NEWS: The USA100 price is falling 0.9%. The USA 100 and all other US indices prices are falling as investors remain cautious ahead of tomorrow’s CPI print from the US.
Possible Scenarios:
If USA100 fails to breach through S1 of 18147.16, our Research Department expects the USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S1 of 18147.16, our Research Department expects the USA100 to extend its losses to its S2 of 18054.18.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
17961.21 |
18054.18 |
18147.16 |
18271.13 |
18395.10 |
18488.08 |
18581.05 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $108.61 |
(+/-) €100 |
(+/-) £78.85 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.08605
***GBP/USD = 1.26831
Calculations for exchange rate used as of Tuesday, April 9, 2024, GMT+1 15:44h