AceTraderFx Apr 8: Daily Market Outlook on Asian Exotic USD/IDR

[acetraderfx]

USD/IDR DAILY OUTLOOK - 11290
08 Apr 2014 07:16GMT

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.

 

[acetraderfx]

AceTraderFx Apr 11: Daily Market Outlook on Asian Exotic - USD/IDR

USD/IDR DAILY OUTLOOK - 11440
11 Apr 2014 07:35GMT

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.

 

[acetraderfx]

AceTraderFx Apr 23: Daily Outlook on Asian Exotic USD/IDR

USD/IDR DAILY OUTLOOK - 11625
23 Apr 2014 06:36GMT

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.


STRATEGY : Long at 11630

POSITION : Long at 11630

OBJECTIVE : 11690

STOP-LOSS : 11600

RES : 11665/11690/11760

SUP : 11525/11465/11400

 

[acetraderfx]

AceTraderFx May 7: Daily Outlook on Asian Exotic USD/IDR

USD/IDR DAILY OUTLOOK - 11560
07 May 2014 07:01GMT

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.


STRATEGY : Stand aside

RES : 11585/11625/11665

SUP : 11500/11460/11410