{"id":233390,"date":"2025-03-30T01:30:00","date_gmt":"2025-03-30T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=233390"},"modified":"2025-03-29T20:48:32","modified_gmt":"2025-03-30T03:48:32","slug":"weekly-weak-eurusd-pullback","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/weekly-weak-eurusd-pullback\/","title":{"rendered":"Weekly Weak EURUSD Pullback"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The market formed a weekly weak EURUSD pullback, the candlestick closing as a bull doji with a long tail below. The bulls expect to get at least a small sideways to up leg to retest the recent leg extreme high (Mar 18), even if it only forms a lower high. If the market trades higher, the bears want it to form a double top with the March 18 High.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">EURUSD Forex market <\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> EURUSD chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Poor-FT-Selling-Bulls-Want-2nd-Leg-Up.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Poor-FT-Selling-Bulls-Want-2nd-Leg-Up-680x383.jpg\" alt=\"EURUSD Weekly - Poor FT Selling, Bulls Want 2nd Leg Up, Weekly Weak EURUSD Pullback\" class=\"wp-image-233544\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Poor-FT-Selling-Bulls-Want-2nd-Leg-Up-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Poor-FT-Selling-Bulls-Want-2nd-Leg-Up-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Poor-FT-Selling-Bulls-Want-2nd-Leg-Up-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Poor-FT-Selling-Bulls-Want-2nd-Leg-Up-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Poor-FT-Selling-Bulls-Want-2nd-Leg-Up.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>This\u00a0week\u2019s\u00a0candlestick on the\u00a0<a href=\"https:\/\/www.investing.com\/currencies\/eur-usd\" target=\"_blank\" rel=\"noreferrer noopener\">weekly EURUSD Forex chart<\/a> was a bull doji closing in its upper half with a long tail below.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-micro-wedge\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said the market may trade at least slightly lower. Traders would see if the bears could create a strong follow-through bear bar, or if the market would trade slightly lower but close with a long tail below or with a bull body instead.<\/li>\n\n\n\n<li>The market traded lower but reversed to close with a small bull body. The bears were not able to create a follow-through bear bar.<\/li>\n\n\n\n<li>Previously, the bulls got a failed breakout below the trading range, forming a strong spike up testing the middle of the trading range and the November 6 high.<\/li>\n\n\n\n<li>They hope the bull leg to retest the top of the trading range (Aug\/Sep highs) is underway.<\/li>\n\n\n\n<li>They see the current move simply as a pullback.<\/li>\n\n\n\n<li>They expect to get at least a small sideways to up leg to retest the recent leg extreme high (Mar 18), even if it only forms a lower high. It could happen next week.<\/li>\n\n\n\n<li>They want any pullback weak and sideways (overlapping candlesticks, doji(s), bull bars).<\/li>\n\n\n\n<li>The bears hope the market will stall around the middle of the trading range and form a lower high.<\/li>\n\n\n\n<li>They see the recent move as a buy vacuum and a bull leg within the trading range.<\/li>\n\n\n\n<li>They want the middle of the trading range, or the November 6 high to act as resistance.<\/li>\n\n\n\n<li>They want a reversal from a micro wedge pattern (Mar 7, Mar 11, and Mar 18).<\/li>\n\n\n\n<li>If the market trades higher, they want it to form a double top with the March 18 High.<\/li>\n\n\n\n<li>They hope to get a retest of the 20-week EMA or the breakout point (Jan 27).<\/li>\n\n\n\n<li>Since this week\u2019s candlestick is a bull doji closing in its upper half, it can be a buy signal for next week.<\/li>\n\n\n\n<li>As strong as the recent move was (Mar 18), it could still be a bull leg and a buy vacuum within the trading range.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can create a strong follow-through bull bar to retest the March 18 high.<\/li>\n\n\n\n<li>Or will the market attempt to trade higher but lack strong follow-through buying, closing with a long tail above or a bear body instead?<\/li>\n\n\n\n<li>The market is trading around the middle of the trading range which is an area of balance and a magnet.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) within the trading range until there is a breakout from either direction with sustained follow buying\/selling.<\/li>\n\n\n\n<li>That means buying in the lower third and selling in the upper third of the trading range.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> EURUSD chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bears-Want-LH-MTR-Bulls-Want-2nd-Leg-Up.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bears-Want-LH-MTR-Bulls-Want-2nd-Leg-Up-680x383.jpg\" alt=\"EURUSD Daily - Bears Want LH MTR, Bulls Want 2nd Leg Up\" class=\"wp-image-233547\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bears-Want-LH-MTR-Bulls-Want-2nd-Leg-Up-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bears-Want-LH-MTR-Bulls-Want-2nd-Leg-Up-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bears-Want-LH-MTR-Bulls-Want-2nd-Leg-Up-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bears-Want-LH-MTR-Bulls-Want-2nd-Leg-Up-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bears-Want-LH-MTR-Bulls-Want-2nd-Leg-Up.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The EURUSD traded sideways to down in the first half of the week. Thursday traded lower but reversed into an outside bull bar. Friday was a follow-through bull bar closing in its upper half.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-micro-wedge\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said that traders would see if the bears could create more follow-through selling trading below the 20-day EMA, or if the market would trade slightly lower but stall around the 20-day EMA area instead.<\/li>\n\n\n\n<li>The market traded lower to test the 20-day EMA but there was no sustained follow-through selling below it.<\/li>\n\n\n\n<li>Previously, the bulls got a strong bull leg testing the middle of the trading range.<\/li>\n\n\n\n<li>They hope the move to retest the top of the trading range is now underway.<\/li>\n\n\n\n<li>They see the current move simply as a pullback. They want the 20-day EMA to act as support.<\/li>\n\n\n\n<li>They expect at least a small sideways to up leg to retest the recent leg extreme high (Mar 18). The move could be underway.<\/li>\n\n\n\n<li>The bears see the recent move as a buy vacuum and a bull leg within the trading range.<\/li>\n\n\n\n<li>They hope the middle of the trading range or the November 6 high will act as resistance.<\/li>\n\n\n\n<li>They want a reversal from a wedge pattern (Mar 7, Mar 11, and Mar 18) and a lower high.<\/li>\n\n\n\n<li>They see the move on Thursday and Friday simply as a pullback.<\/li>\n\n\n\n<li>They want it to form a lower high (to Mar 18) followed by a reversal from a lower high major trend reversal or a small double top.<\/li>\n\n\n\n<li>They hope to get a small sideways to down leg to retest the March 27 low.<\/li>\n\n\n\n<li>They must create follow-through selling closing below the 20-day EMA to increase the odds of a deeper pullback.<\/li>\n\n\n\n<li>So far, the market is trading sideways around the middle of the trading range.<\/li>\n\n\n\n<li>As strong as the recent move was (Mar 18), it could still be a bull leg and a buy vacuum within the trading range.<\/li>\n\n\n\n<li>The move up is strong enough for traders to expect at least a small sideways to up leg after the current pullback (even if it only forms a lower high). The move could be underway.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can create more follow-through buying testing near the March 18 high area.<\/li>\n\n\n\n<li>Or will the market trade slightly higher but lack strong follow-through buying, stalling below the March 18 high? If so, we may get another leg down to retest the March 27 low.<\/li>\n\n\n\n<li>The market is trading around the middle of the trading range which is an area of balance.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) until there is a breakout from either direction with sustained follow-through buying\/selling.<\/li>\n\n\n\n<li>That means buying in the lower third and selling in the upper third of the large trading range.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: EURUSD Forex The market formed a weekly weak EURUSD pullback, the candlestick closing as a bull doji with a long tail below. The bulls expect to get at least a small sideways to up leg to retest the recent leg extreme high (Mar 18), even if it only forms a lower high. If [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":233544,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1842,136],"tags":[281],"class_list":{"0":"post-233390","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-forex","8":"category-analysis","9":"tag-eurusd-forex","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Poor-FT-Selling-Bulls-Want-2nd-Leg-Up.jpg","author_info":{"display_name":"Andrew","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/andrewa\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/233390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/2836"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=233390"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/233390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/233544"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=233390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=233390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=233390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}