{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-21st-to-25th-sep-2020\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-21st-to-25th-sep-2020\/","headline":"Weekly Price Action Trade Ideas \u2013 21st to 25th Sep 2020","name":"Weekly Price Action Trade Ideas \u2013 21st to 25th Sep 2020","description":"Weekly Price Action Trade Ideas \u2013 21st to 25th Sep 2020 Markets Discussed in This Week\u2019s Trade Ideas: Markets Discussed in This Week\u2019s Trade Ideas: GBPJPY, US500, NZDCHF and EURSGD.   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 […]","datePublished":"2020-09-21","dateModified":"2020-09-21","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\/09\/GBPJPYDaily.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2020\/09\/GBPJPYDaily.png","height":627,"width":1200},"url":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-21st-to-25th-sep-2020\/","about":["charts","Price Action Charts in Focus"],"wordCount":518,"articleBody":"Weekly Price Action Trade Ideas \u2013 21st to 25th Sep 2020Markets Discussed in This Week\u2019s Trade Ideas: Markets Discussed in This Week\u2019s Trade Ideas: GBPJPY, US500, NZDCHF and EURSGD. 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 GBPJPY Daily ChartCan Lower Prices Continue?Price on the daily chart of the GBPJPY attempted to breakout of the four day sideways box pattern at the end of last week.As the attached daily chart shows; price quickly snapped back higher and left the market in uncertain territory.The candle low around 134.57 looks important with this market. This is the low of the candle that tried to breakout and snapped back higher.If this breaks, then we could see much lower prices.Daily Chart US500 Daily ChartSupport Looks CrucialWhilst price has been booming higher in this market in recent months, we have seen a pretty solid pullback lower.Price is currently holding at the daily support level.This level looks crucial.If we can get some bullish price action here it would signal more long trades and even further continuation of the trend higher.Daily Chart NZDCHF Daily ChartPrice Pushing Into Major ResistanceThis is an interesting market to chart.Price in recent times on the daily chart has formed a series of higher lows.The interesting part however, is that when forming the recent swing high price could not make it all the way back to the major resistance.This leaves price moving into a recent swing high and then for any major moves higher it will need to break what will be a very close major resistance again.Daily Chart EURSGD 4 Hour ChartPrice Flip Level Now in PlayAfter finally making a breakout of the extended range area, price has rotated back into the old breakout support and price flip resistance.Whilst we saw some minor selling on the intraday charts, so far we have not seen any sort of rejection of this level that some may have expected.There has also been no bearish price action clues that price is looking to sell away from this level.Obviously we will continue to watch the price action, but that is a concern for any traders looking to trade this market because if price pops back above this level, then we can expect a period of more sideways movement and ranging price action.4 Hour 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; "}