29.07.2016 - The euro continued to rise after the correction

Price of euro continued to rise after a correction. In case of saving positive dynamics the closest targets will be 1.1150 and 1.1200. Overcoming these levels is unlikely in the near future. With the resumption of negative dynamic the first targets will be 1.1050 and 1.0985. We maintain our medium-term objectives with a negative outlook at 1.0850 and 1.0700, but do not exclude the continuation of the current growth in the near future.

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.