EUR/JPY PRICE ANALYSIS: The euro is stabilized about 162.00 while the technical perspective remains mixed

• The Eurjpy quotes near the 162.00 zone, stabilizing before the Asian session.
• Mixed signals are dominated, with a weak short term impulse and a broader still favorable trend.
• The resistance is about 162.30 and 162.50; The support is observed around 161.70 and 161.20.

It was observed that the Eurjpy pair quoted near the 162.00 area on Thursday, staying stable before the Asian session after a slightly agitated European trading day. The pair remains confined within a relatively narrow daily range, which suggests that investors are waiting for a new catalyst before advancing in any direction.

From a technical perspective, the configuration remains mixed. The relative force index is in neutral territory, while the MACD prints a weak sales signal. The stochastic RSI and the average directional index also remain off, reflecting a limited impulse and force of tendency in the short term.

However, long -term mobile socks continue to support the bullish structure. The 100 -day and 200 -day SMAs continue to point up, although the 20 -day SMA begins to flatten, which suggests a possible consolidation. The Ichimoku baseline is just below the current price levels, offering an attempt area.

The immediate support is observed in 161.70, followed by 161.20. On the positive side, resistance levels are found in 162.30, 162.50 and then 162.85.

In general, although EURJPY is quoting near the upper end of its recent range, the torque needs a decisive thrust backed by impulse to validate greater rise. Until then, operators can continue to see an action within the range.