empty
 
 
pt
Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

16.04.202405:02 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of USD/IDR Exotic Currency Pairs, Tuesday April 16, 2024.

Exchange Rates 16.04.2024 analysis

If you look at the daily chart, the exotic currency pair USD/IDR appears to be moving above its 200 MA and the Stochastic indicator which is already at the oversold level and is stuck at the level of the Bullish Fair Value Gap area which acts like a level. The support area which is quite strong seems to be holding back the rate of strengthening of the Garuda currency against the Greenback so that in the next few days as long as the strengthening correction that occurs in USD/IDR does not penetrate below the level of 15779.78, the Rupiah currency will weaken again against the USD to the level of 15964 as the main target and if momentum and volatility support then level 16060.22 is not impossible to achieve.

(Disclaimer)

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Arief Makmur,
Analytical expert of InstaSpot
© 2007-2024
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Não pode falar agora?
Faça sua pergunta no chat.