NEWS: USA500 price is increasing 0.3% to reach a new all time high this morning as chances for a new interest rate cut in the United States continue to lift the sentiment.
Possible Scenarios:
if USA500 fails to breach through R1 of 6525.60, our Research Department expects the USA500 to undergo a short- term downward correction.
If USA500 manages to break above its R1 of 6525.60, our Research Department expects the USA500 to extend its gains to its R2 of 6541.25.
Support and Resistance Levels:
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
6452.58 |
6468.23 |
6483.88 |
6504.74 |
6525.60 |
6541.25 |
6556.90 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €85.64 |
(+/-) £63.2 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16762
***GBP/USD = 1.35524
Calculations for exchange rate used as of Friday, August 15, 2025, 8:30 GMT+1