AUD/JPY Price Forecast: Tests nine-day EMA near psychological 93.00 support

AUD/JPY extends its gains for the second successive session, trading around 93.60 during early European hours on Friday. A technical analysis of the daily chart shows that the currency cross remains within an ascending channel pattern, confirming a sustained bullish bias.

Japanese Yen remains depressed against a broadly stronger USD; focus remains on US NFP report

The Japanese Yen (JPY) maintains its offered tone against a broadly stronger US Dollar (USD), with the USD/JPY bulls awaiting a sustained move and acceptance above the 144.00 mark before placing fresh bets.

USD/CAD Price Forecast: Seems vulnerable below 1.3700; US/Canadian jobs data awaited

The USD/CAD pair extends its sideways consolidative price move for the second straight day on Friday and trades around the 1.3665 region during the early European session. Spot prices remain close to the year-to-date low touched on Thursday and seem vulnerable to sliding further.

US Nonfarm Payrolls expected to show tepid hiring appetite in May as uncertainty grows

Nonfarm Payrolls (NFP), one of the most high-impact economic data releases in the United States (US), is expected to show a further cooling of the jobs market.

Forex Today: Markets await NFP, try to look away from Trump-Musk drama

Here is what you need to know on Friday, June 6: