EUR/JPY Price Forecast: Positions near ascending triangle top around 186.00
EUR/JPY depreciates after three days of gains, trading around 185.90 during the Asian hours on Thursday. The currency cross is retaining a constructive bullish bias as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).
  • EUR/JPY near the 186.10 ascending triangle ceiling suggests building bullish pressure.
  • The 14-day Relative Strength Index at 56 indicates positive, sustainable upward momentum.
  • The currency cross could find the initial support at the nine-day EMA at 185.35.

EUR/JPY depreciates after three days of gains, trading around 185.90 during the Asian hours on Thursday. The currency cross is retaining a constructive bullish bias as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs). The 14-day Relative Strength Index (RSI) around 56 suggests positive but not overextended momentum, hinting that buyers still control the near-term tone.

The daily chart technical analysis shows the EUR/JPY cross positioning near the upper boundary of an ascending triangle around 186.10, suggesting that price crowding right against that flat ceiling indicates that buyers are aggressively absorbing all selling pressure at that level. This positioning shows immense bullish pressure. Since the dips are getting shallower, staying near the top suggests a breakout above resistance is likely building up.

A decisive daily close above this upper boundary typically triggers a powerful bullish continuation, which could expose the all-time high of 187.95, which was recorded on April 17.

On the downside, primary support lies at the nine-day EMA at 185.35, followed by the 50-day EMA at 185.05. Further declines would put downward pressure on the EUR/JPY cross to test the ascending triangle’s lower boundary around 184.70. A break below the triangle would expose the four-month low of 181.87, recorded on March 16, and the six-month low of 180.81.

Chart Analysis EUR/JPY
EUR/JPY: Daily Chart

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

Euro Price Today

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

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.00% 0.12% -0.05% 0.08% 0.09% 0.12% 0.11%
EUR -0.00% 0.11% -0.04% 0.08% 0.19% 0.13% 0.10%
GBP -0.12% -0.11% -0.15% -0.02% 0.06% 0.02% 0.00%
JPY 0.05% 0.04% 0.15% 0.09% 0.20% 0.16% 0.15%
CAD -0.08% -0.08% 0.02% -0.09% 0.10% 0.07% 0.05%
AUD -0.09% -0.19% -0.06% -0.20% -0.10% -0.01% -0.05%
NZD -0.12% -0.13% -0.02% -0.16% -0.07% 0.01% -0.03%
CHF -0.11% -0.10% -0.01% -0.15% -0.05% 0.05% 0.03%

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).

Oltre un milione di utenti si affida a FXStreet per dati di mercato in tempo reale, strumenti di charting, approfondimenti di esperti e notizie Forex. Il loro calendario economico completo e i webinar formativi aiutano i trader a rimanere informati e a prendere decisioni ponderate. FXStreet conta circa 60 professionisti tra la sede di Barcellona e diverse regioni globali.
Leggi di più

QUOTAZIONI IN DIRETTA

Nome / Simbolo
Grafico
% Variazione / Prezzo
NVDA/NAS
Variazione 1 giorno
+0%
0
ON/NAS
Variazione 1 giorno
+0%
0
MSFT/NAS
Variazione 1 giorno
+0%
0

TUTTO SU TECHNICAL

Esplora Altri Strumenti
Trading Academy
Sfoglia una vasta gamma di articoli educativi che coprono strategie di trading, approfondimenti di mercato e fondamentali finanziari, tutto in un unico posto.
Scopri di più
Corsi
Esplora corsi di trading strutturati progettati per supportare la tua crescita in ogni fase del tuo percorso di trading.
Scopri di più
Webinar
Partecipa a webinar live e on-demand per ottenere approfondimenti di mercato in tempo reale e strategie di trading da esperti del settore.
Scopri di più