FXOptimax Market Analysis

19th September 2018 Market Outlook

Euro Aussie – EUR/AUD formed a double top which could potentially cause price to decline lower in the coming days. Since the overall trend is still bullish, conservative traders may want to wait for price to pullback into support level before buying into this market while aggressive traders may consider shorting this market especially if price […]


17th September 2018 Market Outlook

NZD/CAD – NZD/CAD continue to decline lower after price rejected its 0.8720–0.8680 resistance area as we expected in our 20th August 2018 Market Outlook. Traders who went short as we recommended may consider continue holding onto the short position with a trailing stop behind to lock in profits. Price is likely going to continue its bearish trend […]


12th September 2018 Market Outlook

Loonie Dollar – USD/CAD decline lower after price performed a false breakout at its 1.3170 resistance level as we expected in our 7th September 2018 Market Outlook. Traders who went short as we recommended may consider taking profits or scale out the position while leaving the rest of the position to run further with a trailing stop […]


11th September 2018 Market Outlook

Aussie Yen – AUD/JPY is making its way back into its 79.80 resistance level. Given that the trend is still bearish, traders may consider shorting this market if price indeed pullback into its 79.80 resistance level. Ideally we would prefer to see some price rejections or any other form of confirmations before shorting this market to […]


7th September 2018 Market Outlook

Loonie Dollar – USD/CAD performed a false breakout at its 1.3170 resistance level which could potentially lead price back into its 1.3090 support level in the near term. Given that the market is moving sideway, traders may consider shorting this market and have the first target set near around 1.3090 support level to ride on the […]


6th September 2018 Market Outlook

Silver – Silver continue to decline lower after price pullback into its 15.78–15.67 resistance area and rejected it as we expected in our 26th July 2018 Market Outlook. Traders who went short as we recommended may consider continue holding onto the short position with a trailing stop behind as price is likely going to continue its decline […]


4th September 2018 Market Outlook

Euro Aussie – EUR/AUD rally higher into its 1.6140 resistance level after price rejected its 1.5850 support level as we expected in our 27th August 2018 Market Outlook. Traders who went long as we recommended may consider taking profits at this current price level or scale out the position while leaving the rest to run further with […]


3rd September 2018 Market Outlook

Pound Dollar – GBP/USD decline lower after price pullback into its 1.3086–1.3040 resistance area and rejected it as we expected in our 31st August 2018 Makret Outlook. Traders who went short as we recommended may consider continue holding onto the short position with a trailing stop behind as price is likely going to continue its decline […]


31st August 2018 Market Outlook

Aussie Loonie – AUD/CAD continue to decline lower after price pullback into its 0.9580 resistance level and rejected it as we expected in our 21st August 2018 Market Outlook. Traders who went short as we recommended may consider scale out the position at current price level to lock in profits while leaving the rest to run further […]


28th August 2018 Market Outlook

Euro Aussie – EUR/AUD rally higher after price rejected its 1.5850 support level as we expected in our 27th August 2018 Market Outlook. Traders who went long as we recommended may consider continue holding onto the long position with a trailing stop behind and have the first target set near around 1.5940 to lock in profits […]



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