AceTraderFx Apr 25: Market Outlook on Asian Exotic USD/IDR

[acetraderfx]

USD/IDR DAILY OUTLOOK - 11585
25 Apr 2014 04:53GMT

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


STRATEGY : Buy at 11550

OBJECTIVE : 11620

STOP-LOSS : 11510

RES : 11625/11665/11690

SUP : 11565/11525/11465

 

[acetraderfx]

AceTraderFx Jul 2: Daily Outlook on Asian Exotic USD/IDR

USD/IDR DAILY OUTLOOK - 11920

02 Jul 2014 04:12GMT

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.


STRATEGY : Stand aside

RES : 11930/11975/12005

SUP : 11835/11790/11770

 

[acetraderfx]

AceTraderFx Jul 15: Daily Outlook on Asian exotic USD/IDR

USD/IDR DAILY OUTLOOK - 11720

15 Jul 2014 04:18GMT

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.


STRATEGY : Buy at 11700

OBJECTIVE : 11770

STOP-LOSS : 11670

RES : 11740/11770/11810

SUP : 11660/11615/11585