05.03.2015 - The New Zealand dollar price can change the trend

The price of the New Zealand dollar has broken through the lower boundary of the rising channel and may soon reach the level of 0.7500. Fixing the price below this level will become a confirmation of a sell signal with the objectives at 0.7440, 0.7340 and 0.7200. In this case, we recommend setting the stop above 0.7620. At the moment, there is a possibility of an upward rebound of the price to the level of 0.7600. We recommend to wait for a signal to open positions.

January 26, 2015 of NZD-USD Performance

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.