FXOptimax Market Analysis

17th November 2017 Market Outlook

Japanese Yen – USD/JPY rejected its 113.20 resistance level yesterday which could potentially lead price lower in the coming days. Traders may consider shorting this market as there is no immediate support level below which offer traders good profit margin to trade the short side of the market.   Pound Loonie – GBP/CAD rejected its 1.6670 support […]


16th November 2017 Market Outlook

Euro Kiwi – EUR/NZD rally higher into its 1.7200 resistance level after price rejected its 1.6670 support level as we expected in our 13th November 2017 Market Outlook. Traders who went long as we recommended may consider scale out the position at this 1.7200 resistance level and leave the rest position to run further with a […]


15th November 2017 Market Outlook

Aussie Dollar – AUD/USD breakout below its consolidation earlier today which could potentially lead price lower in the coming days. Since the short term trend is bearish at the moment, traders may consider shorting this market to jump on the bearish trend. Traders may also wait for price to pullback into resistance level before shorting for […]


14th November 2017 Market Outlook

Aussie Kiwi – AUD/NZD rally higher after price pullback into its 1.1010 support level and rejected it as we expected in our 9th November 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 […]


13th November 2017 Market Outlook

Aussie Dollar – AUD/USD is currently consolidating below its 0.7740 resistance level. If price is able to breakout below its consolidation, we are then likely going to see further decline coming into this market in the coming days. There’s no immediate support level below therefore traders may consider shorting this market at the breakout of its […]


9th November 2017 Market Outlook

Pound Kiwi – GBP/NZD decline lower after price rejected its 1.9070 resistance level as we expected in our 8th November 2017 Market Outlook. Traders who went short as we recommended may consider continue holding onto the short position with a trailing stop behind and have the first target set near around 1.8690 support level to […]


8th November 2017 Market Outlook

Loonie Yen – CAD/JPY rejected its 89.60 resistance level yesterday which could potentially lead price lower in the coming days. The short term trend is bearish at the moment therefore traders may consider shorting this market to jump on the bearish trend and have the first target set near previous swing low at around 87.80 […]


7th November 2017 Market Outlook

Euro Dollar – EUR/USD continue to consolidates above its 1.1615 support level. If price is able to breakout below its 1.1615 support level, we are then likely going to see further decline coming into this market in the coming days. Traders who went short at the rejection of 1.1860–1.1830 resistance area as we recommended in our […]


6th November 2017 Market Outlook

Japanese Yen – USD/JPY rally higher into its 114.40 resistance level after price rejected its 113.15–113.05 support area as we expected in our 24th October 2017 Market Outlook. Traders who went long as we recommended may consider scale out the position at this 114.40 resistance level to lock in profits while leaving the rest to […]


3rd November 2017 Market Outlook

Loonie Yen – CAD/JPY pullback into its 89.20–89.00 resistance area yesterday which traders may consider shorting as the trend is bearish at the moment. Traders who are shorting this market may have the first target set near previous swing low at around 87.80 price level to lock in profits if price moves in our favor. […]



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