Indian Rupee & Indonesian Rupiah – Breaking the USD Waves…

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…

2020

24.08.2020 – Indian Rupee & Indonesian Rupiah – Asian FX Rising…

Indian Rupee & Indonesian Rupiah Main Motives

INDIA Virus Mutation

Pandemic Danger Wave – especially in India

and

The Reserve Bank of India Verdict

kept its benchmark repurchase rate at 4% – April 2021 Meeting

maintaining an accommodative stance as long as necessary

to sustain growth on a durable basis and continue to mitigate the impact of COVID-19 on the economy

The Bank Indonesia Verdict

kept its key rate unchanged at a record low of 3.75% – April 2021 Meeting

decision supporting the domestic recovery amid low inflation

with

USD FX MASTER TRIGGER

USD F/X  Master EM Currencies Pathfinder

USD BEAR WAVE Stopped

DXY After Dynamic Fall – Grenn Bulls Strike Back from Master Psychological Key Level 90

EM CURRENCIES – INR and IDR BULL STRIKES

and

US & Asia-Indonesia Trade & Economy Recovery after Pandemic – Locdowns

vs

India Hard Fighting with Pandemic

FED Mega ” CENTRAL PRINTING “

FED No any Tapering Signals

Biden Stimuls Ecstasy

but with

Virus Mutation – Now special India

vs

COVID Vaccines Global Hope

with

still Active

Clear Risky Motive

Roubini ‘Dr. Doom’ Mega Warning

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

vs

COVID-19 Vaccines Hopes 

Global Recovery Hopes 

created by Mainstream

with

Afterpandemic New Reality 

Asia – US & Global Economy Reopen

K – Recovery Scenario Mainstream Projections 

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

Minsky Moment Flat Money “Printing” System

vs

Coronavirus “Ugly Duckling”-Trigger

First…ATA from  24.08.2020

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

Second…Present  USD/INR & USD/IDR  Situation 

USD/INR & USD/IDR  SECULAR  ACTION

ATA MIND OVER MARKETS

Charts Worth more than 1000 Words

Charts have No Temperature

Charts always show Reversal Pattern First ex ante

Bullish Bearish Divergences – Hidden Key to Reversal

Markets Never Wrong vs Often Mistaken

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

Invest – Trade vs Don’t Forecast

Secular/Long Term View shows the Truth

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 Activated

Break Down Lower Edge – Key Level 74 Zone

vs

Present Testing Lower Edge of Rising Channel 

Key Level 73.30 Zone

vs

MACD Monthly Sell Signal 

USD/IDR 

After

Dynamic Shot Up vs Down to and from Higher Psychological Key Level 17.000 Zone

Test Upper Edge Large Ending Diagonal Pattern

Activated

Two 2B Patterns

First…Key Level 15650 

Second… Key Level 15270

with

Back under Psychological Key Level 15.000 

vs

Present Test with Breaking Lower Edge Large Ending Diagonal

Key Level 14.400 

with

MACD Monthly Sell Signal 

USD/INR  Present Active Range

70   vs   75 

USD/IDR  Present Active Range

13.800-14.000   vs   14.400-14.800

ATA  USD/INR Investment Conclusion 

special focus on

Present Active Key Level  73 Zone

ATA  USD/INR Investment Conclusion 

special focus on

Present Active Key Level  14.000 Zone

Both with

Fib Ret Last Bull Wave 

and

Research New Pattern 

Classic & Candlestick

of course with

Next Smart Money Move

ATA FX Maxime

MAJOR TOPS  WERE ALWAYS CREATED on SUPER GOOD NEWS

with

EUPHORY PHASE …!!!

vs

MAJOR BOTTOMS  WERE ALWAYS CREATED

on

SUPER NEGATIVE NEWS

with

PANIC PHASE

Market Trend always changed when Mainstream Media created 

One Slogan ” No Chance for Change “…

that’s why

Charts show you  Reversal Pattern First  ex ante…!!!

N – TIMES

Finally …

F/X  Maxim 

Most Important is  Final  Smart Money Reaction….

EOM – Now  May

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

USD/INR & USD/IDR   Monthly  and Weekly Charts

14.05.2021 – EOD

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