Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Forex

EUR/JPY Rebounds from Eight-Month Highs Amid Dominant Downside Momentum

Guavy AI Editorial Team
Instruments
EUR JPY
Share

The EUR/JPY currency cross is trading near 181.50 after rebounding from eight-month highs, but its bearish tone remains intact.

The 14-day Relative Strength Index (RSI) at 32.97 signals dominant downside momentum, and the initial support lies at the eight-month low of 179.37 reached on August 3.

Rabobank strategists highlight that JPY net shorts had climbed to their highest levels since 2024 last week, just before the concerted intervention from the MoF and the US Treasury to stem the weakness in the JPY.

More on Forex

Forex 1m ago

Dollar Stabilizes Amid Fading Middle East Hopes, Crude Prices Rebound

Forex 1m ago

EUR/USD Seeks Breakthrough at Key Resistance

Forex 1m ago

Azerbaijan's Central Bank Releases August Currency Exchange Rates

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy