EURJPY London briefing — 2026-10-09

BIAS BEARISH. Trend vote (D1 + EMA H4 + EMA H1) drives direction despite neutral RSI and bullish FVGs on shorter timeframes. KEY LEVELS R: 178.00, 181.50 | S: 177.50, 176.20 NEWS 🟡 ECB Cipollone (10:15 UTC) 🟡 ECB Schnabel (13:30 UTC) 🔴 CFTC EUR NC Positions (19:30 UTC) SESSION OUTLOOK London opens into ECB rhetoric risk; watch 177.50 hold as bears test support. FVG bullish divergence may cap downside attempts.

Key Levels

R: 178.000 · 181.498

S: 177.500 · 176.201