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Apr 18, 2025

Trade ideas

US30: Continued falling

US30, Daily

US30Daily.png

In the Daily timeframe, US30 is in a short-term bearish trend after a slight rise started falling again. MA50 crossed MA200 to form a Dead Cross, and Stochastic broke out of the overbought zone.

  • We consider selling US30 on a fall below 39100 with targets to 38100 and further to 37500;

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Egor Schmidt

Author: Egor Schmidt

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