EURJPY London briefing — 2026-10-14

BIAS BEARISH. Daily structure + H4 EMA + H1 EMA combined vote downside; H4 fair value gaps reinforce lower bias despite H1 bullish FVG. KEY LEVELS R: 177.5 | 181.498 | S: 177.0 | 176.201 NEWS 🔴 Lagarde speech 08:30 UTC 🟡 Elderson speech 08:00 UTC 🟡 Escrivá speech 09:20 UTC SESSION OUTLOOK ECB speakers dominate. Watch for JPY strength and EUR reaction; bias targets support on any dip.

Key Levels

R: 177.500 · 181.498

S: 177.000 · 176.201