{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audjpy-price-still-trades-in-an-uptrend\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audjpy-price-still-trades-in-an-uptrend\/","headline":"AUDJPY \u2013 Price Still Trades In An Uptrend","name":"AUDJPY \u2013 Price Still Trades In An Uptrend","description":"AUDJPY looking nice, price trades above the resistance zone. Staying above EMA 50 can lead to strong growth for the currency pair. AUDJPY Weekly Price Analysis – May 30AUDJPY price now trades at the top part of the resistance at level $85.152 AUDJPY MarketKey Levels:Resistance levels:\u00a0 \u00a0$85.150, $85.160 $85.170Support levels:\u00a0 \u00a0 \u00a0 \u00a0$76.250, $76.240, $76.230AUDJPY […]","datePublished":"2021-05-30","dateModified":"2021-05-30","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\/05\/AUD-LNT.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/05\/AUD-LNT.png","height":568,"width":1073},"url":"https:\/\/forexschoolonline.com\/audjpy-price-still-trades-in-an-uptrend\/","about":["AUD\/JPY","FX Technical Analysis","Trade Idea","Trade Setups"],"wordCount":295,"keywords":["audjpy","Australian Dollar\/Japanese Yen","Technical Analysis"],"articleBody":"AUDJPY looking nice, price trades above the resistance zone. Staying above EMA 50 can lead to strong growth for the currency pair. AUDJPY Weekly Price Analysis – May 30AUDJPY price now trades at the top part of the resistance at level $85.152 AUDJPY MarketKey Levels:Resistance levels:\u00a0 \u00a0$85.150, $85.160 $85.170Support levels:\u00a0 \u00a0 \u00a0 \u00a0$76.250, $76.240, $76.230AUDJPY Long-term Trend: BullishAUDJPY is trading in a bullish trend zone in its long-term outlook. The sustained bullish pressure pushes the currency pair further up at $85.067 in the resistance area during yesterday\u2019s session.The bears return gradually with an initial drop to $84.982 in the support area as the daily chart opens today. The currency pair drops further to $84.551 in the support area, now trades above the two EMAs and the stochastic oscillator signal is pointing up at around level 42% in the oversold region, this implies the bulls may continue to dictate the market direction in the long-term. Hence, buyers may take a position as desired. AUDJPY Medium-term Trend: BullishAUDJPY is in an upward trend in the medium-term perspective. The 4-hourly chart opens with the formation of an inverted bearish pin bar hammer at $85.079 in the support area, an indication of a trend reversal.Bulls return briefly and move the price up to $84.828 in the resistance area.The price of AUDJPY is initially down at $84.609 in the support area above the two EMAs, this suggests an upward movement in the price of the currency pair.However, the stochastic signal pointing down at around level 40% in the oversold area indicates that the price of AUDJPY may likely continue in a downward move in the nearby days, in the medium-term perspective.Note: Forexschoolonline.com is not a financial advisor. Do your research beforeinvesting your funds in any financial asset or presented product or event. Weare not responsible for your investing results."}