{"id":262621,"date":"2026-02-15T01:30:00","date_gmt":"2026-02-15T09:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=262621"},"modified":"2026-02-15T00:11:19","modified_gmt":"2026-02-15T08:11:19","slug":"eurusd-bulls-want-a-breakout","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/eurusd-bulls-want-a-breakout\/","title":{"rendered":"EURUSD Bulls Want a Breakout"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The <strong>EURUSD <\/strong>bulls want a breakout and a measured move toward the 2021 high, based on the height of the 7-month trading range. Bulls see the February 6 move as a breakout pullback test of the December 24 high. Bears want at least a small second leg sideways to down to retest the February 6 low.<\/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\/02\/EURUSD-Weekly-2nd-Leg-Down-or-Breakout.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-2nd-Leg-Down-or-Breakout-680x383.jpg\" alt=\"EURUSD Weekly - 2nd Leg Down, or Breakout, EURUSD Bulls Want a Breakout\" class=\"wp-image-262969\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-2nd-Leg-Down-or-Breakout-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-2nd-Leg-Down-or-Breakout-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-2nd-Leg-Down-or-Breakout-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-2nd-Leg-Down-or-Breakout-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-2nd-Leg-Down-or-Breakout.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 candlestick was a bull bar closing near the middle of its range, with a prominent tail above.<\/li>\n\n\n\n<li><a href=\"\/?p=261916\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch for follow-through selling toward the 20-week EMA, or a stall around the December 24 high followed by a retest of the January 27 high.<\/li>\n\n\n\n<li>The market traded higher, but the long tail above indicates some weakness for bulls.<\/li>\n\n\n\n<li>Previously, bulls broke above the September 17 high but lacked follow-through buying.<\/li>\n\n\n\n<li>Bulls see the February 6 move as a breakout pullback test of the December 24 high.<\/li>\n\n\n\n<li>They want a weak, sideways pullback with overlapping bars, long tails below, and prominent bull bars.<\/li>\n\n\n\n<li>Bulls want the December 24 high or the 20-week EMA to act as support, followed by a retest of the January 27 high and a sustained breakout above it.<\/li>\n\n\n\n<li>They are looking for a measured move toward the 2021 high, based on the height of the 7-month trading range.<\/li>\n\n\n\n<li>Bulls need consecutive strong bull bars breaking above the September 17 high and the bear trend line (not shown &#8211; drawn across the February 2018 and January 2021 highs) to increase the odds of trend resumption.<\/li>\n\n\n\n<li>Bears see the January 27 rally as a buy vacuum test of the September 17 high and the bear trend line (not shown).<\/li>\n\n\n\n<li>Bears want a failed breakout above the September 17 high, followed by a two-legged sideways to down pullback.<\/li>\n\n\n\n<li>They want at least a small second leg sideways to down to retest the February 6 low.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars to flip the market to Always In Short.<\/li>\n\n\n\n<li>If the market trades higher, bears want a lower high relative to January 27.<\/li>\n\n\n\n<li>The market recently broke above the 35-week trading range but failed and reversed back into it.<\/li>\n\n\n\n<li>Traders are deciding whether the February 6 move is a breakout pullback test of the December 24 high or the start of a two-legged sideways to down pullback.<\/li>\n\n\n\n<li>For now, the market remains in a 35-week trading range. 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>Traders will watch whether bulls generate follow-through buying to retest the January 27 high, or whether bears create a second leg sideways to down to retest the February 6 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\/02\/EURUSD-Daily-Bulls-Want-Strong-BO-Bears-Want-Lower-High.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-Strong-BO-Bears-Want-Lower-High-680x383.jpg\" alt=\"EURUSD Daily - Bulls Want Strong BO, Bears Want Lower High\" class=\"wp-image-262970\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-Strong-BO-Bears-Want-Lower-High-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-Strong-BO-Bears-Want-Lower-High-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-Strong-BO-Bears-Want-Lower-High-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-Strong-BO-Bears-Want-Lower-High-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-Strong-BO-Bears-Want-Lower-High.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 higher on Monday, forming a large bull bar. The market then pulled back and formed two consecutive dojis on Thursday and Friday.<\/li>\n\n\n\n<li><a href=\"\/?p=261916\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could generate follow-through selling below the 20-day EMA and the December 24 high, or whether the market would stall there and retest the January 27 high.<\/li>\n\n\n\n<li>Bears want a reversal from a higher high major trend reversal and a trend channel line overshoot on January 27.<\/li>\n\n\n\n<li>They see the current move as a retest of the prior high and want a second leg sideways to down from a lower high major trend reversal.<\/li>\n\n\n\n<li>Bears want limited follow-through buying, with prominent upper tails, overlapping bars, and bear bars.<\/li>\n\n\n\n<li>If the market trades higher, bears want the February 10 area to act as resistance, forming a double top bear flag.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars closing near their lows and breaking below the 20-day EMA to flip the market to Always In Short.<\/li>\n\n\n\n<li>Bulls see the February 6 move as a breakout pullback test of the December 24 breakout point.<\/li>\n\n\n\n<li>They want a strong breakout above the January 27 high, followed by trend resumption.<\/li>\n\n\n\n<li>Bulls need consecutive strong bull bars to increase the odds of a successful breakout above the trading range.<\/li>\n\n\n\n<li>They want the 20-day EMA and the December 24 high to hold as support.<\/li>\n\n\n\n<li>EURUSD recently broke above the trading range, but follow-through buying has been limited.<\/li>\n\n\n\n<li>Traders are deciding whether the February 6 move is a breakout pullback test of the December 24 high or the start of a two-legged sideways to down pullback.<\/li>\n\n\n\n<li>The market remains in a trading range. 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>For now, traders will watch whether bulls can create a second leg sideways to up to retest the January 27 high, or whether bears create a second leg sideways to down below the February 6 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=\"\/?cat_ID=136\" 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 EURUSD bulls want a breakout and a measured move toward the 2021 high, based on the height of the 7-month trading range. Bulls see the February 6 move as a breakout pullback test of the December 24 high. Bears want at least a small second leg sideways to down to [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":262969,"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-262621","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\/02\/EURUSD-Weekly-2nd-Leg-Down-or-Breakout.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\/262621","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=262621"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/262621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/262969"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=262621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=262621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=262621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}