{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audjpy-attractive-for-sellers\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audjpy-attractive-for-sellers\/","headline":"AUDJPY : Attractive To Sellers!","name":"AUDJPY : Attractive To Sellers!","description":"The AUDJPY pair now trades at the support area.The bears may continue the journey to the lower support area. AUDJPY Weekly Price Analysis – July 18The market is falling hard as the pair slopes below the EMAs leading to a market selloff. AUDJPY MarketKey Levels:Resistance levels:\u00a0 \u00a0 \u00a0 \u00a0$85.765, $85.770 $85.775Support levels:\u00a0 \u00a0 \u00a0 \u00a0 […]","datePublished":"2021-07-18","dateModified":"2021-07-19","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/07\/AUD-LNT-2.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/07\/AUD-LNT-2.png","height":483,"width":1010},"url":"https:\/\/forexschoolonline.com\/audjpy-attractive-for-sellers\/","about":["AUD\/JPY","FX Technical Analysis","Trade Idea","Trade Setups"],"wordCount":352,"keywords":["audjpy","Australian Dollar\/Japanese Yen","Technical Analysis"],"articleBody":"The AUDJPY pair now trades at the support area.The bears may continue the journey to the lower support area. AUDJPY Weekly Price Analysis – July 18The market is falling hard as the pair slopes below the EMAs leading to a market selloff.AUDJPY MarketKey Levels:Resistance levels:\u00a0 \u00a0 \u00a0 \u00a0$85.765, $85.770 $85.775Support levels:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $81.370, $81.365, $81.360AUDJPY Long-term trend: BearishThe currency pair is in a downtrend in its long-term outlook. The sustained bearish pressure pushed the pair down to $ 81.428 in the support area during yesterday\u2019s session.The journey downwards continues as the daily chart opens today with an inverted pin bar candle at $82.188 in the support area. An indication of a trend reversal.The price of AUDJPY is initially down at $81.350 in the support area below the two EMAs, an indication of a downtrend in the context of the strength of the market.The stochastic oscillator signal pointing downwards at around level 19% in the oversold region suggests that the Yen is in a downward momentum in its long-term perspective.AUDJPY Medium-term trend: BearishOn the medium-term outlook, the momentum is in a downward trend. The bullish candle at $81.454 in the resistance area during yesterday\u2019s session sustained the bullish momentum up.Today\u2019s 4-hourly chart opens on a bullish note at $81.597 in the resistance area.Activities from the buyers further move the price of AUDJPY up to $ $81.946 in the resistance area, after which the bears resume the trend downwards.The sellers resume briefly and drop the currency pair down to $81.694 in the support area.Pressure from the bears further drops the Yen down to $81.350 in the support area below the two EMAs, an indication that the market is in a downtrend and the bears are in control of the market at the present.However, the stochastic oscillator signal pointing downwards at around level 24% in the oversold region suggests that the price of AUDJPY may likely continue in the same direction in the nearby days in the medium-term.Note: Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results."}