Additional resources

20.05.2015 - Technical view

Currencies trading and euro.  The price of EUR/USD broke
through the lower boundary of the rising channel, and dropped to the support
level at 1.1130.  Fixing the price below this level will become the confirmation
of the signal to sell.  In this case, the quotes will fall to the level of
1.0900 and 1.0700.  Growth is limited by the lower boundary of the rising
channel and the resistance level at 1.1400.  In case of renewed upward momentum,
quotes will reach the psychologically important level of 1.1500l, but more
likely is a continuation of the price fall.  Our medium-term outlook remains
negative. 

Nearest resistance levels: 1.1200, 1.1280, 1.1400, 1.1500,
1.1620

Nearest support levels: 1.1130, 1.1000, 1.0900, 1.0800,
1.0550

Currencies trading and British pound.  The price of GBP/USD
has fallen to the bottom of the rising channel and the important level of
1.5500.  At the moment, there is a great probability of the upward price rebound
of with growth potential to the local maximum at 1.5800.  In case of further
decline and fixing the price below 1.5500, we recommend to open short positions
with the potential drop to 1.5100 and 1.4700.  Our medium-term outlook is
negative, but we can see the growth in the near future. 

Currencies trading and Japanese yen.  The price of USD/JPY
reached the target level of 121.00 after has broken through the strong
resistance level at 120.20.  In case of correction, quotes will fall to the
level of 120.20.  According to our forecasts, the price growth will continue in
the near future to 121.50 and 122.00.  At the same time, there is a possibility
of correction in the near future.  Our medium-term outlook remains positive and
we recommend holding long positions. 

Currencies trading and Australian dollar.  The price of
AUD/USD has broken through the lower boundary of the rising channel and reached
the important support level at 0.7900.  Fixing the price below this mark will be
the basis for the continuation of fall of quotations with the objectives at
0.7800 and 0.7700.  Within the correction, the price may return to the level of
0.8000.  We expect a drop in prices in the medium term to 0.7550 and recommend
to open short positions. 

Currencies trading and New Zealand dollar.  The price of
NZD/USD has resumed the fall after correction to the level of 0.7430.  At the
moment the price is near a local minimum and in case of the continuation of the
downward movement will reach the target level of 0.7200.  We recommend keeping
short positions with a stop above 0.7550 and maintain a negative outlook on the
New Zealand dollar. 

PAMM accounts

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RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors.  The high degree of leverage can work against you as well as for you.  Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite.  The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose.  You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts.  Please carefully read our full ‘Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’

LEGAL: ‘fxfinpro.com’ is a domain owned and operated by ‘PFX Financial Professionals Limited’, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr.  HE 237840, having its principal place of business at 82 Nikou and Despina Pattichi Avenue, Maritania Court, Office 101, Kato Polemedia, 3070 Limassol, Cyprus. ‘ PFX Financial Professionals Limited’ is regulated as a Cyprus Investment Firm (‘CIF’) by the Cyprus Securities and Exchange Commission (‘CySEC’) under license number 193/13. ‘ PFX Financial Professionals Limited’ operates in accordance with the Markets in Financial Instruments Directive (‘MiFID’) of the European UnionRESTRICTED REGIONS: PFX Financial Professionals Limited does not provide services to citizens of the USA, Canada, Japan, Belgium, North Korea, or Iran

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors.  The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose.  You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts.  Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services".  FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr.  HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.