EUR/JPY Price Forecast: Softens to near 179.00, bearish bias remains intact below 100-day SMA

EUR/JPY Price Forecast: Softens to near 179.00, bearish bias remains intact below 100-day SMA

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-softens-to-near-17900-bearish-bias-remains-intact-below-100-day-sma-202609110441
Published: Sep 11, 2026 12:41 AM

The EUR/JPY cross trades in negative territory around 179.10 during the early European session on Friday. The expectation of a Bank of Japan (BoJ) rate hike next week provides some support to the Japanese Yen (JPY) against the Euro (EUR).

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.