NEWS: USA500 price is falling -0.5% as US Producer Price Index came in higher than expected.
Possible Scenarios:
If USA500 fails to breach through S2 of 6444.62, our Research Department expects the USA500 to undergo a short- term upward correction.
If USA500 manages to break below its S2 of 6444.62, our Research Department expects the USA500 to extend its losses to its S3 of 6426.02
Support and Resistance Levels:
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
6426.02 |
6444.62 |
6463.21 |
6488.00 |
6512.79 |
6531.38 |
6549.98 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €85.75 |
(+/-) £63.24 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16622
***GBP/USD = 1.35585
Calculations for exchange rate used as of Thursday, August 14, 2025, 13:35 GMT+1