The world’s most widely-followed currency pair is reacting well to one of the most widely-followed technical principles: Polarity. For the uninitiated, the polarity principle refers to the tendency for former support levels, or floors under price, to turn into future resistance levels, or ceilings on price, once they’re broken (and vice versa). From a psychological […]
The post EUR/USD: Polarity Principle Points to Plunging Prices appeared first on Action Forex.
U.S. equity futures extended declines in early Friday trading, following on from the worst session for the S&P 500 in nearly five years, as the fallout from President Donald Trump’s sweeping global tariff plan stokes Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. For as long as we can remember, pastels have been a Read more…
USD/JPY is at a six-month low near 145.57 on Friday after posting a 2% gain in the previous session. Key factors driving the USD/JPY movement US President Donald Trump’s sweeping duties have fuelled demand for Read more…