Free Trial

Bullish Break USDIDR managed to...>

DOLLAR-IDR TECHS
DOLLAR-IDR TECHS: Bullish Break 
USDIDR managed to close cleanly above its 50-dma yesterday shifting the focus to
the upside as the pair traces out an inverse head and shoulders formation. A
close above the Jan 21 high at 14223 would confirm a bullish break, opening the
200-dma currently at 14471 which coincides with the inverse head-and-shoulders
breakout target. On the downside a break below 13898 would extend the broader
downtrend and put the focus back on the June 6 low at 13837.

To read the full story

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); }); window.REBELMOUSE_TASKS_QUEUE.push(function(){ (function appendPosts () { var policyPosts = document.getElementsByClassName('policy-posts-wrapper')[0]; var policyPostsMenu = document.querySelector('.policy-posts-span'); policyPostsMenu.append(policyPosts); policyPosts.style.display = "block"; var dataPosts = document.getElementsByClassName('data-posts-wrapper')[0]; var dataPostsMenu = document.querySelector('.data-posts-span'); dataPostsMenu.append(dataPosts); dataPosts.style.display = "block"; })(); }); window.REBELMOUSE_TASKS_QUEUE.push(function(){ document.querySelectorAll(".my-mni").forEach(function(item){ item.href="/core/users/email_login/"; item.innerHTML="Log In"; }) }); window.REBELMOUSE_TASKS_QUEUE.push(function(){ document.querySelectorAll("img").forEach(function (img) { img.addEventListener("contextmenu", function (e) { return false; }); }); document .querySelector(".site-logo img") .addEventListener("contextmenu", function (e) { return true; }); }); window.REBELMOUSE_TASKS_QUEUE.push(function(){ document.querySelector('.signup-form').addEventListener('submit', () => { window.dataLayer = window.dataLayer || []; dataLayer.push({ 'event' : 'submission_click', 'event_category': "Sign Up Button Clicks", 'event_label': "Posts" }); }) }); window.REBELMOUSE_TASKS_QUEUE.push(function(){ REBELMOUSE_STDLIB.createElementChangeListener(".areas-of-interests__options .signin-module", function (item) { item.addEventListener("click", function () { if(item.querySelector("input").checked){ item.classList.add("selected"); // item.querySelector("input").checked=false; } else { item.classList.remove("selected"); // item.querySelector("input").checked=true; } }) }) function initializeTooltip(){ document.addEventListener("mouseover", function (e) { if (e.target.matches(".authentication--field-fi_market > i")) { document .querySelector(".subscription-form-tooltip.fi-market") .classList.remove("hide"); } if (e.target.matches(".authentication--field-fx_market > i")) { document .querySelector(".subscription-form-tooltip.fx-market") .classList.remove("hide"); } if (e.target.matches(".authentication--field-data > i")) { document .querySelector(".subscription-form-tooltip.data") .classList.remove("hide"); } if (e.target.matches(".authentication--field-mni_research > i")) { document .querySelector(".subscription-form-tooltip.mni_research") .classList.remove("hide"); } if (e.target.matches(".authentication--field-policy > i")) { document .querySelector(".subscription-form-tooltip.policy") .classList.remove("hide"); } if (e.target.matches(".authentication--field-EM_market > i")) { document .querySelector(".subscription-form-tooltip.EM_market") .classList.remove("hide"); } if (e.target.matches(".authentication--field-calendar > i")) { document .querySelector(".subscription-form-tooltip.calendar") .classList.remove("hide"); } if (e.target.matches(".authentication--field-commodities > i")) { document .querySelector(".subscription-form-tooltip.commodities") .classList.remove("hide"); } }); document .querySelectorAll(".areas-of-interests__options i") .forEach(function(btn){ btn.addEventListener("mouseleave", function (e) { let tooltips = document.querySelectorAll(".subscription-form-tooltip"); tooltips.forEach(function(tooltip){ tooltip.classList.add("hide"); }); }); }); } function createTooltip(item) { const tooltip = document.createElement('i'); tooltip.classList.add('tooltip'); item.appendChild(tooltip); } REBELMOUSE_STDLIB.createElementChangeListener(".areas-of-interests__options .authentication--label", function(item){ createTooltip(item); if(document.querySelectorAll(".areas-of-interests__options .authentication--label").length >=7 ){ initializeTooltip(); } }) REBELMOUSE_STDLIB.createElementChangeListener('.signup-form.authentication--form',function(item){ item.onsubmit=function(e){ ga('b.send', 'event', {eventCategory: 'Signup', eventAction: 'CompletedForm', eventLabel:'pageTitle', eventValue:15}); window.dataLayer = window.dataLayer || []; dataLayer.push({ 'event' : 'signup_click', 'event_category': "Signup", 'event_action': 'CompletedForm', 'event_label': 'pageTitle', 'event_value': 15 }); } }) }); window.REBELMOUSE_TASKS_QUEUE.push(function(){ let posts = document.querySelectorAll(".all-content-wrapper .widget:not(.stream-story-processed)"); window.check_story_posts(posts, "streamOfPosts"); }); window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){ /* const sidebar = document.querySelector('.left-sidebar-container'); const stickyContent = document.querySelector('.sticky-content'); const siteContent = document.querySelector('.all-posts-stream'); if (sidebar && stickyContent && siteContent) { if (siteContent.clientHeight > sidebar.clientHeight) { console.log('grater -> ', siteContent.clientHeight + ' > ' + sidebar.clientHeight); stickyContent.style.height = (siteContent.clientHeight - sidebar.clientHeight) + 'px'; } } */ });