Free Japanese yen With Indonesian rupiah (JPYIDR(Forex)) Technical Analysis Signals

Overal Signal
Buy
Signals
Hold Buy Neutral Neutral
Last Update / Period
05 Nov / Daily
Category/Currency
Forex/IDR
Exchange/Country
FX/--

Japanese yen With Indonesian rupiah (JPYIDR(Forex)) signal with technical analysis on 05 Nov

On 05 Nov, we conducted a comprehensive technical analysis of Japanese yen With Indonesian rupiah (JPYIDR(Forex)), considering 256 signals with intricate details. Here are the key findings: 98 signals suggested buy strategies, while 55 indicated sell strategies. The remaining 103 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 26
Sell Signals: 8
Neutral Signals: 30
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 31
Sell Signals: 7
Neutral Signals: 26
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 24
Sell Signals: 14
Neutral Signals: 26
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 17
Sell Signals: 26
Neutral Signals: 21
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 98
Sell Signals: 55
Neutral Signals: 103
Result: This strategy leads to a Buy position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Japanese yen With Indonesian rupiah (JPYIDR(Forex)) investments, we highly recommend visiting the "magicalprediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Japanese yen With Indonesian rupiah (JPYIDR(Forex)) on , there seems to be a tendency toward a buy signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and any investment decision should be made carefully. Consider the overall market conditions and how your choices align with your specific investment goals.


Based on the above signals, we recommend the following strategies:

Japanese yen With Indonesian rupiah (JPYIDR(Forex)) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, holding your position may be a good strategy according to our signals. However, always exercise caution and monitor market developments closely.

Japanese yen With Indonesian rupiah (JPYIDR(Forex)) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to choose the optimal time to exit based on our signal combination. If you have a higher risk tolerance, consider waiting for market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it’s advisable to consider the projected price range. This range represents a potential upside of 10.2%, determined by the highest predicted price. However, before deciding to enter a buy position, be cautious and conduct thorough research to ensure it aligns with your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial for managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make more informed decisions regarding your **Japanese yen With Indonesian rupiah (JPYIDR(Forex))** holdings.

Japanese yen With Indonesian rupiah (JPYIDR(Forex)) Price Analysis and Resistance Levels:

Given our current long position in Japanese yen With Indonesian rupiah (JPYIDR(Forex)), analyzing key resistance levels is crucial to better understand its price movement. These levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (109.987): The primary hurdle we face is the 109.987 price level. If the current trend remains unchanged, Japanese yen With Indonesian rupiah (JPYIDR(Forex)) could break above this level, signaling its strength and potential for further growth.

Second resistance level (114.258): If the upward trend continues with significant strength, we may see Japanese yen With Indonesian rupiah (JPYIDR(Forex)) cross the second resistance level at 114.258, indicating a major upside move and a promising direction for our position.

Third resistance level (117.745): For a more comprehensive analysis, consider a scenario where Japanese yen With Indonesian rupiah (JPYIDR(Forex)) not only breaks the second resistance level but holds its price above this mark. If this trend continues in the coming days, Japanese yen With Indonesian rupiah (JPYIDR(Forex)) could potentially reach the third resistance level of 117.745.
It's essential to closely monitor these resistance levels and consider them in the broader context of market trends and indicators. To make informed decisions when trading Japanese yen With Indonesian rupiah (JPYIDR(Forex)), stay alert and continually analyze the market. By focusing on these resistance levels and considering broader market dynamics, you can make smarter trading decisions and adapt to this dynamic market.

Japanese yen With Indonesian rupiah (JPYIDR(Forex)) technical analysis chart

Japanese yen With Indonesian rupiah (JPYIDR(Forex)) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 109.987 114.258 117.745 120.346 --
Support 97.649 94.584 94.062 93.701 92.542
 Japanese yen With Indonesian rupiah (JPYIDR(Forex)) Support and Resistance area (05 Nov)

Japanese yen With Indonesian rupiah (JPYIDR(Forex)) signals list for 05 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Japanese yen With Indonesian rupiah (JPYIDR(Forex)) technical analysis over the past days

# Date Overal Signals ALL Signals
1 04 Nov Buy HoldHoldNeutralNeutral
2 03 Nov Buy BuyBuyNeutralNeutral
3 01 Nov Sell NeutralSellSellHold
4 31 Oct Buy BuyNeutralNeutralNeutral
5 30 Oct Sell SellHoldHoldHold
6 29 Oct Hold NeutralHoldHoldHold
7 28 Oct Hold NeutralHoldHoldHold
8 27 Oct Hold NeutralHoldHoldHold
9 25 Oct Hold NeutralHoldHoldHold
10 24 Oct Hold HoldHoldHoldHold
11 23 Oct Hold HoldHoldHoldHold
12 22 Oct Hold HoldHoldHoldHold
13 21 Oct Hold HoldHoldHoldHold
14 20 Oct Hold HoldHoldHoldHold
15 18 Oct Hold HoldHoldHoldHold
16 17 Oct Hold HoldHoldHoldHold
17 16 Oct Hold HoldHoldHoldHold
18 15 Oct Hold HoldHoldHoldHold
19 14 Oct Hold HoldHoldHoldHold
20 13 Oct Hold HoldHoldHoldHold
21 11 Oct Hold HoldHoldHoldHold
22 10 Oct Hold HoldHoldHoldHold
23 09 Oct Sell SellNeutralHoldHold
24 08 Oct Sell NeutralNeutralSellHold
25 07 Oct Buy BuyBuyNeutralHold
26 06 Oct Sell SellHoldHoldHold
27 04 Oct Hold NeutralHoldHoldHold
28 03 Oct Hold HoldNeutralHoldHold
29 02 Oct Sell SellSellHoldHold
30 01 Oct Buy BuyNeutralHoldHold

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