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Resistance

When investors and traders use the term resistance When investors and traders use the term resistance When investors and traders use the term resistance When investors and traders use the term resistance, or resistance level, they are often speaking abo... More , or resistance level, they are often speaking abo... More , or resistance level, they are often speaking abo... More , or resistance level, they are often speaking about a perceived price ratio in which the value of an asset Can be stocks, commodities, indexes or Forex currency pairs. More appears to be having difficulty in breaking through the price ‘obstacle’ in order to go higher. The term resistance is often used by technical The use of the term technical The use of the term technical The use of the term technical in trading usually refers to a variety of methods in which a trader or... More in trading usually refers to a variety of methods in which a trader or... More in trading usually refers to a variety of methods in which a trader or... More traders as a price value that they believe an asset Can be stocks, commodities, indexes or Forex currency pairs. More will have a tough time rising above a certain cash level. It can be interpreted as a place on a technical chart in which a reversal may be expected to take place. It can also be a measurement that an investor refers to when an asset has risen through what was perceived to be a targeted value. The opposite of the term resistance in trading is called support When investors and traders use the term support When investors and traders use the term support When investors and traders use the term support, or support level, they are often speaking about a p... More , or support level, they are often speaking about a p... More , or support level, they are often speaking about a p... More .