{
  "id": 10851724,
  "title": "EUR/JPY Price Forecast: Slips below 178.00 as bearish bias strengthens",
  "url": "https://urgent.news/2026/09/30/eur-jpy-price-forecast-slips-below-178-00-as-bearish-bias-strengthens",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T04:08:26.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/eur-jpy-price-forecast-slips-below-17800-as-bearish-bias-strengthens-202609300408"
  },
  "original_language": "en",
  "account": null,
  "summary": "The EUR/JPY currency cross is currently trading around 177.70, having slipped below the 178.00 level as bearish bias strengthens. Technical analysis indicates that the pair is confined within a descending channel pattern, with the short-term Exponential Moving Average (EMA) staying under the longer-term EMA, suggesting a capped price ceiling. The 14-day Relative Strength Index (RSI) at 31.77 hints that selling pressure may be slowing, but not reversing decisively. Analysts at Scotiabank note that the Japanese Yen has been a standout performer in G10 trading, driven by comments from Japan's Vice Minister for International Affairs, Atsushi Mimura, who urged market participants to heed recent warnings from Japanese officials. The Bank of Japan's (BoJ) ultra-loose monetary policy, implemented in 2013 to stimulate the economy and fuel inflation, has contributed to the Yen's depreciation against major currency peers.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD hangs near eight-week low; bears retain control near $61.00",
        "url": "https://urgent.news/2026/09/30/silver-price-forecast-xag-usd-hangs-near-eight-week-low-bears-retain",
        "published": "2026-09-30T04:09:35.000Z"
      }
    ]
  },
  "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."
}