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fxAug 10, 2026, 7:32 AM

EUR/JPY Holds Above 9-Day EMA Near 183.00, Capped by 50-Day EMA

EUR/JPY edges higher on Monday, trading around 183.10 after recovering from prior losses. The pair finds support at the nine-day EMA but remains below the 50-day EMA, suggesting a capped tone.

EURJPY

EUR/JPY inched up during European trading on Monday, hovering near 183.10 after a dip in the previous session. The pair managed to stay above its nine-day exponential moving average (EMA), which offered short-term support.

However, upside momentum appears limited as the cross trades below its 50-day EMA, reinforcing a capped bias. The technical setup points to a tug-of-war between near-term buyers defending the nine-day EMA and the broader selling pressure reflected by the 50-day EMA.

Source: FXStreet Forex News