AceTraderFx May 19:Weekly Outlook on Asian Exotic USD/IDR

[acetraderfx]

WEEKLY USD/IDR OUTLOOK - 11360
19 May 2014 04:25GMT

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.


STRATEGY : Sell at 11400

OBJECTIVE : 11260

STOP-LOSS : 11470

RES : 11465/11520/11655

SUP : 11300/11255/11100

 

[acetraderfx]

AcetraderFx Jun 13: Daily Outlook on asian exotic USD/IDR

USD/IDR DAILY OUTLOOK - 11785

13 Jun 2014 07:02GMT

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.


STRATEGY : Stand aside

RES : 11810/11850/11895

SUP : 11740/11700/11650

 

[acetraderfx]

AceTraderFx Jun 23: Market Outlook on Asian Exotics USD/IDR

USD/IDR DAILY OUTLOOK - 11965

23 Jun 2014 07:12GMT

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.


STRATEGY : Buy at 11950

OBJECTIVE : 12000

STOP-LOSS : 11925

RES : 11975/12000/12040

SUP : 11940/11895/11835