{
  "id": 10601298,
  "title": "EUR/JPY Price Forecast: Slips below 179.00 as bearish bias prevails",
  "url": "https://urgent.news/2026/09/29/eur-jpy-price-forecast-slips-below-179-00-as-bearish-bias-prevails",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T03:41:09.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/eur-jpy-price-forecast-slips-below-17900-as-bearish-bias-prevails-202609290341"
  },
  "original_language": "en",
  "account": "EUR/JPY dipped below 179.00 as bearish sentiment continued to dominate on Tuesday, remaining under both short- and medium-term moving averages. This decline follows three days of subdued trading, with the pair confined within a descending channel pattern. Analysts at Rabobank noted a decrease in JPY net longs, suggesting a loss of confidence in the Japanese currency. The EUR/JPY pair may continue its downward trend, targeting the lower boundary of the descending channel at 176.90 and potentially reaching an 11-month low of 175.70. A break above the 9-day EMA at 179.55 could signal a bullish reversal, with the 50-day EMA serving as further resistance at 182.01.",
  "summary": "EUR/JPY remains subdued for the third successive day, trading around 178.80 during Asian hours on Tuesday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel pattern.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD holds onto losses below $61 ahead of US Job Openings data",
        "url": "https://urgent.news/2026/09/29/silver-price-forecast-xag-usd-holds-onto-losses-below-61-ahead-of-us",
        "published": "2026-09-29T03:18:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}