Medium Impact EURJPY EUR EU

EUR/JPY Price Forecast: Trades near 178.50 after rebounding from descending channel bottom

Published Sep 14, 2026 12:09 AM Last updated Sep 14, 2026 1:01 AM Source: EODHD Event Time: Sep 14, 2026 12:09 AM
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This market news item includes source data powered by EODHD.

EUR/JPY Price Forecast: Trades near 178.50 after rebounding from descending channel bottom

Source: EODHD - https://www.fxstreet.com/news/eur-jpy-price-forecast-trades-near-17850-after-rebounding-from-descending-channel-bottom-202609140409
Published: Sep 14, 2026 12:09 AM

EUR/JPY gains ground after registering losses in the previous day, trading around 178.30 during Asian hours on Monday. Technical analysis of the daily chart indicates the currency cross remains within the descending channel pattern, signalling 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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