World

AUDJPY = Sell AUDUSD = Sell EURAUD = Buy AUDCAD = Sell AUDCHF = Sell GBPAUD = Buy AUDNZD = Sell NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

Company Unlocks significant value with removal of €5.1m of debt DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Cote d’Ivoire, has improved the Project’s economics following an agreement with its joint venture partner, Biopalm Energy, which reduces the Company’s debt position by €5.1m. An offset agreement has […]

Implement Finance and Leasing Platform NetSol Technologies, Inc. (Nasdaq:NTWK), a global business services and enterprise application solutions provider, today announced that an established UK-based bank has selected NetSol’s LeaseSoft as its new platform to support the growth of its asset finance and leasing business, while helping to consolidate IT systems. The project and continuing...

A Canadian Domiciled Entity QLT Inc. (NASDAQ:QLTI) (TSX:QLT) announced today that it has agreed to revised terms regarding its previously announced agreement to provide equity financing in the amount of US$45million in connection with the pending merger transaction between POZEN Inc. (Nasdaq:POZN)and Tribute Pharmaceuticals Canada Inc. (TSX VENTURE:TRX) (OTCQX:TBUFF). The revised terms were...

Anticipates 35% to 40% Annual Production Growth With Projected Year-End 2016 Debt to EBITDA of Approximately 1.4x PDC Energy (NASDAQ:PDCE) today reported its 2016 capital budget and production forecast. 2016 Highlights – Targeted cash flow neutrality with planned capital budget of $450 to $500 million. – Anticipated annual production of 20.0 to 22.0 MMBoe, 35% […]

What are the details? The Spectranetics Corporation (NASDAQ:SPNC) announced today that it has completed the refinancing of its outstanding debt and closed on a new $110 million senior secured credit facility led by Midcap Financial and Silicon Valley Bank. The new facility consists of a $60 million term loan and a $50 million revolving line […]

There is a good chance that one day the Chinese economy will become the world’s largest. However, for the past 12 months investors have been bombarded with fearful news that Asia’s Power House is slowing down. Moreover, the hearts of investors have been bruised by the Chinese stock market unusual volatility, the lack of protection […]

Last week, the EUR/JPY rose from the demand zone at 130.00, testing the supply zone at 134.50. This was a movement of 450 pips, which was an exponential movement brought about by the great stamina in the EUR. The price is currently consolidating, but we might witness further bullish breakout in the market, since the […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish There was a sudden and fast bullish breakout on EURUSD, which made it go upwards 450 pips, testing the resistance line at 1.0950. The price consolidated after that, till price closed last week. The bullish breakout has abruptly overturned the recent bearish trend in […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 18 “The trading game is not won in the strategy one selects. The trading game is won in the mind.” – DbPhoenix (Source: Trade2win.com) Name: Michael Steinhardt Date of birth: December 7, 1940 Nationality: American Occupation: Funds Manager and philanthropy Career Michael was born to an […]