
USD/JPY: dollar is testing local highsThe trading instrument USD/JPY is developing a moderate decline, having reached the area of 140.40 and the local highs of November 23. The day before it showed active strengthening, not being exposed to the resistance of the "Japanese".The upward dynamic became possible amid the market expectations for the further growth of interest rate by the Fed and the positive macroeconomic statistics. Thus, the earlier published data showed the increase in yields to 0,4% from 0,3%, while the expenditures went up to 0,8% from 0,1%, having exceeded the expectations of 0,4%. Demand for the nation's durable goods rose 1.1% in April, building on the previous 3.3% increase in March, contrary to experts' forecasts of a 1.0% decline.Meanwhile, a block of statistics at the end of last week strengthened economists' confidence that Japan's regulator is not considering the option of correcting the vector of monetary parameters in the short term. Thus, the Tokyo region consumer prices for May decreased to 3.2% from 3.5%, with the market estimates increasing to 3.9%, and when excluding the sectors of food commodities and energy increased to 3.9% from 3.8%, with the analysts' estimates of 4.3%.Resistance levels: 140.91, 141.50, 142.54, 143.50.Support levels: 139.67, 138.90, 138.00, 137.50.NZD/USD: the pair is kept in the local descending corridorThe currency pair NZD/USD developed a negative sentiment, reaching the area of 0.6056 with quite low investor activity amid a clear calendar of macroeconomic publications.According to the publication of the National Statistics Service of New Zealand, the local statistics for April on vacancy rates was released. Thus, the aggregate figure for all industrial sectors reflected an increase of 0.6% to the target of 2.37 million workers, and the top three sectors by sector were manufacturers of goods, up 0.7%, services, up 0.5%, and manufacturers, up 0.2%. Fast food, transportation and postal services, administrative services, health care, and manufacturing showed local leadership. Strong data signaled a positive trend in the national labor market.Resistance levels: 0.6100, 0.6240.Support levels: 0.6000, 0.5840.Gold pricesThe safe haven asset is developing a moderate correction, sitting at the local low of March 22, updated last Friday, May 26, hitting 1945.00 and waiting for new stimulus for a further move.Investors remain focused on the issue of agreeing on the US debt ceiling. Earlier the leader of the United States of America and Congress reached a consensus that will avoid the declaration of economic default in the country. At the moment some formal agreements and minor amendments need to be made, which will eventually allow the congressmen to start coordinating the bill before June 1. Meanwhile, a number of representatives of the two parties in Congress spoke negatively about the existence of some clauses of the agreement. For instance, the leader of the Democratic Party in the House of Representatives expressed doubt that the upcoming vote would find enough votes among Democrats.Resistance levels: 1950.00, 1960.00, 1971.39, 1983.99.Support levels: 1936.40, 1920.00, 1900.00, 1878.84.Oil market reviewIn Asian trading, Brent crude is showing a mixed trend, holding at 77.50.Meanwhile, divergent rhetoric in the OPEC+ cartel is encouraging the pressure on the energy market. Thus, Saudi Arabia issued a warning to the market participants, reinforcing the trend of "bears" on the platforms to stick to balanced decisions before the summit of the organization, announced for June 4 in Vienna, where they will consider the future policy. Traders saw in such rhetoric signals of a possible correction, because since the beginning of the month the cartel has already agreed on a voluntary reduction of production capacity by all participants by 9.7 million barrels per day. For its part, the Russian government doubts that the current quotas will be revised, expecting that the demand for oil products will only increase due to the increased intensity of carriers, air flights and field work of the agricultural sector in the coming summer. Meanwhile, analysts are holding a neutral outlook ahead of the organization's meeting.Resistance levels: 78.46, 80.00, 81.00, 82.00.Support levels: 77.00, 75.63, 74.00, ...