NEWS: The USA100 price is falling 0.5% along with all other US indices ahead of the start of the Earnings Season.
Possible Scenarios:
If USA100 fails to breach through S1 of 18363.90, our Research Department expects the USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S1 of 18363.90, our Research Department expects the USA100 to extend its losses to its S2 of 18269.33.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
18174.75 |
18269.33 |
18363.90 |
18490.00 |
18616.10 |
18710.68 |
18805.25 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $106.59 |
(+/-) €100 |
(+/-) £80.02 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.06594
***GBP/USD = 1.24966
Calculations for exchange rate used as of Friday, April 12, 2024, 11:05 GMT+1