NEWS: USA100 price is increasing 0.7% ahead of the speech by US FED Chair Jerome Powell tommorow
Possible Scenarios:
If USA100 fails to breach through R1 of 23391.05, our Research Department expects the USA100 to undergo a short- term downward correction.
If USA100 manages to break above its R1 of 23391.05, our Research Department expects the USA100 to extend its gains to its R2 of 23462.34.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
23058.38 |
23129.66 |
23200.95 |
23296.00 |
23391.05 |
23462.34 |
23533.62 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $116.64 |
(+/-) €100 |
(+/-) £74.24 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16641
***GBP/USD = 1.34694
Calculations for exchange rate used as of Monday, July 21, 2025, 14:50 GMT+1