FXOptimax Market Analysis

16th October 2017 Market Outlook

Silver – Silver rally higher after price breakout above its 17.24 resistance level as we expected in our 13th October 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 […]


13th October 2017 Market Outlook

Euro Aussie – EUR/AUD is making its way back into its 1.5080 support level. Since the overall trend is still bullish, traders may consider buying into this market to ride on the bullish trend. Ideally we would prefer to see some price rejections or any other form of confirmation before buying into this market for […]


12th October 2017 Market Outlook

Norwegian Krone – USD/NOK started to decline lower after price rejected its 8.0000–7.9800 key resistance area as we expected in our 5th October 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 […]


11th October 2017 Market Outlook

Euro Dollar – EUR/USD pullback into its 1.1860–1.1830 resistance area yesterday which traders may consider shorting as the short term trend is bearish at the moment. Ideally we would prefer to see some price rejections or any other form of confirmations before shorting this market to avoid false signals.   Euro Kiwi – EUR/NZD rejected its […]


9th October 2017 Market Outlook

Euro Pound – EUR/GBP continue to rally higher after price rejected its 0.8760 support level as we expected in our 18th September 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 as there’s […]


6th October 2017 Market Outlook

Euro Pound – EUR/GBP rally higher after price rejected its 0.8760 support level as we expected in our 18th September 2017 Market Outlook. Traders who went long as we recommended may consider continue holding onto the long position as price could potentially continue to rally higher as there’s no immediate resistance level above.   Aussie Kiwi – AUD/NZD […]


5th October 2017 Market Outlook

Silver – Silver decline into its 16.55 support level. If price is able to breakout below its 16.55 support level, we are then likely going to see further decline into its 16.15 support level. Since the overall trend is still bearish, traders may consider shorting this market to jump on the bearish trend.   Norwegian […]


4th October 2017 Market Outlook

Swiss Franc – USD/CHF rejected its 0.9775 resistance level yesterday which could potentially lead price lower in the coming days. The market is ranging at the moment and price is currently trading at the upper end of the trading range therefore traders may consider shorting this market. If price breakout above its 0.9775 resistance level, […]


3rd October 2017 Market Outlook

Pound Dollar – GBP/USD decline lower into its 1.3260 support level after price breakout below its consolidation as we expected in our 28th September 2017 Market Outlook. Since the overall trend is still bullish, traders may consider buying into this market if price rejects the 1.3260 support level to jump on this bullish trend.   Euro […]


2nd October 2017 Market Outlook

Euro Dollar – EUR/USD rejected its 1.1860–1.1830 resistance area last Friday which could potentially lead price lower in the coming days. Given that the short term trend is bearish at the moment, traders may consider shorting this market to jump on the bearish trend and have the first target set near previous swing low at around […]



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