EUR/JPY Price Forecast: Tests 186.50 barrier after breaking above ascending triangle top
EUR/JPY extends its gains for the third successive day, trading around 186.40 during the Asian hours on Thursday. The currency cross is keeping a bullish near-term bias as it holds above both the nine-day and 50-day Exponential Moving Averages (EMAs).
  • A sustained breakout above resistance targets the EUR/JPY all-time high near 187.95.
  • The 14-day Relative Strength Index of 59.46 keeps buyers in control short of overbought territory.
  • Pulling back to the triangle exposes initial support at the nine-day EMA around 185.81.

EUR/JPY extends its gains for the third successive day, trading around 186.40 during the Asian hours on Thursday. The currency cross is keeping a bullish near-term bias as it holds above both the nine-day and 50-day Exponential Moving Averages (EMAs). The short-term EMA trading over the longer one reinforces an upward structure.

The 14-day Relative Strength Index (RSI) at 59.46 stays in positive territory without yet signaling overbought conditions, hinting that buyers still retain control but face nearby upside constraints.

The daily chart technical analysis shows the currency cross is positioned above the upper boundary of an ascending triangle, suggesting a bullish breakout. Further advances would support the currency cross to navigate the region around the all-time high of 187.95, which was recorded on April 17.

On the downside, a return within the triangle would expose the initial support at the nine-day EMA of 185.81, with additional backing at the 50-day EMA of 185.23 and the lower boundary of the ascending triangle near 185.20.

Further declines below the triangle pattern would undermine the bullish setup and put downward pressure on the EUR/JPY cross to navigate the region around the five-month low of 181.87, recorded on March 16, and the seven-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 strongest against the US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.18% -0.10% -0.07% -0.17% -0.30% -0.05% -0.14%
EUR 0.18% 0.09% 0.13% 0.00% -0.12% 0.15% 0.03%
GBP 0.10% -0.09% 0.04% -0.10% -0.21% 0.06% -0.05%
JPY 0.07% -0.13% -0.04% -0.12% -0.25% -0.00% -0.10%
CAD 0.17% -0.00% 0.10% 0.12% -0.14% 0.13% 0.01%
AUD 0.30% 0.12% 0.21% 0.25% 0.14% 0.27% 0.18%
NZD 0.05% -0.15% -0.06% 0.00% -0.13% -0.27% -0.12%
CHF 0.14% -0.03% 0.05% 0.10% -0.01% -0.18% 0.12%

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).

Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
Baca Selengkapnya

KUOTASI LANGSUNG

Nama / Simbol
Grafik
% Perubahan / Harga
NVDA/NAS
Perubahan 1 hari
+0%
0
ON/NAS
Perubahan 1 hari
+0%
0
MSFT/NAS
Perubahan 1 hari
+0%
0

SEMUA TENTANG TECHNICAL

Jelajahi Lebih Banyak Tools
Akademi Trading
Jelajahi berbagai artikel edukasi yang mencakup strategi trading, wawasan pasar, dan dasar-dasar keuangan, semua dalam satu tempat.
Pelajari Lebih Lanjut
Kursus
Jelajahi kursus trading terstruktur yang dirancang untuk mendukung pertumbuhan Anda di setiap tahap perjalanan trading Anda.
Pelajari Lebih Lanjut
Webinar
Ikuti webinar langsung dan on-demand untuk mendapatkan wawasan pasar real-time dan strategi trading dari para ahli industri.
Pelajari Lebih Lanjut