Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

BioLargo hlásí rekordní tržby za 2. čtvrtletí, chce vstoupit na burzu NASDAQ

Společnost BioLargo, Inc (BLGO), která se specializuje na udržitelná řešení v oblasti ovzduší, vody a energie, oznámila za druhé čtvrtletí rekordní tržby ve výši 5 milionů dolarů, které přispěly k celkové částce 9,8 milionu dolarů za první pololetí.

Navzdory čisté ztrátě způsobené nepeněžními náklady společnost vykázala kladný peněžní tok z provozní činnosti a blíží se k hranici rentability peněžních toků. Se solidní rozvahou, která zahrnuje 4,8 milionu dolarů v hotovosti a 4 miliony dolarů v pracovním kapitálu, zvažuje společnost BioLargo vstup na národní burzu, jako je NASDAQ.

Dceřiné společnosti společnosti, včetně společností Pooph a Clyra, dosahují dobrých výsledků, přičemž společnost Pooph expanduje do velkých maloobchodních řetězců a společnost Clyra získala povolení FDA pro své zdravotnické zařízení. Společnost BioLargo rovněž zdůraznila své jedinečné postavení v odvětví PFAS, přičemž její technologie již získala komerční zakázky ve Stockholmu a New Jersey.

Forecast for AUD/USD on July 7, 2022
21:56 2022-07-06 UTC--5
Exchange Rates analysis

Yesterday, the Australian dollar fell by 20 points following the general strengthening of the US currency by 0.54%. This morning, the aussie covered yesterday's fall with growth. The 0.6755 target is likely technically strong (November 2019 low) as the price turns around as it approaches it for the third consecutive day.

But we are waiting for the price to break down, as raw materials have become much cheaper in recent days, and the US employment data will be released tomorrow, the forecast for which is optimistic (Nonfarm for June 240-268,000). The nearest target of the aussie is 0.6686, the high of March 2020.

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On a four-hour scale, the price is trying to attack the MACD indicator line, and it is helped by a bullish convergence with the Marlin Oscillator. But structurally, the convergence is not strong, since the price lows are almost at the same level, so we do not expect the price to exit with a consolidation above the target level of 0.6830. The output of the signal line in the positive area may be false.

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.