EUR/JPY Price Forecast: Slips below 178.50 within oversold territory

Published Sep 08, 2026 1:49 AM Last updated Sep 08, 2026 3:00 AM Source: EODHD Event Time: Sep 08, 2026 1:49 AM

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EUR/JPY Price Forecast: Slips below 178.50 within oversold territory

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-slips-below-17850-within-oversold-territory-202609080549
Published: Sep 08, 2026 1:49 AM

EUR/JPY loses ground for the second consecutive day, trading around 178.40 during the Asian hours on Tuesday. Technical analysis of the daily chart indicates the currency cross remains within the descending channel pattern, signalling a 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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