Alan Pardew's side fell to a 4-0 defeat to Manchester City on Saturday, leaving them just three points clear of the relegation zone but the centre-back is unworried about the potential to be dragged back down and repeat their 2009 relegation.
|11/4||Newcastle are 11/4 with Paddy Power to beat Fulham to nil
"I look around the dressing room at the players who I train with every day and what I am sat around is top-class.
"This definitely makes me believes we are going to do well.
"We are not looking down – we are looking up. We are looking at who we can catch and chase."
Taylor reckons that the quarter-finals of the Europa League provides a welcome distraction from domestic duties rather than a hindrance, with the Toon set to face Benfica on Thursday.
The 27-year-old continued: "If you look at the games we have coming up, Benfica twice, Fulham and then Sunderland, we are excited.
"In the next few weeks I am looking to see this all wrapped up in the Premier League and hopefully we can look forward to the Europa League."