{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/usdjpy-is-experiencing-a-bearish-pressure\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/usdjpy-is-experiencing-a-bearish-pressure\/","headline":"USDJPY: Is Experiencing A Bearish Pressure","name":"USDJPY: Is Experiencing A Bearish Pressure","description":"USDJPY is slightly going in favor of the bears.The currency pair could still increase despite a minor decline.USDJPY Weekly Price Analysis \u2013 July 9Should the bears increase their momentum, the support level at $104.233 may be retest.USDJPY MarketKey Levels:Resistance levels:\u00a0 $111.730, $111.735, $111.740Support levels:\u00a0 \u00a0 \u00a0$104.233, $104.238, $111.243USDJPY Long-term Trend: BullishUSDJPY is in an uptrend […]","datePublished":"2021-07-09","dateModified":"2021-07-09","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\/usd-lnt-3.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/07\/usd-lnt-3.png","height":568,"width":1073},"url":"https:\/\/forexschoolonline.com\/usdjpy-is-experiencing-a-bearish-pressure\/","about":["FX Technical Analysis","Trade Idea","Trade Setups","USD\/JPY"],"wordCount":304,"articleBody":"USDJPY is slightly going in favor of the bears.The currency pair could still increase despite a minor decline.USDJPY Weekly Price Analysis \u2013 July 9Should the bears increase their momentum, the support level at $104.233 may be retest.USDJPY MarketKey Levels:Resistance levels:\u00a0 $111.730, $111.735, $111.740Support levels:\u00a0 \u00a0 \u00a0$104.233, $104.238, $111.243USDJPY Long-term Trend: BullishUSDJPY is in an uptrend in its long-term perspective. The impulsive move by the bear\u2019s dropped the price of the pair down to $109.532 in the support area during yesterday\u2019s session before the brief return of the bulls today. The daily chart opens today at $109.745 in the resistance area. The price of USDJPY is initially up at $110.333 in the resistance area above the EMA-50, an indication of a slight weakness in the strength of the bulls.Hence, the stochastic oscillator signal pointing down at around level 27% in the oversold region indicates that the momentum in the price of USDJPY might likely experience a trend reversal in the days ahead. In this case a downtrend.USDJPY Medium-term Trend: BearishUSDJPY is now finding its way up as the bulls gradually staging a return to the market.A bullish candle at $109.993 opens today\u2019s 4-hourly chart in the resistance area as the bulls begin to stage returns into the market. The price of USDJPY is up at $110.133 in the resistance area below the two EMAs, this suggests a downward trend in the momentum of the currency pair.However, the stochastic signal pointing up at around level 34% in the oversold region suggests that the currency pair may encounter a change in trend sooner or in the days ahead in the medium-term and In this case an uptrend.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."}