EURJPY London briefing — 2026-10-15

BIAS BEARISH. Daily structure, H4 EMA, and dual timeframe fair value gaps align downside; H1 divergence creates noise but doesn't override the confluence. KEY LEVELS R: 177.50, 181.50 | S: 177.00, 176.20 NEWS 🟡 Industrial Production s.a. (EUR) Thu 09:00 UTC 🟡 Industrial Production w.d.a. (EUR) Thu 09:00 UTC 🔵 Foreign Bond Investment (JPY) Thu 23:50 UTC SESSION OUTLOOK London opens into EUR data risk; watch 177.00 support hold/break. H4 bearish bias persists if London close holds below resistance.

Key Levels

R: 177.500 · 181.498

S: 177.000 · 176.201