BeiShi
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I think you have mixed up me and Baibars))
FIBO Group news and announcements
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fibogroup.com
FIBO Group representative
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BRL during the Summer Olympics 2016
The FIBO Group, Ltd financial experts were keeping a wary eye not only on the sports achievements of the Olympics in Rio, but also on the national currency of the Olympics venue – the Brazilian real.
The 2016 Summer Olympics were held from 5 August to 21 August. During that time the Brazilian real (BRL) strengthened significantly against the US dollar. However, the sellers managed to take the considerable part of the previously lost positions back by the end of the tournament. Moreover, it is important to take into account that traders trade not only facts but expectations as well. As practice shows, the activity on the financial markets may increase significantly by trading on expectations. And there was no exclusion in this case – the Brazilian real had started to strengthen actively even prior to the Summer Olympics opening ceremony in Rio de Janeiro.
That was a pretty much expected market reaction as the abnormal influx of tourists such as athletes, their supporters, as well as the overall investment fund would, obviously, help to support the national currency.
Therefore, at the beginning of July the exchange rate for the currency pair USD/BRL reached the maximum level of 3.6260. Although, by the middle of the Olympics, August 10-11, the currency pair rate reached its minimum at 3.1160. Thus, it can be noted that the strengthening of the Brazilian currency was slightly more than 14% in the first 8 weeks of the summer. However, by now the buyers of the USD/BRL currency pair have managed to recover a part of the earlier lost positions, as the prices reached 3.2460/80, which is the maximum level before the opening of the Olympics.
Moreover, the traders should consider the fact that weakening of the currency pair prices was caused not only by the strengthening of the Brazilian currency, but also weakening of the US dollar. Therefore, the end of the Summer Olympic Games would become a negative factor for the Brazilian currency, as the outflow of tourists would reduce the demand for BRL, thereby providing the additional support for the currency pair prices. At the same time, the potential of the US dollar strengthening in the medium term would contribute to the strengthening of the currency pair.
The return of the prices to the level of 3.2200/150 cancels the “bull” trend and we may anticipate further weakening of the currency pair prices.
The most recent analytical reports can be found on our website:
http://www.fibogroup.com/analytics-and-training/
The FIBO Group, Ltd financial experts were keeping a wary eye not only on the sports achievements of the Olympics in Rio, but also on the national currency of the Olympics venue – the Brazilian real.
The 2016 Summer Olympics were held from 5 August to 21 August. During that time the Brazilian real (BRL) strengthened significantly against the US dollar. However, the sellers managed to take the considerable part of the previously lost positions back by the end of the tournament. Moreover, it is important to take into account that traders trade not only facts but expectations as well. As practice shows, the activity on the financial markets may increase significantly by trading on expectations. And there was no exclusion in this case – the Brazilian real had started to strengthen actively even prior to the Summer Olympics opening ceremony in Rio de Janeiro.
That was a pretty much expected market reaction as the abnormal influx of tourists such as athletes, their supporters, as well as the overall investment fund would, obviously, help to support the national currency.
Therefore, at the beginning of July the exchange rate for the currency pair USD/BRL reached the maximum level of 3.6260. Although, by the middle of the Olympics, August 10-11, the currency pair rate reached its minimum at 3.1160. Thus, it can be noted that the strengthening of the Brazilian currency was slightly more than 14% in the first 8 weeks of the summer. However, by now the buyers of the USD/BRL currency pair have managed to recover a part of the earlier lost positions, as the prices reached 3.2460/80, which is the maximum level before the opening of the Olympics.
Moreover, the traders should consider the fact that weakening of the currency pair prices was caused not only by the strengthening of the Brazilian currency, but also weakening of the US dollar. Therefore, the end of the Summer Olympic Games would become a negative factor for the Brazilian currency, as the outflow of tourists would reduce the demand for BRL, thereby providing the additional support for the currency pair prices. At the same time, the potential of the US dollar strengthening in the medium term would contribute to the strengthening of the currency pair.
The return of the prices to the level of 3.2200/150 cancels the “bull” trend and we may anticipate further weakening of the currency pair prices.
The most recent analytical reports can be found on our website:
http://www.fibogroup.com/analytics-and-training/
BaibarsB
FiboGroup Multi
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hi, Jeremy) Yes, you are right, a trade with this broker but I haven't invested in PAMM, so I cannot say you anything about it... I just saw their filter, where you can choose a manager. There are some managers, that seem to be good
JeremySultan1
FiboGroup Multi
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oh, sorry) yeah, I wanted to quote Baibars's post)
fibogroup.com
FIBO Group representative
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Electoral utopia will affect the US dollar exchange rate
The lull in the financial world seems to be alarming. For about half a month, the quotations of the major indexes have not changed significantly. The charts that demonstrate a thready pulse would generate a lot of speculations and create the most unexpected forecasts. The main locomotive of the World economy is America and, particularly, its monetary system. During the election campaign in the United States there is a semblance of stability in the financial sector - all macroeconomic statistics begins to demonstrate only positive dynamics. Based on this, the general public /society have confidence to the candidates there.
However, in contrast to this, the idyllic picture may not come true this week. The reason is in the anticipated news on the labor market in America. This indicator is the first one in a series of important financial publications of September. With the positive news the likelihood for increase of the key rate in the US can be increased, and if that happens, starting from 2 September the calm and peaceful atmosphere in the world of finance will be gone, and we may expect some serious dynamics in all types of markets.
Read the latest analytics on our website: [/B][URL]http://www.fibogroup.com/analytics-and-training/[/URL][B][URL]http://www.fibogroup.com/analytics-and-training/ [/URL]
The lull in the financial world seems to be alarming. For about half a month, the quotations of the major indexes have not changed significantly. The charts that demonstrate a thready pulse would generate a lot of speculations and create the most unexpected forecasts. The main locomotive of the World economy is America and, particularly, its monetary system. During the election campaign in the United States there is a semblance of stability in the financial sector - all macroeconomic statistics begins to demonstrate only positive dynamics. Based on this, the general public /society have confidence to the candidates there.
However, in contrast to this, the idyllic picture may not come true this week. The reason is in the anticipated news on the labor market in America. This indicator is the first one in a series of important financial publications of September. With the positive news the likelihood for increase of the key rate in the US can be increased, and if that happens, starting from 2 September the calm and peaceful atmosphere in the world of finance will be gone, and we may expect some serious dynamics in all types of markets.
Read the latest analytics on our website: [/B][URL]http://www.fibogroup.com/analytics-and-training/[/URL][B][URL]http://www.fibogroup.com/analytics-and-training/ [/URL]
BeiShi
Recruit
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don't worry)). You asked Baibars about PAMM and I also interested in this question. so I will follow the posts here.
JeremySultan1
FiboGroup Multi
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I put 200$ on PAMM account last week and earned 50$. As for me it's good result)
BeiShi
Recruit
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wow) I want to try it! because I need so many time to learn trading.... I want to get smth
Davidrick
FiboGroup Multi
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It looks like the calm before the storm...)Electoral utopia will affect the US dollar exchange rate
The lull in the financial world seems to be alarming. For about half a month, the quotations of the major indexes have not changed significantly. The charts that demonstrate a thready pulse would generate a lot of speculations and create the most unexpected forecasts. The main locomotive of the World economy is America and, particularly, its monetary system. During the election campaign in the United States there is a semblance of stability in the financial sector - all macroeconomic statistics begins to demonstrate only positive dynamics. Based on this, the general public /society have confidence to the candidates there.
However, in contrast to this, the idyllic picture may not come true this week. The reason is in the anticipated news on the labor market in America. This indicator is the first one in a series of important financial publications of September. With the positive news the likelihood for increase of the key rate in the US can be increased, and if that happens, starting from 2 September the calm and peaceful atmosphere in the world of finance will be gone, and we may expect some serious dynamics in all types of markets.
Read the latest analytics on our website: http://www.fibogroup.com/analytics-and-training/
fibogroup.com
FIBO Group representative
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- 683
Presentation of the new iPhone 7 and its impact on the market.
Last week Apple has pleased users with presentation of the new flagship smartphone, iPhone 7. Immediately after the presentation started sales of the company's shares, causing on Thursday, 8th September 2016 it’s price dropping for more than 2 percent. Everyone who wanted to gain this event had it clear that at the time of the presentation there won’t be any sharp rise, and got rid of the shares.
Following the drop of shares of one of the most popular IT companies the US index S&P500 has been reducing as well. The Apple's impact on the US indexes is very high. Such technical picture may cause further reduction of the index that may push speculators to consider further the declining strategy for the current market.
The beginning of the new week has confirmed the trend: index S&P500 is falling and the dollar gets stronger. This information can be used to trade along the analysts of the company FIBO Group, Ltd.
We suggest to pay attention to all the currency pairs, where the US dollar is involved. In addition to the currency market instruments we can also offer to our clients the opportunity to trade CFD, looking for the ticket US500.DEC6.
http://www.fibogroup.com/
Last week Apple has pleased users with presentation of the new flagship smartphone, iPhone 7. Immediately after the presentation started sales of the company's shares, causing on Thursday, 8th September 2016 it’s price dropping for more than 2 percent. Everyone who wanted to gain this event had it clear that at the time of the presentation there won’t be any sharp rise, and got rid of the shares.
Following the drop of shares of one of the most popular IT companies the US index S&P500 has been reducing as well. The Apple's impact on the US indexes is very high. Such technical picture may cause further reduction of the index that may push speculators to consider further the declining strategy for the current market.
The beginning of the new week has confirmed the trend: index S&P500 is falling and the dollar gets stronger. This information can be used to trade along the analysts of the company FIBO Group, Ltd.
We suggest to pay attention to all the currency pairs, where the US dollar is involved. In addition to the currency market instruments we can also offer to our clients the opportunity to trade CFD, looking for the ticket US500.DEC6.
http://www.fibogroup.com/
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