EUR/JPY Price Forecast: Breaks below 179.50 as bearish bia...

EUR/JPY Price Forecast: Breaks below 179.50 as bearish bias prevails

Published Aug 03, 2026 1:11 AM Last refreshed Aug 03, 2026 2:00 AM Source: EODHD Event Time: Aug 03, 2026 1:11 AM

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EUR/JPY Price Forecast: Breaks below 179.50 as bearish bias prevails

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-breaks-below-17950-as-bearish-bias-prevails-202608030511
Published: Aug 03, 2026 1:11 AM

EUR/JPY extends its gains for the third successive day, trading around 179.40 during the Asian hours on Monday. The currency cross is extending a bearish near-term tone as price holds beneath both the nine-period and 50-period Exponential Moving Averages (EMAs).

Market context: This update is relevant to EUR traders, with EURJPY as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.