EUR/USD 1.15853
-0.568%
Gold 4458.14
-3.118%
Oil 82.713
-0.301%
USD/JPY 160.075
0.430%
GBP/USD 1.35378
-0.402%
GBP/JPY 216.693
0.027%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
August 29th - According to the Russian government, the export ban on diesel, marine fuel, and crude diesel oil from producers in Russia has been extended to September 30th. The original export restrictions on diesel, marine fuel, and crude diesel oil from producers were valid until August 31st. The Russian government stated that this decision was made to maintain stability in the domestic fuel market.August 29th - According to data from Lighthouse Pro, as of August 29th, the total box office for 2026 (including pre-sales) has exceeded 28 billion yuan. "Pegasus 3", "Kung Fu Womens Soccer", "A Letter to Grandma", "Welcome to Dragon Restaurant", and "The Eight Immortals" are currently ranked among the top five films in the annual box office.On August 29th, US media reported that the US military plans to discipline the sailor who jumped overboard from the USS Lincoln aircraft carrier earlier this month, citing "self-harm" and "absconding." According to a recent report by MSNow, the 19-year-old sailor jumped overboard from the USS Lincoln on August 3rd and was rescued about an hour later. Currently, the military is charging him with violating military regulations by "intentionally feigning illness or self-harm to evade work, duties, or military service," and by leaving his post without authorization. The USS Lincoln began its planned deployment last November and was transferred to the Middle East in January of this year; it has now departed for its return to the United States. The New York Times reported that during its 272-day deployment, except for brief resupply stops in Guam and Oman, the USS Lincoln spent most of its time on operational duty at sea. Due to lack of rest and poor living conditions, the morale of the approximately 5,000 sailors on board was low, and several had suffered mental breakdowns and attempted suicide by jumping overboard.According to RIA Novosti: Russian President Vladimir Putin met with Belarusian President Alexander Lukashenko.Italian oil company Eni: is cooperating with Venezuela and other authorities on energy “revival”.

Price Analysis: EUR/JPY Daily Rising Wedge Targeting 143.00

Daniel Rogers

Nov 23, 2022 16:01

 截屏2022-11-23 上午9.53.21.png

 

The EUR/JPY continues to consolidate within an ascending wedge, after ending Tuesday with tiny losses of 0.04% due to a risk-on sentiment. At the start of the Asian trading session, the EUR/JPY exchange rate is 145.48, representing a slight gain of 0.01%.

 

As noted previously, a rising wedge emerged on the EUR/JPY daily chart, with the bulk of daily lows acting as dynamic support after the 50-day Exponential Moving Average (EMA). In spite of the fact that the cross continues to move steadily, there has been less price action during the past four days. This would suggest that the EUR/JPY exchange rate is stable or that a breakout is near.

 

If the EUR/JPY reaches 146.00, it could accelerate a rally toward the year-to-date (YTD) highs near 148.40; however, buyers must first overcome crucial resistance levels. The first is the rising wedge top trendline close to 146.50, followed by the 9 November daily high at 147.11. After the psychological 148.00 is reached, the next objective will be 149.00.

 

If the EUR/JPY breaks below the rising wedge, the 50-day exponential moving average (EMA) around 144.12 would provide first support. A breach of this level will expose the 143.00 level, followed by the November 11 swing low of 142.54.

Suggestion