EUR/JPY Price Forecast: Trades near 180.50 after breaking above nine-day EMA

EUR/JPY may find immediate support at the nine-day EMA of 179.83.
The 14-day Relative Strength Index is at 43.32, hinting at still-soft momentum.
The primary barrier lies at the 50-day EMA of 182.65.

Akhtar Faruqui FXStreet

EUR/JPY extends its gains for the second consecutive day, trading around 180.40 during European hours on Monday. Technical analysis of the daily chart shows the currency cross trading within a descending channel, keeping the overall bearish bias.

The EUR/JPY cross is keeping a bearish near-term bias as it holds below the 50-day Exponential Moving Average (EMA) while clinging just above the nine-day EMA. This configuration suggests the currency cross is consolidating under medium-term trend resistance, with the 14-day Relative Strength Index (RSI) at 43.32 hinting at still-soft momentum and limiting the scope for an immediate bullish reversal unless price can reclaim the 50-day EMA.

The EUR/JPY cross may pull back and test the immediate support at the nine-day EMA of 179.83. A break below the short-term price average would strengthen the bearish bias and put downward pressure on the currency cross to navigate the region around 177.40, followed by nearly an 11-month low of 175.70, recorded in November 2025.

On the upside, the EUR/JPY cross could rise toward the 50-day EMA of 182.65. Further resistance lies at the upper boundary of the descending channel around 185.00, followed by the all-time high of 187.95 set on April 17.

(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 Japanese Yen.

	USD	EUR	GBP	JPY	CAD	AUD	NZD	CHF
USD		0.01%	0.10%	0.20%	0.18%	-0.05%	-0.01%	0.06%
EUR	-0.01%		0.02%	0.16%	0.11%	-0.13%	-0.12%	-0.01%
GBP	-0.10%	-0.02%		0.13%	0.08%	-0.12%	-0.13%	-0.01%
JPY	-0.20%	-0.16%	-0.13%		-0.04%	-0.30%	-0.21%	-0.12%
CAD	-0.18%	-0.11%	-0.08%	0.04%		-0.26%	-0.19%	-0.09%
AUD	0.05%	0.13%	0.12%	0.30%	0.26%		0.05%	0.14%
NZD	0.00%	0.12%	0.13%	0.21%	0.19%	-0.05%		0.09%
CHF	-0.06%	0.00%	0.01%	0.12%	0.09%	-0.14%	-0.09%

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).

Author

Akhtar Faruqui

FXStreet

Akhtar Faruqui is a Forex Analyst based in New Delhi, India. With a keen eye for market trends and a passion for dissecting complex financial dynamics, he is dedicated to delivering accurate and insightful Forex news and analysis.

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