NEWS: USA30 price increased 1.3%. The USA30 and other American stock indices are rallying after the U.S. market opening. Investor sentiment has improved after a strong sell-off in recent sessions.
Possible Scenarios:
if USA30 fails to breach through R2 of 32026, our Research Department expects the USA30 to undergo a short- term downward correction.
If USA30 manages to break above its R2 of 32026, our Research Department expects the USA30 to extend its gains to its R3 of 32210.
Support and Resistance Levels:
USA30 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
30984 |
31168 |
31352 |
31597 |
31842 |
32026 |
32210 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $105.91 |
(+/-) €100 |
(+/-) £81.45 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.05908
***GBP/USD = 1.22782
Calculations for exchange rate used as of 14:35 (GMT+1) 28/06/2022