Doubt if this will influence dollar in a positive way. On the USDJPY chart the three red weekly candles right at the top in 2022 tell a story of their own. Kind of doji's which tells me a lot, went downhill from there all the way until the first ...

Don't see Yen going lower.

Has just closed the gap left by crazy employment numbers. Not to say it will goes up again.

If MMs control price then it must be a coordinated exercise. I wonder if that's possible in such a huge market.

"This is what Bloomberg chief economist Anna Wong put it: "The January jobs report showed extremely robust growth, higher than the highest estimate in the Bloomberg survey. If it seems too good to be true, that’s because it is too good to be true — ...

Agree.

. . and if PMI comes in with a bad number??

I only trade USD/JPY, on daily I note the pair strike a well established resistance line at 130.20; for those of you who cares.

I guess you're right buddy.

I have my doubts about this number

Once again its labor whose been short ended!!

These guys are just as uncertain on what to do and what to expect going forward, like all of us.

I'm talking USD/JPY my friend.

Seems capped for the time being.

I think you're going to change your mind not far from now as with the transitory debacle.

Down, down, down.

Eur is at 50% retrace from a high reach on January 1st 2021.

We'll see. Right now UJ is coming down fast, breaching some significant levels. Most importantly the H4 level, broken with a bang! Also note that the pair is approaching the lower level of a sideways move which is in place since Jan 23 of 2023. The ...

Another blow to USD, love it!!