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. 70.91% 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

EU Session Analysis for CFD Instruments 20/05/2021

Fundamental analysis

20 May, 2021

Wall Street’s main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the U.S. economy remained far from the central bank’s goals, with some eyeing a future discussion of tapering its bond buying program. Strong inflation readings and signs of a worker shortage in recent weeks have fueled fears and roiled stock markets despite reassurances from Fed officials that the rise in prices would be temporary. All three main indexes hit their session lows in morning trade, after opening sharply lower at the open, then partially recovered before the release of the Fed minutes pressured them anew.

Technical analysis

USA500 Analysis Technical analysis 20/05/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 20/05/2021

Support & Resistance Level Explanation
Resistance 2 4156.91 Daily R2
Resistance 1 4136.84 Daily R1
Support 1 4083.32 Daily S1
Support 2 4063.25 Daily S2

USA500 Indicator Table - 20/05/2021

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

USA500 Indicator / Period Table - 20/05/2021

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

USA500 20/05/2021 - Reference Price : 4111.08

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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