EUR/JPY Price Forecast: Eyes rising wedge top at 187.00

Published Jul 28, 2026 11:34 PM Last refreshed Jul 29, 2026 9:48 AM Source: EODHD Event Time: Jul 28, 2026 11:34 PM

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EUR/JPY Price Forecast: Eyes rising wedge top at 187.00

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-eyes-rising-wedge-top-at-18700-202607290334
Published: Jul 28, 2026 11:34 PM

EUR/JPY moves little after registering modest gains in the previous day, trading around 186.60 during the Asian hours on Wednesday. The currency cross is maintaining a bullish near-term tone as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).

Market context: This update is relevant to EUR traders, with EURJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.