{"id":255531,"date":"2025-11-23T01:30:00","date_gmt":"2025-11-23T09:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=255531"},"modified":"2025-11-22T23:53:22","modified_gmt":"2025-11-23T07:53:22","slug":"weekly-eurusd-bear-leg-in-a-trading-range","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/weekly-eurusd-bear-leg-in-a-trading-range\/","title":{"rendered":"Weekly EURUSD Bear Leg in a Trading Range"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The market formed a weekly EURUSD bear leg in a trading range. Bulls want the 20-week EMA and the August low area to act as support, forming a large double bottom bull flag (Aug 1 and Nov 5) and a wedge bull flag (Sep 25, Oct 9, Nov 5). Bears need strong follow-through selling below the 20-week EMA to increase the odds of a larger second leg sideways to down.<\/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\/11\/EURUSD-Weekly-Retest-Nov-5-Low-Bear-Leg-in-TR.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Weekly-Retest-Nov-5-Low-Bear-Leg-in-TR-680x383.jpg\" alt=\"EURUSD Weekly - Retest Nov 5 Low, Bear Leg in TR, Weekly EURUSD Bear Leg in a Trading Range\" class=\"wp-image-255667\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Weekly-Retest-Nov-5-Low-Bear-Leg-in-TR-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Weekly-Retest-Nov-5-Low-Bear-Leg-in-TR-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Weekly-Retest-Nov-5-Low-Bear-Leg-in-TR-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Weekly-Retest-Nov-5-Low-Bear-Leg-in-TR-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Weekly-Retest-Nov-5-Low-Bear-Leg-in-TR.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 week\u2019s EURUSD candlestick was a bear bar closing near its low and below the 20-week EMA.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-wedge-bull-flag\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bulls could create follow-through buying above the 20-week EMA, or if the market would trade slightly higher but stall and reverse below it.<\/li>\n\n\n\n<li>Bulls see the recent move (Nov 5) as a pullback within a broader bull trend.<\/li>\n\n\n\n<li>They see the current move as a retest of the November 5 low and want the market to form a higher low or a small double bottom.<\/li>\n\n\n\n<li>They want the 20-week EMA and the August low area to act as support, forming a large double bottom bull flag (Aug 1 and Nov 5) and a wedge bull flag (Sep 25, Oct 9, Nov 5).<\/li>\n\n\n\n<li>They need a strong break above the 20-day EMA and the bear trendline to resume the bull trend.<\/li>\n\n\n\n<li>Bulls need to create strong consecutive bull bars to demonstrate they are taking control.<\/li>\n\n\n\n<li>Bears want the upper third of the multi-year trading range to act as resistance, creating a lower high relative to January 2021 \u2014 which remains the case so far.<\/li>\n\n\n\n<li>They are looking for a reversal from a higher-high major trend reversal (Sep 17) and a wedge top (Apr 21, Jul 1, Sep 17).<\/li>\n\n\n\n<li>There could be sellers above the 8-bar bear microchannel pullback (Nov 5), and that was the case this week.<\/li>\n\n\n\n<li>The pullback had overlapping bars, indicating the bears are still not very strong.<\/li>\n\n\n\n<li>Bears need strong follow-through selling below the 20-week EMA to increase the odds of a larger second leg sideways to down.<\/li>\n\n\n\n<li>The market has been in a 23-week trading range.<\/li>\n\n\n\n<li>Traders may continue to Buy Low, Sell High within the range \u2014 buying near the lower third and selling near the upper third \u2014 until a clear breakout with follow-through appears.<\/li>\n\n\n\n<li>For now, traders will watch whether bears can create follow-through selling and break below the November 5 low.<\/li>\n\n\n\n<li>Or will the market stall around the November 5 low area and then reverse above the 20-week EMA in the weeks ahead?<\/li>\n\n\n\n<li>The move from the September 17 high to the November 5 low looks like a bear leg within the trading range.<\/li>\n\n\n\n<li>For now, the odds slightly favor the November 5 pullback being minor.<\/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\/11\/EURUSD-Daily-Bear-Leg-in-Trading-Range.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Daily-Bear-Leg-in-Trading-Range-680x383.jpg\" alt=\"EURUSD Daily - Bear Leg in Trading Range\" class=\"wp-image-255668\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Daily-Bear-Leg-in-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Daily-Bear-Leg-in-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Daily-Bear-Leg-in-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Daily-Bear-Leg-in-Trading-Range-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Daily-Bear-Leg-in-Trading-Range.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>EURUSD traded sideways to down for the week, testing the November 5 low area.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-wedge-bull-flag\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bulls could generate more follow-through buying above the 20-day EMA and the bear trendline, or if the market would stall around the October 28 high and retest the November 5 low.<\/li>\n\n\n\n<li>Bears created a pullback from a higher-high major trend reversal and a large wedge top (Apr 21, Jul 1, Sep 17).<\/li>\n\n\n\n<li>The selloff had several pushes with overlapping ranges, indicating the bears are still not strong.<\/li>\n\n\n\n<li>They see the recent move (Nov 13) as a pullback and want a larger second leg sideways to down from a double top bear flag (Oct 28 and Nov 13).<\/li>\n\n\n\n<li>Bears need strong consecutive bear bars closing near their lows, pushing far below the 20-day EMA and the August 1 low, to increase the odds of a successful reversal.<\/li>\n\n\n\n<li>If the market trades higher, bears want the 20-day EMA or the bear trendline to act as resistance.<\/li>\n\n\n\n<li>Bulls see the recent move (Nov 5) as a pullback forming a large double bottom bull flag (Aug 1 and Nov 5) and a wedge bull flag (Sep 25, Oct 9, Nov 5).<\/li>\n\n\n\n<li>They see the current move as a retest of the November 5 low and want a small double bottom to form.<\/li>\n\n\n\n<li>Bulls need strong consecutive bull bars closing decisively above the 20-day EMA and the bear trendline to increase the odds of the bull trend resuming.<\/li>\n\n\n\n<li>EURUSD has been in a 118-day trading range.<\/li>\n\n\n\n<li>Traders may continue to Buy Low, Sell High within the range \u2014 buying near the lower third and selling near the upper third \u2014 until a strong breakout with sustained follow-through develops in either direction.<\/li>\n\n\n\n<li>The middle of the range can act as an area of balance and a magnet.<\/li>\n\n\n\n<li>Traders will watch whether bears can produce more follow-through selling and break far below the November 5 low.<\/li>\n\n\n\n<li>Or will the market stall around the November 5 low area and reverse above the 20-day EMA instead?<\/li>\n\n\n\n<li>For now, the move from the September 17 high to the November 5 low still looks like a bear leg within a trading range and a minor pullback.<\/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 EURUSD bear leg in a trading range. Bulls want the 20-week EMA and the August low area to act as support, forming a large double bottom bull flag (Aug 1 and Nov 5) and a wedge bull flag (Sep 25, Oct 9, Nov 5). Bears need [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":255667,"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-255531","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\/11\/EURUSD-Weekly-Retest-Nov-5-Low-Bear-Leg-in-TR.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\/255531","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=255531"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/255531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/255667"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=255531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=255531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=255531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}