NEWS: USA100 price increased 1.3% after NFP data came in lower than expected (142k vs 162k).
Possible Scenarios:
if USA100 fails to breach through R2 of 18998.20, our Research Department expects the USA100 to undergo a short- term downward correction.
If USA100 manages to break above its R2 of 18998.20, our Research Department expects the USA100 to extend its gains to its R3 of 19104.57.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
18395.43 |
18501.80 |
18608.17 |
18750.00 |
18891.83 |
18998.20 |
19104.57 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $111.26 |
(+/-) €100 |
(+/-) £75.66 |
*1 trading lot is equivalent of 10 units
**EUR/USD= 1.11255
***GBP/USD= 1.32172
Calculations for exchange rate used as of Friday, September 6, 2024, 14:00 (GMT+1)