USD/JPY, US Nonfarm Payrolls Statistics Short-Term Trade! GBP/JPY first pullback buy area at the start of the year is over +600 pips!

In January's US employment statistics, nonfarm payrolls rose more than market expectations,

though wage growth was lackluster, causing the US dollar to be bought immediately after the data release,

and then the market entered a slowdown phase.

From yesterday's market moves, participants seemed to be looking for some kind of change

and the market atmosphere suggested by such a vibe was possible.

Now, I hadn't planned to trade the employment statistics, but

there was a reversal signal coming from the yen-dollar selling excessively,

so I bought, and a reversal point showed exit signals for profit.

There was a small profit, though!


This is the US employment statistics Ultimate double-agent dollar-yen 15-minute chart.



This is the pound-yen 4-hour chart, but the first pullback at the start of the year was bought back for now.

The pound is still in a downtrend, but price movement is large, so this rebound market also

moved a lot. The daily cloud was not broken through, but there are opportunities in such price action!



The analysis of the pound-yen market is introduced within the Indicator Buyer Members Community.



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Next week, finally the Japan-US summit will take place.

Here, it is worth watching which direction the dollar-yen will move!



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