EURUSD| ECB Takes a Hawkish Turn - EURO Is Still Alive😍
Updated
EURUSD| ECB Takes a Hawkish Turn - EURO Is Still Alive😍
Hope you guys enjoyed yesterday's analysis on EURUSD and the Tradingview live stream
ahead of the ECB meeting.
I explained in detail the possible scenarios that were developing.
However....ECB and President Lagarde finally showed some support for the EUROZONE
as they were being more honest than they should have been during the previous meeting.
During her live speech President Lagarde said:
1. They will use all the tools to fight inflation and to reach inflation targets
2. She said that they will increase the interest rates further
3. Also she said that EUROPE was in negative interest rates and can not be compared to the U.S when it comes to the actual interest rates.
4. ECB will monitor the numbers closely
So finally we will see some bullish and bearish movements from both sides of the continent as EURUSD
was really getting a very boring currency pair.
Thank you and Good Luck!
Previous Analysis:
Hope you guys enjoyed yesterday's analysis on EURUSD and the Tradingview live stream
ahead of the ECB meeting.
I explained in detail the possible scenarios that were developing.
However....ECB and President Lagarde finally showed some support for the EUROZONE
as they were being more honest than they should have been during the previous meeting.
During her live speech President Lagarde said:
1. They will use all the tools to fight inflation and to reach inflation targets
2. She said that they will increase the interest rates further
3. Also she said that EUROPE was in negative interest rates and can not be compared to the U.S when it comes to the actual interest rates.
4. ECB will monitor the numbers closely
So finally we will see some bullish and bearish movements from both sides of the continent as EURUSD
was really getting a very boring currency pair.
Thank you and Good Luck!
Previous Analysis:
Trade closed: target reached
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