Author: FX

In the world of forex trading, precision and strategy are the keys to success. Traders are always on the lookout for tools and indicators that can help them make informed decisions and minimize risks. One such indispensable tool is the Last High Low Stop Loss MT4 Indicator. In this article, we will delve into the intricacies of this indicator, exploring its features, benefits, and how traders can effectively use it to enhance their trading strategies. Understanding the Last High Low Stop Loss MT4 Indicator Before we dive into the details, let’s grasp the basic concept of the Last High Low…

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AUD/USD, GBP/AUD PRICE, CHARTS AND ANALYSIS:Most Read: Gold Price Forecast: Rejection at $2000 Level Leaves the Door Open for a Move Lower Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter AUSTRALIAN DOLLAR FUNDAMENTAL BACKDROPThe Reserve Bank of Australia (RBA) released the minutes of the most recent meeting where the Central Bank delivered another 25bps hike. The Aussie Dolla surprisingly faced a selloff following the hike which looking at the minutes is surprising to say the least. The minutes revealed that the hike was intended to lower…

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ismagilov Kraig Biocraft Laboratories (OTCQB:KBLB) has updated its filing with the SEC for a proposed $10M offering and uplisting to Nasdaq. Kraig said in its latest filing that it was looking to offer 1.9M units in the range of $4.25 to $6.25, with an assumed price of $5.25. Each unit would consist of one common share plus one warrant to buy one common share for the assumed price of $5.25. Underwriters would be granted a 45-day option to buy up to 286K additional shares and/or warrants. Maxim Group is serving as sole bookrunner. Kraig’s shares are currently traded OTC under…

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© Reuters. A group of Geneva citizens set up 222 empty chairs and strollers for children that symbolically represent hostages and missing people waiting to come home, following a deadly infiltration of Israel by Hamas gunmen from the Gaza Strip, on Place des Nations By Nathan Frandino JERUSALEM (Reuters) -Dozens of Israeli children held hostage by the Islamist movement Hamas in Gaza for more than six weeks face a difficult return when they return home under a prisoner swap agreement, doctors and child psychology specialists said. At least 50 hostages, most of them children, are expected to be returned under…

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Overnight reports of an emerging large outbreak of pneumonia in China:pediatric hospitals in Beijing, Liaoning are reportedly overwhelmed with sick childrenany schools have been suspendedan alert went out on the ProMed epidemic network – they warn of an unknown “walking pneumonia” without coughing, but high fever and pulmonary nodulestoo early to project whether this could be another pandemicBeijing and Liaoning are 800 km apart, so the outbreak is not only localized.-Let’s hope all the affected get well and this thing doesn’t get worse. The Program for Monitoring Emerging Diseases (ProMED) is a program of the International Society for Infectious Diseases…

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GOLD (XAU/USD) PRICE FORECAST:MOST READ: USD/CAD Remains Rangebound as Canadian CPI Falls More Than Expected. Where to Next?Gold prices continue to find acceptance above the $2000/oz a step to far. Yesterday saw an aggressive push above the resistance level only foe the Daily Candle to close back below the psychological level. Another attempt today was met with some strong bearish pressure as Gold surrendered its daily high to trade around $1993/oz at the time of writing.Supercharge your trading prowess with an in-depth analysis of gold’s outlook, offering insights from both fundamental and technical viewpoints. Claim your free Q4 trading guide…

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© Reuters. FILE PHOTO: Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. REUTERS/Blair Gable/File Photo/File Photo By Steve Scherer and David Ljunggren OTTAWA, Nov 22 (Reuters) – Bank of Canada Governor Tiff Macklem on Wednesday said interest rates might be at their peak, given that excess demand has vanished and weak growth is expected to persist for many months. The Bank of Canada (BoC) – seeking to control soaring inflation – hiked rates 10 times between March of last year and July 2023, pushing them up…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

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Feeling out of sorts from your recent losses? In keeping these two “truths” about forex trading in mind all the time, you’ll gain a psychological edge and cope with losses better. Here are truths about forex trading that you may have forgotten: 1. Expect the unexpected Face it. No matter how much effort you put in your analysis, you still won’t have a hundred percent accurate idea of where the market is headed. There’s always the chance that a surprise is waiting just around the corner, maybe in the form of a prominent CEO getting booted from the board or…

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