empty
07.10.2024 06:21 AM
Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday October 07, 2024.

This image is no longer relevant

With the detection of deviations between the price movements of the exotic currency pair USDIDR with the RSI(5) indicator which gives an indication that in the next few days the USD will strengthen against the Garuda currency where the level of 15581 will be tested and penetrated upwards where if this level is successfully broken then it will be a sign of strengthening the greenback against the Rupiah although in the next few days there could be a correction of weakening against the USD but as long as the weakening does not break and close below the level of 15155.10 then the USD still has the potential to strengthen to the level of 15785.73 as its main target and if the momentum and volatility support it is not impossible that the level of 16095 will be the next target.

(Disclaimer)

Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Technical Analysis of Intraday Price Movement of GBP/JPY Cross Currency Pairs, Tuesday June 17, 2025

If we look at the 4-hour chart, the GBP/JPY cross currency pair is seen moving in a Bullish bias, which is confirmed by its price movement which is moving

Arief Makmur 06:38 2025-06-17 UTC+2

Technical Analysis of Intraday Price Movement Gold Commodity Instrument, Tuesday June 17, 2025

On the 4-hour chart, the Gold commodity instrument appears to have a Divergence between the Gold price movement and the Stochastic Oscillator indicator, which indicates that in the near future

Arief Makmur 06:38 2025-06-17 UTC+2

EUR/USD Forecast for June 17, 2025

The euro continues to show resilience in the face of geopolitical risks, but it is not doing so independently. It is supported by oil prices and technical consolidation

Laurie Bailey 04:51 2025-06-17 UTC+2

GBP/USD Forecast for June 17, 2025

The British pound is gradually squeezed between the MACD line on the daily chart and the resistance level at 1.3635. The key question now is: which direction will the price

Laurie Bailey 04:48 2025-06-17 UTC+2

AUD/USD Forecast for June 17, 2025

The Australian dollar has been consolidating near the ascending price channel line at 0.6550 for eight consecutive sessions. The Marlin oscillator has been consolidating above the zero line even longer—since

Laurie Bailey 04:48 2025-06-17 UTC+2

XAU/USD. Analysis and Forecast

Gold is currently holding on to its intraday losses. Overall positive sentiment in the stock markets is undermining demand for bullion. However, a combination of factors is preventing bears from

Irina Yanina 12:18 2025-06-16 UTC+2

Forecast for EUR/USD on June 16, 2025

On Friday, the EUR/USD pair reversed in favor of the U.S. dollar and consolidated below the 100.0% Fibonacci correction level at 1.1574. This did not happen without reason, which

Samir Klishi 12:02 2025-06-16 UTC+2

Forex forecast 16/06/2025: EUR/USD, GBP/USD, USD/JPY, Oil, Gold and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:30 2025-06-16 UTC+2

GBP/USD – June 16th: Bulls Hold the 1.3527 Level

On the hourly chart, the GBP/USD pair on Friday rebounded twice from the 127.2% Fibonacci retracement level at 1.3527 and rose toward the resistance zone of 1.3611–1.3633. However, prior

Samir Klishi 10:27 2025-06-16 UTC+2

Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Monday June 16, 2025.

With the appearance of the Bullish 123 pattern in the midst of the weakening conditions of this exotic currency pair, that has been confirmed by the movement of the USD/IDR

Arief Makmur 07:16 2025-06-16 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.