CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

USA500 Analysis

US Session Analysis for CFD Instruments 08/02/2023

Fundamental analysis

08 February, 2023


Stock futures are slipping in early trading Wednesday, while bond yields and the dollar are also nudging lower. Markets gyrated Tuesday, but indexes finished higher, as investors reacted to Federal Reserve Chair Jerome Powell's first appearance since last week's surprisingly strong jobs report. Speaking in Washington, Mr. Powell said the data underscores why it could take time to bring inflation down.

Technical analysis

USA500 Analysis Technical analysis 08/02/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 08/02/2023

Support & Resistance Level Explanation
Resistance 2 4211.07 Daily R2
Resistance 1 4188.68 Daily R1
Support 1 4128.96 Daily S1
Support 2 4106.57 Daily S2

USA500 Indicator Table - 08/02/2023

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Buy
Stochastic ( 9;6;3) Buy

USA500 Indicator / Period Table - 08/02/2023

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuySell
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

USA500 08/02/2023 - Reference Price : 4158.82

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (3)Sell (0)
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