EUR/USD 1.16125
0.047%
Gold 4248.02
0.648%
Oil 59.469
-0.017%
USD/JPY 155.332
-0.413%
GBP/USD 1.32259
-0.212%
GBP/JPY 205.441
-0.345%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Bank of Japan: Bank of Japan Governor Kazuo Ueda will deliver a speech at the Japan Business Federation on December 25.JK Autos: In November, the groups JK and Lynk & Co brands delivered a total of 63,902 vehicles, representing year-on-year growth of 7.1% and month-on-month growth of 3.7%, respectively. Specifically, the JK brand delivered 28,843 vehicles, while the Lynk & Co brand delivered 35,059 vehicles.On Monday, December 1st, the German DAX 30 index opened down 96.66 points, or 0.41%, at 23731.59; the UK FTSE 100 index opened down 28.51 points, or 0.29%, at 9692.00; and the French CAC 40 index opened down 41.05 points, or 0.51%, at 8081.66. The Stoxx 50 index opened down 20.92 points, or 0.37%, at 5647.25 on Monday, December 1st; the Spanish IBEX 35 index opened down 29.62 points, or 0.18%, at 16341.98 on Monday, December 1st; and the Italian FTSE MIB index opened down 169.01 points, or 0.39%, at 43188.00 on Monday, December 1st.December 1st - In November 2025, new home supply saw a temporary increase, while sales remained stable. The situation where new home supply constrained sales recovery remained unchanged; the inventory area in 30 cities was 218.9 million square meters, a slight decrease of 1% month-on-month and a decrease of 5% year-on-year. Second-hand home sales continued their upward trend, rising 14% month-on-month. The land market saw a rebound in both transaction volume and average premium rate.Data from Mobility Sweden shows that Tesla (TSLA.O) new car registrations in Sweden fell 59% year-on-year in November.

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