EUR/JPY Forecast: Trade Tensions Spark Panic Selloff – 20 January 2026
The euro rebounded against the Japanese yen on Monday after an initial panic selloff, with strong support at 183 and a bullish trend targeting 186.

The euro rebounded against the Japanese yen on Monday after an initial panic selloff, with strong support at 183 and a bullish trend targeting 186.
The US dollar recovered against the yen on Monday as risk sentiment stabilized, with buyers returning near 158 and eyes turning to a potential move toward 160.
Gold (XAU/USD) attracts some buyers for the second consecutive day and touches a fresh record high during the Asian session on Tuesday on the back of sustained safe-haven demand.
EUR/USD manages to leave behind part of its recent steep retracement soon afterwards, confronting its key 200-day SMA. This level remains critical for now, as a break below it could open the taps for extra pullbacks.
Spot Gold surged to an all-time high of $4,690 a troy ounce at the weekly opening, fueled by fresh tensions between the United States (US) and Europe.
AUD/USD keeps its sidelined trade in place amid the widespread improvement in the risk-associated universe, refocusing its attention on the 0.6700 hurdle and above.