View Categories

What does Resistance (Resistance Level) mean?

Resistance levels are price levels where selling is thought to be strong enough to prevent prices from rising higher. Resistance occurs when the price reaches a ceiling because there are no more buyers willing to pay the higher price.
Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 88.30% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the full Risk Statement