EUR/JPY Price Analysis: Increasing bets for a move to 142.00 and above

EUR/JPY extends the rebound past the 141.00 mark on Tuesday.
Immediately to the upside comes the 142.30 zone.

Pablo Piovano FXStreet

EUR/JPY accelerates gains and trespasses the 141.00 barrier, or multi-week highs, on Tuesday.

Extra gains in the cross remains favoured for the time being, with the next target now emerging at the weekly top at 142.32 (July 21) ahead of the 2022 peak at 144.27 (June 28).

While above the 200-day SMA at 134.60, the prospects for the pair should remain constructive.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	141
Today Daily Change	196
Today Daily Change %	0.97
Today daily open	139.64

Trends
Daily SMA20	137.61
Daily SMA50	138.38
Daily SMA100	138.45
Daily SMA200	134.58

Levels
Previous Daily High	139.67
Previous Daily Low	138.69
Previous Weekly High	140.75
Previous Weekly Low	137.04
Previous Monthly High	139.73
Previous Monthly Low	133.4
Daily Fibonacci 38.2%	139.3
Daily Fibonacci 61.8%	139.07
Daily Pivot Point S1	139
Daily Pivot Point S2	138.36
Daily Pivot Point S3	138.02
Daily Pivot Point R1	139.98
Daily Pivot Point R2	140.31
Daily Pivot Point R3	140.95

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

EUR/USD recovers further from one-month low set on Friday, eyes mid-1.1800s on weaker USD

The EUR/USD pair is seen building on Friday's late recovery from the 1.1750-1.1740 region, or a nearly one-month trough, and gaining some follow-through positive traction at the start of a new week. The momentum lifts spot prices to the 1.1835 area during the Asian session and is sponsored by a broadly weaker US Dollar.

GBP/USD gathers strength above 1.3500 amid tariff confusion

The GBP/USD pair gains traction to around 1.3520 during the early Asian session on Monday. The US Dollar faces some selling pressure against the Cable as tariff uncertainty lingers. Traders will take more cues from the US Producer Price Index report for January, which will be published later on Friday.

Gold rallies above $5,150 as Trump’s tariffs boost haven demand

Gold price extends the rally above $5,150 in the Asian session on Monday. The precious metal extends the rally amid US President Donald Trump’s tariff threats and uncertainty, which boost safe-haven flows. US-Iran geopolitical risks also linger, supporting the Gold price upside.

Week ahead: Markets brace for heightened volatility as event risk dominates

Dollar strength dominates markets as risk appetite remains subdued. A Supreme Court ruling, geopolitics and Fed developments are in focus. Pivotal Nvidia earnings on Wednesday as investors question tech sector weakness. Yen and aussie diverge; both pound and euro could recoup their losses.

Liberation day take two, the tariff machine just changed gears

Let me caveat this from the outset. What we are watching is first-order mechanics, not the grand macro endgame. This is the market’s immediate reflex to a 15% Trump tariff levy dressed up as judicial drama. The Supreme Court blocked Trump tarrif hammer. The White House came back with a scalpel.

Ripple bulls defend key support amid waning retail demand and ETF inflows

XRP ticks up above $1.40 support, but waning retail demand suggests caution. XRP attracts $4 million in spot ETF inflows on Thursday, signaling renewed institutional investor interest.