AceTradeForex Aug 2 : Daily Outlook on Asian Exotics USD/IDR

[B]USD/IDR DAILY OUTLOOK - 12110
16 Jan 2014[/B] [I]01:31GMT[/I]

As usd has staged a rebound fm 12040 (Mon), sug-
gesting the pullback fm 12175 has possibly ended
there, abv 12125 confirms this view, 12170 later.

Buy at market for this move with stop as indica-
ted n only below 12085 aborts bullishness, 12040.

[B]STRATEGY :[/B] Buy at market

[B]OBJECTIVE :[/B] 12170

[B]STOP-LOSS :[/B] 12080

[B]RES :[/B] 12125/12170/12255

[B]SUP :[/B] 12085/12040/12000

[B]USD/IDR DAILY OUTLOOK - 12120
17 Jan 2014[/B] [I]07:08GMT[/I]

As usd has staged a rebound fm 12040 (Mon), sug-
gesting pullback fm 12275 (Dec) has ended there n
further gain to 12175 is envisaged.

Trade fm long side with stop as indicated n only
below 12085 wud risk weakness to 12040.

[B]STRATEGY :[/B] Long at 12110

[B]POSITION :[/B] Long at 12110

[B]OBJECTIVE :[/B] 12170

[B]STOP-LOSS :[/B] 12080

[B]RES :[/B] 12125/12175/12255

[B]SUP :[/B] 12085/12040/12000

[B]USD/IDR DAILY OUTLOOK - 12170
24 Jan 2014[/B] [I]02:14GMT[/I]

Usd’s rebound fm 12040 to 12165 signals pullback
fm 12275 is over there n consolidation with upside
bias wud be seen further gain to 12175 n 12200.

Trade fm long side with stop as indicated, below
risk weakness to 12085 but 12040 shud hold.

[B]STRATEGY :[/B] 12170

[B]POSITION :[/B] Long at 12110

[B]OBJECTIVE :[/B] 12170

[B]RES :[/B] 12175/12255/12275

SUP : 12125/12085/12040

USD/IDR DAILY OUTLOOK - 1.2205
04 Feb 2014 06:28GMT

Despite y’day’s rise to 12250, intra-day gains in
Asian currencies suggests consolidation below Dec’s
5-year peak at 12275 wud continue.

Exit prev. long at 12210 as below 1.2190 wud risk
stronger retracement to 12165/70 later this week.

STRATEGY : Exit long

POSITION : Long at 12210

RES : 12250/12275/12300

SUP : 12190/12165/12140

[B]USD/IDR DAILY OUTLOOK - 11940
14 Feb 2014 [/B][I]01:44GMT[/I]

US Dollar fall below Jan’s low at 12040 confirms
decline from 2013 peak at 12275 to retrace MT uptrend
has resumed and further weakness to 11950 is seen.

Lower short entry for this move n only a daily
close above 12085 signals temp. low IS made, 12100.

[B]USD/IDR DAILY OUTLOOK - 11650
27 Feb 2014[/B] [I]01:29GMT[/I]

Despite Tuesday’s sell off to 11585, subsequent recovery
this suggests fall from 12275 has made a temp. low
there but above 11780 is needed to confirm, 11820.

On the downside, only below 11585 revives bearishness
for stronger retrace to 11550.

[B]STRATEGY :[/B] Stand aside

[B]RES :[/B] 11780/11820/11885

[B]SUP :[/B] 11585/11550/11500

[B]USD/IDR DAILY OUTLOOK - 11580
03 Mar 2014[/B] [I]07:53GMT[/I]

Intra-day breach of last Tuesday’s low at 11585 signals
erratic fall from 12275 has once again resumed and
further weakness 11500 would be seen b4 recovery.

Hold short with stop as indicated and only above
11660 suggests temp. low made, 11700.

[B]USD/IDR DAILY OUTLOOK - 11410
14 Mar 2014[/B] [I]05:10GMT[/I]

Wednesday’s rebound to 11465 suggests choppy trading
Monday’s 4-month low of 11345 would continue and marginal
gain from here can’t be ruled out before another fall.

Exit previous short at 11450 as only below 11345
revives bearishness for weakness to 11300.

[B]USD/IDR DAILY OUTLOOK [/B]- 11420
20 Mar 2014 [I]07:27GMT[/I]

USD’s board-based strength after Fed’s tapering
move and hawkish statement from Yallen suggests fall from
12275 has made a low at 11255 on Mon.

Hold long for 11500 with stop as indicated, below
would risk pullback to 11290/00.

[B]USD/IDR DAILY OUTLOOK - 11380
28 Mar 2014[/B] [I]07:30GMT[/I]

Despite USD’s rebound from 11355 (Tue), subsequent
retreat from 11445 suggests choppy consolidation with
mild downside bias would be seen.

Only below 11355 signals recovery from 11255 is
over, 11300. Above 11450 aborts, yields 11500.

[B]STRATEGY :[/B] Stand aside

[B]RES :[/B] 11450/11550/11680

[B]SUP :[/B] 11355/11300/11255

[B]USD/IDR DAILY OUTLOOK[/B] - 11290
[B]08 Apr 2014[/B] [I]07:16GMT[/I]

Usd’s retreat from 11320 signals recovery from 11270
has ended there and downside bias is seen for re-test
of 11255, break confirms fall from 12275 has resumed.

Hold short for 11200 1st and only above 11320 would
prolong choppy trading and risk 11340.

[B]USD/IDR DAILY OUTLOOK[/B] - 11440
[B]11 Apr 2014[/B] [I]07:35GMT[/I]

USD’s strong rebound from 11270 (Mon) suggests recent
decline from 12275 (Dec 13’) has made a temporary low
there, above 11500 would confirm and yield 11550 later.

On the downside, only below 11330 would indicate
recovery is over, 11270 again. Stand aside.

[B]USD/IDR DAILY OUTLOOK[/B] - 11625
[B]23 Apr 2014[/B][I] 06:36GMT[/I]

Usd’s rally to 11645 confirms erratic rise from
Mar’s low at 11255 has resumed n further gain to
11665 is seen, above would extend to 11690.

Hold long with stop as indicated n below would
risk stronger pullback but 11525 should hold.

[B]STRATEGY :[/B] Long at 11630

[B]POSITION :[/B] Long at 11630

[B]OBJECTIVE :[/B] 11690

[B]STOP-LOSS :[/B] 11600

[B]RES :[/B] 11665/11690/11760

[B]SUP :[/B] 11525/11465/11400

[B]USD/IDR DAILY OUTLOOK[/B] - 11585
[B]25 Apr 2014[/B] [I] 04:53GMT[/I]

Dlr’s retreat from Wed’s 7-week high of 11665 to
11565 today confirms recent up move from 11255 (Mar)
has made a temp. top and consolidation is seen b4 up.

Still favour buying again on dips for 11620 1st
and only below 11525 risks stronger retrace. to 11460

[B]STRATEGY :[/B] Buy at 11550

[B]OBJECTIVE :[/B] 11620

[B]STOP-LOSS :[/B] 11510

[B]RES :[/B] 11625/11665/11690

[B]SUP :[/B] 11565/11525/11465

[B]USD/IDR DAILY OUTLOOK [/B]- 11560
[B]07 May 2014 [/B] [I]07:01GMT[/I]

Dlr’s intra-day strong rebound signals 1st leg of
decline from Apr’s 11665 top has ended yesterday at 11500
n ‘choppy’ sideways trading is in store.

Above 11585 would bring further gain to 11615/25 n
only below 11500 extend decline toward 114600 next wk.

[B]STRATEGY :[/B] Stand aside

[B]RES :[/B] 11585/11625/11665

[B]SUP :[/B] 11500/11460/11410

[B]WEEKLY USD/IDR OUTLOOK -[/B] 11360
[B]19 May 2014[/B] [I] 04:25GMT[/I]

Last week’s sharp sell off signals recovery from
Mar’s low at 11255 has ended at 11655 (Apr) and MT
fall should resume for weakness to 11255 later.

Sell on recovery with stop as indicated, break
signal temp. top made n risk gain to 11520.

[B]STRATEGY :[/B] Sell at 11400

[B]OBJECTIVE :[/B] 11260

[B]STOP-LOSS :[/B] 11470

[B]RES :[/B] 11465/11520/11655

[B]SUP :[/B] 11300/11255/11100

[B]USD/IDR DAILY OUTLOOK[/B] - 11785

[B]13 Jun 2014[/B][I] 07:02GMT [/I]

Usd’s breach of Monday’s 11775 low suggests fall from
last Thursday’s 3-1/2 month peak at 11895 has resumed and
marginal weakness to 11740 is likely before rebound.

Would be prudent to stand aside for now. Above 11810
would signal low made and bring gain to 11850.

[B]STRATEGY :[/B] Stand aside

[B]RES :[/B] 11810/11850/11895

[B]SUP :[/B] 11740/11700/11650

[B]USD/IDR DAILY OUTLOOK[/B] - 11965

[B]23 Jun 2014[/B] [I]07:12GMT[/I]

Dlr’s rebound to 11975 Fri signals re-test of
last Wednesday’s 4-mth peak at 12000 would
be seen after consolidation, above would extend
to 12030/40 later.

Raise long entry for this move and only a daily
close below 11895 ‘prolongs’ choppy trading, 11860.

[B]STRATEGY :[/B] Buy at 11950

[B]OBJECTIVE :[/B] 12000

[B]STOP-LOSS :[/B] 11925

[B]RES :[/B] 11975/12000/12040

[B]SUP :[/B] 11940/11895/11835

[B]USD/IDR DAILY OUTLOOK - 11920[/B]

[B]02 Jul 2014[/B] [I]04:12GMT[/I]

Dlr’s intra-day stronger-than-expected rebound
to 11930 confirms 1st leg of correction from Friday’s
4-1/2 month top at 12105 has ended at 11770 yesterday.

As long as 11980 (61.8% r) holds, another fall is
likely ‘later’, below 11835 would yield 11790/00.

[B]STRATEGY :[/B] Stand aside

[B]RES :[/B] 11930/11975/12005

[B]SUP :[/B] 11835/11790/11770

[B]USD/IDR DAILY OUTLOOK - 11720

15 Jul 2014[/B] [I]04:18GMT [/I]

Intra-day gap-up open confirms recent fall from
June’s 12105 has made a low at 11520 last Thursday
and gain to 11745 (38.2% r) and later 11770 is seen.

Turn long on dips as only below 11660 would signal
temp. top is in place, risk weakness to 11615/20.

[B]STRATEGY :[/B] Buy at 11700

[B]OBJECTIVE :[/B] 11770

[B]STOP-LOSS :[/B] 11670

[B]RES :[/B] 11740/11770/11810

[B]SUP :[/B] 11660/11615/11585