NEWS: USA100 Index is rising 1.4% after US President Trump expressed flexibility over tariffs in the coming period.
Possible Scenarios:
If USA100 fails to breach through R1 of 20302.49, our Research Department expects USA100 to undergo a short- term downward correction.
If USA100 manages to break above its R1 of 20302.49, our Research Department expects USA100 to extend its gains to its R2 of 20438.85.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
19666.13 |
19802.49 |
19938.85 |
20120.67 |
20302.49 |
20438.85 |
20575.21 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100.00 |
(+/-) €92.23 |
(+/-) £77.20 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.08415
***GBP/USD = 1.29518
Calculations for exchange rate used as of Monday, March 24, 2025, 09:00 GMT