The strong move of Rupiah since May'19 at Rp14,500 against US Dollar should continue after Rupiah Break Support at Rp13,900. Rupiah gave 2 indications it is on Downtrend moves: when Rupiah failed to rise above Rp14,300 (Aug'19) and again failed to rise above Rp14,200 (Oct'19). Once Break Support, Rupiah could continue strengthening to Rp13,600 and will stay at Downtrend.
USDIDR has fallen since early April 2020 from Rp17,000/USD to Rp15,150/USD. In my opinion, this move is to end a weakening trend of Rupiah that started in early 2020. To do that, Rupiah must continue to move below Rp14,700/USD. If somehow Rupiah stays within Rp15,000/USD range, there is a possibility that a weakening trend of Rupiah will still happen anytime...
amid covid-19 virus pandemic, the rupiah feel highest high, and also lowering from that high.
Indonesian Rupiah (IDR) will continue to be stronger than USD, EUR, JPY, CHF in "short term". At such, USDIDR and EURIDR will continue to bearish and the JPYIDR and JPYCHF will continue to bullish. It is estimated for USDIDR to revisit the 14.000 and EURIDR to revisit 15,000 and the final actual price subject to their average traded weighted rates at their lower...
USD/IDR membentuk cup and handle pattern with Target: Resistance 1: 19700 Resistance 2 : 23000
The market is probably shifting the downside for retracement till the previous high which is the main target to get profit.
COVID-19 Speeding Indonesian Crisis and Return to Pancasila for Recovery Comparison with Chinese Yuan Based on official data from the World Bank, the Indonesian GDP rose to $ 1,126.00 billion ($ 1.13 trillion, estimated to Rp. 16,327.00 trillion at USD/IDR 14,500) in 2019 and represents 0.93 % of the world’s economic turnover. Based on official data from...
COVID-19 Speeding Indonesian Crisis and Return to Pancasila for Recovery Comparison to Philippine Peso Based on official data from the World Bank, the Indonesian GDP rose to $ 1,126.00 billion ($ 1.13 trillion, estimated to Rp. 16,327.00 trillion at USD/IDR 14,500) in 2019 and represents 0.93 % of the world’s economic turnover. Based on official data from...
COVID-19 Speeding Indonesian Crisis and Return to Pancasila for Recovery Based on official data from the World Bank, the Indonesian GDP rose to $ 1,126.00 billion ($ 1.13 trillion, estimated to Rp. 16,327.00 trillion at USD/IDR 14,500) in 2019 and represents 0.93 % of the world’s economic turnover. Based on official data from Indonesian central bank (BI), the...
Since the reform era, Indonesia has been changed from "human development" to "religious development" by the implementation of Islam law in Aceh and the reform of laws and regulatory envirnment based on Islam laws. The reform responded by capital outflow in the form of foreign direction investment (FDI) from the developed nations and slowest growth of FDI to...
Overall bisa dilihat usd idr ada didalam formasi big triangle dengan retest ath sebelumnya di area 6700 rupiah, kemungkinan pullback dalam beberapa minggu kedepan ada di area 15600 - 15400 rupiah atau line 0.786 area fibonacci retracement . Perhatikan faktor fundamental khususnya terkait krisis yg sedang terjadi, jika usd mampu menembus area 17000 rupiah per...
COMPOSITE movement is negatively correlated with ID10Y. USDIDR is positively correlated with ID10Y. I'm trying to catch the time when COMPOSITE starts to go up and ID10Y starts to go down.
Kali ini ga sendiri Conform with the dollar liquidity crisis leggo lets ride this wave xD
The corona virus is hitting the global economic, financial and price stability. Emerging market and developing as well as less and lesser developing countries will face a new global economic and financial crushes. The cushes are driven by the continuing liquidation (sell position) by the global investment managers from emerging market and less and lesser...