The U.S. reported 108,000 layoffs last month, making it the toughest January for job losses since the 2009 financial crisis.
This isn’t just a headline — it signals rising pressure in the labor market and could shift expectations around Fed policy, rate cuts, and overall market sentiment.
When employment weakens, volatility usually follows.
Keep an eye on how this impacts risk assets and liquidity flow. 👀
Price is approaching a key resistance zone and showing signs of potential rejection. Momentum looks weak near the highs — possible downside move ahead.