NEWS: USA100 price is falling -0.6% as investors remained nervous ahead of the US Labor Market report today at 13:30 GMT+1.
Possible Scenarios:
If USA100 fails to breach through S2 of 18619.17, our Research Department expects USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S2 of 18619.17, our Research Department expects USA100 to extend its losses to its S3 of 18512.80.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
18512.80 |
18619.17 |
18725.54 |
18867.37 |
19009.20 |
19115.57 |
19221.94 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $111.2 |
(+/-) €100 |
(+/-) £75.93 |
*1 trading lot is equivalent of 10 units
**EUR/USD= 1.11199
***GBP/USD= 1.31705
Calculations for exchange rate used as of Friday, September 6, 2024, 10:54 GMT+1