Market Overview: EURUSD Forex The weekly EURUSD bulls want a second leg up following the recent pullback to the 20-week EMA. Bulls want a strong breakout above the trading range, followed by a measured move based on its height, targeting the 2018 high. If the market trades higher, bears want the April 17 high, February […]

Market Overview: EURUSD Forex EURUSD is testing the middle of the trading range, which is an area of balance and a magnet. Bulls want a retest of the January 27 high, followed by a strong breakout above. Bears want a reversal from a wedge top, a lower high major trend reversal, and a head and […]

Market Overview: EURUSD Forex The market formed a EURUSD inside doji pullback to the 20-week EMA this week. Bulls want the 20-week EMA to act as support, leading to a second leg sideways to up. Bears want a reversal from a lower high major trend reversal, followed by a retest of the trading range low. […]

Market Overview: EURUSD Forex The weekly EURUSD bulls want a bull breakout above the trading range and a measured move up move based on its height. Bears want the move to stall near the top of the trading range, forming a lower high major trend reversal. EURUSD Forex market The Weekly EURUSD chart The Daily […]

Market Overview: EURUSD Forex The EURUSD bulls need follow-through bull bars on the weekly chart to increase the odds of a retest of the range high. Bears want the market to reverse below the 20-week EMA. EURUSD Forex market The Weekly EURUSD chart The Daily EURUSD chart Market analysis reports archive You can access all […]

Market Overview: EURUSD Forex The market is in a pullback phase, with EURUSD testing the 20-month EMA. Bulls want the 20-month EMA and the August 1 low to act as support, followed by a retest of the prior trend extreme high (January 27). Bears need consecutive strong bear bars breaking below the 20-month EMA and […]

Market Overview: EURUSD Forex Weekly EURUSD bears want a retest of the low (March 13), followed by a strong breakout. Bulls want a higher low relative to March 13, followed by a second leg sideways to up. The market remains within the 41-week trading range. EURUSD Forex market The Weekly EURUSD chart The Daily EURUSD […]

Market Overview: EURUSD Forex There was no breakout below the EURUSD August low this week. Bulls see the market forming a two-bar reversal and a large double bottom bull flag (August 1 and March 13). Bears see this week as a pullback and want a retest of the March 13 low, followed by a strong […]

Market Overview: EURUSD Forex The market formed a weekly EURUSD strong bear leg testing the August low. Bears need a strong breakout below the August low with sustained follow-through selling to increase the odds of a successful breakout. If the market breaks below the trading range low, bulls hope the move will be brief and […]

Market Overview: EURUSD Forex The EURUSD is testing the January low and the bull trend line. Bulls want the bull trend line or the November low area to act as support. The next targets for bears are the November and August lows. EURUSD Forex market The Weekly EURUSD chart The Daily EURUSD chart Market analysis […]