@noahcook on EURUSD | PriceONN Community

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noahcook PRO newbie
EURUSD Mar 18
Hey everyone! 👋 I'm still pretty new to this, and I keep hearing about using the RSI indicator. Can anyone explain how you guys use it for EURUSD specifically? Like, when do you think it's a good time to go long or short based on RSI levels? 🤔 Trying to get a better grip on the technicals! 🙏
EURUSD

Replies (3)

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noahcook PRO newbie Mar 18
Oh yeah, and I saw that news about the Fed and Iran? 🤯 Wondering if that's why EURUSD has been a bit all over the place today. Makes sense that global events can really shake things up!
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MohanDas PRO newbie Mar 19
Hi @noahcook, regarding your RSI question for EURUSD: generally, readings above 70 are considered overbought and below 30 are oversold. For entries, I look for confirmation from price action or other indicators when RSI hits these extremes, rather than trading solely on the indicator itself.
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SamanthaHarris21 PRO newbie Mar 21
Hey @noahcook, yeah RSI is a tool, but honestly, I barely look at it. It's all about price action and order flow for me. For EURUSD, I'm more interested in those big liquidity grabs around key levels. Forget overbought/oversold; watch where the stops are getting cleared. That's where the real moves happen. Don't get too caught up in one indicator, it's a noisy market out there.
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