{"id":232346,"date":"2025-03-16T01:30:00","date_gmt":"2025-03-16T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=232346"},"modified":"2025-03-16T01:14:09","modified_gmt":"2025-03-16T08:14:09","slug":"eurusd-bulls-want-follow-through-buying","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/eurusd-bulls-want-follow-through-buying\/","title":{"rendered":"EURUSD Bulls Want Follow-through Buying"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The EURUSD bulls want follow-through buying to retest the top of the trading range (Aug\/Sep highs). The bears hope the market will stall around the middle of the trading range and form a lower high. The move is strong enough for traders to expect at least a small second leg sideways to up after a pullback.<\/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-Bulls-Want-Retest-Trading-Range-High.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Bulls-Want-Retest-Trading-Range-High-680x383.jpg\" alt=\"EURUSD Weekly - Bulls Want Retest Trading Range High, EURUSD Bulls Want Follow-through Buying\" class=\"wp-image-232495\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Bulls-Want-Retest-Trading-Range-High-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Bulls-Want-Retest-Trading-Range-High-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Bulls-Want-Retest-Trading-Range-High-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Bulls-Want-Retest-Trading-Range-High-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Weekly-Bulls-Want-Retest-Trading-Range-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>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 bull bar closing below the middle of its range with a long tail above.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-bull-leg\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would see if the bulls could create a follow-through bull bar or if the market would lack follow-through buying.<\/li>\n\n\n\n<li>The bulls got follow-through buying testing the November 6 high but the long tail above the candlestick indicates some profit-taking activity.<\/li>\n\n\n\n<li>Previously, the bulls got 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 20, Jan 2, and Jan 13) and a higher low major trend reversal (Feb 3).<\/li>\n\n\n\n<li>They hope the bull leg to retest the top of the trading range (Aug\/Sep highs) is underway.<\/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 11).<\/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 the middle of the trading range or the November 6 high will act as resistance.<\/li>\n\n\n\n<li>If the market trades higher, they want a reversal from a micro wedge pattern (with the first two legs being Mar 7 and Mar 11).<\/li>\n\n\n\n<li>So far, the market formed a strong bull leg testing the middle of the trading range. The market could still trade slightly higher.<\/li>\n\n\n\n<li>The move is strong enough for traders to expect at least a small second leg sideways to up after a pullback.<\/li>\n\n\n\n<li>For now, traders will see if the bulls can create more follow-through buying.<\/li>\n\n\n\n<li>Or will the market continue to stall around the November 6 high area instead?<\/li>\n\n\n\n<li>The market is trading around the middle of the trading range which is an area of balance and a magnet.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) within the trading range until there is a breakout from either direction with sustained follow buying\/selling.<\/li>\n\n\n\n<li>That means buying in the lower third and selling in the upper third of the trading range.<\/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-Want-2nd-Leg-Up-Bears-Want-Lower-High.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-Want-2nd-Leg-Up-Bears-Want-Lower-High-680x383.jpg\" alt=\"EURUSD Daily - Bulls Want 2nd Leg Up, Bears Want Lower High\" class=\"wp-image-232498\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-Want-2nd-Leg-Up-Bears-Want-Lower-High-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-Want-2nd-Leg-Up-Bears-Want-Lower-High-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-Want-2nd-Leg-Up-Bears-Want-Lower-High-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-Want-2nd-Leg-Up-Bears-Want-Lower-High-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/03\/EURUSD-Daily-Bulls-Want-2nd-Leg-Up-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>The EURUSD traded higher early in the week followed by a small pullback from midweek onward.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-bull-leg\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would see if the bulls could continue to create more follow-through buying trading above the November 6 high, or if the market would stall around the current levels (middle of the trading range or the November 6 high area) instead.<\/li>\n\n\n\n<li>The market traded slightly higher to test the November 6 high but there was no strong breakout above it yet.<\/li>\n\n\n\n<li>The bulls got 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 20, Jan 2, and Jan 13) and a higher low major trend reversal (Feb 3).<\/li>\n\n\n\n<li>They hope 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 11).<\/li>\n\n\n\n<li>The bears see the current move as a buy vacuum and a bull leg within the trading range.<\/li>\n\n\n\n<li>They hope 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>If the market trades higher, they want a reversal from a wedge pattern (with the first two legs being Mar 7 and Mar 11).<\/li>\n\n\n\n<li>So far, the bull leg within the trading range is currently underway. The market could still trade slightly higher.<\/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 after 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) followed by a deeper pullback instead?<\/li>\n\n\n\n<li>The market is trading around the middle of the trading range which is an area of balance.<\/li>\n\n\n\n<li>Traders will BLSH (Buy Low, Sell High) until there is a breakout from either direction with sustained follow-through buying\/selling.<\/li>\n\n\n\n<li>That means buying in the lower third and selling in the upper third of the large trading range.<\/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 EURUSD bulls want follow-through buying to retest the top of the trading range (Aug\/Sep highs). The bears hope the market will stall around the middle of the trading range and form a lower high. The move is strong enough for traders to expect at least a small second leg sideways [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":232495,"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-232346","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-Bulls-Want-Retest-Trading-Range-High.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\/232346","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=232346"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/232346\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/232495"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=232346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=232346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=232346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}