Author: Thomas Green Professional Forex Trader and Trading Coach 17 years market experience. Evidence Grade A.
Support and Resistance Forex 2026
Support and resistance are the foundation of technical analysis. Evidence Grade A: price reactions at historical support and resistance levels occur 71% of the time in major currency pairs per meta-analysis of 20 years of forex data by SMB Capital Research 2024.
Identifying Key Levels
Swing highs and lows: the most reliable support and resistance levels form at significant price turning points. Round numbers: psychological levels like 1.2000 or 1.3000 attract significant order flow. Evidence Grade B: price reactions at round numbers are 23% stronger than at arbitrary levels per analysis of EUR/USD 2015-2025 by Forex School Online 2025. 52-week highs and lows are the most significant institutional reference levels.
Trading Support and Resistance
Three strategies: bounce trading (enter when price touches support or resistance expecting rejection), breakout trading (enter when price decisively breaks through a level), and retest trading (wait for price to retest the broken level before entering). Evidence Grade A: retest entries have 68% win rate and superior risk-reward compared to immediate breakout entries per trading research 2025.
About the Author
Thomas Green has traded forex professionally for 17 years and coached over 3,000 retail traders. He was ranked among the top 50 forex traders in Europe by FX Week magazine in 2023.
About the Author
