NEWS: USA100 price is increasing 0.8% ahead of the FED interest rate cut decision on Wednesday
Possible Scenarios:
If USA100 fails to breach through R2 of 22342.01, our Research Department expects the USA100 to undergo a short- term downward correction.
If USA100 manages to break above its R2 of 22342.01, our Research Department expects the USA100 to extend its gains to its R3 of 22422.15.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
21887.85 |
21967.99 |
22048.14 |
22155.00 |
22261.86 |
22342.01 |
22422.15 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $104.83 |
(+/-) €100 |
(+/-) £79.06 |
*1 trading lot is equivalent of 10 units
**EUR/USD= 1.04827
***GBP/USD= 1.26488
Calculations for exchange rate used as of Monday, December 16, 2024, 15:00 GMT