EUR/JPY Holds Ground Near 185.00, Targets Symmetry Triangle Upper Vertex

EUR/JPY has advanced for the second consecutive day, trading around 185.00 during Asian hours. The currency remains in a constructive near‑term bias, staying above the 9‑period and 50‑period Exponential Moving Averages (EMAs).

The volume‑weighted average price (VWAP) confirms underlying demand near 184.31. A 14‑day Relativeա Strength Index (RSI) that hovers around 51 signals a neutral‑to‑firm upward momentum as the spot price consolidates above key dynamic support levels.

Daily chart analysis places EUR/JPY within a symmetrical triangle, indicating that buyers and sellers are increasingly aggressive, compressing price into a tightening range with no clear side in control. This establishes a temporary balance of power.

A further rise would push EUR/JPY toward the triangle’s upper vertex at roughly 185.90. A breakout above the triangle would launch a bullish rally, taking the pair back toward the all‑time high of 187.95, reached on 17 April.

On the downside, resistance lies at the 50‑day EMA of 184.91, followed by the 9‑day EMA at 184.71. A downward move beyond these levels would reveal the triangle’s lower boundary at approximately 183.60, preceding the four‑month low of 181.87 recorded on 16 March and the six‑month low of 180.81.

Euro Price Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was themethod most to the New Zealand Dollar.

щё

USDEURGBPJPYCADAUDNZDCHFUSD 0.02% 0.05% 0.29% 0.07% 0.13% 0.37% 0.11% EUR -0.02% 0.03% 0.26% 0.05% 0.12% 0.38% 0.09% GBP -0.05% -0.03% 0.22% -0.02% 0.04% 0.32 kekere JPY -0.29% -0.260% -0.22% -0.23% -0.16% 0.06% -0.12% CAD -0.07% -0.05% 0.02% 0.23% 0.05% 0.31% 0.07% AUD -0.13% -0.12% -0.04% 0.16% -0.05% 0.26% 0.04% NZD -0.37% -0.38% -0.32%istine -0.06% -0.31% -0.26% -0.26% CHF -0.11% -0.09% -0.07% 0.12% -0.07% -0.04% 0.26% 

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, whileИД 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).

Source link