NEWS: USA100 price is increasing 2.9% following news of de-escalation of the trade conflict between China and the US in the near future.
Possible Scenarios:
If USA100 fails to breach through R1 of 18982.67, our Research Department expects the USA100 to undergo a short- term downward correction.
If USA100 manages to break above its R1 of 18982.67, our Research Department expects the USA100 to extend its gains to its R2 of 19168.66.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
18114.68 |
18300.68 |
18486.67 |
18734.67 |
18982.67 |
19168.66 |
19354.66 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $113.9 |
(+/-) €100 |
(+/-) £75.18 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.13897
***GBP/USD = 1.33021
Calculations for exchange rate used as of Wednesday, April 23, 2025, 09:30 GMT+1