Market Overview: EURUSD Forex The weekly EURUSD bears want a breakout below the trading range followed by a measured move based on the height of the trading range. Bulls want a failed breakout below the trading range, followed by a bull leg to retest the top of the range. EURUSD Forex market The Weekly EURUSD […]

Market Overview: EURUSD Forex The bears want a EURUSD breakout below the trading range, followed by a measured move based on the height of the trading range. Bulls want a reversal from a large double bottom bull flag (March 13 and June 19) and a trend channel line overshoot. EURUSD Forex market The Weekly EURUSD […]

Market Overview: EURUSD Forex The weekly EURUSD bulls want a higher low and a large double bottom pullback (April 6 and June 8). If the market trades higher, bears want the 20-week EMA or the May 29 high to act as resistance, forming a double top bear flag. EURUSD Forex market The Weekly EURUSD chart […]

Market Overview: EURUSD Forex EURUSD formed a bear leg within the trading range. Bulls want the lower third of the trading range or the March 13 low area to provide support. Bears want a retest and breakout below the trading range low, followed by a measured move based on the height of the trading range. […]

Market Overview: EURUSD Forex The market formed a EURUSD inside bar in the middle of the trading range on the monthly chart. Bulls want a retest of the January 27 high, followed by a strong breakout above. Bears need consecutive strong bear bars breaking below the 20-month EMA to show control. EURUSD Forex market The […]

Market Overview: EURUSD Forex The EURUSD bears need strong follow-through selling below the 20-week EMA. Bears want a retest and breakout below the trading range low. Bulls view the current move as a pullback forming a double bottom bull flag (April 30 and May 21). EURUSD Forex market The Weekly EURUSD chart The Daily EURUSD […]

Market Overview: EURUSD Forex Bears want follow-through selling in EURUSD below the 20-week EMA to increase the odds of a test of the trading range low. If the market trades lower, bulls want the lower third of the trading range to provide support. EURUSD Forex market The Weekly EURUSD chart The Daily EURUSD chart Market […]

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 […]