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 03/03/2023

Fundamental analysis

03 March, 2023

U.S. stocks rallied on Thursday, as Treasury yields pulled back from earlier highs following comments from Atlanta Federal Reserve President Raphael Bostic about his favored path of interest rate hikes for the central bank. In an argument for quarter-point hikes, Bostic said he favored "slow and steady" as the appropriate course of action for the Fed, as the impact of higher interest rates may only start to be felt in the spring. Tesla Inc fell after Chief Executive Elon Musk and team's four-hour presentation failed to impress investors with few details on its plan to unveil an affordable electric vehicle.

Technical analysis

USA500 Analysis Technical analysis 03/03/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 03/03/2023

Support & Resistance Level Explanation
Resistance 2 4020.83 Daily R2
Resistance 1 4003.76 Daily R1
Support 1 3958.24 Daily S1
Support 2 3941.17 Daily S2

USA500 Indicator Table - 03/03/2023

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

USA500 Indicator / Period Table - 03/03/2023

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

USA500 03/03/2023 - Reference Price : 3978.08

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