FXOptimax Market Analysis

16th July 2018 Market Outlook

Euro Yen – EUR/JPY continue to rally higher after price rejected its 130.00 support level as we expected in our 11th July 2018 Market Outlook. Traders who went long as we recommended may consider continue holding onto the long position with a trailing stop behind as there is no immediate resistance level above.   Gold – Gold retest its […]


13th July 2018 Market Outlook

Pound Yen – GBP/JPY rally higher after price breakout above its bearish trend line as we expected in our 9th July 2018 Market Outlook. Traders who went long as we recommended may consider continue holding onto the long position with a trailing stop behind and have the first target set near 150.80 resistance level.   Loonie […]


12th July 2018 Market Outlook

Silver – Silver decline lower after price rejected its 16.30–16.20 resistance area as we expected in our 4th July 2018 Market Outlook. Traders who went short as we recommended may consider scale out the position at current price level to lock in profits while leaving the rest to run further with a trailing stop behind.   Euro Yen – […]


11th July 2018 Market Outlook

Loonie Dollar – USD/CAD rejected its 1.3040–1.3100 support area yesterday. Given that the trend is still bullish, traders may consider buying into this market to jump on the bullish trend and have the first target set near previous swing high to lock in profits if price moves in our favour.   Euro Yen – EUR/JPY pullback into its […]


10th July 2018 Market Outlook

Euro Aussie – EUR/AUD started to decline lower after price rejected its 1.5850–1.5800 resistance area as we expected in our 4th July 2018 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 its decline in the coming […]


9th July 2018 Market Outlook

Aussie Loonie – AUD/CAD rejected its 0.9790–0.9770 resistance area last Friday which could potentially lead price lower in the coming days. Given that the trend is still bearish, traders may consider shorting this market to jump on the bearish trend. There’s no immediate support level below which offer traders huge profit margin to trade the short […]


6th July 2018 Market Outlook

Euro Yen – EUR/JPY rally higher after price rejected its 128.50 support level as we expected in our 5th July 2018 Market Outlook. Traders who went long as we recommended may consider scale out the position at current price level to lock in profits while leaving the rest of the position to run further with a trailing […]


5th July 2018 Market Outlook

Euro Yen – EUR/JPY once again rejected its 128.50 support level yesterday which could potentially cause price to bounce higher. Since the short term momentum is bullish, traders may consider buying into this market for a short term bullish trade and have the first target set near previous swing high to lock in profits if price […]


4th July 2018 Market Outlook

Silver – Silver is making its way back into its 16.30–16.20 resistance area. Given that the trend is bearish, traders may consider shorting this market if price pullback into its 16.30–16.20 resistance area. Ideally we would prefer to see some price rejections or any other form of confirmation before shorting this market to avoid false signals. […]


3rd July 2018 Market Outlook

NZD/CAD – NZD/CAD continue to decline lower and is approaching its 0.8800 support level after price rejected its 0.9220 resistance level as we expected in our 25th June 2018 Market Outlook. Traders who went short as we recommended may consider scale out the position around this 0.8800 support level and leave the rest to run further with […]



Contact Us