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AUDUSD continues to build momentum within its ascending channel, marking higher swings on the daily timeframe. After surging above the last swing high, price pulled back to find support at the EMA63, confirming the uptrend structure. Key level to watch: 0.6970. If the pair stays above this, we could see a move toward the channel's upper boundary. A close below 0.6970, though, may trigger a decline toward 0.6880. Would you buy or sell? 👇

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The pound fell as UK Jul Manufacturing PMI was revised lower. GBPUSD tested the resistance at 1.3475 before slipping below EMA24. The price is fluctuating between EMAs, suggesting consolidation. Holding above the support at 1.3400 may keep GBPUSD in the 1.3400-1.3475 range. https://t.co/hhaGaS511l

The euro declined as Eurozone growth concerns weighed on sentiment. EURUSD retreated from recent highs and slipped below EMA24. The price is hovering between both EMAs, suggesting near-term consolidation. Remaining below 1.1530 may drive EURUSD toward the support at 1.1490. https://t.co/0CgDsiYFqQ

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🌅 NordFX Morning Update – Aug 4 🌏 Asia: Nikkei −0.3%, Kospi −1.3%, ASX +1.2%, HSI −0.5%, Shanghai +0.2% 💱 EUR/USD 1.1500 | USD/JPY 157.50 🥇 Gold $4,050 | 🛢 WTI $80 ⚡️ Dollar steady, oil stabilizing after Monday's rout. Eyes on Friday's US jobs report. 📈 NordFX https://t.co/lXI9U6fXMs

EUR/USD Chart of the Day #FPMarkets #chartoftheday #EURUSD #USD #EUR #currencies #fx #technicalanalysis https://t.co/hSqdeaUMjf

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Silver prices consolidated as US-Tehran peace talks eased supply disruption fears. XAGUSD rallied above EMAs. The price remains range-bound around flat EMAs, confirming sideways consolidation. Dropping below 58.00 may prompt XAGUSD to retest the support at 57.00. https://t.co/NxNuABTBOf

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The US dollar index recovered as Fed policy and lower oil prices eased inflation concerns. DXY rebounded above 99.40 and edged above EMA24. The price forms lower swings with bearish EMAs, reinforcing the downtrend. Breaking below 99.70 may push the index toward 99.40. https://t.co/BnXWD0UsUE

Form's done, markets are checked. Bring on the midweek action. blog.palmerbet.com/horse-racing/b…

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