• Upward Trend: The value of the price is increasing.
  • Downward trend: The value of the price is decreasing.
  • Sideways trend: The horizontal price movement that occurs when the forces of buyers and sellers are nearly equal.

What is a trend in forex trading markets?
  • A breakout refers to when the price of an asset moves above a resistance area or moves below a support area. Breakouts indicate the potential for the price to start trending in the breakout direction.
  • For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher. A breakout from the downside indicates the price will start trending toward low resistance.
  • Support occurs when falling prices stop, change direction, and begin to rise.
  • Support is often viewed as a “floor” which is supporting or holding up prices.

Resistance:

  • Resistance is a price level where rising prices stop, change direction, and begin to fall.
  • Resistance is often viewed as a “ceiling” keeping prices from rising.