USDJPY trend forecast February 10, 2025
The USD/JPY pair advanced by 0.48% to 152.10 on Friday, bolstered by the US Dollar’s strength amid cautious remarks from Federal Reserve officials. With the US labor market holding firm, traders are closely watching the upcoming Nonfarm Payrolls (NFP) report, which is projected to show a 175K increase in jobs for January. However, an alternative estimate suggests a slightly higher 199K figure, indicating sustained labor market resilience.
Market participants anticipate the unemployment rate to remain steady at 4.1%, with wage growth stabilizing at 3.8% year-over-year. Any unexpected deviations in the data could influence market sentiment, particularly if stronger employment figures reinforce the Fed’s cautious approach to potential rate cuts.
beginning of the week, no economic news USD and JPY, price mainly sideways between nearest resistance and support
/// SELL USDJPY: zone 152.200-152.400
SL: 152.700
TP: 40 - 70 - 100pips ( 151.400 )
Safe and profitable trading
The USD/JPY pair advanced by 0.48% to 152.10 on Friday, bolstered by the US Dollar’s strength amid cautious remarks from Federal Reserve officials. With the US labor market holding firm, traders are closely watching the upcoming Nonfarm Payrolls (NFP) report, which is projected to show a 175K increase in jobs for January. However, an alternative estimate suggests a slightly higher 199K figure, indicating sustained labor market resilience.
Market participants anticipate the unemployment rate to remain steady at 4.1%, with wage growth stabilizing at 3.8% year-over-year. Any unexpected deviations in the data could influence market sentiment, particularly if stronger employment figures reinforce the Fed’s cautious approach to potential rate cuts.
beginning of the week, no economic news USD and JPY, price mainly sideways between nearest resistance and support
/// SELL USDJPY: zone 152.200-152.400
SL: 152.700
TP: 40 - 70 - 100pips ( 151.400 )
Safe and profitable trading
Trade active
Great signal : + 40 pips signal SELL USDJPY ( 152.200 - 152.400 ) . Nice Trade closed: target reached
Great signal : + 85 pips signal SELL USDJPY ( 152.200 - 152.400 ) . Amazing 
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.