{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-15th-to-19th-june-2020\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-15th-to-19th-june-2020\/","headline":"Weekly Price Action Trade Ideas \u2013 15th to 19th June 2020","name":"Weekly Price Action Trade Ideas \u2013 15th to 19th June 2020","description":"Weekly Price Action Trade Ideas \u2013 15th to 19th June 2020 Markets Discussed in This Week\u2019s Trade Ideas: USDCAD, EURGBP, USDSGD and SILVER.   Note:\u00a0We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at\u00a0Correct Free New York Close […]","datePublished":"2020-06-15","dateModified":"2020-06-15","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\/2020\/06\/EURGBPDaily.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2020\/06\/EURGBPDaily.png","height":627,"width":1200},"url":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-15th-to-19th-june-2020\/","about":["charts","Price Action Charts in Focus"],"wordCount":465,"articleBody":"Weekly Price Action Trade Ideas \u2013 15th to 19th June 2020Markets Discussed in This Week\u2019s Trade Ideas: USDCAD, EURGBP, USDSGD and SILVER. Note:\u00a0We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at\u00a0Correct Free New York Close Demo Charts USDCAD Daily ChartPrice Retracing Into ValueIn the last trade ideas price was stalling after the breakout and looking to make another push lower.After what was a substantial move lower, price found support and has rebounded.We can now see on the chart below that price is moving back into some value areas.These areas could be quality areas to watch for potential bearish price action clues for short trigger signals.Daily Chart EURGBP Daily ChartBreakout Could be ComingAfter seeing a huge sell off in this pair, price found a bottom and has since been rebuilding momentum higher.Price recently broke through an important resistance level and has repeatedly attempted at breaking the next resistance.That is where price sits now, once again trying to breakout higher.If we can get a break higher it paves the wave for the next leg higher and potential long trading opportunities.Daily Chart USDSGD Daily ChartWatching the PullbackAfter breaking the key support level discussed recently, price has made a large move lower similar to many other USD pairs.It is now slowly rotating back higher.If you zoom your daily chart out you will see it is now sitting at an interesting level.\u00a0Other than this level there are not a huge amount of key levels until the breakout level back around 1.4088. That could make this immediate resistance level a key watch in the coming sessions.Daily Chart SILVER Daily ChartPrice Consolidating in BoxAfter running higher into the key resistance level, price has since stalled and moved into a sideways box pattern.This can be seen on both your daily and intraday charts.Unless looking to play intraday range trades from the box high and low, the best play may be to wait for this congestion to break and then look to trade in the direction of the breakout.Daily Chart Trade Ideas Note: All views, discussions and posts in the \u2018charts in focus trade ideas\u2019 are the view of Forex School Online and are not recommendations or trading advice. All posts are general in nature and are not advice to buy or sell.Note:\u00a0We Use Correct \u2018New York Close 5 Day Charts\u2019 \u2013 You can read about why we use these and how to download the correct free charts at\u00a0Correct Free New York Close Demo Charts Please leave questions or comments in the comments section below; "}