SmartFx (english)

📉 [Sell Limit] 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. Confidence: ⭐⭐ ⛔ Stop: 3434 🎯 Target 1: 3352 🎯 Target 2: 3289 ⌛ Expires: 2025-08-29 20:00 Market Chart

📈 [Buy Limit] CL.1 - Bullish - We look to Buy at 63.40 ▪ The rally was sold and the dip bought resulting in mild net gains yesterday. ▪ Dips continue to attract buyers. ▪ The medium term bias remains bullish. ▪ Bespoke resistance is located at 71.80. ▪ There is scope for mild selling at the open but losses should be limited. Confidence: ⭐⭐ ⛔ Stop: 62.2 🎯 Target 1: 68 🎯 Target 2: 71.8 ⌛ Expires: 2025-08-29 20:00 Market Chart

📈 [Buy Limit] Copper - Bullish - We look to Buy at 4.4100 ▪ The medium term bias remains bullish. ▪ We look for a temporary move lower. ▪ Bespoke support is located at 4.4100. ▪ Preferred trade is to buy on dips. ▪ Risk/Reward would be poor to call a buy from current levels. Confidence: ⭐⭐ ⛔ Stop: 4.395 🎯 Target 1: 4.47 🎯 Target 2: 4.48 ⌛ Expires: 2025-08-29 20:00 Market Chart

📉 [Sell Limit] USD/CHF - Bearish - We look to Sell at 0.8065 ▪ 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 0.8065. Confidence: ⭐⭐⭐ ⛔ Stop: 0.808 🎯 Target 1: 0.8005 🎯 Target 2: 0.799 ⌛ Expires: 2025-08-29 20:00 Market Chart

📈 [Buy Limit] EUR/USD - Bullish - We look to Buy at 1.1605 ▪ The primary trend remains bullish. ▪ We look for a temporary move lower. ▪ Preferred trade is to buy on dips. ▪ Bespoke support is located at 1.1605. ▪ Risk/Reward would be poor to call a buy from current levels. Confidence: ⭐⭐⭐⭐ ⛔ Stop: 1.1585 🎯 Target 1: 1.1685 🎯 Target 2: 1.17 ⌛ Expires: 2025-08-29 20:00 Market Chart

📈 [Buy Limit] DE40 - Bullish - We look to Buy at 23900 ▪ The primary trend remains bullish. ▪ We look for a temporary move lower. ▪ Risk/Reward would be poor to call a buy from current levels. ▪ We look to buy dips. ▪ Bespoke support is located at 23900. Confidence: ⭐⭐⭐ ⛔ Stop: 23800 🎯 Target 1: 24300 🎯 Target 2: 24400 ⌛ Expires: 2025-08-29 20:00 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: 2025-08-29 20:00 Market Chart

📈 [Buy Limit] EUR/CHF - Bullish - We look to Buy at 0.9335 ▪ 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 0.9335. Confidence: ⭐⭐ ⛔ Stop: 0.932 🎯 Target 1: 0.9395 🎯 Target 2: 0.941 ⌛ Expires: 2025-08-29 20:00 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: 2025-08-29 20:00 Market Chart

📈 [Live Trade] GBP/NZD - Bullish - We look to Buy at 2.2925 ▪ 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 2.2975 will confirm the bullish momentum. ▪ The measured move target is 2.3050. 🔔 Update 1: The move to 2.2925 triggered our long trade Confidence: ⭐⭐⭐⭐ ⛔ Stop: 2.2875 🎯 Target 1: 2.3025 🎯 Target 2: 2.305 ⌛ Expires: 2025-08-29 14:00 Market Chart

📈 [Live Trade] EUR/AUD - Bullish - We look to Buy at 1.7850 ▪ 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 1.7900 will confirm the bullish momentum. ▪ The measured move target is 1.7950. 🔔 Update 1: The move to 1.785 triggered our long trade Confidence: ⭐⭐⭐ ⛔ Stop: 1.7815 🎯 Target 1: 1.7925 🎯 Target 2: 1.795 ⌛ Expires: 2025-08-29 14:00 Market Chart

📈 [Buy Limit] NZD/USD - Bullish - We look to Buy at 0.5870 ▪ Price action looks to be forming a bottom. ▪ Further upside is expected. ▪ Short term RSI has turned positive. ▪ A move through 0.5900 will confirm the bullish momentum. ▪ The measured move target is 0.5950. Confidence: ⭐⭐ ⛔ Stop: 0.585 🎯 Target 1: 0.5925 🎯 Target 2: 0.595 ⌛ Expires: 2025-08-29 14:00 Market Chart

📈 [Buy Limit] EUR/AUD - Bullish - We look to Buy at 1.7850 ▪ 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 1.7900 will confirm the bullish momentum. ▪ The measured move target is 1.7950. Confidence: ⭐⭐⭐ ⛔ Stop: 1.7815 🎯 Target 1: 1.7925 🎯 Target 2: 1.795 ⌛ Expires: 2025-08-29 14:00 Market Chart

📈 [Buy Limit] GBP/NZD - Bullish - We look to Buy at 2.2925 ▪ 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 2.2975 will confirm the bullish momentum. ▪ The measured move target is 2.3050. Confidence: ⭐⭐⭐⭐ ⛔ Stop: 2.2875 🎯 Target 1: 2.3025 🎯 Target 2: 2.305 ⌛ Expires: 2025-08-29 14:00 Market Chart

📉 [Closed - Loss] Copper - Bearish - We look to Sell at 4.4400 ▪ The medium term bias remains bearish. ▪ We look for a temporary move higher. ▪ Risk/Reward would be poor to call a sell from current levels. ▪ We look to sell rallies. ▪ Bespoke resistance is located at 4.4400. 🔔 Update 1: The move to 4.44 triggered our short trade 🔔 Update 2: Stopped at 4.46 Confidence: ⭐⭐⭐ ⛔ Stop: 4.46 🎯 Target 1: 4.38 🎯 Target 2: 4.365 ⌛ Expires: 2025-08-29 05:00 Market Chart

📉 [Live Trade] NZD/JPY - Bearish - We look to Sell at 86.47 ▪ Our short term bias remains negative. ▪ The lack of interest is a concern for bulls. ▪ Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. ▪ 50 4hour EMA is at 86.54. ▪ Offers ample risk/reward to sell at the market. 🔔 Update 1: The move to 86.47 triggered our short trade Confidence: ⭐⭐⭐ ⛔ Stop: 86.87 🎯 Target 1: 85.27 🎯 Target 2: 85.07 ⌛ Expires: 2025-08-29 14:00 Market Chart

📈 [Live Trade] USD/CAD - Bullish - We look to Buy at 1.3750 ▪ 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 1.3800 will confirm the bullish momentum. ▪ The measured move target is 1.3875. ▪ Short term RSI has turned positive. 🔔 Update 1: The move to 1.375 triggered our long trade Confidence: ⭐⭐ ⛔ Stop: 1.37 🎯 Target 1: 1.385 🎯 Target 2: 1.3875 ⌛ Expires: 2025-08-29 05:00 Market Chart

📈 [Live Trade] US30 - Bullish - We look to Buy at 45465 ▪ Price action continues to trade around the all-time highs. ▪ A lower correction is expected. ▪ We look to buy dips. ▪ 20 4hour EMA is at 45450. ▪ Risk/Reward would be poor to call a buy from current levels. 🔔 Update 1: The move to 45465 triggered our long trade Confidence: ⭐⭐⭐⭐ ⛔ Stop: 45245 🎯 Target 1: 46125 🎯 Target 2: 46225 ⌛ Expires: 2025-08-29 11:00 Market Chart

📉 [Live Trade] Copper - Bearish - We look to Sell at 4.4400 ▪ The medium term bias remains bearish. ▪ We look for a temporary move higher. ▪ Risk/Reward would be poor to call a sell from current levels. ▪ We look to sell rallies. ▪ Bespoke resistance is located at 4.4400. 🔔 Update 1: The move to 4.44 triggered our short trade Confidence: ⭐⭐⭐ ⛔ Stop: 4.46 🎯 Target 1: 4.38 🎯 Target 2: 4.365 ⌛ Expires: 2025-08-29 05:00 Market Chart

📉 [Sell Limit] GBP/AUD - Bearish - We look to Sell at 2.0715 ▪ Broken out of the channel formation to the downside. ▪ Our short term bias remains negative. ▪ Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. ▪ 20 1hour EMA is at 2.0720. ▪ Our outlook is bearish. Confidence: ⭐⭐ ⛔ Stop: 2.0765 🎯 Target 1: 2.0565 🎯 Target 2: 2.0525 ⌛ Expires: 2025-08-29 14:00 Market Chart