NEWS: USA100 price is falling 0.6% ahead of tomorrow's Fed meeting.
Possible Scenarios:
If USA100 fails to breach through S1 of 18015.22, our Research Department expects the USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S1 of 18015.22, our Research Department expects the USA100 to extend its losses to its S2 of 17928.86.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
17842.50 |
17928.86 |
18015.22 |
18130.37 |
18245.52 |
18331.88 |
18418.24 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $108.51 |
(+/-) €100 |
(+/-) £78.79 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.08508
***GBP/USD = 1.26926
Calculations for exchange rate used as of Tuesday, March 19, 2024, 11:53 GMT