{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audjpy-the-bulls-are-getting-weaker\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audjpy-the-bulls-are-getting-weaker\/","headline":"AUDJPY: The Bulls Are Getting Weaker","name":"AUDJPY: The Bulls Are Getting Weaker","description":"The currency pair is facing more pressure from the bears.The bears may continue the journey to the lower support area. AUDJPY Weekly Price Analysis – July 11The market is falling hard as the pair slopes below $82.264 leading to a market selloff. AUDJPY MarketKey Levels:Resistance levels:\u00a0 \u00a0 \u00a0$82.545, $82.550 $82.555Support levels:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0$81.250, […]","datePublished":"2021-07-11","dateModified":"2021-07-11","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.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/07\/AUD-LNT.png","height":540,"width":1010},"url":"https:\/\/forexschoolonline.com\/audjpy-the-bulls-are-getting-weaker\/","about":["AUD\/JPY","FX Technical Analysis","Trade Idea","Trade Setups"],"wordCount":311,"keywords":["audjpy","Australian Dollar\/Japanese Yen","Technical Analysis"],"articleBody":"The currency pair is facing more pressure from the bears.The bears may continue the journey to the lower support area. AUDJPY Weekly Price Analysis – July 11The market is falling hard as the pair slopes below $82.264 leading to a market selloff. AUDJPY MarketKey Levels:Resistance levels:\u00a0 \u00a0 \u00a0$82.545, $82.550 $82.555Support levels:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0$81.250, $81.245, $81.240AUDJPY Long-term trend: BearishThe currency pair is in a downtrend in its long-term outlook. The sustained bearish pressure pushed the pair down to $ 81.320 in the support area during yesterday\u2019s session.The bulls return briefly and push the price up to $81.530 in the resistance area as the daily chart opens today.The price of AUDJPY which is up at $82.543 in the resistance area below the two EMAs suggests the momentum in the price of the currency pair is in a downward trend.The stochastic signal pointing up at around level 24% in the oversold region indicates there may be a trend reversal in the price of AUDJPY in the future in the long-term and in this case, an uptrend.AUDJPY Medium-term trend: BullishOn the medium-term chart, the pair is in a bullish trend. The formation of a bullish inverted hammer at $81.566 in the resistance area as the 4-hourly chart opens today affirms the bullish presence in the market.The price of AUDJPY further rises to $82.483 in the resistance area. Bears\u2019 brief return drops the price of the Yen down to $82.393 in the support area below the EMA-50, this suggests an uptrend in the context of the strength of the market.The stochastic oscillator signals up at around level 50% imply buyers are beginning to take over the market and 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."}