FXOptimax Market Analysis

26th June 2017 Market Outlook

USD/PLN – USD/PLN decline lower after price rejected its 3.8150 resistance level as we expected in our 23rd June 2017 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 to decline lower as the long […]


23rd June 2017 Market Outlook

Euro Loonie – EUR/CAD decline lower after price rejected its 1.4900 resistance level as we expected in our 22nd June 2017 Market Outlook. Traders who went short as we recommended may consider scale out at the previous swing low while leaving the rest to run further with a trailing stop behind. If price is able to […]


22nd June 2017 Market Outlook

Euro Dollar – EUR/USD rejected its 1.1125 support level yesterday which could potentially push price higher in the coming days. Given that the trend is still bullish, traders may consider buying into this market to ride on the bullish trend and have the first target set near previous swing high at around 1.1280 price level to […]


21st June 2017 Market Outlook

Silver – Silver continue to decline lower after price rejected its 17.75 resistance level as we expected in our 8th June 2017 Market Outlook. Traders who went short at the 17.75 resistance level as we recommended may consider continue holding onto the short position with a trailing stop behind and have the first target set […]


20th June 2017 Market Outlook

Loonie Yen – CAD/JPY breakout above its 83.75–83.50 resistance area and continue to rally higher as we expected in our 19th June 2017 Market Outlook. Traders who went long as we recommended may consider continue holding onto the long position with a trailing stop behind as price is likely going to continue to rally higher […]


19th June 2017 Market Outlook

Euro Dollar – EUR/USD once again pullback into its 1.1125 support level which traders may hunt for potential buying opportunities. Given that the trend is still bullish, traders may consider buying into this market to ride on the bullish trend and have the first target set near previous swing high at around 1.1280 price level to […]


16th June 2017 Market Outlook

Silver – Silver continue decline lower after price rejected its 17.75 resistance level as we expected in our 8th June 2017 Market Outlook. Despite the spike in price we see in Wednesday, the bears are still in control of this market. Traders who went short at the 17.75 resistance level as we recommended may consider […]


15th June 2017 Market Outlook

Japanese Yen – USD/JPY decline lower after price pullback into its 110.90–110.65 resistance area and rejected it as we expected in our 9th June 2017 Market Outlook. Traders who went short as we recommended may consider scale out the position at its previous swing low at around 109.20 price level to lock in profits while […]


14th June 2017 Market Outlook

Pound Aussie – GBP/AUD rejected its 1.6720 support level yesterday which could potentially cause price to rally higher in the coming days. The recent momentum had been quite bearish therefore conservative may want to wait for price to pullback into its 1.7160 resistance level before shorting this market while aggressive traders may consider buying into this […]


13th June 2017 Market Outlook

Silver – Silver continue to decline lower after price rejected its 17.75 resistance level as we expected in our 8th June 2017 Market Outlook. Traders who went short at the 17.75 resistance level as we recommended may consider continue holding onto the short position with a trailing stop behind as price is likely going to […]



Contact Us