EUR/JPY continues to rise for the second day in a row, reaching a level of around 184.90 on Monday during Asian hours. The pair maintains a subtle bullish bias as it consolidates above the nine-day and 50-day exponential moving averages (EMAs), which are clustering just below the mid-184s price and strengthening the nearby demand zone.
Moreover, the 14-day Relative Strength Index (RSI) is trading near the 50 line, indicating neutral but stabilizing momentum that could allow the stock to continue to rise while these short- and medium-term trend indicators remain supported.
However, technical analysis of the daily chart indicates that the EUR/JPY cross rate is still moving sideways within a descending channel formation, indicating a continued bearish trend. A sustained break above the channel would confirm a bearish trend.
Immediate resistance is located at the upper border of the channel around 185.10. Further progress will support EUR/JPY as it explores the region near the all-time high of 187.95 recorded on April 17.
Immediate support is the 50-day EMA at 184.85, followed by the nine-day EMA at 184.79. A break below these moving averages would put downward pressure on the EUR/JPY cross to circle the region near the three-month low of 181.87 recorded on March 16, followed by the five-month low of 180.81 that was reached on February 12.
(The technical analysis for this story was written with the facilitate of an AI tool.)
Price in euro today
The table below shows the current percentage change of the euro (EUR) against the main listed currencies. The euro was strongest against the US dollar.
| USD | EUR | GBP | JPY | BOOR | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.35% | -0.40% | -0.27% | -0.17% | -0.59% | -0.51% | -0.36% | |
| EUR | 0.35% | -0.06% | 0.07% | 0.16% | -0.27% | -0.17% | -0.03% | |
| GBP | 0.40% | 0.06% | 0.15% | 0.22% | -0.20% | -0.11% | 0.02% | |
| JPY | 0.27% | -0.07% | -0.15% | 0.09% | -0.37% | -0.29% | -0.16% | |
| BOOR | 0.17% | -0.16% | -0.22% | -0.09% | -0.43% | -0.35% | -0.23% | |
| AUD | 0.59% | 0.27% | 0.20% | 0.37% | 0.43% | 0.08% | 0.21% | |
| NZD | 0.51% | 0.17% | 0.11% | 0.29% | 0.35% | -0.08% | 0.12% | |
| CHF | 0.36% | 0.03% | -0.02% | 0.16% | 0.23% | -0.21% | -0.12% |
The heat map shows the percentage changes of the major currencies relative to each other. The base currency is selected from the left column and the quote currency from the top row. For example, if you select Euro from the left column and move along the horizontal line to US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
