NEWS: USA500 price is increasing 0.4% on optimism over US trade progress with China and other partners, along with the stability of the truce in the Middle East.
Possible Scenarios:
if USA500 fails to breach through R1 of 6235.84, our Research Department expects the USA500 to undergo a short- term downward correction.
If USA500 manages to break above its R1 of 6235.84, our Research Department expects the USA500 to extend its gains to its R2 of 6255.97.
Support and Resistance Levels:
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
6141.90 |
6162.03 |
6182.16 |
6209.00 |
6235.84 |
6255.97 |
6276.10 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €85.35 |
(+/-) £62.15 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.17162
***GBP/USD = 1.37327
Calculations for exchange rate used as of Friday, June 27, 2025, 12:45 GMT+1