{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eurusd-bears-gain-momentum-as-buyers-struggle\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eurusd-bears-gain-momentum-as-buyers-struggle\/","headline":"EURUSD Bears Gain Momentum as Buyers Struggle","name":"EURUSD Bears Gain Momentum as Buyers Struggle","description":"EURUSD Analysis – Buyers Struggle to Keep Up EURUSD bears gain momentum as buyers struggle. EURUSD is currently experiencing a struggle for the buyers to keep up, while the bears are running out of patience. The buyers have seemingly exhausted their options in their attempt to recover from last week’s losses. On the other hand, […]","datePublished":"2024-01-30","dateModified":"2024-01-30","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/01\/VF9qWrOU.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/01\/VF9qWrOU.png","height":577,"width":1195},"url":"https:\/\/forexschoolonline.com\/eurusd-bears-gain-momentum-as-buyers-struggle\/","about":["charts","EUR\/USD","Forex","Forex Trading Tools","FX Technical Analysis","Price Action Charts in Focus","Price Action Trigger Signals","Support & Resistance","Technical Analysis","Trade Idea"],"wordCount":290,"keywords":["Daily Chart","EURUSD","Forex","forex price action","FX Technical Analysis","Market Anticipation","Market Expectation","Price Action","Price Analysis","Technical Analysis"],"articleBody":"EURUSD Analysis – Buyers Struggle to Keep UpEURUSD bears gain momentum as buyers struggle. EURUSD is currently experiencing a struggle for the buyers to keep up, while the bears are running out of patience. The buyers have seemingly exhausted their options in their attempt to recover from last week’s losses. On the other hand, the sellers have settled down for a deeper dive this week.EURUSD Key LevelsResistance Levels: 1.11300, 1.09950Support Levels: 1.20750, 1.17910The week opened with a market loss for the Euro price as the US dollar appreciated, causing a decline in the weak Euro market. The bears have successfully broken through the significant level of 1.08540, indicating a downward trend in EURUSD. The currency pair is now threading lower, heading towards the 1.07420 significant level.From last year into this year, the EURUSD has been growing weaker. The buyers lost their confidence, pulling back from the significant level of 1.11300. The bulls attempted to fight their way back early this year but were pushed back to a significant level of 1.09950. This resulted in a short pullback in the price. Currently, the bulls lack redemption, and the sell market continues to pose a threat.The Relative Strength Index (RSI) is in motion, reflecting the downward movement of the bears. If sell traders enter the market with accurate forex signals, they are likely to see profits despite the weaker euro.Market ExpectationIn the short time frame, the sell traders are still on their toes, hoping for a stronger breakthrough. The stronger their response, the greater the force of the breakout.Note:\u00a0Forexschoolonline.com\u00a0is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results"}