{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audjpy-buy-trade-idea\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audjpy-buy-trade-idea\/","headline":"AUDJPY: Buy Trade Idea!","name":"AUDJPY: Buy Trade Idea!","description":"The currency pair is in a bullish scenario.The bulls will go higher; buyers can put in their aggressive orders.AUDJPY Weekly Price Analysis \u2013 September 4At the moment the AUDJPY market is facing the upside as the bulls aim to drag the market price to the upper resistance level of $97.000. AUDJPY MarketKey Levels:Resistance levels: $95.500, […]","datePublished":"2022-09-04","dateModified":"2022-09-04","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\/2022\/09\/AUDJPY-LNT-1.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/09\/AUDJPY-LNT-1.png","height":546,"width":1280},"url":"https:\/\/forexschoolonline.com\/audjpy-buy-trade-idea\/","about":["AUD\/JPY","FX Technical Analysis","Trade Idea","Trade Setups"],"wordCount":347,"keywords":["audjpy","Australian Dollar\/Japanese Yen","FX Technical Analysis"],"articleBody":"The currency pair is in a bullish scenario.The bulls will go higher; buyers can put in their aggressive orders.AUDJPY Weekly Price Analysis \u2013 September 4At the moment the AUDJPY market is facing the upside as the bulls aim to drag the market price to the upper resistance level of $97.000. AUDJPY MarketKey Levels:Resistance levels: $95.500, $95.600, $95.700Support levels: $92.500, $92.400, $92.300AUDJPY Long-term Trend: BullishAUDJPY price is moving in an uptrend in the (1D) timeframe, making higher highs and moving toward its major resistance. The price bar can be seen above the moving averages, this affirms its bullish race in its long-term outlook. The bulls\u2019 increased momentum pushed the price up to a $95.148 high level, during yesterday\u2019s session and sustained it.Increase momentum by the bulls moves the market price of the Yen further up to the $96.041 resistance level above the two EMAs as the daily chart opens today it journey up north. An indication of more gains for the buy traders in the market.Further, the price signal points up, indicating that the price value of the AUDJPY pair still remains in an uptrend. It means that the price may likely grow up to reach a $97.000 supply level soon in its higher time frame.AUDJPY Medium-term Trend: BullishOn the medium-term chart below, the pair is in an upward move. The price movement of AUDJPY is currently seen to be in the bull\u2019s direction. The price action rises significantly to the $95.937 resistance level above the two EMAs as the 4-hourly chart opens today. This implies that the price of the AUDJPY is in upward momentum and in control of the buyers at the moment.The daily stochastic which is pointing up at around level 54% approaching the overbought region also indicates that the price of AUDJPY is in an uptrend and may likely remain or continue in the same direction in the nearby days in its medium-term outlook.Note:\u00a0Forexschoolonline.com\u00a0is 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."}