Why EUR/JPY Bulls Are Suddenly Hitting a Wall at 185.00—and What It Means for Your Next Move
You ever wonder why the EUR/JPY seems to have hit a bit of a speed bump right when things were looking up? Two days of gains sound like a good streak, right? But come Tuesday, buyers just couldn’t muster the juice to push beyond that stubborn resistance zone near 184.70—talk about hitting the wall! The currency pair’s holding tight, hovering close to its opening price at 184.69, like it’s stuck in a tug-of-war between ambition and caution. Now, here’s where it gets interesting: with the 50- and 100-day Simple Moving Averages lining up like a buzzsaw around 184.72/73, coupled with a spicy bullish hint from the 50-day SMA, there’s a real shot this cross might bulldoze past the 200-day SMA lurking below at 184.05. Break that barrier, and the next frontier is 185.00, setting the stage for an eye on the July 29 peak at 187.47. But hey, if it slips beneath support levels, there’s a slippery slide down to 182.05 and even 179.37 waiting in the wings. It’s a dance on a razor’s edge, and as someone who’s watched markets shift faster than the latest Google update, this is the kind of setup that demands a keen eye and a ready strategy. Curious to see where the winds will blow next? LEARN MORE
The EUR/JPY registers two consecutive days of gains, but on Tuesday, buyers failed to gain traction as they faced a confluence of key resistance levels near the 184.70 area. The cross-pair is poised to end the day unchanged, near its opening price of 184.69.
EUR/JPY Price Forecast: Technical Outlook
The cross is approaching the confluence of the 50- and 100-day Simple Moving Averages (SMAs) at around 184.72/73, with the 50-day SMA showing strong bullish momentum that could carry EUR/JPY past the 200-day SMA, which sits below the current spot price at 184.05.
A decisive break above the confluence of the 50- and 100-day SMAs opens the door to challenge 185.00. Once surpassed, the uptrend gains relevance, with traders eyeing the next cycle high at 187.47, the July 29 high.
On the flip side, the first support for EUR/JPY is the 200-day SMA at 184.05. Once surpassed, the next area of interest would be the May 6 swing low of 182.05, followed by the August 3 low of 179.37.
EUR/JPY Price Chart – Daily

Japanese Yen Price Today
The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.03% | 0.06% | 0.08% | 0.16% | 0.30% | 0.43% | 0.18% | |
| EUR | -0.03% | 0.04% | 0.06% | 0.13% | 0.26% | 0.40% | 0.15% | |
| GBP | -0.06% | -0.04% | 0.00% | 0.13% | 0.25% | 0.38% | 0.13% | |
| JPY | -0.08% | -0.06% | 0.00% | 0.09% | 0.22% | 0.36% | 0.11% | |
| CAD | -0.16% | -0.13% | -0.13% | -0.09% | 0.14% | 0.28% | 0.02% | |
| AUD | -0.30% | -0.26% | -0.25% | -0.22% | -0.14% | 0.13% | -0.11% | |
| NZD | -0.43% | -0.40% | -0.38% | -0.36% | -0.28% | -0.13% | -0.24% | |
| CHF | -0.18% | -0.15% | -0.13% | -0.11% | -0.02% | 0.11% | 0.24% |
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 Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote).




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