Global News

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 […]

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% […]

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 […]

Pace stock (LSE:PIC) is a nice strong market. The bullish movement has not just started. It started in September 2015 – only to become significant this week. Prior to September, the trend on Pace was bearish, but this ended in September. The price is now above the EMA 21 while the Williams’ % Range period […]

Baita Plai Polymetallic Mine – Completion of Merger Vast Resources plc, the AIM listed mining company, has announced that the merger agreement between Vast’s 80% owned Romanian subsidiary African Consolidated Resources srl and its subsidiary Mineral Mining SA has been confirmed by the Appeal Court of Cluj. The decision of the Appeal Court is stated […]

Rosneft and BP announce the completion of the transaction to sell a 20 per cent share of Taas-Yuryakh Neftegazodobycha LLC to the British company. The joint venture between Rosneft and BP based on Taas-Yuryakh Neftegazodobycha LLC will continue further development of the Srednebotuobinskoye oil and gas condensate field which is one of the largest fields […]

GBPAUD = Sell GBPUSD = Sell EURGBP = Buy GBPJPY = Sell GBPCHF = Sell GBPCAD = Sell GBPNZD = 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 […]

The EUR/JPY has shown determination to keep on moving downwards. The bias is bearish and this would continue as long as the EUR is weak. The price looks ready to break the demand zone at 130.00 to the downside. Only a very strong weakness in the JPY could reverse the trend. EUR/USD: The EUR/USD merely […]