Analysis & Opinion by Al Brooks on Investing.com

Al Brooks’s Opinion & Analysis

A complete archive of Al Brooks’s articles, including current analysis & opinion.

EUR/USD Deciding Which Magnet To Test

By Al Brooks

The EUR/USD continues to go sideways at the moving average (blue line). The market is in the middle of two important targets, the 2017 low and the 1.0000 big round number.
It is common for the market…

E-Mini Bulls Need To Create Consecutive Weekly Buy Bar

By Al Brooks

Market Overview: S&P 500 E-mini FuturesThe S&P 500 E-mini futures traded a sideways to up pullback from a higher low major trend reversal. Bulls need to create a consecutive bull bar…

EUR/USD Stuck Between Two Important Magnets

By Al Brooks

The EUR/USD is beginning to stall at the moving average (blue line). Currently, the odds are buyers below and a test of the 2017 low and the June—July trading range low.
Bulls have a 6-bar bull micro…

EUR/USD Bulls Looking For Second Leg Up

By Al Brooks

EUR/USD bears got a bear close yesterday following a moving average test.
The tail below yesterday’s bear bar increases the odds of buyers below, especially since the bulls have a 5-bar bull micro…

EUR/USD: Bulls Taking Profits At Moving Average

By Al Brooks

The EUR/USD has three consecutive bull bars, which is good for the bulls and increases the odds of a second leg up. However, the market is stalling at the moving average.
The market has been away…

EUR/USD: Bears Giving Up, Second Leg Up Likely

By Al Brooks

The EUR/USD has rallied 250 pips above the 1.000 big round number and is approaching the 2017 low.
Bears are giving up and buying back shorts. If today is a bull trend bar closing near its high, the…

EUR/USD: Bulls Trying To Get Strong Entry Bar

By Al Brooks

The EUR/USD rallied back to the open/high last week and found some profits from bulls selling. Bears would sell as well, betting on some bulls taking profits.
Bulls want today to be a strong entry…

E-Mini Failed Breakout Below Inside Bar On Weekly Chart

By Al Brooks

Market Overview: S&P 500 E-mini FuturesThe S&P 500 E-mini futures broke below the prior week’s bull inside bar but reversed to close near the high. It is likely an E-mini failed breakout…

EUR/USD Trading Strategies

By Al Brooks

The EUR/USD bulls are getting a second entry to buy following yesterday’s failed breakout of the 1.0000 big round number.
The odds favor a rally over the next couple of weeks.
The first target for…

E-mini Bulls Need Strong Entry Bar

By Al Brooks

The E-mini reversed and closed on its high after falling below the June 30 low. The bulls need strong entry bar today, which will increase the odds of higher prices.
The bulls have a double bottom…