EUR/JPY Price Forecast: Eyes nine-day EMA barrier near 180.00

EUR/JPY Price Forecast: Eyes nine-day EMA barrier near 180.00

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-eyes-nine-day-ema-barrier-near-18000-202609280422
Published: Sep 28, 2026 12:22 AM

EUR/JPY gains ground after registering modest losses the previous day, trading around 179.70 during Asian hours on Monday. Technical analysis of the daily chart shows that the currency cross continues to trade within a descending channel pattern, pointing to a persistent bearish outlook.

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.