CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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

EU Session Analysis for CFD Instruments 17/06/2021

Fundamental analysis

17 June, 2021

The three main Wall Street indexes all fell on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that they are projecting interest rate hikes for 2023, which was earlier than investors had expected. New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. At the same time, officials pledged to keep policy supportive for now to encourage an ongoing jobs recovery. The Fed cited an improved economic outlook, with overall economic growth expected to hit 7% this year.

Technical analysis

USA500 Analysis Technical analysis 17/06/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 17/06/2021

Support & Resistance Level Explanation
Resistance 2 4222.50 Daily R2
Resistance 1 4212.78 Daily R1
Support 1 4186.86 Daily S1
Support 2 4177.14 Daily S2

USA500 Indicator Table - 17/06/2021

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

USA500 Indicator / Period Table - 17/06/2021

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

USA500 17/06/2021 - Reference Price : 4199.82

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