FXOptimax Market Analysis

24th July 2017 Market Outlook

Pound Kiwi – GBP/NZD decline lower after price rejected its 1.7940 resistance level as we expected in our 20th July 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. Traders may […]


21st July 2017 Market Outlook

Euro Dollar – EUR/USD shot up higher into its 1.1615 resistance level after price breakout above its 1.1415 resistance level as we expected in our 3rd July 2017 Market Outlook. Traders who went long at the breakout of 1.1415 resistance level and those who bought at the rejection of 1.1125 support level as we recommended in […]


20th July 2017 Market Outlook

Pound Dollar – GBP/USD pullback into its 1.3025 support level early this week which traders may lookout for potential shorting opportunity as the short term trend is still bullish at the moment. Ideally we would prefer to see some price rejections or any other confirmation before buying into this market to avoid false signals.   Euro […]


19th July 2017 Market Outlook

Euro Dollar – EUR/USD shot up higher after price breakout above its 1.1415 resistance level as we expected in our 3rd July 2017 Market Outlook. Traders who went long at the breakout of 1.1415 resistance level and those who bought at the rejection of 1.1125 support level as we recommended in our 22nd June 2017 Market […]


18th July 2017 Market Outlook

Silver – Silver pullback into its 16.28–16.10 resistance area yesterday which traders may hunt for potential short setups as the long term trend is still bearish at the moment. Ideally we would prefer to see some price rejections or any other form of confirmation before shorting this market to avoid false signals. Traders may also […]


17th July 2017 Market Outlook

Loonie Dollar – USD/CAD continue to decline lower as we expected in our 13th July 2017 Market Outlook. Traders who went short at the breakout of its 1.3010–1.2970 support area as we recommended in our 5th July 2017 Market Outlook may consider continue holding onto the short position with a trailing stop behind as price […]


14th July 2017 Market Outlook

Loonie Swiss Franc – CAD/CHF breakout above its 0.7565–0.7540 resistance area yesterday which could potentially lead price higher into its 0.7740 resistance level in the coming weeks. Given that the trend is still bullish, traders may consider buying into this market to ride on the bullish trend. Traders may also wait for price to pullback […]


13th July 2017 Market Outlook

Loonie Dollar – USD/CAD decline lower after price breakout below its 1.3010–1.2970 support area as we expected in our 5th July 2017 Market Outlook. Traders who went short as we recommended may consider scale out the position to lock in profits and leave the rest position to run further with a trailing stop behind. The […]


12th July 2017 Market Outlook

Euro Pound – EUR/GBP breakout above its 0.8860 resistance level yesterday as we expected in our 11th July 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 in the coming days.   Aussie […]


11th July 2017 Market Outlook

Loonie Swiss Franc – CAD/CHF shot up significantly higher after price pullback into its 0.7380 support level and rejected it as we expected in our 7th July 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 […]



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