NEWS: USA30 price is falling -0.8%. The USA100 and other American stock indices are tumbling after the American open due to higher U.S. Treasury yields and hawkish meeting minutes released by the U.S. Federal Reserve yesterday.
Possible Scenarios:
If USA30 fails to breach through S2 of 36094, our Research Department expects the USA30 to undergo a short-term upward correction.
If USA30 manages to break below its S2 of 36094, our Research Department expects the USA30 to extend its losses to its S3 of 35980.
Support and Resistance Levels:
USA30 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
35980 |
36094 |
36207 |
36359 |
36511 |
36624 |
36738 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $113.1 |
(+/-) €100 |
(+/-) £73.96 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.13100
***GBP/USD = 1.35206
Calculations for exchange rate used as of 15:12 (GMT) 06/01/2022