[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