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EUR/USD 1.15891 ▲ +0.16%
GBP/USD 1.35606 ▲ +0.20%
USD/JPY 159.354 ▲ +0.03%
XAU/USD 4423.08 ▲ +1.06%
USD/CHF 0.80995 ▼ 0.41%
AUD/USD 0.71131 ▲ +0.40%
USD/CAD 1.38679 ▼ 0.05%
EUR/GBP 0.85462 ▼ 0.03%
ESC

Analysis

What is Support?

A price level where buying pressure historically prevents the price from falling further.

Definition of Support

A price level where buying pressure historically prevents the price from falling further. Support levels are identified on charts as areas where price has bounced upward multiple times.

At a glance

Term
Support
URL slug
support
Category
Analysis
Short answer
A price level where buying pressure historically prevents the price from falling further.
Deep dives
Full A–Z glossary

Example

Apply the definition: restate “Support” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.

Common mistake

Common mistake: using “Support” as loose slang while your broker/platform specification defines it more narrowly.

Professional tip

Tip: bookmark this “Support” page and reopen it when reading broker specs so definitions stay consistent.

FAQ

A price level where buying pressure historically prevents the price from falling further.

Knowing the precise definition of “Support” prevents platform and broker-spec mistakes—a common source of size and cost errors.

Common mistake: using “Support” as loose slang while your broker/platform specification defines it more narrowly.