EURJPY chart analysis today

EURJPY is coiling inside a rising wedge with no clear trend after the weekly uptrend broke. It poked below the wedge this bar without closing there. 186.418 ends the wedge, 184.956 resumes the fall.

Eur/jpy · daily · last close 184.983 · read computed from candles through 2026-09-02. No AI, no signal, no target.

EURJPY · Dailydaily
178.684181.168183.652186.136188.620Resistance 187.633 · 3 touchesSupport 182.642 · 7 touchesRISING WEDGEBreaks above 186.418Breaks below 184.956Weekly resistance 186.748

The two prices that decide it

Above
186.418 · the rising wedge
Below
184.956 · the rising wedge
Formation state
Poked below 184.956 this bar without closing there. Still forming.
Trend
no clear directional structure — highs and lows are mixed
Agreement
Structure 2 of 4 (mixed) · indicators 0 of 3 (low)

Levels and what happened there

  • Resistance 187.633
  • Support 182.642
  • The last three times price reached 187.633 it held every time, bouncing 3.4% on average.
  • The last seven times price reached 182.642 it held 5 times, bouncing 2.2% on average, and broke through twice.
  • Bigger picture Weekly uptrend broken, daily coiling. weekly — the uptrend broke, nearest resistance 186.748, rising wedge at 183.730. Warning: the weekly uptrend broke 6 weeks ago, so the bigger chart is no longer backing a rise.
  • 52 weeks 1.6% below its 52-week high of 187.935 and 7.4% above its 52-week low of 172.269.

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This page is the daily read as of 2026-09-02, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-02 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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