{"id":261916,"date":"2026-02-08T01:30:00","date_gmt":"2026-02-08T09:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=261916"},"modified":"2026-02-07T06:33:59","modified_gmt":"2026-02-07T14:33:59","slug":"weekly-eurusd-bears-need-follow-through-selling","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/weekly-eurusd-bears-need-follow-through-selling\/","title":{"rendered":"Weekly EURUSD Bears Need Follow-through Selling"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: EURUSD Forex<\/h2>\n\n\n\n<p>The weekly <strong>EURUSD <\/strong>bears need follow-through selling to increase the odds of a 2-legged sideways to down pullback. Bulls see the current move as a breakout pullback test of the December 24 high. They want the pullback to be weak and sideways, with overlapping candlesticks, long tails below bars, and prominent bull bars.<\/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\/02\/EURUSD-Weekly-BO-PB-or-2-Legged-Sideways-to-Down.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-BO-PB-or-2-Legged-Sideways-to-Down-680x383.jpg\" alt=\"EURUSD Weekly - BO PB, or 2-Legged Sideways to Down, Weekly EURUSD Bears Need Follow-through Selling\" class=\"wp-image-262013\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-BO-PB-or-2-Legged-Sideways-to-Down-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-BO-PB-or-2-Legged-Sideways-to-Down-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-BO-PB-or-2-Legged-Sideways-to-Down-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-BO-PB-or-2-Legged-Sideways-to-Down-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Weekly-BO-PB-or-2-Legged-Sideways-to-Down.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 the middle of its range with a prominent tail below.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/weekly-eurusd-wedge-top\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last week<\/a>, we said traders would watch whether bears could create a strong sell entry bar closing near its low and testing the 20-week EMA, or whether the market would trade lower but close with a long tail below or a bull body instead.<\/li>\n\n\n\n<li>The market traded lower, forming a decent but not decisively strong bear entry bar.<\/li>\n\n\n\n<li>Previously, bulls got a reversal from a wedge bull flag (August 1, November 5, and January 19), breaking above the September 17 high, but lacked follow-through buying.<\/li>\n\n\n\n<li>Bulls see the current move as a breakout pullback test of the December 24 high.<\/li>\n\n\n\n<li>They want the pullback to be weak and sideways, with overlapping candlesticks, long tails below bars, and prominent bull bars.<\/li>\n\n\n\n<li>Bulls want the December 24 high or the 20-week EMA to act as support.<\/li>\n\n\n\n<li>They want a retest of the January 27 high and a sustained breakout above it, followed by a measured move toward the 2021 high based on the height of the recent 7-month trading range.<\/li>\n\n\n\n<li>Bulls need consecutive strong bull bars breaking above the September 17 high and the bear trend line (not shown, drawn across the February 2018 and January 2021 highs) to increase the odds of trend resumption.<\/li>\n\n\n\n<li>Bears see the January 27 move as a buy vacuum test of the September 17 high and the bear trend line (not shown).<\/li>\n\n\n\n<li>Bears want a failed breakout above the September 17 high, followed by a two-legged sideways to down pullback.<\/li>\n\n\n\n<li>Bears got a bear entry bar this week after last week\u2019s reversal signal bar\u2014following a failed breakout above a prior swing high and a trend channel line overshoot.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars to flip the market into Always In Short.<\/li>\n\n\n\n<li>If the market trades higher in the coming weeks, bears see it as a retest of a prior high and want it to form a lower high relative to January 27.<\/li>\n\n\n\n<li>The market recently broke out above the 32-week trading range but failed and reversed back into the range.<\/li>\n\n\n\n<li>While the market traded below last week\u2019s low, triggering the sell entry below the reversal bar, the long tail below the candlestick suggests bears are not yet decisively strong.<\/li>\n\n\n\n<li>Traders are wondering whether the February 6 move is a breakout pullback test of the December 24 high or the start of a two-legged sideways to down pullback.<\/li>\n\n\n\n<li>For now, the market remains in a large 34-week trading range. 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>Traders will watch whether bears can generate more follow-through selling, testing near the 20-week EMA.<\/li>\n\n\n\n<li>Or will the market stall around the December 24 high, followed by a retest of the January 27 high?<\/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\/02\/EURUSD-Daily-Bulls-Want-BO-PB-Bears-Want-2nd-Leg-Down.jpg\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-BO-PB-Bears-Want-2nd-Leg-Down-680x383.jpg\" alt=\"EURUSD Daily - Bulls Want BO-PB, Bears Want 2nd Leg Down\" class=\"wp-image-262014\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-BO-PB-Bears-Want-2nd-Leg-Down-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-BO-PB-Bears-Want-2nd-Leg-Down-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-BO-PB-Bears-Want-2nd-Leg-Down-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-BO-PB-Bears-Want-2nd-Leg-Down-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/02\/EURUSD-Daily-Bulls-Want-BO-PB-Bears-Want-2nd-Leg-Down.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 lower on Monday, testing the 20-day EMA. The market then moved sideways before forming an outside bull bar on Friday that closed above the 20-day EMA.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/eurusd-bulls-want-a-strong-breakout-above\/\" target=\"_blank\" rel=\"noreferrer noopener\">Previously<\/a>, we said traders would watch whether bulls could create a strong retest and breakout above the September 17 high with sustained follow-through buying, or whether the market would stall around that area and form a double top instead.<\/li>\n\n\n\n<li>The market broke above the September 17 high but lacked follow-through buying, pulling back to the December 24 breakout point and the 20-day EMA.<\/li>\n\n\n\n<li>Bears want a reversal from a higher high major trend reversal and a trend channel line overshoot (January 27).<\/li>\n\n\n\n<li>They want a two-legged sideways to down pullback testing the lower half of the trading range.<\/li>\n\n\n\n<li>They see the small sideways range around the 20-day EMA this week as a small double top bear flag (February 4 and February 6).<\/li>\n\n\n\n<li>If the market trades higher, bears want the move to lack follow-through buying strength, with prominent upper tails, overlapping candlesticks, and bear bars. They want the market to stall below the January 27 high, forming a lower high.<\/li>\n\n\n\n<li>Bears need consecutive strong bear bars closing near their lows and breaking well below the 20-day EMA to increase the odds of testing the trading range low.<\/li>\n\n\n\n<li>Bulls see the current move as a breakout pullback test of the December 24 breakout point.<\/li>\n\n\n\n<li>They want the 20-day EMA and the December 24 high area to act as support.<\/li>\n\n\n\n<li>They want a strong retest and breakout above the January 27 high, followed by a resumption of the bull trend.<\/li>\n\n\n\n<li>Bulls see a two-bar reversal buy setup (February 5 and February 6) at the 20-day EMA.<\/li>\n\n\n\n<li>Bulls need a strong bull entry bar with follow-through buying over the next several days to increase the odds of retesting the January 27 high.<\/li>\n\n\n\n<li>If the market trades lower, bulls want the middle of the trading range or the January 19 low to act as support.<\/li>\n\n\n\n<li>EURUSD recently broke out above the trading range, but follow-through buying was limited.<\/li>\n\n\n\n<li>Traders are wondering whether the February 6 move is a breakout pullback test of the December 24 high or the start of a two-legged sideways to down pullback.<\/li>\n\n\n\n<li>The market remains in a trading range. 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\n\n\n<li>For now, traders will watch whether bears can generate more follow-through selling below the 20-day EMA and the December 24 high area.<\/li>\n\n\n\n<li>Or will the market stall around the December 24 high and the 20-day EMA, followed by a retest of the January 27 high 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 EURUSD bears need follow-through selling to increase the odds of a 2-legged sideways to down pullback. Bulls see the current move as a breakout pullback test of the December 24 high. They want the pullback to be weak and sideways, with overlapping candlesticks, long tails below bars, and prominent [&hellip;]<\/p>\n","protected":false},"author":2836,"featured_media":262013,"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-261916","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\/2026\/02\/EURUSD-Weekly-BO-PB-or-2-Legged-Sideways-to-Down.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\/261916","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=261916"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/261916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/262013"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=261916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=261916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=261916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}