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 08/07/2022

Fundamental analysis

08 July, 2022

Wall Street benchmarks ended up on Thursday, with the S&P 500 and Nasdaq recording their fourth successive higher closes, as traders leaned bought U.S. equities after the Federal Reserve hinted interest rate hikes could be tempered if growth suffered. U.S. stock markets have stabilized in July after a brutal selloff in the first half against the backdrop of a surge in inflation, the Ukraine conflict and the Fed's pivot away from easy-money policy. Elsewhere, a report on Thursday showed the number of Americans filing new claims for unemployment benefits unexpectedly rose last week and demand for labor is slowing with layoffs surging to a 16-month high in June. A closely watched employment report on Friday is expected to show nonfarm payrolls likely increased by 268,000 jobs last month after rising by 390,000 in May.

Technical analysis

USA500 Analysis Technical analysis 08/07/2022
Time Frame: 1 hour

USA500 Support & Resistance Table - 08/07/2022

Support & Resistance Level Explanation
Resistance 2 3944.89 Daily R2
Resistance 1 3920.54 Daily R1
Support 1 3855.62 Daily S1
Support 2 3831.82 Daily S2

USA500 Indicator Table - 08/07/2022

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

USA500 Indicator / Period Table - 08/07/2022

Indicator / Period Day - BuyWeek - SellMonth - Sell
MACD( 12;26;9) Buy SellBuy
RSI (14) Sell SellNeutral
SMA 20 Buy SellSell

USA500 08/07/2022 - Reference Price : 3885.82

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