EUR/JPY Price Forecast: Remains above nine-day EMA near 182.50
EUR/JPY pares its recent losses from the previous session, trading around 182.60 during the Asian hours on Tuesday. The technical analysis of the daily chart points to a potential bullish reversal, with the currency cross holding slightly above the upper boundary of the descending channel pattern.
  • EUR/JPY tests the immediate barrier at the 50-day Exponential Moving Average at 182.78.
  • The short-term average stabilizes as the medium-term slope flattens, signaling consolidation.
  • The pair treads water above the initial support at the nine-day EMA at 182.57.

EUR/JPY pares its recent losses from the previous session, trading around 182.60 during the Asian hours on Tuesday. The technical analysis of the daily chart points to a potential bullish reversal, with the currency cross holding slightly above the upper boundary of the descending channel pattern. However, the 14-day Relative Strength Index (RSI) at 46.84 (neutral) signals modest improvement in momentum without a clear trend resumption.

The EUR/JPY cross holds just above the nine-day Exponential Moving Average (EMA) at 182.57, while the 50-day EMA at 182.78 caps near-term recoveries. The short-term average has stabilized, and the medium-term slope is flattening, pointing to consolidation. Failure to reclaim the medium-term average would leave the pair vulnerable to range extension, while a sustained hold above the short-term average could keep dips contained.

A daily close above the 50-day EMA would cause the emergence of the bullish bias and support the EUR/JPY cross to explore the region around the all-time high of 186.88, which was recorded on January 23.

A break below the nine-day EMA could drag the EUR/JPY cross back into the descending channel and target the lower boundary of the channel around 177.30. Further declines below the channel would reinforce the bearish bias and put downward pressure on the currency cross to navigate the region around the four-month low of 175.70.

EUR/JPY: Daily Chart

(The technical analysis of this story was written with the help of an AI tool.)

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.06% -0.03% 0.17% 0.00% -0.14% -0.17% 0.12%
EUR -0.06% -0.09% 0.13% -0.05% -0.20% -0.23% 0.06%
GBP 0.03% 0.09% 0.21% 0.03% -0.11% -0.14% 0.15%
JPY -0.17% -0.13% -0.21% -0.16% -0.30% -0.34% -0.04%
CAD -0.00% 0.05% -0.03% 0.16% -0.14% -0.17% 0.12%
AUD 0.14% 0.20% 0.11% 0.30% 0.14% -0.03% 0.26%
NZD 0.17% 0.23% 0.14% 0.34% 0.17% 0.03% 0.29%
CHF -0.12% -0.06% -0.15% 0.04% -0.12% -0.26% -0.29%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

Acuity Trading is a London-based fintech company founded in 2013 that specializes in AI-powered alternative data and sentiment analysis for trading and investments. They revolutionized the online trading experience by introducing visual news and sentiment tools, and today they continue to lead the fintech market with alpha-generating alternative data and highly engaging trading tools using the latest AI research and technology.
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LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

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