{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-28th-jan-2020\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-28th-jan-2020\/","headline":"Weekly Price Action Trade Ideas \u2013 28th Jan 2020","name":"Weekly Price Action Trade Ideas \u2013 28th Jan 2020","description":"Weekly Price Action Trade Ideas \u2013 28th Jan 2020 Markets Discussed in This Week\u2019s Trade Ideas:\u00a0GBPUSD, EURAUD,\u00a0AUDSGD 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   EURAUD […]","datePublished":"2020-01-28","dateModified":"2020-01-28","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\/01\/GBPUSDDaily.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2020\/01\/GBPUSDDaily.png","height":627,"width":1200},"url":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-28th-jan-2020\/","about":["charts","Price Action Charts in Focus"],"wordCount":499,"articleBody":"Weekly Price Action Trade Ideas \u2013 28th Jan 2020Markets Discussed in This Week\u2019s Trade Ideas:\u00a0GBPUSD, EURAUD,\u00a0AUDSGD 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 EURAUD Daily ChartMajor Resistance in PlayThis is a market that has been ranging and trading sideways for many months on end.Whilst ranging markets can present many high probability trading opportunities when looking to trade from the range highs and lows, they can be incredibly dangerous when trading anywhere in the middle.This pair has now moved higher into a pretty important range high resistance level.This could present multiple possible trading opportunities either with a major rejection or breakout trades in the coming sessions.Daily Chart AUDSGD Daily ChartWatching for a Quick PullbackA lot of the \u2018Aussie\u201d pairs have sold off lower in recent sessions and the AUDSGD is another of these.As the daily chart shows below; price in the last few sessions has made a solid break below the daily chart support level.If price can now make a quick rotation back higher this level could look to act as a price flip old support and potential new resistance for short trades.Daily Chart GBPUSD Daily ChartKey Test of SupportPrice action on the daily chart of the GBPUSD is in an interesting pattern at the moment.After making a large and aggressive move higher and in turn breaking out of the important resistance level, price has since stalled.As the daily chart shows below; whilst the support level at this stage is still holding, each time price has tried to bounce back higher the rebound has been weaker.This support looks crucial for where price makes its next major move and looks a huge watch this week.Daily Chart SILVER Daily ChartCan Price Break and Continue?In recent times the price on Gold has been able to make a nice solid run higher, but Silver has not been quite as bullish.Whilst Silver has still been able to make some nice legs higher it has not been able to burst through the daily chart resistance level.This level looks important and if price can make a solid break this week it could open the door to multiple potential long trade setups.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;"}