{"id":253869,"date":"2025-11-02T01:30:00","date_gmt":"2025-11-02T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=253869"},"modified":"2025-11-01T20:18:40","modified_gmt":"2025-11-02T03:18:40","slug":"eurusd-major-lower-high","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/eurusd-major-lower-high\/","title":{"rendered":"EURUSD Major Lower High"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The market is forming a EURUSD major lower high on the monthly chart relative to the January 2021 high. The bears want a reversal from a wedge top (April 21, July 1, and September 17). The bulls see the current move as a pullback in a developing bull trend and want the move to be weak and sideways.<\/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>Monthly<\/em> EURUSD Forex chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Monthly-Wedge-Lower-High-Bears-Need-FT-Selling.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Monthly-Wedge-Lower-High-Bears-Need-FT-Selling-680x383.jpg\" alt=\"EURUSD Monthly - Wedge, Lower High, Bears Need FT Selling, EURUSD Major Lower High\" class=\"wp-image-254011\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Monthly-Wedge-Lower-High-Bears-Need-FT-Selling-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Monthly-Wedge-Lower-High-Bears-Need-FT-Selling-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Monthly-Wedge-Lower-High-Bears-Need-FT-Selling-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Monthly-Wedge-Lower-High-Bears-Need-FT-Selling-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/EURUSD-Monthly-Wedge-Lower-High-Bears-Need-FT-Selling.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 October EURUSD monthly candlestick was a bear bar closing near its low.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/monthly-eurusd-wedge-pattern\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last month<\/a>, traders were watching to see if the bulls could retest the September 17 high and get a breakout above, or if the market would stall around the July 1 and September 17 highs and then pull back toward the August low.<\/li>\n\n\n\n<li>So far, the market stalled below the September 17 high and is pulling back.<\/li>\n\n\n\n<li>The bulls see the current move as a pullback in a developing bull trend. They want the pullback to be weak and sideways \u2014 overlapping bars, long tails below, and poor follow-through selling.<\/li>\n\n\n\n<li>They want the August low to act as support, forming a double bottom bull flag.<\/li>\n\n\n\n<li>If the pullback extends lower, they want the 20-month EMA to hold as support.<\/li>\n\n\n\n<li>The bears see the September 17 rally as a bull leg in a trading range and a buy vacuum test of resistance.<\/li>\n\n\n\n<li>They want the current rally to form a major lower high relative to the January 2021 high. So far, this remains the case.<\/li>\n\n\n\n<li>The bears also see resistance at the bear trend line and the upper third of the multi-year trading range.<\/li>\n\n\n\n<li>They want a reversal from a wedge top (April 21, July 1, and September 17).<\/li>\n\n\n\n<li>They will need consecutive strong bear bars to show they are in control, something they have not achieved since December.<\/li>\n\n\n\n<li>The buying pressure since the January low has been stronger (tight bull channel) than the selling pressure (bear bar with no follow-through selling)+, but the overlapping bars over the past five months show a loss of momentum.<\/li>\n\n\n\n<li>The wedge top and loss of momentum increase the odds of a pullback that may have begun in October.<\/li>\n\n\n\n<li>In November, traders will see if the bears can create strong follow-through selling, or if the pullback remains weak and sideways as it has been through most of 2025.<\/li>\n<\/ul>\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\/11\/Eurusd-Weekly-7-Bar-Bear-MC-Pb-Within-Trading-Range.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/Eurusd-Weekly-7-Bar-Bear-MC-Pb-Within-Trading-Range-680x383.jpg\" alt=\"Eurusd Weekly - 7-Bar Bear MC, Pb Within Trading Range\" class=\"wp-image-254012\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/Eurusd-Weekly-7-Bar-Bear-MC-Pb-Within-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/Eurusd-Weekly-7-Bar-Bear-MC-Pb-Within-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/Eurusd-Weekly-7-Bar-Bear-MC-Pb-Within-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/Eurusd-Weekly-7-Bar-Bear-MC-Pb-Within-Trading-Range-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/11\/Eurusd-Weekly-7-Bar-Bear-MC-Pb-Within-Trading-Range.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 EURUSD candlestick was a bear bar closing near its low and below the 20-week EMA.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/eurusd-pullback-is-stalling\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, traders were watching to see if the pullback would stall above the 20-week EMA or if the bears could create bear bars closing below it.<\/li>\n\n\n\n<li>The bears created a third leg sideways to down (first two legs being Sep 25 and Oct 25), with the market closing below the 20-week EMA for the first time in 34 weeks.<\/li>\n\n\n\n<li>They want the upper third of the multi-year trading range to act as resistance, forming a lower high relative to January 2021. So far, this remains the case.<\/li>\n\n\n\n<li>The bears are looking for a reversal from a higher high major trend reversal (September 17) and a wedge top (April 21, July 1, and September 17).<\/li>\n\n\n\n<li>The pullback is forming as a 7-bar bear microchannel, indicating persistent selling pressure.<\/li>\n\n\n\n<li>There may be sellers above the first pullback above this bear microchannel.<\/li>\n\n\n\n<li>The bears need consecutive strong bear bars closing near their lows, breaking decisively below both the 20-week EMA and the August 1 low, to increase the odds of a trend reversal.<\/li>\n\n\n\n<li>The bulls see the current move as a pullback within a broader bull trend.<\/li>\n\n\n\n<li>They want the 20-week EMA to act as support. If the market trades lower, they want the August low area to hold, forming a large double bottom bull flag with the August 1 low.<\/li>\n\n\n\n<li>The bulls will need strong consecutive bull bars breaking above the bear microchannel to show they have regained control.<\/li>\n\n\n\n<li>The market has been in a trading range for the past 20 weeks.<\/li>\n\n\n\n<li>Traders may continue to Buy Low, Sell High (BLSH) within this range \u2014 buying near the lower third and selling near the upper third \u2014 until there is a clear breakout with follow-through in either direction.<\/li>\n\n\n\n<li>For now, the market could still trade at least a bit lower.<\/li>\n\n\n\n<li>Traders will watch whether the bears can create consecutive bear bars closing far below the 20-week EMA, something not seen since February.<\/li>\n\n\n\n<li>Or if the pullback will remain sideways and lacking in strong follow-through selling, followed by a reversal above the 20-week EMA instead?<\/li>\n\n\n\n<li>The odds slightly favor the pullback being minor for now.<\/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 market is forming a EURUSD major lower high on the monthly chart relative to the January 2021 high. The bears want a reversal from a wedge top (April 21, July 1, and September 17). The bulls see the current move as a pullback in a developing bull trend and want [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":254012,"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-253869","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\/11\/Eurusd-Weekly-7-Bar-Bear-MC-Pb-Within-Trading-Range.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\/253869","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=253869"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/253869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/254012"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=253869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=253869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=253869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}