The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here

16.02.2016 - We are waiting for the signal to sell NZD/USD

The price of the New Zealand dollar showed a sharp decline within which could fall to the level of 0.6600 and an angled support line. In the case of breaking through and fixation of prices below this level, quotes will continue to fall to 0.6500, 0.6450 and 0.6250. At the moment, there is also the likelihood of rebound of prices, but the more likely scenario according to our forecasts is a continuation of the negative dynamics of prices in the near future. We maintain our medium-term negative outlook with the target at 0.6000 and recommend to wait for the confirmation signal to sell.

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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 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.
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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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