EURUSD

GERMANY 30--- We are in a good trade.......

E. H. --- The top is in.

BP H. --- Same.

4H Chart

EU Central Bank hiked rates by 50 bps. Christine Lagarde surprised with hawkish guidance.
Within the press conference, Lagarde said that expect to rise rates Significantly further because inflation is far too high.
She said that a potential recession would be short lived and shallow.

4H chart Eur/Usd pair shows that the pair is in uptrend. Still prints Higher Highs and Higher Lows. And is far from turning bearish from HTF perspective.
EU keeps developing above all of its HTF middle Bollinger Bands.
My Daily Flip point level : 1.06260 above this lvl bulls are dominant, below bears.
Last yellow line is resistance turned into support.

JY 5' --- Longed , just now . . .

Looking Bearish

Last week Wednesday, EURUSD price action on the daily time frame retested the 1.07610/1.06665 daily supply, which is within the 1.05420/1.07610 horizontal resistance zone (purple) seen on the weekly time frame but was met with bearish pushback. There was a bearish follow-up on Friday but as price action approaches the 1.05420 area, we may see some bullish challenge. We may not see a southward drive until a significant breakdown of the 1.05420 area on a daily closing basis.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

I was heavily short since last week.... Took my prfts at 1.06 23 and reversed to long...

Have a nice week all, crew.

BP 5' --- Took my Prfts on shorts at 1.21 83 and reversed to long , as shown.

It looks ugly now. . . . . .SL as shown ...

BP H. --- Going long here

E. H. --- Going long here , too . . . .

E. and BP 5' --- What happened now suddenly and they both exploded up . . . . ???

JY 5' --- and here.....?????

Japan Bank statement. Agree with your E/$ buy.

E. 4H --- Long , looking for 1.08

E. H ---

BP H. --- Long here , too .

GERMANY 30 --- So far so good