NEWS: USA100 price is falling -0.7% due to higher than expected GDP Price index data from the US.
Possible Scenarios:
If USA100 fails to breach through S1 of 17353.74, our Research Department expects the USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S1 of 17353.74, our Research Department expects the USA100 to extend its losses to its S2 of 17245.45.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
17137.16 |
17245.45 |
17353.74 |
17498.13 |
17642.52 |
17750.81 |
17859.10 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $106.9 |
(+/-) €100 |
(+/-) £80.17 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.06904
***GBP/USD = 1.24734
Calculations for exchange rate used as of Thursday, April 25, 2024, 13:55 (GMT+1)