EURUSD has the most bearish momentum this week after opening in the upper gap. . . Looking at my weekly chart, you will see that the pair is still trading inside the bullish pennant, the long-term bias is neutral for now but the short-term players will witness some continued bearish pressure towards the pennant's bottom line. and the collapse in stock prices that we have seen in the past 2 weeks has created a significant increase in volatility. Over the past 3 trading days, the movement of the stock market has seen little net progress even though the daily trading range has approached 5%.