{"id":249749,"date":"2025-09-07T01:30:00","date_gmt":"2025-09-07T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=249749"},"modified":"2025-09-07T00:48:39","modified_gmt":"2025-09-07T07:48:39","slug":"weekly-eurusd-bulls-need-strong-follow-through-buying","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/weekly-eurusd-bulls-need-strong-follow-through-buying\/","title":{"rendered":"Weekly EURUSD Bulls Need Strong Follow-through Buying"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The weekly <strong>EURUSD <\/strong>bulls need strong follow-through buying breaking above the recent tight trading range to increase the odds of another leg up. The bears want a reversal from a lower high major trend reversal or a double top bear flag (Jul 24 and Sept 5).<\/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\/09\/EURUSD-Weekly-Tight-Trading-Range-Bulls-Need-FT-Buying.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Weekly-Tight-Trading-Range-Bulls-Need-FT-Buying-680x383.jpg\" alt=\"EURUSD Weekly - Tight Trading Range, Bulls Need FT Buying, Weekly EURUSD Bulls Need Strong Follow-through Buying\" class=\"wp-image-249931\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Weekly-Tight-Trading-Range-Bulls-Need-FT-Buying-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Weekly-Tight-Trading-Range-Bulls-Need-FT-Buying-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Weekly-Tight-Trading-Range-Bulls-Need-FT-Buying-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Weekly-Tight-Trading-Range-Bulls-Need-FT-Buying-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Weekly-Tight-Trading-Range-Bulls-Need-FT-Buying.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 on the <a href=\"https:\/\/www.investing.com\/currencies\/eur-usd\" rel=\"noopener\">weekly EURUSD Forex chart<\/a> was a bull doji closing in its upper half with a long tail below and a prominent tail above.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/no-eurusd-follow-through-selling\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said the pullback (Aug 1) appears to be minor. Traders would see if the bulls could create strong bull bars, followed by a breakout above the July 1 high, or if the market would continue to stall below the July 24 high, followed by bear bars instead.<\/li>\n\n\n\n<li>The market traded lower in the first half of the week but lacked follow-through selling. The EURUSD reversed higher on Friday.<\/li>\n\n\n\n<li>The bears see the recent move (Jul 1) as a bull leg and a buy vacuum test of the multi-year trading range high. They want the move to form a lower high (vs Jan 2021).<\/li>\n\n\n\n<li>They want the upper third of the multi-year trading range, or the May 2021 high, to act as a resistance area.<\/li>\n\n\n\n<li>They see the current move as a retest of the prior trend&#8217;s extreme high (Jul 1).<\/li>\n\n\n\n<li>They want a reversal from a lower high major trend reversal or a double top bear flag (Jul 24 and Sept 5).<\/li>\n\n\n\n<li>If the market trades higher, they want it to form a double top with the July 1 high.<\/li>\n\n\n\n<li>They must create strong consecutive bear bars breaking below the tight trading range to show they are back in control.<\/li>\n\n\n\n<li>Previously, the bulls got a strong move in a tight bull channel (Jul 1).<\/li>\n\n\n\n<li>They want another leg up to form the larger wedge pattern, with the first two legs being April 21 and July 1 highs.<\/li>\n\n\n\n<li>They want a measured move (based on the height of the trading range), which will take the market to the 2021 high area.<\/li>\n\n\n\n<li>They see the recent move (Aug 1) as a two-legged pullback and hope that it has alleviated the recent overbought condition.<\/li>\n\n\n\n<li>They want a resumption of the trend from a double bottom bull flag (Jul 17 and Aug 1) and a wedge bull flag (Jul 17, Aug 1, and Aug 27).<\/li>\n\n\n\n<li>The bulls need to create strong follow-through buying trading above the tight trading range to increase the odds of a resumption of the trend.<\/li>\n\n\n\n<li>So far, the move up (Jul 1) was in a tight bull channel, which means strong bulls.<\/li>\n\n\n\n<li>The recent pullback (Aug 1) consists of overlapping candlesticks, bull bars, and prominent tails below candlesticks.<\/li>\n\n\n\n<li>The bear attempted to trade lower over the last four weeks, but the moves lacked follow-through selling (long tails below candlesticks and closing in their upper half).<\/li>\n\n\n\n<li>Traders will see if the bulls can create a strong breakout above the tight trading range, followed by a breakout above the July 1 high.<\/li>\n\n\n\n<li>If the pullback (Aug 1) remains weak (sideways with overlapping ranges, bull bars, prominent tails below candlesticks) and holding above the 20-week EMA, the odds of a retest and breakout above the July 1 high will increase soon.<\/li>\n\n\n\n<li>Or will the market continue to stall around the July 24 high area instead? If this condition persists, traders will conclude that the bulls aren&#8217;t able to push higher, which will likely increase the odds of selling pressure returning.<\/li>\n\n\n\n<li>For now, the pullback (Aug 1) appears to be minor.<\/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\/09\/EURUSD-Daily-Tight-Trading-Range-Bulls-Need-FT-Buying.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Daily-Tight-Trading-Range-Bulls-Need-FT-Buying-680x383.jpg\" alt=\"EURUSD Daily - Tight Trading Range, Bulls Need FT Buying\" class=\"wp-image-249934\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Daily-Tight-Trading-Range-Bulls-Need-FT-Buying-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Daily-Tight-Trading-Range-Bulls-Need-FT-Buying-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Daily-Tight-Trading-Range-Bulls-Need-FT-Buying-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Daily-Tight-Trading-Range-Bulls-Need-FT-Buying-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/09\/EURUSD-Daily-Tight-Trading-Range-Bulls-Need-FT-Buying.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 market traded lower in the first half of the week but lacked follow-through selling. Friday reversed higher but closed with a prominent tail above.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/eurusd-bulls-want-a-trend-resumption\/\" target=\"_blank\" rel=\"noreferrer noopener\">Previously<\/a>, we said the pullback (Aug 1) may only be minor. Traders would see if the bulls could create more follow-through buying to retest and break above the July 1 high, or if the market would continue to stall below the July 24 high instead.<\/li>\n\n\n\n<li>The market has been trading sideways around the 20-day EMA and below the July 24 high over the past few weeks.<\/li>\n\n\n\n<li>The bears got a two-legged pullback (Aug 1) following the large wedge pattern (Mar 18, Apr 21, and Jul 1) and embedded wedge (May 26, Jun 12, and Jul 1).<\/li>\n\n\n\n<li>They view the current move as a retest of the prior high (Jul 1), forming a double top bear flag (Jul 24 and Sept 5) and a smaller wedge bear flag (Aug 13, Aug 22, and Sept 5).<\/li>\n\n\n\n<li>If the market trades higher, they want the July 24 or July 1 highs to act as resistance areas.<\/li>\n\n\n\n<li>They must create strong consecutive bear bars breaking below the 4-week tight trading range and the 20-day EMA to show they are back in control.<\/li>\n\n\n\n<li>The bulls want a measured move (based on the height of the trading range), which will take the market to the 2021 high area.<\/li>\n\n\n\n<li>They see the recent move (Aug 1) as a two-legged pullback and hope that it has alleviated the prior overbought condition.<\/li>\n\n\n\n<li>They want another leg up to form the larger wedge pattern, with the first two legs being April 21 and July 1 highs.<\/li>\n\n\n\n<li>They want the 20-day EMA to act as a support area.<\/li>\n\n\n\n<li>The bulls need to create a strong breakout above the 4-week tight trading range accompanied by follow-through buying to increase the odds of another leg up.<\/li>\n\n\n\n<li>The prior move (Jul 1) was strong (in a tight bull channel), which means strong bulls.<\/li>\n\n\n\n<li>The recent pullback (Aug 1) appears relatively weaker compared to the prior leg up (May 12 to Jul 1).<\/li>\n\n\n\n<li>The market attempted to trade lower several times over the last few weeks (Aug 22, Aug 27, and Sept 3) but lacked follow-through selling below the 20-day EMA.<\/li>\n\n\n\n<li>The pullback (Aug 1) may only be minor.<\/li>\n\n\n\n<li>Traders will see if the bulls can create more follow-through buying, breaking above the tight trading range.<\/li>\n\n\n\n<li>Or will the market continue to stall below the July 24 high instead? If this condition persists, it will increase the odds of selling pressure returning in the weeks ahead.<\/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 EURUSD bulls need strong follow-through buying breaking above the recent tight trading range to increase the odds of another leg up. The bears want a reversal from a lower high major trend reversal or a double top bear flag (Jul 24 and Sept 5). EURUSD Forex market The Weekly [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":249931,"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-249749","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\/09\/EURUSD-Weekly-Tight-Trading-Range-Bulls-Need-FT-Buying.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\/249749","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=249749"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/249749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/249931"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=249749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=249749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=249749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}