USDJPY - 5 June, DXY continues to weaken, selling pressure

5 Jun

USDJPY trend forecast JUNE 05 , 2025

💬The Japanese Yen (JPY) strengthened against the U.S. Dollar (USD) on Wednesday, supported by a combination of recent economic data and heightened global trade tensions, both of which have bolstered demand for the safe-haven currency.

As of the latest reading, the USD/JPY pair has slipped below the key 143.00 level, which now acts as a psychological resistance point, with prices gradually moving closer to the 142.60 mark.

Adding to the Yen’s momentum, fresh signs of softness in the U.S. labor market have encouraged cautious sentiment among investors. Wednesday’s ADP Employment Change report revealed a modest increase of just 37,000 private-sector jobs in May—well below expectations of 115,000—highlighting potential vulnerabilities in the U.S. employment landscape and offering further support to the Yen.

💬 Bad economic data for the US, DXY weakens, putting pressure on the economy. There will still be negative unemployment data today, increasing selling pressure on USDJPY

🥇/// SELL USDJPY : zone 143.550 - 143.750

SL: 144.050

TP: 40 - 60 - 100pips ( 142.750 )


Safe and profitable trading

5 Jun

Dagangan aktif

+ 70 pips, great signal SELL USDJPY ( 143.550-143.750 )