EUR/JPY Price Analysis: Above 144.00 comes the 2022 high

EUR/JPY extends the sharp bounce beyond the 143.00 mark.
The breakout of 144.04 should open the door to the YTD high.

Pablo Piovano FXStreet

EUR/JPY remains well bid and trades in multi-session peaks above the 143.00 yardstick on Tuesday.

The continuation of the rebound from last week’s lows remains well in place for the time being. That said, if the cross breaks above the weekly top at 144.04 (September 20), it could then challenge the 2022 peak at 145.63 (September 12).

In the meantime, while above the key 200-day SMA at 135.97, the constructive outlook for the cross should remain unchanged.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	143.13
Today Daily Change	119
Today Daily Change %	0.79
Today daily open	142.01

Trends
Daily SMA20	142.13
Daily SMA50	139.26
Daily SMA100	139.5
Daily SMA200	135.94

Levels
Previous Daily High	142.46
Previous Daily Low	141.37
Previous Weekly High	142.29
Previous Weekly Low	137.38
Previous Monthly High	145.64
Previous Monthly Low	137.38
Daily Fibonacci 38.2%	142.05
Daily Fibonacci 61.8%	141.79
Daily Pivot Point S1	141.43
Daily Pivot Point S2	140.86
Daily Pivot Point S3	140.34
Daily Pivot Point R1	142.53
Daily Pivot Point R2	143.04
Daily Pivot Point R3	143.62

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 sticks to positive bias above 1.1800 as trade jitters undermine USD

The EUR/USD pair builds on the previous day's modest gains and attracts some buyers for the second straight day on Thursday amid a softer US Dollar. Spot prices, however, lack bullish conviction and trade around the 1.1815-1.1820 area during the Asian session, up 0.10% for the day.

GBP/USD extends recovery to near 20-day EMA as US Dollar weakens

The Pound Sterling holds onto weekly gains around 1.3565 against the US Dollar during the Asian trading session on Thursday. The GBP/USD pair trades firmly as the US Dollar remains under pressure due to uncertainty surrounding the United States trade policy outlook.

Gold struggle with $5,200 extends ahead of more US-Iran talks

Gold is replicating the recovery moves seen in Wednesday’s Asian trading early Thursday, as buyers continue to flirt with the $5,200 level. Sustained US Dollar weakness and looming US-Iran talks aid the bright metal’s rebound.

Michael Saylor unveils Bitcoin-backed "Digital Credit" vision at Strategy World

Strategy CEO Michael Saylor delivered a keynote titled "Digital Credit" on Tuesday at Strategy World, positioning Bitcoin as the foundation of a new financial system built on what he described as "digital capital."

Nvidia delivers another monster earnings report, and forecasts big things to come

It was another monster earnings report from Nvidia for fiscal Q4. Revenues were $68.1bn, smashing estimates of $65bn. Gross profit margin was a healthy 75%, up from 73.5% in the prior quarter, and the outlook for this quarter was monstrous.

Cosmos Hub Price Forecast: ATOM rebounds slightly, bearish outlook remains intact

Cosmos Hub (ATOM) price rebounds, trading above $2.05 at the time of writing on Wednesday, after undergoing a sharp correction since last week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.