NEWS: USA500 price is falling by 0.7% to hit the lowest level in two weeks as the U.S. government shutdown stretches into its second month, disrupting the release of key economic data, including inflation and jobs reports.
Possible Scenarios:
If USA500 fails to breach through S1 of 6708.56, our Research Department expects the USA500 to undergo a short- term upward correction.
If USA500 manages to break below its S1 of 6708.56, our Research Department expects the USA500 to extend its losses to its S2 of 6681.98.
Support and Resistance Levels:
|
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
6655.40 |
6681.98 |
6708.56 |
6744.00 |
6779.44 |
6806.02 |
6832.60 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $115.58 |
(+/-) €100 |
(+/-) £76.24 |
|||
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.15577
***GBP/USD = 1.31162
Calculations for exchange rate used as of Friday , November 7, 2025, 11:30 GMT