EUR/JPY Price Analysis: Further side-lined trade in store

EUR/JPY maintains the erratic performance above 158.00.
Further consolidation remains well on the table for the time being.

Pablo Piovano FXStreet

EUR/JPY regains upside traction and sets aside Wednesday’s pullback, revisiting the 158.00 hurdle and above on Thursday.

Considering the ongoing performance, further range bound trade appears in the pipeline for the cross in the short-term horizon. In the meantime, the breakout of this range could put the September high of 158.65 (September 13) to the test ahead of the 2023 top at 159.76 (August 30).

So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 150.59.

EUR/JPY daily chart

EUR/JPY

Overview
Today last price	158.39
Today Daily Change	73
Today Daily Change %	0.23
Today daily open	158.02

Trends
Daily SMA20	157.51
Daily SMA50	157.94
Daily SMA100	156.45
Daily SMA200	150.54

Levels
Previous Daily High	158.54
Previous Daily Low	157.69
Previous Weekly High	158.61
Previous Weekly Low	156.51
Previous Monthly High	158.66
Previous Monthly Low	156.58
Daily Fibonacci 38.2%	158.02
Daily Fibonacci 61.8%	158.22
Daily Pivot Point S1	157.63
Daily Pivot Point S2	157.23
Daily Pivot Point S3	156.77
Daily Pivot Point R1	158.48
Daily Pivot Point R2	158.94
Daily Pivot Point R3	159.34

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 softens below 1.1800 on Fed hawkish remarks

The EUR/USD pair edges lower to around 1.1775 during the early Asian session on Wednesday, pressured by a renewed US Dollar demand. Traders await the US President Donald Trump's State of the Union address later on Wednesday for clarity on fiscal policies.

GBP/USD regains 1.3500 and above

GBP/USD extends its advance for the third day in a row on Tuesday, this time retesting the area beyond the 1.3500 hurdle. Cable’s uptick comes despite decent gains in the Greenback and the dovish message from the BoE’s Bailey at the UK Parliament.

Gold stays firm above $5,150 as Trump's delivers State of the Union speech

Gold finds fresh demand and regains the $5,150 level following the previous day's pullback from the monthly peak as traders assess Trump's State of the Union address. Trade-related uncertainties and geopolitical risks seem to act as a tailwind for the safe-haven bullion.

Hyperliquid registers mild gains following CoinShares' ETP launch

Hyperliquid registered a 3% gain on Tuesday after CoinShares announced the launch of its Physical Hyperliquid Staking exchange-traded product, offering investors exposure to the token's price and staking yields.

The Citrini report: How a debatable AI narrative can shake Wall Street

That AI-related headline alone was enough to rattle investors.US stocks slid sharply on Monday after a widely circulated Citrini Research memo outlined a hypothetical “2028 Global Intelligence Crisis”, warning that rapid AI adoption could push US unemployment into double digits as early as by mid-2028.

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.