{"id":274000,"date":"2026-07-26T01:30:00","date_gmt":"2026-07-26T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=274000"},"modified":"2026-07-25T11:32:03","modified_gmt":"2026-07-25T18:32:03","slug":"weekly-eurusd-failed-failure","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/weekly-eurusd-failed-failure\/","title":{"rendered":"Weekly EURUSD Failed Failure"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The market is forming a potential weekly <strong>EURUSD <\/strong>failed failure. In this case, the reversal of the failed breakout below the ii pattern fails, resuming the original bear breakout. Bears need strong follow-through selling while bulls want the low of the trading range to act as support.<\/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\/07\/EURUSD-Weekly-Double-Top-Bear-Flag-Failed-Failure.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Weekly-Double-Top-Bear-Flag-Failed-Failure-680x383.jpg\" alt=\"EURUSD Weekly - Double Top Bear Flag, Failed Failure, Weekly EURUSD Failed Failure\" class=\"wp-image-274083\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Weekly-Double-Top-Bear-Flag-Failed-Failure-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Weekly-Double-Top-Bear-Flag-Failed-Failure-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Weekly-Double-Top-Bear-Flag-Failed-Failure-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Weekly-Double-Top-Bear-Flag-Failed-Failure-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Weekly-Double-Top-Bear-Flag-Failed-Failure.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 formed a bear bar closing near its low.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-bulls-need-follow-through-bull-bars\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bulls could create follow-through buying over the next few weeks to test the 20-week EMA, or whether the market would instead form a failed failure and retest the June 24 low.<\/li>\n\n\n\n<li>Bulls view the current move as a bear leg within the trading range, forming a large wedge bull flag (November 5, March 13, and June 24).<\/li>\n\n\n\n<li>Bulls want the low of the trading range to act as support.<\/li>\n\n\n\n<li>If the market trades lower, bulls want the June 24 low to act as support, forming a failed breakout and a lower low major trend reversal.<\/li>\n\n\n\n<li>Bulls need to create consecutive strong bull bars to show control.<\/li>\n\n\n\n<li>Bears want a reversal from a head and shoulders top (September 17, January 27, and April 17), followed by a measured move based on the height of the trading range.<\/li>\n\n\n\n<li>Bears view the recent move as a pullback forming a double top bear flag (July 2 and July 15).<\/li>\n\n\n\n<li>Bears want a strong retest and breakout below the June 24 low.<\/li>\n\n\n\n<li>If the market trades higher, bears want the July 15 high to act as resistance, forming a wedge bear flag.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars breaking decisively below the March 13 low, with follow-through selling, to increase the odds of a successful breakout and measured move.<\/li>\n\n\n\n<li>The market is forming a potential failed failure. In this case, the reversal of the failed breakout below the ii pattern fails, resuming the original bear breakout.<\/li>\n\n\n\n<li>A failed failure is a second signal, and second signals have a higher probability than first signals.<\/li>\n\n\n\n<li>For now, the market could still trade at least a little lower to test the June 24 low.<\/li>\n\n\n\n<li>Traders will watch whether bears can create follow-through selling below the June 24 low, or whether the market trades slightly lower but stalls around that area instead.<\/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>Markets have inertia and tend to continue doing what they have been doing. About 80% of breakout attempts fail.<\/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\/07\/EURUSD-Daily-Bears-Want-Breakout-Below-June-Low.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Daily-Bears-Want-Breakout-Below-June-Low-680x383.jpg\" alt=\"EURUSD Daily - Bears Want Breakout Below June Low\" class=\"wp-image-274084\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Daily-Bears-Want-Breakout-Below-June-Low-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Daily-Bears-Want-Breakout-Below-June-Low-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Daily-Bears-Want-Breakout-Below-June-Low-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Daily-Bears-Want-Breakout-Below-June-Low-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Daily-Bears-Want-Breakout-Below-June-Low.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. Thursday traded higher to test the 20-day EMA but reversed into an outside bear bar. Friday was an inside bear doji closing near its low.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-bulls-need-follow-through-bull-bars\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could retest the June 24 low, followed by a strong breakout below the trading range, or whether the market would instead stall around the trading range low or the June 24 low.<\/li>\n\n\n\n<li>Bears view the recent move as a pullback forming a wedge bear flag (June 26, July 2, and July 15) and a double top bear flag (July 2 and July 15).<\/li>\n\n\n\n<li>Bears want a retest of the June 24 low, followed by a strong breakout and a measured move based on the height of the trading range.<\/li>\n\n\n\n<li>Bears want the 20-day EMA or the bear trend line to act as resistance.<\/li>\n\n\n\n<li>If the market trades higher, bears want the July 15 high to act as resistance, forming a larger double top bear flag.<\/li>\n\n\n\n<li>Bears need consecutive bear bars closing near their lows and breaking decisively below the low of the trading range to increase the odds of a successful breakout.<\/li>\n\n\n\n<li>Bulls view the current move as a retest of the June 24 low.<\/li>\n\n\n\n<li>Bulls want the move to be weak and sideways, with overlapping candlesticks and prominent lower tails, and want the low of the trading range to hold as support.<\/li>\n\n\n\n<li>Bulls want a reversal from a large wedge bull flag (November 5, March 13, and June 24).<\/li>\n\n\n\n<li>Bulls hope the July 1 low can act as support, forming a higher low double bottom bull flag.<\/li>\n\n\n\n<li>If the market trades lower, bulls want a failed breakout below the trading range, forming a double bottom with the June 24 low or a lower low major trend reversal.<\/li>\n\n\n\n<li>Bulls need consecutive strong bull bars closing near their highs to demonstrate control.<\/li>\n\n\n\n<li>The market is retesting the June 24 low following the recent pullback that tested the 20-day EMA.<\/li>\n\n\n\n<li>Traders will watch whether bears can create strong follow-through selling below the June 24 low, or whether the market stalls around that area instead.<\/li>\n\n\n\n<li>If the retest of the June 24 low is weak and remains sideways for a couple of weeks rather than breaking decisively lower, the odds of a move higher will increase.<\/li>\n\n\n\n<li>For now, the market could still trade at least a little lower.<\/li>\n\n\n\n<li>Markets have inertia and tend to continue doing what they have been doing. About 80% of breakout attempts fail.<\/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<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">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 is forming a potential weekly EURUSD failed failure. In this case, the reversal of the failed breakout below the ii pattern fails, resuming the original bear breakout. Bears need strong follow-through selling while bulls want the low of the trading range to act as support. EURUSD Forex market The [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":274083,"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":["post-274000","post","type-post","status-publish","format-standard","has-post-thumbnail","category-forex","category-analysis","tag-eurusd-forex","entry","override","shadow"],"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/07\/EURUSD-Weekly-Double-Top-Bear-Flag-Failed-Failure.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\/274000","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=274000"}],"version-history":[{"count":4,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/274000\/revisions"}],"predecessor-version":[{"id":274099,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/274000\/revisions\/274099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/274083"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=274000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=274000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=274000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}