{"id":259598,"date":"2026-01-11T01:30:00","date_gmt":"2026-01-11T09:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=259598"},"modified":"2026-01-11T00:14:37","modified_gmt":"2026-01-11T08:14:37","slug":"weekly-eurusd-pullback-to-the-20-week-ema","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/weekly-eurusd-pullback-to-the-20-week-ema\/","title":{"rendered":"Weekly EURUSD Pullback to the 20-Week EMA"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The market formed a weekly <strong>EURUSD <\/strong>pullback to the 20-week EMA. Bulls want the 20-week EMA to act as support, followed by at least a small sideways-to-up leg to retest the December 24 high. Bears need strong consecutive bear bars breaking well below the 20-week EMA to show control.<\/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\/2026\/01\/EURUSD-Weekly-Bears-Need-FT-Selling-Bulls-Want-HL.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Need-FT-Selling-Bulls-Want-HL-680x383.jpg\" alt=\"EURUSD Weekly - Bears Need FT Selling, Bulls Want HL, Weekly EURUSD Pullback to the 20-Week EMA\" class=\"wp-image-259738\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Need-FT-Selling-Bulls-Want-HL-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Need-FT-Selling-Bulls-Want-HL-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Need-FT-Selling-Bulls-Want-HL-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Need-FT-Selling-Bulls-Want-HL-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Weekly-Bears-Need-FT-Selling-Bulls-Want-HL.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, testing the 20-week EMA.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/monthly-eurusd-double-bottom-bull-flag\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bulls could get follow-through buying toward the September 17 high or whether the market would stall and retest the 20-week EMA.<\/li>\n\n\n\n<li>Bulls retested the recent trend extreme high (September 17), forming a lower high on December 24.<\/li>\n\n\n\n<li>The rally from the November 21 low formed a 7-bar bull microchannel, indicating persistent buying; buyers may appear below its first pullback.<\/li>\n\n\n\n<li>Bulls see the current move as a pullback forming another leg in a developing wedge bull flag (first two legs: August 1 and November 5).<\/li>\n\n\n\n<li>Bulls want the 20-week EMA to act as support, followed by at least a small sideways-to-up leg to retest the December 24 high.<\/li>\n\n\n\n<li>They want the pullback to be weak and sideways, with little follow-through selling.<\/li>\n\n\n\n<li>Bears want the upper third of the multi-year trading range to act as resistance, keeping a lower high relative to the January 2021 high, which remains the case so far.<\/li>\n\n\n\n<li>Bears see the December 24 pullback as a retest of the prior trend extreme high and want it to stall below the September 17 high to form a lower high major trend reversal.<\/li>\n\n\n\n<li>Bears need strong consecutive bear bars breaking well below the 20-week EMA to show control.<\/li>\n\n\n\n<li>The market has been in a 30-week trading range.<\/li>\n\n\n\n<li>Until there is a clear breakout with strong follow-through, traders may continue to Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n<li>The market is trading near the middle of the range, which can act as a balance area and a magnet.<\/li>\n\n\n\n<li>Traders will watch whether bears can produce a follow-through bear bar closing below the 20-week EMA.<\/li>\n\n\n\n<li>Or will buyers emerge after the pullback below the 7-bar bull microchannel to retest the December 24 high instead?<\/li>\n\n\n\n<li>For now, the pullback is likely minor unless there is a strong breakout below the August 1 low.<\/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\/2026\/01\/EURUSD-Daily-Bulls-Want-Wedge-BF-Bears-Want-2nd-Leg-Down.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Daily-Bulls-Want-Wedge-BF-Bears-Want-2nd-Leg-Down-680x383.jpg\" alt=\"EURUSD Daily - Bulls Want Wedge BF, Bears Want 2nd Leg Down\" class=\"wp-image-259739\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Daily-Bulls-Want-Wedge-BF-Bears-Want-2nd-Leg-Down-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Daily-Bulls-Want-Wedge-BF-Bears-Want-2nd-Leg-Down-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Daily-Bulls-Want-Wedge-BF-Bears-Want-2nd-Leg-Down-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Daily-Bulls-Want-Wedge-BF-Bears-Want-2nd-Leg-Down-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/01\/EURUSD-Daily-Bulls-Want-Wedge-BF-Bears-Want-2nd-Leg-Down.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 below the 20-day EMA this week.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-6-bar-bull-microchannel\/\" target=\"_blank\" rel=\"noreferrer noopener\">Previously<\/a>, we said traders would watch whether bulls could get follow-through buying above the October 1 high or whether bears could form strong bear bars trading below the 20-day EMA.<\/li>\n\n\n\n<li>Bears see the December 24 rally as a retest of the prior trend extreme high and want it to stall below the September 17 high to form a lower high major trend reversal.<\/li>\n\n\n\n<li>They want the October 1 high to act as resistance, forming a double top bear flag (October 1 and December 24), followed by a sideways-to-down leg to retest the August 1 low.<\/li>\n\n\n\n<li>The selloff from the December 24 high is in a tight bear channel, indicating persistent selling; bears expect at least a small second leg sideways to down after a pullback.<\/li>\n\n\n\n<li>If the market trades higher, bears want the 20-day EMA or the December 24 high to act as resistance.<\/li>\n\n\n\n<li>Bears need strong consecutive bear bars closing near their lows and breaking well below the August 1 low to increase the odds of a successful reversal.<\/li>\n\n\n\n<li>Bulls got a retest of the prior leg extreme high (September 17), forming a lower high on December 24.<\/li>\n\n\n\n<li>Bulls see the current move as another leg of a developing wedge bull flag (first two legs: August 1 and November 5).<\/li>\n\n\n\n<li>Bulls want the pullback to form a higher low relative to the November 5 low.<\/li>\n\n\n\n<li>They need strong consecutive bull bars trading above the 20-day EMA to show control.<\/li>\n\n\n\n<li>EURUSD has been in a 151-day trading range.<\/li>\n\n\n\n<li>Until there is a strong breakout with sustained follow-through, traders may continue to Buy Low, Sell High (BLSH), buying near the lower third and selling near the upper third of the range.<\/li>\n\n\n\n<li>The market is trading near the middle of the range, which can act as a balance area and a magnet.<\/li>\n\n\n\n<li>Traders will watch whether bears can get further follow-through selling toward the November 5 low; if there is a pullback, they will see whether bears can form a strong second leg sideways to down.<\/li>\n\n\n\n<li>Or will bulls produce consecutive strong bull bars reversing far above the 20-day EMA instead?<\/li>\n\n\n\n<li>For now, the pullback appears minor unless there is a strong breakout below the August 1 low.<\/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 pullback to the 20-week EMA. Bulls want the 20-week EMA to act as support, followed by at least a small sideways-to-up leg to retest the December 24 high. Bears need strong consecutive bear bars breaking well below the 20-week EMA to show control. EURUSD Forex [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":259738,"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-259598","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\/2026\/01\/EURUSD-Weekly-Bears-Need-FT-Selling-Bulls-Want-HL.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\/259598","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=259598"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/259598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/259738"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=259598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=259598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=259598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}