NEWS: USA100 price increased by 0.4% after the Philadelphia Fed Manufacturing Index in the U.S. showed much better results in January than expected.
Possible Scenarios:
if USA100 fails to breach through R1 of 25969.63, our Research Department expects the USA100 to undergo a short- term downward correction.
If USA100 manages to break above its R1 of 25969.63, our Research Department expects the USA100 to extend its gains to its R2 of 26075.85.
Support and Resistance Levels:
|
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
25473.92 |
25580.15 |
25686.37 |
25828.00 |
25969.63 |
26075.85 |
26182.08 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $116.02 |
(+/-) €100 |
(+/-) £74.77 |
|||
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16017
***GBP/USD = 1.33738
Calculations for exchange rate used as of Thursday, January 15, 2025, 14:10 GMT