Daily Technical Analysis：USD/JPY、Crude Oil

Introduction: Welcome to our daily technical analysis of the financial markets, focusing today on USD/JPY and Crude Oil. Let's dissect the latest news, market trends, and crucial price levels to watch out for.

1. USD/JPY Analysis:
News Summary:
The latest survey shows that nearly two-thirds of Japanese companies are urgently calling on the Bank of Japan to suspend its interest rate hike plan when the Japanese economy is facing a critical turning point. The survey, conducted by Nikkei Research between May 7 and 16, covered 504 Japanese companies, of which 224 responded anonymously. The results showed that as many as 65% of companies clearly expressed their hope that the central bank would suspend interest rate hikes, while another 10% even called for interest rate cuts, and only 25% supported continued interest rate hikes.

Trend Analysis:
We can see USD/JPY H4 level continued to fall and ran below the 48 hours moving average. In addition, the MACD double line and energy bar expand below the zero axis. The sell limit could be placed, stop loss is necessary.

Today's Key Price Levels:
Key Support Levels: [141.70]
Key Resistance Levels: [144.40]
Pivot Points [143.80]
2. Crude Oil Analysis:

News Summary:
Behind OPEC+'s plan to increase production and punish allies for overproduction, the organization's two leading countries, Saudi Arabia and Russia, are pushing for a second goal to hit U.S. shale oil production and regain market share from the U.S. As of 2024, U.S. oil production has increased by 60% in the past 10 years, while OPEC's oil production has declined during the same period. However, U.S. shale oil production is now more vulnerable to price wars.

Trend Analysis:
We can see crude oil fell back after encountering resistance and ran below the 48 hours moving average on H4 chart. On the other hand, the MACD double line and histogram bar expand near the zero axis. The buy limit could be used, stop loss is mandatory.

Today's Key Price Levels:
Key Support Levels: [59.00]
Key Resistance Levels: [65.00]
Pivot Points [61.00]