Euro vs Indonesian rupiah price prediction: breakout near Rp19,316.00?
Euro vs Indonesian Rupiah (EUR/IDR) is currently trading at Rp19,268.00, sitting below both the MA-20 (Rp19,306.68) and MA-50 (Rp19,287.87), while remaining well above the MA-200 (Rp19,037.52). This alignment indicates ongoing short- and medium-term selling pressure, but long-term support remains intact.
20569.17
20757.21
Highlights
- EUR/IDR trades at Rp19,268.00, below MA-20 and MA-50 but above MA-200, indicating persistent short- and medium-term selling with long-term support intact.
- Momentum is weak with daily RSI at 38.7 and MACD in sell territory, while multiple oscillators flag oversold conditions and Bull/Bear Power at -40.34 signals strong seller dominance.
- Weekly technicals suggest over 80% probability of an upward move, with resistance at Rp19,316.00 and a bearish trigger below Rp19,186.00, consolidating price within Rp19,186.00–Rp19,297.00.
Oversold signals and weak momentum as resistance holds
On the technical front, the nearest resistance is the Ichimoku Kijun at Rp19,316.00, with dynamic support emerging near the MA-200. Daily momentum is moderately weak, as MACD signals sell, and the ADX is low at 13.55, pointing to limited trend strength. Several oscillators, including RSI at 38.7, Stoch RSI, and CCI, show oversold conditions, while the Bull/Bear Power at -40.34 reflects strong intraday selling. The price is trading at the high end of today’s range with low volatility and some recovery momentum from deeply oversold levels.
Bullish breakout risk emerges as consolidation tightens
Looking ahead, EUR/IDR is expected to remain tightly consolidated between Rp19,186.00 and Rp19,297.00 over the coming week. The probability of an upside move is high, with weekly technicals—especially the MACD, RSI, ADX, and MA-50—pointing toward bullish potential. The baseline view is sideways movement within a narrow band, with a bullish breakout indicated by a close above Rp19,316.00. Conversely, a drop below Rp19,186.00 could trigger a more pronounced downside move toward the long-term MA-200.
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
