{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audjpy-declines-beneath-82-090-maintains-downtrend\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audjpy-declines-beneath-82-090-maintains-downtrend\/","headline":"AUDJPY: Declines beneath $82.090, Maintains Downtrend","name":"AUDJPY: Declines beneath $82.090, Maintains Downtrend","description":"The Yen is facing more pressure from the bears. The market is falling hard as AUDJPY slopes below $82.090 leading to a market selloff. AUDJPY Weekly Price Analysis – January 23Further increase in the bears\u2019 pressure may break down at $80.046 and this may decrease the price to $78.887 and $78.785 support levels. AUDJPY MarketKey […]","datePublished":"2022-01-23","dateModified":"2022-01-23","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\/01\/AUDJPY-LNT.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/01\/AUDJPY-LNT.png","height":598,"width":1079},"url":"https:\/\/forexschoolonline.com\/audjpy-declines-beneath-82-090-maintains-downtrend\/","about":["AUD\/JPY","FX Technical Analysis","Trade Idea","Trade Setups"],"wordCount":463,"keywords":["audjpy","Australian Dollar\/Japanese Yen","Technical Analysis"],"articleBody":"The Yen is facing more pressure from the bears. The market is falling hard as AUDJPY slopes below $82.090 leading to a market selloff. AUDJPY Weekly Price Analysis – January 23Further increase in the bears\u2019 pressure may break down at $80.046 and this may decrease the price to $78.887 and $78.785 support levels. AUDJPY MarketKey Levels:Resistance levels:\u00a0 \u00a0$85,800, $86,000, $86,200Support levels:\u00a0 \u00a0 \u00a0 \u00a0 $81.500, $81.300, $81.100AUDJPY Long-term Trend: BearishThe momentum on the long-term outlook is in a downward move as can be seen from the daily chart now. The bear’s increased momentum pushed the price down to $82.394 with a bearish doji candle in the support area, during yesterday\u2019s session and sustained it. The formation of the long bearish candle at $82.409 at the support area as the daily session opens today, affirms the bear’s presence in the market.AUDJPY further drops to $81.527 with its wick touching the EMA-50 in the support area as the journey down south continues.The price of the Yen is initially down at $81.490 in the support area which is below the two EMAs; this implies that more sellers are present in the market at the moment.The stochastic signal which is pointing down at around level 13% in the oversold region also indicates that the price of AUDJPY is in a downtrend, more so buyers are expected to emerge to move the price of the Yen up in the nearby days in the long-term.AUDJPY Medium-term Trend: BearishThe currency pair is in a bearish trend in its medium-term outlook. The bears made a progressive movement to the south at $82.399 in the support area with a touch at the two EMAs which are fanned apart during yesterday\u2019s session. The bears made a progressive movement to the south at $81.932 in the support area as the 4-hourly session opens today.The bulls gradually road to the market and increase the price to $82.076 in the resistance area.The bulls lost the momentum after which the sellers return and drop the market price of AUDJPY down to $81.630 in the support area.The bears\u2019 increased momentum further drops the price of the Yen down to $81.527 support level.The price of AUDJPY is initially down at $81.490 support level below the two EMAs, this implies that the bears are already dictating the market.The stochastic oscillator signal pointing down at level 2% in the oversold region suggests that the price of the Yen is in a downward motion and more buyers are expected to come into the market sooner to move the price up in the medium-term perspective.Therefore, buyers may wait for this action to occur and take their position as desired.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. "}