EURJPY London briefing — 2026-10-28

BIAS BEARISH. D1 + H4 + H1 EMA alignment, H4 and H1 fair value gaps, and D1 structure all confirm downside bias. KEY LEVELS R: 176.00, 179.33 | S: 175.50, 175.10 NEWS 🟡 Foreign Bond Investment (JPY) Wed 23:50 UTC 🟡 Foreign Investment in Japan Stocks (JPY) Wed 23:50 UTC 🟡 Consumer Confidence Index (JPY) Thu 05:00 UTC SESSION OUTLOOK London session opens near support; watch for break below 175.50. Low-impact JPY data may trigger micro-volatility into Asia overlap.

Key Levels

R: 176.000 · 179.331

S: 175.500 · 175.101