{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audjpy-where-are-the-bulls\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audjpy-where-are-the-bulls\/","headline":"AUDJPY \u2013 Where Are The Bulls?","name":"AUDJPY \u2013 Where Are The Bulls?","description":"AUDJPY is facing an increase in selling pressure and it could continue to slide if it breaks $79.467.Overall, the bears are in the dominance of the market. AUDJPY Weekly Price Analysis – June 20If the support level is broken the market will depreciate to a low at $79.115 price level.AUDJPY MarketKey Levels:Resistance levels:\u00a0 $84.930, $84.940 […]","datePublished":"2021-06-20","dateModified":"2021-06-20","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\/06\/AUD-LNT-2.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/06\/AUD-LNT-2.png","height":568,"width":1073},"url":"https:\/\/forexschoolonline.com\/audjpy-where-are-the-bulls\/","about":["AUD\/JPY","FX Technical Analysis","Trade Idea","Trade Setups"],"wordCount":340,"keywords":["audjpy","Technical Analysis","U.S.Dollar Japanese Yen"],"articleBody":"AUDJPY is facing an increase in selling pressure and it could continue to slide if it breaks $79.467.Overall, the bears are in the dominance of the market. AUDJPY Weekly Price Analysis – June 20If the support level is broken the market will depreciate to a low at $79.115 price level.AUDJPY MarketKey Levels:Resistance levels:\u00a0 $84.930, $84.940 $84.950Support levels:\u00a0 \u00a0 \u00a0 $79.126, $79.121, $79.115AUDJPY Long-term Trend: BearishAUDJPY is in a bearish trend in its long-term outlook. The pressure from the bears moved the price of the Yen down to $83.066 as the low of yesterday in the support area.The bears sustain pressure opens today\u2019s daily chart at $83.182 in the support area. The journey down south continues as the bears drop the price of the currency pair down to $82.387 in the support area below the two EMAs. This indicates that the momentum in the price of AUDJPY is in a downtrend.The signal from the stochastic oscillator pointing downwards at around level 5% in the oversold area implies that the price of the yen might continue in the same trend in the days ahead, and in this case a sell signal.AUDJPY Medium-term Trend: BearishThe currency pair is in a downward trend in its medium-term outlook. The bulls return briefly and pushed the price of the Yen up at $83.380 in the resistance area during yesterday’s session.The momentum was lost as the bear sets in and opens today\u2019s 4-hourly chart at $83.284 in the support area.Pressure from the bears drops the price of AUDJPY down to $82.390 in the support area below the two EMAs. This is an indication that the momentum in the price of the Yen is in a downtrend.The stochastic oscillator signal pointing down at around level 5% in the oversold region suggests that the price of AUDJPY might likely continue in the same direction which is a downtrend and a sell signal. 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."}