FXOptimax Market Analysis

13th November 2018 Market Outlook

Euro Dollar – EUR/USD continue to decline lower and making new lows. Given that the overall trend is still bearish, traders may consider shorting this market if price pullback into its 1.1350–1.1320 resistance area. Ideally we would prefer to see some price rejections or any other form of confirmation before shorting this market for a safer […]


9th November 2018 Market Outlook

Kiwi Dollar – NZD/USD pullback into its 0.6800 resistance level yesterday and rejected it as we expected in our 25th September 2018 Market Outlook. Traders who went short at the rejection of 0.6800 resistance level may consider continue holding onto the short position as the long term trend is still bearish at the moment.   Japanese […]


7th November 2018 Market Outlook

Japanese Yen – USD/JPY rally higher after price rejected its 111.73 support level as we expected in our 30th October 2018 Market Outlook. Given that the trend is still bullish, 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 around […]


1st November 2018 Market Outlook

Pound Kiwi – GBP/NZD pullback into its 1.9660–1.9620 resistance area yesterday. Given that the trend is bearish at the moment, traders may consider shorting this market to jump on the bearish trend. Ideally we would prefer to see some price rejections or any other form of confirmations before shorting this market to avoid false signals.   […]


31st October 2018 Market Outlook

Gold – Gold decline lower after price rejected its 1240.00 resistance level as we expected in our 29th October 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 into its 1212.00–1205.50 support area […]


30th October 2018 Market Outlook

Aussie Kiwi – AUD/NZD started to decline lower after price rejected its 1.0860 resistance level as we expected in our 26th October 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 with its decline in the coming days. […]


29th October 2018 Market Outlook

Euro Yen – EUR/JPY continue to decline lower after price rejected its 128.40 resistance level as we expected in our 25th October 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 with its decline in the coming […]


26th October 2018 Market Outlook

Euro Yen – EUR/JPY decline lower after price rejected its 128.40 resistance level as we expected in our 25th October 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 with its decline in the coming days. There’s […]


25th October 2018 Market Outlook

Euro Loonie – EUR/CAD decline into its 1.4770 support level after price rejected its 1.5110 resistance level as we expected in our 24th October 2018 Market Outlook. Traders who went short as we recommended may consider taking profits around the 1.4470 support level or at least scale out the position to lock in profits while leaving the […]


24th October 2018 Market Outlook

Euro Pound – EUR/GBP pullback into its 0.8870–0.8860 resistance area as we expected in our 15th October 2018 Market. Given that the momentum is bearish, traders may consider shorting this market to jump on the potential bearish swing. Ideally we would prefer to see some price rejections or any other form of confirmations before shorting this market […]



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