EUR/JPY Forecast: Looking for Momentum – 21 October 2025
EUR/JPY is pulling back from the ¥176 level but remains in a long-term uptrend, with support at the gap near ¥173.25 and the rising 50-day EMA around ¥174.22.

EUR/JPY is pulling back from the ¥176 level but remains in a long-term uptrend, with support at the gap near ¥173.25 and the rising 50-day EMA around ¥174.22.
GBP/USD trades quietly near the midpoint of its consolidation range, with traders watching for a breakout as questions remain about the dollar’s next move.
Bitcoin rallied above $110,000 on Monday, rebounding from the 200-day EMA, with a potential breakout above $114,000 opening the door to $123,000.
The US dollar climbed against the Canadian dollar on Monday, testing the key 1.40 resistance as market sentiment remains bullish amid economic divergence.
GBP/JPY consolidates near ¥202 following volatile sessions, with key support at ¥200 and resistance at ¥204–¥205, while the bullish trend and positive carry continue to attract buyers.
MicroStrategy’s Monday surge lost steam quickly, with technical weakness, fading Bitcoin correlation, and bearish momentum suggesting further declines ahead.