EUR/JPY Price Analysis: Further gains likely above 142.00

EUR/JPY rebounds from recent tops and trespasses 144.00.
Extra upside remains on the cards above the 4-month support line.

Pablo Piovano FXStreet

EUR/JPY manages to leave behind two daily declines in a row and briefly breaks above the 144.00 barrier on Wednesday.

In case bulls push harder, the door could open to a potential test of the weekly high at 146.13 (November 23) in the short-term horizon. While above the 4-month support line near 142.00, the near-term outlook for the cross is expected to remain positive.

In the longer run, the cross should keep the bullish view unaltered above the 200-day SMA, today at 138.96.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	143.84
Today Daily Change	93
Today Daily Change %	0.37
Today daily open	143.31

Trends
Daily SMA20	144.95
Daily SMA50	144.2
Daily SMA100	141.67
Daily SMA200	138.93

Levels
Previous Daily High	144.03
Previous Daily Low	143.02
Previous Weekly High	146.14
Previous Weekly Low	143.65
Previous Monthly High	148.4
Previous Monthly Low	140.9
Daily Fibonacci 38.2%	143.4
Daily Fibonacci 61.8%	143.64
Daily Pivot Point S1	142.88
Daily Pivot Point S2	142.44
Daily Pivot Point S3	141.87
Daily Pivot Point R1	143.88
Daily Pivot Point R2	144.46
Daily Pivot Point R3	144.89

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.

GBP/USD defends 1.3300 after strong UK PMI data

Following Thursday's sharp decline, GBP/USD clings to small gains above 1.3300 in the American session on Friday, supported by the upbeat UK Retail Sales and July PMI data. Nevertheless, the pair's upside remains capped as investors cling to a cautious stance amid a further escalation of tensions in the Middle East. The US July PMI data failed to trigger relevant price action.

EUR/USD remains below 1.1400 after mixed US PMIs

EUR/USD pressures daily lows below the 1.1400 mark in the American session on Friday. Mixed S&P Global PMIs, as manufacturing output contracted while services activity expanded in July, triggered no relevant market reaction. The focus remains in Middle East developments and inflation-related concerns.

Gold holds above $4,050 but momentum still missing

Gold builds on its modest intraday bounce and climbs above the $4,050 level on Friday, hitting a fresh daily high amid a modest US Dollar pullback. The fundamental backdrop, however, warrants some caution before confirming that the pullback from an over two-week high, touched on Wednesday, has run its course and positioning for any meaningful upside.

Ethereum: Derivatives interest in ETH improves, but signs of caution remain

Ethereum is hovering slightly below the $1,900 level, down 3% on Thursday following a slight expansion in derivatives interest. The top altcoin's open interest has increased to 14.60 million ETH, marking a 600K ETH increase over the past two days and its highest level since June 7.

XRP retreats as ETF interest cools

Ripple (XRP) slides toward the short-term $1.10 support on Friday, as broader crypto market sentiment weighs on crypto assets. The sell-off mainly stems from fears of inflation in the United States (US) amid the ongoing war in the Middle East and rising Oil prices.

US Dollar mid-year outlook: Exceptional currency, exceptional risks?

The US Dollar enters the second half of 2026 in a markedly different position from a year ago. The King currency has recovered, reflecting persistent US inflation, changing expectations for Fed policy, geopolitical tensions and renewed demand for defensive assets.