since map years ago, many pple said goes to 16k. and now will fall down deep. for me, good chance to buy USD arround 14400 hold till end of the year
also divergen MN as long as it doesnt break 14000 lvl
Indonesia rupiah would like to weakening since we've got a pennant pattern on this market as their bullish continuation signal. Buy on break should be your consideration with the supply area as price target and 14300 as a bullish invalidation if the price goes down and close below it
SGDIDR is below it's psychological level of 200 days moving average (MA200). This show that the sell pressure is still intact, and we expect a downtrend move for SGDIDR. As long price still lower than 10440 (MA200) and below 10285 as a neckline of Head & Shoulder pattern, there is a downside risk to hold SGDIDR with downside target at 9765 and 10075 as its minor...
The movement of US Dollar to Rupiah seems in the end of consolidation? After 3x the price breaks the trend line, according to the fan principle theory, the third will be a strong confirmation. We see that US dollar will strengthen toward Rupiah to upper consolidation range 14525 - 14550. If US Dollar then breaks 14550, seems the USDIDR will rally.
#galerisaham |...
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This just comes after looking at gold vs a number of different currencies like XAU/AUD which and XAU/NZD both of which have set new all time highs. The value of gold is one thing, the value of your home currency is a another thing. This is why people hold gold - to protect themselves from the slow and steady (or not so slow and steady at...
FX_IDC:USDIDR
I predict Rupiah (USDIDR) might keep depreciating to more than Rp14,300/USD.
If Rupiah Breakout Resistance (Rp14,300/USD), then the possibility of Rupiah strengthening to Rp13,600/USD or any level below Rp14,000/USD is vanished. Rupiah will be on the verge to keep weakening to its lowest level at Rp15,300/USD.
Rupiah must move below Rp14,000/USD...
This is 100% technical analysis and 0% fundamental analyis. I would like to see for myself if TA can stand on its own.
By my count there is some strong bearish divergence shown on the RSI. Three higher highs have translated to lower highs on the RSI, indicating slowing momentum. When that slowing momentum is also coincident with what seems to be (I only spent 5...
This has been a tough one to make a prediction because it is at the same level during the crisis in 1998, but notice it is the new normal for Rupiah, even though nominal term seems horrifying, but in terms of percentage it is tamer than of that in 1998, 2008/2009 and 2015. Looking at the 3 flags pattern there are probability that IDR may hit 15k in the near term....
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 =...
Now price of USD/IDR has reach its peak from 2014-2015 run, is USD/IDR still too high? maybe yes, its reach last highest price.
so? its preferred that holders will selling their dollars to rupiahs soon by now, or if they dont, not many people want to buy dollar at this time...
