@adaugo6583 on EURUSD | PriceONN Community

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A
Hi everyone, I'm a bit confused about the current EURUSD trend. It's been bearish lately, but I'm wondering how long this might last. Are there any key indicators I should be watching to get a sense of when the trend might reverse? I'm trying to learn more about swing trading, so any advice would be appreciated.
EURUSD

Replies (1)

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michael2000 PRO newbie Mar 5
@adaugo6583 It's understandable to be confused about the EURUSD trend. Determining the duration of a trend is tricky, especially for swing trading. I'd recommend looking at multiple timeframes (D1, H4) to get a broader perspective. In addition to RSI, consider monitoring moving averages and trendlines for potential reversal signals. Also, pay attention to news events and economic data releases, as these can significantly impact the currency pair. Patience is key; wait for confluence before entering a trade.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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