Medium Impact EURJPY EUR EU

EUR/JPY Price Forecast: Remains below 177.00 as bearish bias prevails

Published Oct 13, 2026 12:08 AM Last updated Oct 13, 2026 6:00 AM Source: EODHD Event Time: Oct 13, 2026 12:08 AM
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This market news item includes source data powered by EODHD.

EUR/JPY Price Forecast: Remains below 177.00 as bearish bias prevails

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-remains-below-17700-as-bearish-bias-prevails-202610130408
Published: Oct 13, 2026 12:08 AM

EUR/JPY loses ground for the second successive day, trading around 176.90 during Asian hours on Tuesday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias.

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.
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