USDIDR trade ideas
USD/IDR (Dual country analysis, Feb 2021)It has broken Rp 13.8k but not lower enough . My absolute prediction is it won't go down to 12k in anyway, unless Joe made weird regulations and all conservatives marched to streets again. It's all political, i never expect USD to hit lower than 14k IDR, this will never happen in Donald's presidency where USD soared high. It's the truth, Joe is weakening USD and Trump is strengthening USD. But what we care, you and me, is the opportunity to bet right.
To rebound to 14k is really possible. USD is weakening, good time to bet low (sell option), and buy lump sum of USD cash with IDR cash.
Indonesia will have to wait until 2024 to become USD = Rp 15k. Or any riots or chaos happened before, you can bet that it happens every year. When that happened bet high (buy option), sell USD cash. Money changer is your friend.
Any feedback is appreciated. Let's learn to take profit together
USDIDR - DAILY Wave ForecastingTrend = BULLISH
Parent Trend = BULLISH (Monthly)
Wave Direction = Down then Up
After forming Head N Shoulders & Double Top, price going down break Rising Wedge & bottom trendline.
This made trend has changing to short bearish
But this won't be long, because price still on the corrective wave.
Target price = 14505-14565 then UP to 14915-14975
Entry Idea = Wait for correction wave is completed, then look for Buying opportunity
Check latest post for updated analysis !
*Disclaimer alert : This analysis based on our point of view. We wil not be held responsible for any losses that occur in your account. Always use your own best Money Management. If you found this helpful, feel free to donate me.
See you on the Winning Side baby !
USDIDR - MONTHLY Wave ForecastingTrend = BULLISH
Pattern = -
Price had bounced at Support + MA area
Most likely will continue the trend
Target price = 17100-17500
Entry Idea =
Wave is in the direction of the Trend. (Look for continuation wave / pattern on the lower timeframe)
Check latest post for updated analysis !
See you on the Winning Side baby !
Monitor The Impact of Indonesia's Jobs Creation Bill : USDIDRI believe there are positive impacts.
I monitor USDIDR to see if Investors agree with the impacts.
USDIDR is forming a Bearish Continuation Pattern since June 2020. Meaning, there is a potential Downward Move and it has just begun after USDIDR fall below Rp14,750.
USDIDR could continue falling to Rp13,600, meaning Rupiah could continue its strength.
Indonesia Rupiah Slammed by USDDangerous territory for Indonesia Rupiah as we approach resistance from the 1998 high. Need the central banks to figure this one out quickly or expect disaster for the indonesian economy. Target in the 25,000s if we can break through
Apakah USDIDR akan menutup GAPUSDIDR berpotensi ke fibo 61.8% di 15679
Candle sudah di atas EMA 21 34 90 bertanda uptrend
Rupiah Akan Kembali Melemah Menuju USDIDR 16,800Rupiah kini akan kembali melemah menuju Rp. 16,800 setelah sebelumnya menguat ke Rp. 13,800 sebagaimana diperhitungkan sebelumnya. Batas ambang nilai tukar Rupiah terhadap Dollar AS dalam jangka menengah berapa pada Rp. 13,800-Rp. 16,800. Berdasarkan analisa moneter, Rupiah akan tetap melemah dalam jangka menengah dan panjang namun menguat dalam jangka pendek. Hal ini terjadi sebagai akibat capital inflow secara keseluruhan lebih kecil dibandingkan dengan capital outflow. Akibatnya, kekuatan keuangan didalam negeri akan tumbuh dengan rendah dan akan tetap mengakibatkan ketergantungan terhadap kekuatan keuangan luar negeri dalam pembangunan.
Rupiah to Strengthening to Rp13,600 agains US DollarThe strong move of Rupiah since May'19 at Rp14,500 against US Dollar should continue after Rupiah Break Support at Rp13,900.
Rupiah gave 2 indications it is on Downtrend moves: when Rupiah failed to rise above Rp14,300 (Aug'19) and again failed to rise above Rp14,200 (Oct'19).
Once Break Support, Rupiah could continue strengthening to Rp13,600 and will stay at Downtrend.
USDIDR : In BetweenUSDIDR has fallen since early April 2020 from Rp17,000/USD to Rp15,150/USD.
In my opinion, this move is to end a weakening trend of Rupiah that started in early 2020. To do that, Rupiah must continue to move below Rp14,700/USD.
If somehow Rupiah stays within Rp15,000/USD range, there is a possibility that a weakening trend of Rupiah will still happen anytime soon. This time, Rupiah can shoot up to Rp17,000 - Rp18,000/USD.
I am hoping to see a further strengthening of Rupiah in the next 2-3 weeks to reach a level below Rp14,700/USD.
USD/IDR the power of rupiahamid covid-19 virus pandemic, the rupiah feel highest high, and also lowering from that high.
USD/IDRUSD/IDR membentuk cup and handle pattern with Target:
Resistance 1: 19700
Resistance 2 : 23000
USD/IDR 1DThe market is probably shifting the downside for retracement till the previous high which is the main target to get profit.
usd idr pullback area 15600 - 15400 rupiahOverall bisa dilihat usd idr ada didalam formasi big triangle dengan retest ath sebelumnya di area 6700 rupiah, kemungkinan pullback dalam beberapa minggu kedepan ada di area 15600 - 15400 rupiah atau line 0.786 area fibonacci retracement . Perhatikan faktor fundamental khususnya terkait krisis yg sedang terjadi, jika usd mampu menembus area 17000 rupiah per dollar, siap siap tampung dollar ya guys.
Di sisi lain usd idr juga membentuk ascending wedge (trend garis biru) dengan harga puncak di area 18000 rupiah per dollar, estimasi mencapai target wedge dalam 4 tahun kedepan berdasar perhitungan bagan, tepat dengan siklus krisis global /8tahun.
So...bukan harga barang yang turun, rupiahmu lemah!
Stay safe stay at home. Dirumah doeloe !!!!
Indonesia Three Musketeers Since 2020COMPOSITE movement is negatively correlated with ID10Y.
USDIDR is positively correlated with ID10Y.
I'm trying to catch the time when COMPOSITE starts to go up and ID10Y starts to go down.
USDIDR March '20Kali ini ga sendiri
Conform with the dollar liquidity crisis leggo lets ride this wave xD
USDIDR next resistanceDespite all the news in Indonesia, we can look at the chart that IDR weakening to USD. USDIDR now at 14110. facing its near resistance at 14134 then 14183, 14200. If price can break above this area, most likely it will test 14280.
