FXOptimax Market Analysis

21th August 2017 Market Outlook

Japanese Yen – USD/JPY decline all its way down into its 108.90 support level after price rejected its 111.00–110.90 resistance level as we expected in our 16th August 2017 Market Outlook. Traders who went short as we recommended may consider taking profits or scale out the position at the 108.90 support level. If price is […]


18th August 2017 Market Outlook

Loonie Dollar – USD/CAD had a strong rejection off its 1.2830–1.2780 resistance area earlier this week. Given that the trend is still bearish, traders may consider shorting this market to ride on the bearish trend. There’s no immediate support level below which offer traders huge profit margin to trade the short side of the market. […]


17th August 2017 Market Outlook

Pound Aussie – GBP/AUD decline lower after price rejected its 1.6720 resistance level as we expected in our 4th August 2017 Market Outlook. Traders who went short as we recommended may consider taking partial profits off the table at current price level while leaving the rest position to run further with a trailing stop behind. The […]


16th August 2017 Market Outlook

Aussie Dollar – AUD/USD pullback into its 0.7820 support level yesterday. Given that the trend is still bullish at the moment, 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 to avoid […]


15th August 2017 Market Outlook

Silver – Silver is making its way back into its 16.80 support level, given that the short term trend is bullish at the moment, 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 confirmations before buying into […]


14th August 2017 Market Outlook

Euro Dollar – EUR/USD rejected its 1.1710 support level and rally higher as we expected in our 10th August 2017 Market Outlook. Traders who went long as we recommended may consider continue holding onto the long position as price is likely going to continue to rally higher. Traders may also have the first target set near […]


11th August 2017 Market Outlook

Japanese Yen – USD/JPY decline lower after price rejected its 111.00–110.90 resistance area as we expected in our 7th August 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 into its […]


10th August 2017 Market Outlook

Euro Dollar – EUR/USD pullback into its 1.1710 support level and rejected it yesterday which could potentially lead price higher in the coming days. Given that the trend is still bullish, traders may consider buying into this market to ride on the bullish trend. Traders may also have the first target set near previous swing high […]


9th August 2017 Market Outlook

Japanese Yen – USD/JPY decline lower after price rejected its 111.00–110.90 resistance area as we expected in our 7th August 2017 Market Outlook. Traders who went short as we recommended may consider continue holding onto the short position and have the first target set near previous swing low at around 109.90 to lock in profits. […]


8th August 2017 Market Outlook

Loonie Dollar – USD/CAD pullback into its 1.2700 resistance level yesterday which traders may hunt for potential shorting opportunities as the overall trend is still bearish. There is no immediate support level below which offer traders huge profit margin to trade the short side of the market. Traders may also zoom in to the lower […]



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