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Forex Glossary

Resistance level

Price ceiling at which technical analysts note persistent selling of an exchange rate. Technical analysts think it is significant when the exchange rate breaks through the resistance level because that means it usually will go on to new high prices.

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Network Activity

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    Peter jcp commented a blog post 15 minutes ago
    EUR/YEN short
    HI Talisman - EJ - this is one of my intraday charts for today Wednesday 19th. Price dropped over 100 pips from the top - and yes could drop another 1... read more
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    talisman commented a blog post 18 minutes ago
    EUR/YEN short
    thanx for the comments all @johnifx-you could as easily be right as i.  the main thing imo that is important to success is that given a certain set of... read more
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    Peter jcp commented a blog post 29 minutes ago
    Intraday Charts for Key Pairs - Monday 17th June 2013 - Onwards
    AU - updated chart as of now - we need 9520 and 9525 for the current morning up move to continue Supports around 9495 and 9480 areas.  read more
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    Romano commented a blog post 30 minutes ago
    EUR/YEN short
    Hello man. Nobody know what will happen, but I do think that u took a good shot for several reasons: Price seems still heavy, possible liquidity, tren... read more
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    Romano commented a blog post 46 minutes ago
    Intraday Charts for Key Pairs - Monday 17th June 2013 - Onwards
    First of all, Inspector - is that really u Sun? Hello man! And why change of profile? Anyway, as u made some strong statement here: "The issue here is... read more