What is Swing trading? Swing trading is a speculative trading strategy where a tradable asset is held for one or more days in an effort to profit from price changes or 'swings’. It has been described as a kind of fundamental trading in which positions are held for longer than a single day but shorter [...]
Bitcoin is trading low during the black Friday trading session. Some recent news underpin the bearish sentiment for the King Crypto. Hillary Clinton, former Democratic presidential candidate, talked about cryptocurrency Tuesday. She elaborated on her crypto statement last week and warned that the technology may be manipulated by countries like China and Russia to undermine [...]
Gold is trading higher against the greenback today. The yellow metal had a drop to the lowest level of $1778 the previous day since November 4. The uptrend of the yellow metal can be linked to the pullback in the US Treasury yields. Pullback of the US Treasury yields can be related to the release [...]
Kiwi remains under pressure on Wednesday and trades around 0.69098. The drop of kiwi can be related to the Reserve Bank of New Zealand (RBNZ) interest rate decision. Central bank of New Zealand fails to surprise markets by announcing a widely anticipated 25 basis points (bps) of a rate hike for the second time. RBNZ [...]
