EUR/JPY Price Forecast: Tests nine-day EMA barrier after rebounding above 179.00

Published Oct 01, 2026 12:44 AM Last updated Oct 01, 2026 4:00 AM Source: EODHD Event Time: Oct 01, 2026 12:44 AM

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EUR/JPY Price Forecast: Tests nine-day EMA barrier after rebounding above 179.00

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-tests-nine-day-ema-barrier-after-rebounding-above-17900-202610010444
Published: Oct 01, 2026 12:44 AM

EUR/JPY halts its four-day losing streak, trading around 179.20 during Asian hours on Thursday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel pattern. This continuous formation reinforces a persistent bearish outlook for the pair.

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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