Rounding Pattern Breakout In Dow JonesThe US benchmark index has given a rounding pattern breakout on hourly chart.
Though the breakout was given just an hour before market close on 4th Dec 2020, but today's gap up has continued the upside.
As per the bullish breakout of the pattern, dow jones can touch app 30850 - 31000.
And as per the current chart scenario one can buy with a stop loss below 30100.
Current price 30,225.
Mt4
EUR/USD: Euro - Dollar RateThe outlook for EUR/USD has improved after a more upbeat week for the currency that pointed to further modest near-term gains. Shortly after some desperately poor GDP data for the first quarter of this year due to the coronavirus pandemic, and the likelihood that the second quarter will be even worse, the European Central Bank again indicated that it is prepared to do almost anything to ameliorate the economic impact of Covid-19.
That should help offset continued bickering and a notable lack of action by Eurozone governments. The Eurogroup of national finance ministers holds yet another video conference this week, and was urged once more by the ECB to help out, but seems unlikely to do so. Still, expectations are so low that another failure to agree is unlikely to send the Euro lower after its advance this past week.
NASDAQ ZeroMarket US100 Chart Analysis for March 26th.
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I will begin NASDAQ ZeroMarket US100 Chart Analysis for March 26th.
This is the Nasdaq 30 minute chart.
This is a long position strategy.
If bottom sad expression breake away.
stop loss.
And, please pay attention to the finger sections.
Good luck.