Market Overview: EURUSD Forex The market formed a EURUSD strong bear leg testing the trading range low. The bears want a retest of the trading range low followed by a strong breakout below. The bulls see the current move as a sell vacuum and a bear leg within a trading range. They want the trading […]

Market Overview: EURUSD Forex The market formed a weekly EURUSD second leg sideways to down to test near the June low. The bears want a retest of the April and the October lows. The bulls see the current move as a sell vacuum and a bear leg within a trading range. They want the June […]

Market Overview: EURUSD Forex The market formed a monthly EURUSD pullback to the middle of the trading range. The bulls see the current move as a pullback and a retest of the breakout point. They want the bull trend line or the 20-month EMA to act as support followed by a retest of the recent […]

Market Overview: EURUSD Forex The market formed a weekly EURUSD bear leg in the form of a 6-bar bear microchannel. The bears hope that the bear leg to retest the trading range low is underway. The bulls want the market to form a higher low, followed by a retest of the September 25 high. They […]

Market Overview: EURUSD Forex The market formed a EURUSD test middle of the trading range this week. The bulls want the August 1 low or the bull trend line to act as support. The bears hope the bear leg has started. If there is a pullback, the bears want at least a small second leg […]

Market Overview: EURUSD Forex The weekly Eurusd bears need follow-through selling next week to increase the odds of a bear leg. The bulls see the last two weeks as a pullback and retest of the breakout point. They want the market to form a higher low, followed by a retest of the September 25 high […]

Market Overview: EURUSD Forex The market formed a monthly EURUSD double top bear flag (July 18 and Sept 25). The bulls see the current move as a pullback and a retest of the breakout point. They want the bull trend line or the 20-month EMA to act as support followed by a retest of the […]

Market Overview: EURUSD Forex The market is forming a EURUSD retesting August high on the weekly chart. The bulls want a breakout above the August 23 high followed by a retest of the July high. The bears want a reversal from around the upper third of the large trading range from a double top bear […]

Market Overview: EURUSD Forex The market formed a weekly EURUSD retesting August High this week. The bulls need to create a follow-through bull bar breaking above the August 23 high to increase the odds of testing the July trading range high. The bears want a reversal from around the upper third of the large trading […]

Market Overview: EURUSD Forex There was no weekly EURUSD follow-through bear bar on the weekly chart. The bulls want at least a retest of the August 26 high. They need to create a strong entry bar next week to increase the odds of a retest and breakout above the August high. The bears hope to […]