pushing price higher.

This video is the first part of a 2-episode series where we take a closer look at what support and resistance is and how it can be used in trading.

Technical Analysis Playlist: https://bit.ly/4609a4X

Open your FOREX.com account: https://bit.ly/3LVYBIG
Try a FOREX.com demo: https://bit.ly/46FDdPR
Learn more about trading: https://bit.ly/3ZMkoZ5

Forex trading involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results.