CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

USA500 Analysis

EU Session Analysis for CFD Instruments 18/07/2023

Fundamental analysis

18 July, 2023

U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round of quarterly results this week as earnings season gathers speed. Companies scheduled to report earnings this week include Tesla and Netflix, while more big banks in the form of Bank of America, Morgan Stanley and Goldman Sachs are also on the docket to post results, following reports from peers such as JP Morgan and Citigroup last week. Markets have largely priced in a 25-basis-point rate hike by the Federal Reserve at its policy meeting next week, with expectations at 97.3%, according to CME's FedWatch Tool.

Technical analysis

USA500 Analysis Technical analysis 18/07/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 18/07/2023

Support & Resistance Level Explanation
Resistance 2 4578.78 Daily R2
Resistance 1 4566.87 Daily R1
Support 1 4535.13 Daily S1
Support 2 4523.22 Daily S2

USA500 Indicator Table - 18/07/2023

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Buy
Stochastic ( 9;6;3) Neutral

USA500 Indicator / Period Table - 18/07/2023

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

USA500 18/07/2023 - Reference Price : 4552.82

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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