NEWS: USA500 price is falling -0.9% as volatility increases ahead of new FED Chair announcement later today.
Possible Scenarios:
If USA500 fails to breach through S1 of 6913.29, our Research Department expects the USA500 to undergo a short- term upward correction.
If USA500 manages to break below its S1 of 6913.29, our Research Department expects the USA500 to extend its losses to its S2 of 6891.76
Support and Resistance Levels:
|
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
6870.22 |
6891.76 |
6913.29 |
6942.00 |
6970.71 |
6992.24 |
7013.78 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €83.75 |
(+/-) £60.8 |
|||
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.19402
***GBP/USD = 1.37744
Calculations for exchange rate used as of Friday, January 30, 2026, 8:10 GMT