13.08.2014 - The price of euro could not continue an upward correction

The price of euro after yesterday's upward rebound again reached the level of 1.3350. In the case of penetration and consolidation below this mark, we recommend increasing the amount of short positions on the euro. The target levels in case of reduction will be 1.3200, 1.3160 and 1.3100. Correction is possible to 1,3440. Stop should be set above the level of 1.3450. We recommend holding short positions and maintain a medium-term negative outlook with the target of 1.28.

July 10, 2014 of EUR-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.