Rising Demand for Cybersecurity, Supporting Fortinet Q4 2022 Performance?
#Fortinet, Daily Fortinet, Inc., a technology company providing network security equipment and network security solutions for service providers and government entities worldwide, with a market capitalization of $42,453,103,809, is expected to report earnings on February 07, 2023, after the close of the market. The report is for the fiscal quarter ending December 2022. The market […]
Dollar near one-month high; strong payrolls, rising Chinese tensions help By Investing.com
© Reuters By Peter Nurse Investing.com – The U.S. dollar rose in early European trade Monday, boosted by raised tensions between China and the U.S., while Friday’s strong payrolls prompted traders to reassess the extent of the Federal Reserve’s likely interest rate tightening. At 03:25 ET (08:25 GMT), the , which tracks the greenback against […]
XAU/USD Bounces Back, Rising Above $1,900
Gold (XAU/USD) Talking Points: Gold prices find temporary support above $1,900 XAU/USD recovers from recent slump as bulls aim to drive price action back above $1,930 USD and yields continue to contribute to driving sentiment and price action for precious metals. Recommended by Tammy Da Costa Get Your Free Gold Forecast Gold prices are currently […]
FTSE 100 Shakes Off Recession Risks Rising Above 7700
FTSE 100 Talking Points: Recommended by Tammy Da Costa Get Your Free Equities Forecast FTSE 100 Rises to 2018 Levels Despite Rising Risks of a Global Recession FTSE 100 prices continue to track higher, defying the risks of a global recession. With the major UK equity index conquering prior technical hurdles that have remained in […]
China mainland and HK shares rising, yuan too
The reopening trade, and the propping up of property, continues to provide a tailwind for China. China stocks higher on the session: Onshore yuan got a circa 6950 point revaluations at the reference rate setting today: Weekend news from China: (Gold Gold Gold is the most widely traded and important commodity. Prized for its historical […]
Rising Wedge Breakdown Favors Downside
Brent Crude Oil Technical Analysis Brent crude oil breaks below the (bearish) rising wedge Upside momentum temporarily restricted at the 50 SMA IG client sentiment hints at a continued move lower as retail traders pile into longs The analysis in this article makes use of chart patterns and key support and resistance levels. For more […]