EUR/JPY Price Forecast: Gains ground below 177.50, but stays bearish below 100-day SMA

EUR/JPY Price Forecast: Gains ground below 177.50, but stays bearish below 100-day SMA

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-gains-ground-below-17750-but-stays-bearish-below-100-day-sma-202610140451
Published: Oct 14, 2026 12:51 AM

The EUR/JPY cross trades in positive territory around 177.30 during the early European trading hours on Wednesday. The Japanese Yen (JPY) edges lower against the Euro (EUR) on a cautious Bank of Japan (BoJ) rate 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.