USD/IDR : US Dollar / Indonesian Rupiah

The overall recommendation is Buy based on technical indicators and moving averages. The price is really close to or below the lower band which means it's oversold. An RSI between 30 and 70 is pretty normal, showing a neutral rating. The MACD line is below the signal line pointing to a bearish trend. The 10-day EMA is above the 20-day EMA which suggests short-term strength. The current price is above the 50-day SMA which is a sign of medium-term strength. The 50-day SMA is above the 200-day SMA, supporting a longer-term positive trend. The ATR is 39.71 which gives a sense of the current price volatility.

MUFG Research forecasts USD/IDR at 15,890 by year-end 2025, citing resilient domestic economic fundamentals and macro policy support. Barclays anticipates USD/IDR at 16,600-16,900 over one year, citing fiscal uncertainty and central bank independence concerns. Bank Mandiri research indicates continued depreciation into early 2025 due to global economic uncertainty. DBS Group Research expects USD/IDR above 16,000 in the first half of 2025 before recovering in the second half. MUFG Bank projects USD/IDR at 15,350 in three months and 15,000 in twelve months, expecting the rupiah to benefit from lower US yields and a weaker dollar.