{
  "id": 8879248,
  "title": "EUR/JPY Price Forecast: Trades near 180.50 after breaking above nine-day EMA",
  "url": "https://urgent.news/2026/09/21/eur-jpy-price-forecast-trades-near-180-50-after-breaking-above-nine",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-21T07:53:48.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/eur-jpy-price-forecast-trades-near-18050-after-breaking-above-nine-day-ema-202609210753"
  },
  "original_language": "en",
  "account": "EUR/JPY has continued its upward trend for two days straight, reaching around 180.40 during European trading hours on Monday. Technical analysis of the daily chart indicates a bearish outlook for the currency pair, as it remains below the 50-day Exponential Moving Average (EMA) and maintains proximity to the nine-day EMA. This setup suggests that the pair is consolidating within a descending channel, with medium-term trend resistance present. The 14-day Relative Strength Index (RSI) stands at 43.32, indicating relatively weak momentum and limiting the potential for an immediate bullish reversal unless the currency pair can regain the 50-day EMA. EUR/JPY may experience a pullback, testing the nine-day EMA at 179.83. A break below this short-term average could reinforce the bearish bias, pushing the currency pair lower towards 177.40, and eventually approaching the 11-month low of 175.70. Conversely, if the EUR/JPY crosses rises, it could target the 50-day EMA at 182.65. The primary resistance lies at the upper end of the descending channel around 185.00, followed by the all-time high of 187.95 set on April 17.",
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "AUD/USD Price Forecast: Holds comfortably above 0.7100 as bulls await Trump-Xi meeting",
        "url": "https://urgent.news/2026/09/21/aud-usd-price-forecast-holds-comfortably-above-0-7100-as-bulls-await",
        "published": "2026-09-21T03:09:20.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}