The EUR/JPY currency pair experienced a drop for the second consecutive day, trading near 183.00 during early European hours on Friday. A look at the daily chart reveals that it remains below both the 9-period and 50-period exponential moving averages (EMAs), which suggests a short-term bearish sentiment for this currency cross.
Having retreated from its recent peak, the EUR/JPY seems to be losing some momentum, with the 14-day Relative Strength Index (RSI) dipping toward neutral territory at 40.9. This indicates that while there is downward pressure, the market hasn’t reached an oversold state just yet.
On the downside, the pair might find some initial support around the 10-week low of 181.87, which was last noted on March 16. There’s also a significant level around a five-month low of 180.81, hit on February 12.
Conversely, the EUR/JPY could bounce back towards the 50-day EMA at 184.97, followed by the 9-day EMA at 185.59. If it can maintain a rise above both the medium-term and short-term averages, a bullish trend might emerge, potentially allowing the currency cross to reach closer to the all-time high of 187.95 established on April 17.
(The technical analysis in this story was written with the help of AI tools.)
today’s euro price
The table below shows the percentage change of the Euro (EUR) against the major listed currencies today. The euro was the cheapest against the Japanese yen.
| USD | EUR | GBP | JPY | CAD | australian dollar | new zealand dollar | swiss franc | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.05% | -0.06% | -0.33% | -0.01% | 0.03% | 0.20% | -0.03% | |
| EUR | 0.05% | -0.02% | -0.26% | 0.02% | 0.09% | 0.23% | 0.01% | |
| GBP | 0.06% | 0.02% | -0.23% | 0.05% | 0.10% | 0.27% | 0.05% | |
| JPY | 0.33% | 0.26% | 0.23% | 0.27% | 0.31% | 0.44% | 0.25% | |
| CAD | 0.00% | -0.02% | -0.05% | -0.27% | 0.03% | 0.19% | 0.00% | |
| australian dollar | -0.03% | -0.09% | -0.10% | -0.31% | -0.03% | 0.15% | -0.05% | |
| new zealand dollar | -0.20% | -0.23% | -0.27% | -0.44% | -0.19% | -0.15% | -0.20% | |
| swiss franc | 0.03% | -0.01% | -0.05% | -0.25% | -0.00% | 0.05% | 0.20% |
The heat map shows the percentage change between major currencies. The base currency is selected from the left column and the quote currency is selected from the top row. For instance, if you select EUR from the left column and trace over to USD on the horizontal line, the percentage change displayed represents EUR (Base)/USD (Quote).
