{"id":231835,"date":"2025-03-09T01:30:00","date_gmt":"2025-03-09T09:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=231835"},"modified":"2025-03-09T00:13:54","modified_gmt":"2025-03-09T08:13:54","slug":"weekly-eurusd-bull-leg","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/weekly-eurusd-bull-leg\/","title":{"rendered":"Weekly EURUSD Bull Leg"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The weekly chart formed a weekly EURUSD bull leg trading back into the trading range. The bulls hope to get follow-through buying to retest the top of the trading range (Aug\/Sep highs). The bears hope that the middle of the trading range or the November 6 high will act as resistance.<\/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\/03\/EURUSD-Weekly-No-FT-Selling-Bull-BO-Measured-Move-resize.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-No-FT-Selling-Bull-BO-Measured-Move-resize-680x383.jpg\" alt=\"EURUSD Weekly - No FT Selling, Bull BO &amp; Measured Move, Weekly EURUSD Bull Leg\" class=\"wp-image-231976\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-No-FT-Selling-Bull-BO-Measured-Move-resize-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-No-FT-Selling-Bull-BO-Measured-Move-resize-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-No-FT-Selling-Bull-BO-Measured-Move-resize-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-No-FT-Selling-Bull-BO-Measured-Move-resize.jpg 1280w\" 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 a big bull bar closing in its upper half with a prominent tail above.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weak-eurusd-breakout\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said that traders would see if the bears could create strong follow-through selling testing near the February 3 low area, or if the market would trade slightly lower but lack sustained follow-through selling instead.<\/li>\n\n\n\n<li>The market formed a big bull bar testing the middle of the trading range.<\/li>\n\n\n\n<li>The bulls see the whole move down (from Sept) as a sell vacuum and a bear leg within a trading range.<\/li>\n\n\n\n<li>They want a failed breakout (below the trading range) followed by a retest of the middle of the trading range (near the Nov 6 high area). The bulls got what they wanted.<\/li>\n\n\n\n<li>Next, they hope to get follow-through buying to retest the top of the trading range (Aug\/Sep highs).<\/li>\n\n\n\n<li>If the market trades lower, they expect to get at least a small second leg sideways to up to retest the current leg extreme high (now Mar 7).<\/li>\n\n\n\n<li>The bears hope the market will stall around the middle of the trading range and form a lower high.<\/li>\n\n\n\n<li>They see the current move as a buy vacuum and a bull leg within the trading range.<\/li>\n\n\n\n<li>They hope that the middle of the trading range or the November 6 high will act as resistance.<\/li>\n\n\n\n<li>The market formed a big bull bar trading back into the trading range.<\/li>\n\n\n\n<li>The bull leg within the trading range is underway.<\/li>\n\n\n\n<li>The move is strong enough for traders to expect at least a small second leg sideways to up following a pullback.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can create a follow-through bull bar.<\/li>\n\n\n\n<li>Or will the market lack follow-through buying instead?<\/li>\n\n\n\n<li>The middle of the trading range is an area of balance and a magnet.<\/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\/03\/EURUSD-Daily-Bulls-BO-Measured-Move-resize.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-BO-Measured-Move-resize-680x383.jpg\" alt=\"EURUSD Daily - Bulls BO &amp; Measured Move \" class=\"wp-image-231979\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-BO-Measured-Move-resize-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-BO-Measured-Move-resize-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-BO-Measured-Move-resize-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-BO-Measured-Move-resize.jpg 1280w\" 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 spike back up testing the middle of the trading range.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-bulls-need-follow-through-buying\/\" target=\"_blank\" rel=\"noreferrer noopener\">Previously<\/a>, we said that traders would see if the bulls could create a breakout above the January 27 high with sustained follow-through buying, or if the bears could create a bear leg to retest near the January 13 low area instead.<\/li>\n\n\n\n<li>The bulls want a failed breakout below the trading range. They got a reversal from a wedge pattern (Oct 23, Nov 22, and Jan 13), an embedded wedge (Dec 13, Jan 2, and Jan 13) and a higher low major trend reversal (Feb 3).<\/li>\n\n\n\n<li>They want a breakout above the January 27 high followed by a measured move based on the height of the 10-week trading range. They got it this week.<\/li>\n\n\n\n<li>They hope that the bull leg to retest the top of the trading range is now underway.<\/li>\n\n\n\n<li>If there is a pullback, the bulls expect at least a small second leg sideways to up to retest the current leg extreme high (now Mar 7).<\/li>\n\n\n\n<li>The bears could not create sustained follow-through selling following the breakout below the trading range.<\/li>\n\n\n\n<li>They see the current move as a buy vacuum and a bull leg within the trading range.<\/li>\n\n\n\n<li>They hope that the middle of the trading range or the November 6 high will act as resistance.<\/li>\n\n\n\n<li>They want the market to form a lower high.<\/li>\n\n\n\n<li>The bull leg within the trading range is currently underway.<\/li>\n\n\n\n<li>The move up is strong enough for traders to expect at least a small second leg sideways to up following a pullback.<\/li>\n\n\n\n<li>Traders will see if the bulls can continue to create more follow-through buying trading above the November 6 high.<\/li>\n\n\n\n<li>Or will the market stall around the current levels (middle of the trading range or the November 6 high area) 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 chart formed a weekly EURUSD bull leg trading back into the trading range. The bulls hope to get follow-through buying to retest the top of the trading range (Aug\/Sep highs). The bears hope that the middle of the trading range or the November 6 high will act as resistance. [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":231976,"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-231835","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\/03\/EURUSD-Weekly-No-FT-Selling-Bull-BO-Measured-Move-resize.jpg","author_info":{"display_name":"Andrew","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/andrewa\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/231835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/2836"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=231835"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/231835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/231976"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=231835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=231835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=231835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}