FIBO Group - Forex Market Reviews

FIBO Group
Oil set to rebound

The Oil price has finally settled in today’s trading after a week of heavy losses on the back of profit taking and some say that the price may once again head higher. Following a solid month of gains...

FIBO Group
New sanctions won't hurt gold

The gold price is stable in early Asian trading today after falling heavily yesterday after a planned missile test from North Korea failed to eventuate...

FIBO Group
Gold down but not out

The gold price has bounced back in today’s trading after racking up losses on the back of a deal between the white house and Congress and some say yesterday was just a small...

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FIBO Group
Oil to remain capped at $50

The oil price is making another run for the $50 mark today over concerns about the damage that Hurricane Harvey has caused, but below it will struggle...

FIBO Group
Gold down on profit taking

Gold has pulled back in the last 3 days on the back of profit taking but by no means is the rally over with so much uncertainty around us at the moment...

FIBO Group
Gold finds strong support

US President Donald Trump’s rhetoric has once again underpinned the gold price after he threatened to shut down the government at a rally in Arizona...


FIBO Group
Gold price is stabilizing today

The gold price is stabilizing today after suffering its biggest loss in 6 weeks yesterday on the back of strong retail sales numbers from the US...

FIBO Group
Gold down on jobs report

The gold price remains under pressure today following on from last Friday’s losses after the release of solid employment numbers from the US...

FIBO Group
Gold technical review

As we noted in last Friday’s report the gold price would make a charge for the next resistance level of is $1,265 which it has comfortably broken over the last 2 trading session and has now...

FIBO Group
Gold price is facing headwinds

Overall gold has made some solid gains over the past 2 weeks on the back of US dollar weakness and although the precious metal has been under pressure...

FIBO Group
RBA wants Australian dollar lower

The Australian dollar continues to push towards the US80c mark in today trading session, brushing off remarks by the Reserve Bank of Australia...

FIBO Group
Gold awaits ECB

The gold price is under pressure today as the market awaits the latest interest rate decision from the European central bank followed by a monetary press conference.


FIBO Group
Pound has reached a peak

The British pound is under further pressure today after yesterday’s disappointing inflation figures which has now seemingly taken an interest rate hike...

FIBO Group
Gold technical review

The gold price is trading higher for a 3rd straight day in today’s trading session and has clearly broken through what was formerly a strong resistance level as we can see by the lower line....

FIBO Group
Time to buy gold

The gold price is heading down towards the $1,200 mark in today’s trading and some analysts are saying now is the time to get into the precious metal. The price has now fallen around $100 over...

FIBO Group
Pound to push higher

The British pound made another run for the $1.30 mark before pulling back to what is now turining in to a key support level. With the fundamental facotrs such as Brexit...

FIBO Group
Pound suffers on local data

The pound is down for a third consecutive day in a row in today’s trading as another round of disappointing data raised doubts over expectations...

FIBO Group
Oil poised for big rally

The oil price is taking a breather today after racking up seven consecutive days of gains and some believe the rally is poised to continue as we enter the 2nd half of the year...


FIBO Group
Pound hits critical resistance

The British pound has climbed significantly higher in the last three trading sessions, helped along by comments from Bank of England governor Mark Carney...

FIBO Group
Oil price set to reverse

The oil price has continued its winning streak today, racking up its 6th straight day of gains with some analysts failing to understand the reasons behind the rally. The jump in price over...

FIBO Group
Pound to trade sideways

The British pound jumped significantly higher in yesterdays trading session and is trying to continue that trend today on the back of a deal...


FIBO Group
Great opportunity in the pound

The British pound is under pressure today as a British Prime Minister Theresa may attempts to strike a deal with the DUP...

FIBO Group
Gold ready to rally again

The gold price is moving higher again today for the second day in a row as doubts linger on the Future of rate hikes...

FIBO Group
Pound slumps on interest rate talk

The pound slumped to its lowest level today post-election, following on from yesterday’s losses after comments...


FIBO Group
Euro has reached a top

The Euro has continued to tumble today, still reeling from yesterday’s bullish Fed speech and some believe that further losses are on the cards...

FIBO Group
Its a good day for gold

The gold price has surged higher in late European trading today, travelling in the opposite direction of the US dollar as a round...

FIBO Group
Gold could surge higher

The gold price is taking a breather today after making a run for the $1,300 level on the back of US dollar strength as traders...


FIBO Group
Opec cuts won't work

The oil price racked up its fourth straight day of gains today after Saudi Arabia and Russia said a deal to cut production...

FIBO Group
Pound awaits Fed decision

The British pound has come under pressure late in the European...

FIBO Group
Gold tanks on French election

The gold price has pulled back sharply today after yesterday's French election results which saw both...


  


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