EUR/JPY Price Analysis: Next on the upside comes the 2022 high

EUR/JPY adds to Tuesday’s advance above 135.00.
Immediately to the upside comes the YTD high at 137.54.

Pablo Piovano FXStreet

EUR/JPY extends the rebound from weekly lows in the 134.30 zone and retakes the 135.00 mark and above.

The underlying upside momentum in the cross remains unchanged for the time being. However, EUR/JPY could attempt to consolidate before resuming the uptrend. That said, the next hurdle remains at the 2022 high at 137.54 (March 28) prior to a probable visit to the August 2015 peak at 138.99 (August 15) and ahead of the round level at 140.00.

In the meantime, while above the 200-day SMA at 130.14, the outlook for the cross is expected to remain constructive.

EUR/JPY daily charts

EUR/JPY

Overview
Today last price	135.24
Today Daily Change	63
Today Daily Change %	0.32
Today daily open	134.81

Trends
Daily SMA20	132.56
Daily SMA50	130.82
Daily SMA100	130.08
Daily SMA200	130.16

Levels
Previous Daily High	135.13
Previous Daily Low	134.3
Previous Weekly High	137.54
Previous Weekly Low	134
Previous Monthly High	137.54
Previous Monthly Low	124.39
Daily Fibonacci 38.2%	134.81
Daily Fibonacci 61.8%	134.62
Daily Pivot Point S1	134.36
Daily Pivot Point S2	133.91
Daily Pivot Point S3	133.53
Daily Pivot Point R1	135.19
Daily Pivot Point R2	135.58
Daily Pivot Point R3	136.03

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.