Forex - US economic data once again fell below the glory line

The United States announced yesterday (3rd) that the manufacturing index for August was 49.1, lower than the three-year low of 51.2 in July, which was below the 50-year-old glory line for the first time in three years, and the order, production, and The employment index fell in full, suggesting that the global economy was heated by Sino-US trade frictions, causing shocks to the US manufacturing industry, and the growth trend gradually slowed down. According to the report, the new order indicator fell to 47.2 in 7 years, the first time since December 2015, it fell below 50. In addition, it can reflect the overseas demand export index of 43.3, which was the lowest point since the financial tsunami in April 2009.

forex Technical Analysis (Gold XAUUSD):
forex analysis today gold (September 4) early in the morning at 1546.8 US dollars/ounce, MT4 technical analysis face cut, 1 hour level observation trend under the influence of US data, the dollar fell gold in one fell swoop, the big structure gradually has the left shoulder bottom right shoulder The shape,so there is a chance to rise more and then pull back the correction.
At present, the pressure range above the short-term line is located at 1554~1554.5 US dollars/ounce. In the downward direction, the initial support range is 1541~1541.5 US dollars/ounce. The operation mentality is mainly short. The investors who want to enter the market for a short time can consider the price of 1541 US dollars. To the 1543.5 US dollars/ounce range of light warehouse buy, MT4 set stop loss point can be set to 1539.5 US dollars/ounce below.

forex Technical Analysis (EUR/USD EURUSD):
forex analysis today EUR/USD (September 4th) Early in the morning around 1.09701, MT4 technical analysis cut in, the 1-hour level observation trend was significantly down by the US dollar, the bottom began to rebound sharply, so there is a chance that the symmetry market continues to rise.
At present, the pressure range above the short-term line is located at 1.10100~1.10150, the downward direction, the initial support interval is 1.09550~1.09600, and the operating mentality is mainly short. Investors who want to enter the market for a short time can consider buying in the 1.09700 to 1.09750 range. MT4 sets the stop loss point to consider setting below 1.09600.

forex Technical Analysis (GBP/USD GBPUSD):
forex analysis today sterling / US dollar (September 4) Early in the vicinity of 1.20842, MT4 technical analysis face cut, 1 hour line-level observation trend was also significantly pulled back yesterday (3rd) US dollar, making the pound appear bottom V-shaped reversal, Therefore, the equal-amplitude measurement method has a chance to continue to rise.
At present, the pressure range above the short-term line is located at 1.21450~1.21500, in the downward direction, the initial support range is 1.20550~1.20600, and the operating mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 1.209940 to 1.20990 range. MT4 set stop loss point can be considered to set below 1.20900.

forex Technical Analysis (NZD/USD NZDUSD):
forex analysis today NZD/USD (September 4th) Early in the vicinity of 0.63268, MT4 technical analysis cut in, 1-hour line-level observation trend began to appear bottom up, forming a small V reversal, so there is a chance according to the equal amplitude measurement method continue rising
At present, the pressure range above the short-term line is located at 0.63600~0.63650, the downward direction, the initial support interval is 0.63150~0.63200, and the operation mentality is mainly short. The investors who want to enter the market for a short time can consider buying in the 0.63390 to 0.63450 range. MT4 sets the stop loss point to consider setting below 0.63300.