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Al Brooks

  • Analysis & Opinion

Al Brooks's Opinion & Analysis
A complete archive of Al Brooks's articles, including current analysis & opinion - Page 5

EUR/USD bulls got a strong bull breakout following the FOMC report yesterday, which created a big bull bar on the daily chart. Bulls went above the 2020 low and found sellers. These sellers are more...
The EUR/USD has been in a 4-bar tight trading range. Bulls have a micro double bottom and want a breakout above the neckline of the April 29 and a measured move up, which would be above the 2020...
The EUR/USD is forming a micro double bottom that will likely reach the 2020 low today or tomorrow due to the scale in bulls who bought the 2020 low and lower. Bears know this, so they most likely...
The E-mini S&P 500 futures broke below the February low yesterday and reversed up as a bull bar closing near its high. Bulls want a strong entry bar today, increasing the odds that the market reaches...
The EUR/USD will likely bounce for a few days as the bears begin to take partial profits.   The market likely formed an exhaustive sell climax that started on April 21. Bears hope the selloff from...
The S&P 500 E-mini futures has 4 consecutive bear bars closing near the low on the weekly chart, testing 20-month EMA and February low. The bears need a couple of closes below the February low on...
The bulls finally got a bar to go above the high of the previous day on the daily chart. The EUR/USD will likely test the 2020 low (1.0636). Scale in bulls likely bought here and were willing to...
The EUR/USD closed below the 2020 Lows (green line) yesterday, and they want another bear close today. More likely, today will have a close above the open (1.0560) and try and test the 20202 low...
EUR/USD bears have had a series of strong closes on the daily chart and have broken below the 2020 low (1.0636) and want to close below it today. The market is clearly Always in Short, and the first...
USD Yesterday closed as a bear trend bar closing on its low below the March—April trading range. At the moment, the market is always in short, and the bears hope today will be follow-through from...