NEWS: The USA100 price is falling 1.2%. The USA 100 and all other US indices prices are falling due to stronger than expected CPI data from the US.
Possible Scenarios:
If USA100 fails to breach through S2 of 18165.86, our Research Department expects the USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S2 of 18165.86, our Research Department expects the USA100 to extend its losses to its S3 of 18076.65.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
18076.65 |
18165.86 |
18255.06 |
18374.00 |
18492.94 |
18582.15 |
18671.35 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $108.66 |
(+/-) €100 |
(+/-) £78.72 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.08657
***GBP/USD = 1.27036
Calculations for exchange rate used as of Wednesday, April 10, 2024, GMT+1 13:30h