4th August Monday Market Update - A quiet or busy August ahead?

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Hello Traders,

Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few 'charts of interest' thrown in. There are no trade recommendations, this is not a signal service, nor trade recommendations - just what I am looking at and interested in.

Today we looked at; FX STAM, Amazon.com ($AMZN), Palantir technologies Inc ($PLTR), Uber Technologies ($UBER), and Pfizer Inc ($PFE).

The Monday Market Update for August 4, 2025, analyzed market trends and key indicators. Swiss franc remained top, followed by the euro, while the kiwi and Aussie dollars fell to the bottom. The US dollar rose to fourth place. Sterling held fifth, with all pairs in selling environments. Key events included a miss on the NFP jobs number and Trump's actions against the BLS. The NASDAQ and DAX showed bearish price action, with potential for further declines. Gold and silver were sideways, while Bitcoin showed a bullish key reversal. The dollar index showed potential for bullish momentum, but recent data caused a drop.

We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.

Have a great trading week.

***There will be no Monday market Update next week – we will return after the summer break in September.***

Trade well,

Paul

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