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 19/01/2023

Fundamental analysis

19 January, 2023

Wall Street's main indexes closed lower on Wednesday after weak economic data and hawkish comments from Federal Reserve officials sparked worries that the central bank will keep tightening policy, perhaps enough to cause a recession. Before the market opened, U.S. economic data showed retail sales and producer prices declined more than expected in December. Also production at U.S. factories fell more than expected in December and output in the prior month was weaker than previously thought. Moderna shares rose after reporting data which demonstrated the effectiveness of its respiratory syncytial virus (RSV) vaccine.

Technical analysis

USA500 Analysis Technical analysis 19/01/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 19/01/2023

Support & Resistance Level Explanation
Resistance 2 3977.28 Daily R2
Resistance 1 3960.02 Daily R1
Support 1 3913.98 Daily S1
Support 2 3896.72 Daily S2

USA500 Indicator Table - 19/01/2023

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

USA500 Indicator / Period Table - 19/01/2023

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

USA500 19/01/2023 - Reference Price : 3936.58

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