FXOptimax Market Analysis

24th March 2017 Market Outlook

Japanese Yen – USD/JPY breakout below its support level which now turned into a resistance area where traders may hunt for shorting opportunity if price pullback into it. Traders who went short at the 115.35 resistance level as we recommended in our 13th March 2017 Market Outlook may consider continue holding onto the short position […]


23rd March 2017 Market Outlook

Kiwi Yen – NZD/JPY continue to decline lower after price breakout below its 79.30 support level as we expected in our 8th March 2017 Market Outlook. Traders who went short at the breakout of 79.30 support level and at the breakout of 80.75 support level as we recommended in our 27th February 2017 Market Outlook […]


22nd March 2017 Market Outlook

Japanese Yen – USD/JPY decline lower into its 111.70–111.30 support area after price rejected its 116.05–115.35 resistance area as we expected in our 13th March 2017 Market Outlook. Traders who went short as we recommended may consider taking profits at this 111.70–111.30 support area or scale out the position and trail the stops for the remaining […]


21st March 2017 Market Outlook

Aussie Dollar – AUD/USD shot up higher into its 0.7755–0.7730 key resistance area after price rejected its 0.7500 support level as we expected in our 13th March 2017 Market Outlook. Traders who went long as we recommended may consider taking profits at this 0.7755–0.7730 key resistance area or scale out the position while leaving the rest to […]


20th March 2017 Market Outlook

Pound Dollar – GBP/USD pullback into its 1.2420–1.2400 resistance area last Friday which traders may hunt for potential shorting opportunities. Ideally we would prefer to see some strong rejections or any other form of confirmations at this 1.2420–1.2400 resistance area before shorting to avoid false signals. There’s no immediate support level below which offer traders huge […]


17th March 2017 Market Outlook

Aussie Kiwi – AUD/NZD rally significantly higher after price breakout above its 1.0770–1.0740 resistance area as we expected in our 7th March 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 its rally into its […]


16th March 2017 Market Outlook

Aussie Dollar – AUD/USD shot up higher after price rejected its 0.7500 support level as we expected in our 13th March 2017 Market Outlook. Traders who went long as we recommended may consider continue holding onto the long position with a trailing stop behind and a target set around the 0.7755–0.7730 key resistance area.   Euro […]


15th March 2017 Market Outlook

Euro Yen – EUR/JPY rally higher after price rejected its 118.45 support level as we expected in our 28th February 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 into its […]


14th March 2017 Market Outlook

Euro Aussie – EUR/AUD pullback into its 1.4130 resistance level after price bounce away from 1.3720 support level as we expected in our 6th March 2017 Market Outlook. Price performed a rejection yesterday at the 1.4130 resistance level which could potentially lead price lower in the coming days. Given that the long term trend is […]


13th March 2017 Market Outlook

Aussie Dollar – AUD/USD pullback into its 0.7500 support level and rejected it on last Friday which could potentially lead price higher in the coming days. Traders may consider buying into this market to ride on the potential bullish swing. On the other hand, a breakout below its 0.7500 support level could lead to a huge […]



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