On September 4th, the U.S. issued the August nonfarm payrolls report, a significant economic data affecting market sentiment and subsequent economic policies. The report indicated a steady growth in the U.S. job market, albeit at a low unemployment rate. Following the release, market movements were diverse: USD/JPY and XAU/USD had considerable fluctuations, while USD/CAD and EUR/USD remained relatively stable.
Technical analysis indicates that among today's trading pairs, the USD/CAD maintained solid support at 1.37889 with resistance at 1.37933; USD/JPY experienced notable volatility, with support at 155.621 and resistance at 156.159. The NASDAQ index is near the support level at 29462.36, and currently, it's in a narrow range.
Overall, investors should stay tuned to subsequent economic releases to gauge trends in the U.S. economy and its impact on global financial markets.
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