U.S. DOLLAR / ROMANIAN LEU USDRON

ddyyp

The last pattern was a pennant. Usually this is a continuation pattern.

SebiiSb Premium

With the unlimited supply from fed and with what happened in the last years we don't now how far this can go and for how long. What we do know is that every country is getting affected differently and at different times.

iaorozco

Hi, One of the most important tool that I have experienced is Pitchfan, becaus of its amazing accuracy. I have set an alarm at USD4 in order to place long entry. What do you think? Thank you!

MouradBouzgma

WE HAVE BREAK FOR RESISTANCE ZONE AND 50 PER CENT FIBO

Financebroker Premium

The Romanian leu manages to gain against the US dollar yesterday and today, but it is widely expected that the buck will still have the upper hand in the coming days. The US dollar to Romanian leu exchange rate should head to its resistance level in the first half of October as bullish investors look to redeem their losses from the initial days of the pandemic....

Financebroker Premium

The Romanian leu continues to drag the US dollar following the failed attempt of bullish investors to regain the momentum. The price should go down to its support level, hitting ranges last seen in September 2018, erasing almost two years-rally by bulls. It’s no new news that the US dollar is currently weakening against most assets because it’s pressured by a ton...

InvestingScope Premium

USDRON is currently on a strong 1D selling sequence (RSI = 38.588, MACD = -0.024, ADX = 36.022) that is testing the middle trend-line of its long-term Channel Up. On top of that it has formed a 1D Death Cross (MA50 crossing below the MA200). Last time the pair formed this pattern, the price tested the middle trend-line of the Channel Up but after a rebound to the...

Bear11

This is my idea of USD/RON. A beautiful breakout from the beautifully shaped triangle, I bet on hitting the last big resistance zone around 4.55, if it breaks, it will follow the growth to 4.65 -> 4.7 . I really want to know your opinion on this one. Please comment below! This is just an idea, please don't follow this, only on your choice. You are responsible...

AlexandruCiocoiu

Here's my take on USD/RON evolution: Looking at USD/RON chart the following may be taken into account, from a technical perspective: * USD has been on an ascending channel (highlighted in gray) vs RON starting Apr'18; * the 50 day Moving Average (MA) highlighted in dark green has been acting as support since then - 4.5 range; * the 200 day MA (light green) is...

TradingShot Premium

Pattern: 1D Channel Up. Signal: Bearish as the pattern has hit a Higher High. Target: 4.3500. Target hit on my previous USDRON signal:

Financebroker Premium

𝔹𝕖𝕗𝕠𝕣𝕖 𝕪𝕠𝕦 𝕣𝕖𝕒𝕕 𝕥𝕙𝕚𝕤 𝕚𝕕𝕖𝕒, 𝕡𝕝𝕖𝕒𝕤𝕖, 𝕔𝕝𝕚𝕔𝕜 𝕥𝕙𝕖 𝐋𝐈𝐊𝐄 𝐛𝐮𝐭𝐭𝐨𝐧 𝕥𝕠 𝕤𝕦𝕡𝕡𝕠𝕣𝕥 𝕞𝕪 𝕨𝕠𝕣𝕜. 𝕀 𝕨𝕠𝕦𝕝𝕕 𝕒𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕖 𝕚𝕥. The pair is expected to continue its upwards movement after it bounced back from an uptrend support line. Romania has been the next target of US militarization. The shift in the US defense strategy comes amid the widening gap in the relationship between Washington...

TradingShot Premium

Pattern: 1M Channel Up. Signal: Bullish as the price rebounded on both the MA50/200 and is repeating a bullish RSI sequence. Target: 4.40000.

InvestingScope Premium

The pair has started to rebound after last week's Higher Low within the 1M Channel Up (RSI = 61.167, MACD = 0.070, Highs/Lows = 0.0555). The 1D RSI has still room to rise before reaching the 68.35 - 72.00 peak zone. Since every Higher Low within the Channel Up has extended at least a +4.83% we calculate the next Higher High around 4.4500. Our Target Zone is 4.4000...

TradingShot Premium

Pattern: 1D Channel Up. Signal: Bullish as it is approaching the Higher Low zone of the pattern. Target: 4.3800 (based on the Higher High dif). *note if the 1D MA50 breaks potential decline towards the 1D MA200 (strongest long term buy signal).

JosephBlack

long

TradingShot Premium

Pattern: Channel Up on 1D. Signal: Bearish after a Higher High was made at 4.2800. Target: 4.2020 (potential Higher Low and Support).

dimitrisss27

short

SNDtrader1

Weekly trending upwards - Lagging span above cloud - Future cloud bullish - Conversion > Base line - Price above cloud Daily trending upwards - Lagging span above cloud - Future cloud bullish - Conversion > Base line - Price above cloud