Well... as I charted before (months ago), we will see a break down of USD, but still, if U zoom it out, it still in the up-trend!!!
My worst-case level for USD-IDR pair would be at 14,000 which align with my trending up blue line!!!
It may not even reach that point, as USD itself has many supports line before breaks and touch the 14,000 area!!!
#not financial...
When viewed as a whole with a daily time frame, the candle of this stock has many wicks. Starting from the dragonfly doji, gravestone doji, long-legged doji, and so on. Many candles you will find here. From now on, this means that a lot of the market uncertainty arises, and you must weigh your risk-return ratio carefully, or you will just be wasting money on...
The USDIDR also trends with its peers in Singapore and Thailand for continued downward movement. Although weakness in the past week is showing weaker signals in RSI and the bull bear crowd sentiment indicator, nearly all exponential moving averages suggest further continuation of the trend. In spite of this, price action is fast approaching a 2018 trend line which...
Ok, so IDR just passed psychological level of 15k, it happened right the next day after I posted my analysis where you can see it here .
Low inflation create worries in the market because analysts are speculating that there might be a lower demand in the market. The September data shows a deflation of 0.18% MoM which driven from a lower food prices - broiler...
I'm betting on Rupiah strengthened against dollar if Mr. Prabowo being elected in next 2019 president election and predicting Rupiah will go straight above 15K-ish if Mr. Jokowi continue to the second period.
My ressistant and support is above.
Mr. Prabowo x Mr. Sandi = Military x Businessman = IDR will be strengthened to 12K-ish
Mr. Jokowi x Mr. Ma'aruf Amin =...
