EURJPY Asia briefing — 2026-10-05

BIAS BEARISH. D1 + H4 + H1 EMA alignment and H4 fair value gaps dominate; liquidity sweep of lows and bullish H1 FVGs present minor counter-signals. KEY LEVELS R: 178.00, 181.50 | S: 177.50, 176.51 NEWS 🟡 Jibun Bank Services PMI (JPY) 00:30 UTC 🟡 Consumer Confidence Index (JPY) 05:00 UTC 🟡 ECB Nagel speech (EUR) 07:45 UTC SESSION OUTLOOK Watch Asia open reaction to Japanese data. Nagel speech may spark EUR volatility; monitor support holds near 177.50 for conviction.

Key Levels

R: 178.000 · 181.498

S: 177.500 · 176.514