NEWS: USA100 price is falling -1.0% following fears over an escalating trade war
Possible Scenarios:
If USA100 fails to breach through S1 of 21917.28, our Research Department expects the USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S1 of 21917.28, our Research Department expects the USA100 to extend its losses to its S2 of 21855.22
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
21793.16 |
21855.22 |
21917.28 |
22000.03 |
22082.78 |
22144.84 |
22206.90 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $104.55 |
(+/-) €100 |
(+/-) £79.22 |
*1 trading lot is equivalent of 10 units
**EUR/USD= 1.04553
***GBP/USD= 1.26237
Calculations for exchange rate used as of Thursday, February 20, 2025, 15:20 GMT