RON AccumulationHello, fellow traders. I have seen this bullish divergence on the RON/EUR monthly chart.
This shows accumulation for the RON.
The RON already bounced from its lower low trajectory with the US dollar because of FED cutting rates.
Romanians are great and hard working people, it is one of the natio
EURRON: 1M Resistance rejection. Short opportunity.The pair is on a strong 1D uptrend since it found support in September on the 1D MA50 and is close to the overbought zone (RSI = 71.170). Yesterday it peaked at 75.000 which is where it was rejected on September 20th. Moreover yesterday's rejection took place on the 1M 4.7825 Resistance, which is ho
EURRON targets 4.7767?EUR is uptrending against RON. The last 2 resistance levels are 4.7630 and 4.7662. Once the price closes above them, there is nothing in the way until 4.7767 and 4.7803. Let's watch how the orange uptrend reacts to those levels. If the orange uptrend is lost, a retest of 4.7586 and of the silver upt
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of EURRON is 4.9703 RON — it has decreased by −0.036% in the past 24 hours. See more of EURRON rate dynamics on the detailed chart.
The value of the EURRON pair is quoted as 1 EUR per x RON. For example, if the pair is trading at 1.50, it means it takes 1.5 RON to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURRON has the volatility rating of 0.081%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURRON right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURRON technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURRON shows the sell signal, and 1 month rating is buy. See more of EURRON technicals for a more comprehensive analysis.