{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audjpy-could-still-increase-despite-a-minor-decline\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audjpy-could-still-increase-despite-a-minor-decline\/","headline":"AUDJPY : Could Still Increase Despite a Minor Decline","name":"AUDJPY : Could Still Increase Despite a Minor Decline","description":"A bullish scenario is playing out in the long term.The bears may have temporal control. AUDJPY Weekly Price Analysis – August 13Staying above the EMA-9 can lead to strong growth for AUDJPY. AUDJPY MarketKey Levels:Resistance levels:\u00a0 $82.000, $82.005 $82.010Support levels:\u00a0 \u00a0 \u00a0 $80.230, $80.225, $80.220AUDJPY Long-term trend: BullishOn the daily chart, the momentum is in […]","datePublished":"2021-08-13","dateModified":"2021-08-13","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\/08\/AUDJPY-LNT-1.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/08\/AUDJPY-LNT-1.png","height":532,"width":1079},"url":"https:\/\/forexschoolonline.com\/audjpy-could-still-increase-despite-a-minor-decline\/","about":["AUD\/JPY","FX Technical Analysis","Trade Idea","Trade Setups"],"wordCount":314,"keywords":["audjpy","Autralian Dollar Japanese Yen","Technical Analysis"],"articleBody":"A bullish scenario is playing out in the long term.The bears may have temporal control. AUDJPY Weekly Price Analysis – August 13Staying above the EMA-9 can lead to strong growth for AUDJPY. AUDJPY MarketKey Levels:Resistance levels:\u00a0 $82.000, $82.005 $82.010Support levels:\u00a0 \u00a0 \u00a0 $80.230, $80.225, $80.220AUDJPY Long-term trend: BullishOn the daily chart, the momentum is in an upward move. The bears increased momentum dropped the price down to $80.949 in the support area, during yesterday\u2019s session. The momentum was lost as exhaustion sets in as the bulls return briefly. Today\u2019s daily pin bar opening candle at $80.993 is bullish as the bulls return briefly to the market. AUDJPY rises further to $81.067 in the resistance area. Price is above the EMA-9, an indication of an uptrend in the context of the strength.The signal of the stochastic oscillator pointing down at around level 68% in the overbought region suggests a downward momentum in the price of the Yen also the currency pair may likely encounter a change in trend in the days ahead in the long-term perspective. AUDJPY Medium-term trend: BearishThe currency pair is in a bearish trend market zone in its medium-term outlook. $81.067 in the resistance area was the high attained during yesterday\u2019s session.The 4-hourly chart today opens with a bearish candle at $81.027 in the support area.Price is initially down at $80.968 in the support area below the two EMAs, this implies the momentum in price is in a downwards trend in the context of the strength of the market.The stochastic oscillator signal pointing down at around level 14% in the oversold region suggests the momentum in price is in a downtrend and may likely continue in the same direction in the days ahead 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."}