Traders shift focus towards Middle East conflicts and September Jobs Report as the week ends

$E-mini S&P 500 Futures(MAR5) (ESmain.US)$ (4 Hour Chart) -[BULLISH↗ *]View unchanged as technical elements still intact. We maintain our bullish directional bias for now, expecting price to pause above 5700 support before shaping a push higher towards 5945 resistance. Technical indicators are advocating for a bullish scenario as well.

$USD (USDindex.FX)$ (4 Hour Chart) -[BULLISH↗ *]We turn bullish with low conviction as price pushed higher. We expect price to push towards 102.360 resistance level, as long as it holds above 101.145 support level. Technical indicators are displaying a bullish momentum.

$Gold Futures(FEB5) (GCmain.US)$ (4 Hour Chart) -[NEUTRAL]View unchanged as gold prices are still consolidating within a range. We maintain our neutral stance as price continues to trade between 2690.50 resistance and 2665.40 support level. A candlestick close above 2690.50 will open a limited rise towards 2708.80 resistance. Technical indicators are leaning towards a bullish scenario for now.

$Nikkei 225 (.N225.JP)$ (4 Hour Chart) -[NEUTRAL]View unchanged as NIKKEI still consolidating within a range. We stay neutral for now as price continues to trade between 39240 resistance and 36815 support. A 4 hour candlestick closing above 39240 resistance. Technical indicators are leaning towards a bullish momentum.

$HSI Futures(DEC4) (HSImain.HK)$ (4 Hour Chart) -[BULLISH↗ **]We continue our bullish directional bias as we expect price to hold above 21500 support level. We expect price to drift towards 22800 resistance level. Technical indicators are displaying a bullish momentum.

$FTSE Singapore Straits Time Index (.STI.SG)$ (4 Hour Chart) -[BULLISH↗ *]As price is holding above 3570 support level, we turn bullish as we expect price to drift towards 3600 resistance level. Technical indicators are mixed for now, with MACD displaying a bullish momentum.

US markets were down last night, with $E-mini S&P 500 Futures(MAR5) (ESmain.US)$ and $E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$ drifting marginally lower by 0.19% and 0.10%. This is due to the underperforming initial jobless claims data last night and the continued risk-off sentiment among traders of the ongoing geopolitical tension from the Middle East conflict. Traders should look forward to multiple key data tonight: average hourly earnings, nonfarm payrolls and unemployment rate.

Asian markets open mixed today. $Nikkei 225 (.N225.JP)$ drifted marginally higher by 0.18%, due to weakening of the JPY. $M3 (2413.JP)$ , $Inpex (1605.JP)$ and $Renesas Electronics (6723.JP)$ climbed the most by 3.40%, 3.17% and 3.35% respectively. $HSI Futures(DEC4) (HSImain.HK)$ edged higher by 0.87%, after the release of s&p global manufacturing PMI which outperformed previous month's data. Energy minerals, health tech and retail trade sector saw the most strength. Traders should remain cautious as the rally is cooling off. There was little change in $FTSE Singapore Straits Time Index (.STI.SG)$ and traders should look out for retail sales data later.

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