NEWS: USA100 price is increasing 1.0% to reach fresh all-time highs ahead of the FED’s interest rate cut on December 18
Possible Scenarios:
If USA100 fails to breach through R1 of 21902.68, our Research Department expects the USA100 to undergo a short- term downward correction.
If USA100 manages to break above its R1 of 21902.68, our Research Department expects the USA100 to extend its gains to its R2 of 21981.94.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
21532.79 |
21612.06 |
21691.32 |
21797.00 |
21902.68 |
21981.94 |
22061.21 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $104.98 |
(+/-) €100 |
(+/-) £79.05 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.04976
***GBP/USD = 1.26499
Calculations for exchange rate used as of Friday, December 13, 2024, 12:35 GMT