The price of the euro against the yen is catching its breath - today’s forecast 8/19/2026

Market Outlook · Rami Hadad · August 19, 2026

The price of the euro against the yen is catching its breath - today’s forecast 8/19/2026

The pair's price has maintained its fluctuation since yesterday's trading below the stable obstacle at 184.90, forcing it to form some corrective trades by settling near 184.55. We would like to remind you that the bullish scenario will remain valid based on repeated stability above the 183.15 level, but the conflict of the main indicators currently may force the price to form more corrective trades, which in turn may target the 184.15 and 183.75 levels, respectively.

As for the success of the price by gaining it

For positive momentum and exceeding the level of 184.90, this will enhance the chances of it resuming the upward attack, let us recall the positioning of additional targets near the level of 185.45 and 185.95, respectively.

The pair's price ended the recent bullish surge by presenting a new close below the stable barrier at 216.35. We note that it was affected by the exit of the Stochastic indicator from the overbought level and its formation of some corrective waves to settle near 215.65.

The index price is still under the influence of the downward corrective path

As a result of its repeated negative stability below the stable barrier at 7825.00, we will notice the formation of several descending waves to attack the initial stable support at 7700.00.

The platinum price formed some negative waves in yesterday's trading, affected by the repeated negative stability below the stable resistance at $1785.00, in addition to presenting the main indicators of negative momentum. We note that it is currently approaching the first negative target stable at $1685.00.

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