NEWS: USA100 price is falling -1.3% as the FED announced a slower pace of interest rate cuts in 2025
Possible Scenarios:
If USA100 fails to breach through S1 of 21103.71, our Research Department expects the USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S1 of 21103.71, our Research Department expects the USA100 to extend its losses to its S2 of 20968.75
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
20833.80 |
20968.75 |
21103.71 |
21283.65 |
21463.59 |
21598.55 |
21733.50 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $103.79 |
(+/-) €100 |
(+/-) £79.99 |
*1 trading lot is equivalent of 10 units
**EUR/USD= 1.03786
***GBP/USD= 1.25015
Calculations for exchange rate used as of Friday, December 20, 2024, 10:55 GMT