NEWS: USA100 price is increasing 1.2% ahead of Trump’s inauguration on January 20th
Possible Scenarios:
If USA100 fails to breach through R1 of 21524.57, our Research Department expects the USA100 to undergo a short- term downward correction.
If USA100 manages to break above its R1 of 21524.57, our Research Department expects the USA100 to extend its gains to its R2 of 21654.75.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
20917.07 |
21047.25 |
21177.43 |
21351.00 |
21524.57 |
21654.75 |
21784.93 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $102.91 |
(+/-) €100 |
(+/-) £82.08 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.02913
***GBP/USD = 1.21834
Calculations for exchange rate used as of Friday, January 17, 2025, 13:50 GMT