{"id":235009,"date":"2025-04-20T01:30:00","date_gmt":"2025-04-20T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=235009"},"modified":"2025-04-19T23:17:59","modified_gmt":"2025-04-20T06:17:59","slug":"weekly-eurusd-bulls-need-follow-through","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/weekly-eurusd-bulls-need-follow-through\/","title":{"rendered":"Weekly EURUSD Bulls Need Follow-through"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The weekly EURUSD bulls need follow-through buying following the breakout above the trading range. They want a strong breakout followed by a measured move based on the height of the trading range. The bears want a failed breakout followed by a retest of the middle of the trading range.<\/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\/04\/EURUSD-Weekly-Some-FT-Buying-Bulls-Need-to-Do-More.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Some-FT-Buying-Bulls-Need-to-Do-More-680x383.jpg\" alt=\"EURUSD Weekly - Some FT Buying, Bulls Need to Do More, Weekly EURUSD Bulls Need Follow-through\" class=\"wp-image-235154\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Some-FT-Buying-Bulls-Need-to-Do-More-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Some-FT-Buying-Bulls-Need-to-Do-More-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Some-FT-Buying-Bulls-Need-to-Do-More-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Some-FT-Buying-Bulls-Need-to-Do-More-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/EURUSD-Weekly-Some-FT-Buying-Bulls-Need-to-Do-More.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 an inside bull doji closing in its upper half.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-bull-breakout\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said the market may still be in the sideways to up phase. Traders would see if the bulls could create follow-through buying, or if the market would start to stall and trade back into the trading range instead.<\/li>\n\n\n\n<li>The bulls got some follow-through buying albeit not strong yet.<\/li>\n\n\n\n<li>Recently, they got a breakout above the top of the trading range (Aug\/Sep and July highs).<\/li>\n\n\n\n<li>They want a strong breakout followed by a measured move based on the height of the trading range. That would take the market to the 2021 high area.<\/li>\n\n\n\n<li>They must create sustained follow-through buying to increase the odds of a measured move-up.<\/li>\n\n\n\n<li>They want any pullback to be weak and sideways (overlapping candlesticks, doji(s), bull bars, long tails below candlesticks).<\/li>\n\n\n\n<li>The bears see the current move as a large 2-legged bull leg and a buy vacuum test of the trading range high.<\/li>\n\n\n\n<li>They want a failed breakout followed by a retest of the middle of the trading range.<\/li>\n\n\n\n<li>They must create strong bear bars to show they are back in control.<\/li>\n\n\n\n<li>The move up (since the February 18 low) is in a tight bull channel with big bull bars which means strong bulls.<\/li>\n\n\n\n<li>Most breakouts from trading ranges fail. Markets have inertia and tend to continue what they have been doing.<\/li>\n\n\n\n<li>That means trading ranges (and trends) are resistant to change and tend to continue.<\/li>\n\n\n\n<li>However, if the bulls can create strong follow-through buying, the odds of a successful breakout and a measured move will increase.<\/li>\n\n\n\n<li>For now, traders want to see if the bulls can create more follow-through buying.<\/li>\n\n\n\n<li>Or will the market start to stall and trade back into the trading range in the next few weeks instead?<\/li>\n\n\n\n<li>For now, the market may still be in the sideways to up phase.<\/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\/04\/Eurusd-Daily-Some-Ft-Buying-Bulls-Need-to-Do-More.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/Eurusd-Daily-Some-Ft-Buying-Bulls-Need-to-Do-More-680x383.jpg\" alt=\"Eurusd Daily - Some Ft Buying, Bulls Need to Do More\" class=\"wp-image-235157\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/Eurusd-Daily-Some-Ft-Buying-Bulls-Need-to-Do-More-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/Eurusd-Daily-Some-Ft-Buying-Bulls-Need-to-Do-More-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/Eurusd-Daily-Some-Ft-Buying-Bulls-Need-to-Do-More-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/Eurusd-Daily-Some-Ft-Buying-Bulls-Need-to-Do-More-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/Eurusd-Daily-Some-Ft-Buying-Bulls-Need-to-Do-More.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 up for the week.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-bull-breakout\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said the move was strong enough for traders to expect at least a small sideways to up leg to retest the current leg extreme high (now Apr 11 high) after a pullback.<\/li>\n\n\n\n<li>The bulls got a large second leg sideways to up in the last 3 weeks.<\/li>\n\n\n\n<li>They want a strong breakout above the trading range followed by a measured move based on the height of the trading range.<\/li>\n\n\n\n<li>That would take the market to near the 2021 high area.<\/li>\n\n\n\n<li>They see the last 5 days forming a small bull flag and want a strong breakout above.<\/li>\n\n\n\n<li>They must create sustained follow-through buying to increase the odds of a measured move up.<\/li>\n\n\n\n<li>If there is a pullback, they want it to be weak and sideways (overlapping candlesticks, doji(s), prominent tails below candlesticks).<\/li>\n\n\n\n<li>If there is a deeper pullback, they want the 20-day EMA to act as support.<\/li>\n\n\n\n<li>The bears see the current move as a large 2-legged bull leg and a buy vacuum test of the trading range high.<\/li>\n\n\n\n<li>They want a failed breakout followed by a retest of the middle of the trading range.<\/li>\n\n\n\n<li>They see the last 5 trading days forming a small triangle. They hope that it will be the final flag of the move.<\/li>\n\n\n\n<li>They want a reversal from a wedge pattern (Mar 18, Apr 3, and Apr 11).<\/li>\n\n\n\n<li>They need to create strong consecutive bear bars to show that they are back in control.<\/li>\n\n\n\n<li>The move up since the February 28 low has been strong, with big consecutive bull bars and relatively small pullbacks.<\/li>\n\n\n\n<li>The move could still be a bull leg and a buy vacuum within the trading range.<\/li>\n\n\n\n<li>Markets have inertia and odds slightly favor the trading range to continue.<\/li>\n\n\n\n<li>However, if the bulls can create sustained follow-through buying in the next few weeks, the odds of a successful breakout and a measured move will increase.<\/li>\n\n\n\n<li>The move up has been strong enough for traders to expect at least a small sideways to up leg to retest the current leg extreme high (now Apr 11 high).<\/li>\n\n\n\n<li>For now, the market may still be in the sideways to up phase.<\/li>\n\n\n\n<li>Traders will see if the bulls can create more follow-through buying above the trading range.<\/li>\n\n\n\n<li>Or will the market stall and form a pullback into the trading range instead?<\/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 weekly EURUSD bulls need follow-through buying following the breakout above the trading range. They want a strong breakout followed by a measured move based on the height of the trading range. The bears want a failed breakout followed by a retest of the middle of the trading range. EURUSD Forex [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":235154,"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-235009","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\/04\/EURUSD-Weekly-Some-FT-Buying-Bulls-Need-to-Do-More.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\/235009","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=235009"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/235009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/235154"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=235009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=235009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=235009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}