FIBO Group - Forex Forecasts

FIBO Group
Gold looks to tax reforms

The gold price is slightly lower in today’s European trading session although it is still hovering around 1 month highs as fears grow that US President...

FIBO Group
Gold set to go higher

The gold price has moved significantly higher over the last 4 trading sessions on the back of US president Donald Trump’s trip to Asia as well as political turmoil for the president back home...

FIBO Group
Euro set to weaken further

The Euro is under further pressure today against its US counterpart after suffering heavy losses on Friday on the back of strong data from the US...

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FIBO Group
Gold awaits next Fed chair

The gold price is heading for a 2nd day of gains as the market awaits US president Donald Trump’s choice for the next candidate to run the US Federal...

FIBO Group
Further supply cuts key to oil price

Brent oil is now sitting comfortably above the $60, making its highest level in more than 2 years on the back of a deal between...

FIBO Group
Pound may tumble after rate decision

The British pound is trading higher again today against its US counterpart, following on from yesterday’s solid performance but some warn...


FIBO Group
Will the BOE hike rates?

The British pound is under pressure in today’s trading after some analysts and a Bank of England board member threw into question

FIBO Group
Double bottom may save gold

The gold price is under further pressure today as investors continue to pile into the US dollar on the back of proposed tax breaks by US president...

FIBO Group
Oil to remain flat

The oil price is set to remain stagnant over the next few years according to some analysts with the outside possibility that the price could tumble if Opec members fail to cooperate...

FIBO Group
Mini gold rally won't last

After hitting a low of $1,260 3 days ago, the gold price has rallied nearly $30 to be trading around $1,289 today and some are predicting...

FIBO Group
Gold may struggle to rebound

The gold price is under further pressure today as investors exit the safe haven commodity in favour of the US dollar after yesterday’s positive...

FIBO Group
Euro looks technically vulnerable

The Euro has come under pressure in recent days and now it seems its becoming technically vulnerable on the back of a head and shoulders...


FIBO Group
Pound looks to $1.3500

British pound continues to surge today against its US counterpart, following on from yesterday’s gains on the back of booming inflation...

FIBO Group
Gold may go much higher

Gold is powering ahead following on from gains of more than $20 yesterday after a missile test from North Korea greatly increased the chances...

FIBO Group
Pound may be at a bottom

British pound has drifted lower midway through the European session, brushing off better than expected retail sales figures but some predict...

FIBO Group
Possible conflict boosts gold

The gold price is on the rise today after comments by US president Donald `Trump about North Korea which increased the chances of a military conflict...

FIBO Group
Pound may be sold off

The British Pound is trading higher for a 6th straight session today as the market awaits the latest interest rate decision from the Bank of England followed by a monitory press conference....

FIBO Group
Gold looking good technically

The gold price has racked up its fourth straight day of gain in early European trading today after Yesterday’s speech by Fed president Janet Yellen...


FIBO Group
Pound ready to run

The physiological mood may be changing with the British pound as we can see on the chart as the retractions become smaller and the movements up become bigger...

FIBO Group
Australian dollar may reverse trend

The Australian dollar has taken a tumble in today’s trading session after a less than enthusiastic speech from the RBA had investors...

FIBO Group
Australian dollar may move higher

The Australian dollar has made a strong recovery in the last...


FIBO Group
Pound to tumble on election results

The British pound is under pressure again today against the Euro as more polls released before election day show the opposition...

FIBO Group
Huge chance for gold

The Elections in the UK next week could be shaping up as a real boom for the Gold price as the gap narrows between Prime minister Theresa May...

FIBO Group
Pound breaks through $1.30

The British pound broke through the $1.30 mark today, its highest level in 8 months and some...


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Euro set to strengthen

The Euro is trading slightly lower against its US counterpart in today’s trading after rallying for the past few days...

FIBO Group
Gold to remain supported

The gold price has levelled off today after rising for the pass 5 trading...

FIBO Group
Australian dollar fails to find direction

The Australian dollar remains steady today after a round...


Australian dollar may hit US65c

The Australian dollar’s run as one of the best performing currencies this year may be coming to an end on the back of weaker commodity prices and rate cut expectations over the past week. At 7.29pm (GMT) the Aussie dollar was trading at US75.59c...

Gold may benefit from Trump

The gold price is powering ahead today, racking up its third consecutive day of gains as traders position themselves for a speech tonight by US President Donald Trump...

Golds rally may falter

The gold price has racked up its 2nd straight day of gains today on the back of US dollar weakness and doubts over an interest rate hike next month from the US Federal Reserve...


  


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