SmartFx (english)

📉 [Sell Limit] CAC40 - Bearish - We look to Sell at 7770 ▪ Posted Mixed Daily results for the last 4 days. ▪ An overnight positive theme in Equities has led to a higher open this morning. ▪ Bespoke resistance is located at 7770. ▪ There is scope for mild buying at the open but gains should be limited. ▪ The medium term bias is neutral. Confidence: ⭐⭐ ⛔ Stop: 7820 🎯 Target 1: 7611 🎯 Target 2: 7600 ⌛ Expires: 2025-09-02 05:00 Market Chart

📉 [Sell Limit] GBP/CHF - Bearish - We look to Sell at 1.0850 ▪ Short term bias has turned negative. ▪ Preferred trade is to sell into rallies. ▪ We look for a temporary move higher. ▪ With the Ichimoku cloud resistance above we expect gains to be limited. ▪ Further downside is expected although we prefer to sell into rallies close to the 1.0850 level. Confidence: ⭐⭐⭐ ⛔ Stop: 1.0879 🎯 Target 1: 1.0767 🎯 Target 2: 1.074 ⌛ Expires: 2025-09-02 05:00 Market Chart

📉 [Sell Limit] GBP/USD - Bearish - We look to Sell at 1.3585 ▪ Buying pressure from 1.3447 resulted in prices rejecting the dip. ▪ The current move higher is expected to continue. ▪ Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. ▪ Preferred trade is to sell into rallies. ▪ Previous resistance located at 1.3585. Confidence: ⭐⭐ ⛔ Stop: 1.3626 🎯 Target 1: 1.3469 🎯 Target 2: 1.3375 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] XAG/USD - Bullish - We look to Buy at 39.95 ▪ Short term bias has turned positive. ▪ We are trading at overbought extremes. ▪ A lower correction is expected. ▪ Preferred trade is to buy on dips. ▪ Bespoke support is located at 39.95. Confidence: ⭐⭐⭐⭐ ⛔ Stop: 39.49 🎯 Target 1: 41.11 🎯 Target 2: 42.55 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] GBP/JPY - Bullish - We look to Buy at 198.20 ▪ The primary trend remains bullish. ▪ The selloff has posted an exhaustion count on the daily chart. ▪ We look for a temporary move lower. ▪ Bespoke support is located at 198.20. ▪ Preferred trade is to buy on dips. Confidence: ⭐⭐⭐ ⛔ Stop: 197.9 🎯 Target 1: 199.4 🎯 Target 2: 199.7 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] AUD/JPY - Bullish - We look to Buy at 95.75 ▪ There is no clear indication that the upward move is coming to an end. ▪ Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. ▪ Risk/Reward would be poor to call a buy from current levels. ▪ A move through 96.25 will confirm the bullish momentum. ▪ The measured move target is 96.75. Confidence: ⭐⭐ ⛔ Stop: 95.4 🎯 Target 1: 96.5 🎯 Target 2: 96.75 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] Copper - Bullish - We look to Buy at 4.4700 ▪ The medium term bias remains bullish. ▪ We look for a temporary move lower. ▪ Bespoke support is located at 4.4700. ▪ Preferred trade is to buy on dips. ▪ We are trading at overbought extremes. Confidence: ⭐⭐ ⛔ Stop: 4.455 🎯 Target 1: 4.53 🎯 Target 2: 4.535 ⌛ Expires: 2025-09-02 05:00 Market Chart

📉 [Sell Limit] DE40 - Bearish - We look to Sell at 24200 ▪ The medium term bias remains bearish. ▪ Price action looks to be forming a top. ▪ We look for a temporary move higher. ▪ Preferred trade is to sell into rallies. ▪ Bespoke resistance is located at 24200. Confidence: ⭐⭐ ⛔ Stop: 24290 🎯 Target 1: 23840 🎯 Target 2: 23750 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] EUR/GBP - Bullish - We look to Buy at 0.8650 ▪ Indecisive price action has resulted in sideways congestion on the intraday chart. ▪ Risk/Reward would be poor to call a buy from current levels. ▪ A move through 0.8675 will confirm the bullish momentum. ▪ The measured move target is 0.8725. ▪ Further upside is expected. Confidence: ⭐⭐⭐⭐ ⛔ Stop: 0.8625 🎯 Target 1: 0.87 🎯 Target 2: 0.8725 ⌛ Expires: 2025-09-02 05:00 Market Chart

📉 [Sell Limit] USD/CHF - Bearish - We look to Sell at 0.8025 ▪ The primary trend remains bearish. ▪ Risk/Reward would be poor to call a sell from current levels. ▪ We look for a temporary move higher. ▪ Preferred trade is to sell into rallies. ▪ Bespoke resistance is located at 0.8025. Confidence: ⭐⭐⭐ ⛔ Stop: 0.804 🎯 Target 1: 0.7965 🎯 Target 2: 0.795 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] EUR/CHF - Bullish - We look to Buy at 0.9350 ▪ Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. ▪ Price action looks to be forming a bottom. ▪ We look for a temporary move lower. ▪ Preferred trade is to buy on dips. ▪ Bespoke support is located at 0.9350. Confidence: ⭐⭐ ⛔ Stop: 0.9335 🎯 Target 1: 0.941 🎯 Target 2: 0.9425 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] USD/CAD - Bullish - We look to Buy at 1.3725 ▪ There is no clear indication that the upward move is coming to an end. ▪ Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. ▪ A move through 1.3775 will confirm the bullish momentum. ▪ The measured move target is 1.3850. ▪ Short term RSI has turned positive. Confidence: ⭐⭐ ⛔ Stop: 1.3675 🎯 Target 1: 1.3825 🎯 Target 2: 1.385 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] EUR/USD - Bullish - We look to Buy at 1.1665 ▪ The primary trend remains bullish. ▪ We look for a temporary move lower. ▪ Preferred trade is to buy on dips. ▪ Bespoke support is located at 1.1665. ▪ Risk/Reward would be poor to call a buy from current levels. Confidence: ⭐⭐⭐ ⛔ Stop: 1.1645 🎯 Target 1: 1.1745 🎯 Target 2: 1.177 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] FTSE100 - Bullish - We look to Buy at 9180 ▪ Price action looks to be forming a bottom. ▪ The primary trend remains bullish. ▪ This is positive for sentiment and the uptrend has potential to return. ▪ Preferred trade is to buy on dips. ▪ Weekly pivot is at 9180. Confidence: ⭐⭐⭐ ⛔ Stop: 9122 🎯 Target 1: 9345 🎯 Target 2: 9485 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] AUD/USD - Bullish - We look to Buy at 0.6505 ▪ The medium term bias remains bullish. ▪ Bearish divergence is expected to cap gains. ▪ Preferred trade is to buy on dips. ▪ A lower correction is expected. ▪ Bespoke support is located at 0.6505. Confidence: ⭐⭐⭐ ⛔ Stop: 0.649 🎯 Target 1: 0.6565 🎯 Target 2: 0.658 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] XAU/USD - Bullish - We look to Buy at 3514 ▪ Continued upward momentum from 3353 resulted in the pair posting net daily gains yesterday. ▪ A sequence of intraday higher highs and lows has been posted. ▪ Price action continues to trade around the all-time highs. ▪ We are trading at overbought extremes. ▪ Preferred trade is to buy on dips. Confidence: ⭐⭐⭐ ⛔ Stop: 3489 🎯 Target 1: 3600 🎯 Target 2: 3610 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] XAU/USD - Bullish - We look to Buy at 3345 ▪ Continued upward momentum from 3312 resulted in the pair posting net daily gains yesterday. ▪ A sequence of intraday higher highs and lows has been posted. ▪ Price action continues to trade around the all-time highs. ▪ We are trading at overbought extremes. ▪ Preferred trade is to buy on dips. Confidence: ⭐⭐⭐ ⛔ Stop: 3305 🎯 Target 1: 3500 🎯 Target 2: 3510 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Buy Limit] CL.1 - Bullish - We look to Buy at 63.41 ▪ Posted mild net daily losses but all trading confined to the previous days range, an indecisive Inside Day. ▪ Selling posted in Asia. ▪ A Fibonacci confluence area is located at 63.15. ▪ Bespoke support is located at 63.41. ▪ Preferred trade is to buy on dips. Confidence: ⭐⭐ ⛔ Stop: 62.81 🎯 Target 1: 65 🎯 Target 2: 66.77 ⌛ Expires: 2025-09-02 05:00 Market Chart

📈 [Closed - Loss] US500 - Bullish - We look to Buy at 6478 ▪ Offers ample risk/reward to buy at the market. ▪ Price action continues to trade around the all-time highs. ▪ 20 4hour EMA is at 6477. ▪ There is no clear indication that the upward move is coming to an end. ▪ Prices have reacted from the 1.272% Fibonacci extension level. 🔔 Update 1: The move to 6478 triggered our long trade 🔔 Update 2: Stopped at 6448 Confidence: ⭐⭐⭐⭐ ⛔ Stop: 6448 🎯 Target 1: 6568 🎯 Target 2: 6598 ⌛ Expires: 2025-08-29 20:00 Market Chart

📉 [Closed - Loss] XAU/USD - Bearish - We look to Sell at 3416 ▪ Continued upward momentum from 3321 resulted in the pair posting net daily gains yesterday. ▪ The 261.8% Fibonacci extension is located at 3416 from 3312 to 3352. ▪ Selling posted in Asia. ▪ Bespoke support is located at 3352. ▪ Selling spikes offers good risk/reward. 🔔 Update 1: The move to 3416 triggered our short trade 🔔 Update 2: Stopped at 3434 Confidence: ⭐⭐ ⛔ Stop: 3434 🎯 Target 1: 3352 🎯 Target 2: 3289 ⌛ Expires: 2025-08-29 20:00 Market Chart