Indian Rupee & Indonesian Rupiah – Asian FX Rising…

Indian Rupee & Indonesian Rupiah  –  Back Today on ATA Research Radar 

 

ATA Continuation of…

2018

8.09.2018 –  Indian Rupee & Indonesian Rupiah – another FLASH POINT in Global RISK OFF WAVE…

2019

2.06.2019 –  Indian Rupee & Indonesian Rupiah No Hurted by Trade War…But…

 

Indian Rupee & Indonesian Rupiah Main Motives

USD F/X  Master EM Currencies Pathfinder Falling Wave 

with

Last Pandemic Warning & Panic 

vs

Present COVID-19 Vaccines Hopes 

Asian Recovery Hopes 

created by Mainstream

with

Central Bank of India  &  Bank Indonesia  Easing Moves

India Central Bank cuts lending rate to decade low to 4%

Bank Indonesia (BI) cut its main policy rate by 25 basis points to 4.0%

vs

Pandemic Second Wave Fear Strikes Back  

vs

Roubini ‘Dr. Doom’ Mega Warning

10-year Depression is coming… investors far too confident about a possible recovery…

with

Afterpandemic New Reality 

ASIA – US – EUROZONE  – Global Economy Reopen

Recovery Scenario Mainstream Projections 

 

FED-BOJ-ECB-BoE-Biggest ever Black Swans

Minsky Moment Flat Money “Printing” System

vs

Coronavirus “Ugly Duckling”-Trigger

 

ASIA FX - 1

 

First…ATA from  2.06.2019

USD/INR  Present Active Range

68.50    vs    70

USD/IDR  Present Active Range

14.000   vs   14.500

ATA  USD/INR Investment Conclusion 

Focus carefully Result of  Testing 

Top Key Level Zone  70

 

ATA  USD/INR Investment Conclusion 

Focus carefully Result of  Testing 

Top Key Level Zone  14.500     

 

 

Second…Present  USD/INR & USD/IDR  Situation 

USD/INR & USD/IDR  SECULAR  ACTION

 

ATA MIND OVER MARKETS

Charts have No Temperature

Markets Never Wrong vs Often Mistaken 

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

 

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical Pattern…

Final…INVEST & TRADE – DON’T FORECAST…

 

First…Key Motives

above in this text…

 

Second…Market Technical  Patterns 

Long Term  View 

First of All

USD/INR

Ending Diagonal – Bear Reversal Pattern Forming 

in

Rising Channel 

vs

MACD Monthly still Active Buy Signal 

 

USD/IDR 

2B Pattern – Bear Reversal Pattern Activated 

Key Level 15650 

with

Back under Psychological Key Level 15.000 

vs

still in  Rising Channel 

MACD Monthly still Active Buy Signal 

 

USD/INR  Present Active Range

70   vs   75  77 – 80

 

USD/IDR  Present Active Range

14.500   vs   15.000 – 16.500

 

 

ATA  USD/INR Investment Conclusion 

special focus on

Present Active Key Level  75 Zone

 

 

ATA  USD/INR Investment Conclusion 

special focus on

Present Active Key Level  15.000 Zone

 

 

N – TIMES

Finally …

F/X  Maxim 

Most Important is  Final  Smart Money Reaction….

EOM – Now  August 

 

 

USD/INR & USD/IDR   Monthly  – Weekly Charts

8.09.2018

USD/INR

USD-INR-M

USD-INR-W

USD/IDR

USD-IDR - M

USD-IDR - W

31.05.2019

USD/INR

USD-INR - M

USD-INR - W

USD/IDR

USD-IDR - M

USD-IDR - W

USD/INR & USD/IDR   Monthly  Charts

24.08.2020 – Assian Session 

USD-INR - M

USD-IDR - M

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