USD/JPY analysis, June 6, 2025

We had mixed US economic data this week.

• Better JOLTS jobs opening

• Worse Services PMI

• Significantly worse ADP NFP

• Better Average Hourly Earning

• Neutral NFP because today's released NFP beat the forecast, however, previously released NFP was negatively revised

• Neutral unemployment rate

USD/JPY weekly candle had already turned bullish even before release of NFP today because it is driven bullish by an optimism of upcoming US - China tariff related meeting as well as economic data. US international trade adviser Peter Navarro told that it's gonna happen in 7 days.

There is no big influential upcoming US economic data until release of US CPI on Wednesday, June 11, 2025.

USD/JPY is more likely to complete the formation of the Gartley pattern shown below: