{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-9th-to-13th-march-2020\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-9th-to-13th-march-2020\/","headline":"Weekly Price Action Trade Ideas \u2013 9th to 13th March 2020","name":"Weekly Price Action Trade Ideas \u2013 9th to 13th March 2020","description":"Weekly Price Action Trade Ideas \u2013 9th to 13th March 2020 Markets Discussed in This Week\u2019s Trade Ideas: EURGBP, EURJPY, NZDJPY and OIL. 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 […]","datePublished":"2020-03-09","dateModified":"2020-03-09","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\/2020\/03\/NZDJPYH4.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2020\/03\/NZDJPYH4.png","height":627,"width":1200},"url":"https:\/\/forexschoolonline.com\/weekly-price-action-trade-ideas-9th-to-13th-march-2020\/","about":["charts","Price Action Charts in Focus"],"wordCount":499,"articleBody":"Weekly Price Action Trade Ideas \u2013 9th to 13th March 2020Markets Discussed in This Week\u2019s Trade Ideas: EURGBP, EURJPY, NZDJPY and OIL.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 EURGBP Daily ChartIndecision After Break HigherAfter breaking out higher and making a nice move, we have not seen the follow through that we may have expected.Whilst price did make a solid move, it has since stalled and not made the fast breakout that many other EUR pairs saw.Price is now stuck between a couple of important levels as the daily chart shows below.If we get a pullback into the old resistance it could be a solid level to watch for it to act as new support and for potential long trades.Daily Chart NZDJPY Daily and 4 Hour ChartsWatching for Potential Short TradesThe NZDJPY is a pair we have been charting and watching closely for a long period now.\u00a0Back in the 25th Feb trade ideas we were looking for the consolidation range to break and for potential breakout trades.\u00a0As is often the case, once price broke out of the tight consolidation box area it did so fast and aggressively.It has since sold off and the pattern we were looking for in last week\u2019s trade ideas could now play out again.Daily Chart4 Hour Chart OIL v USD Daily ChartsHuge Sell Off Playing outOil has seen a huge sell off in recent sessions with price getting absolutely smashed lower.Until the momentum changes the best play could be to look to trade inline with the strong move lower and watch for quick retracements back into resistance.Overhead resistance levels come in around the 36.15 and 39.00 areas and could be solid areas to watch for bearish price action.Daily Chart EURJPY Daily ChartWill Price Break or Fake?Interesting chart this one.Whilst many markets and Forex pairs are making huge moves, this pair is still stuck treading water.This could change in the coming sessions as price is now testing a pretty important support level.If we can see a clear break below this level it could open the door for fast moves lower and another market selling off.It could also pave the way for potential breakout trades.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; "}