IDX Market Analysis for June 22, 2026

[OveFinance]

IDX Market Analysis for June 22, 2026​

Last week, the Dollar Index determined its direction following the FOMC meeting. We failed to break below the 1/2 margin level and reversed exactly at that zone.

Currently, several margin levels are converging slightly higher, establishing a strong resistance area. Therefore, if this level is reached, it may be worth considering long positions on major currency pairs as a corrective play.

Europe must stand united before Trump
Enrico Letta, former Prime Minister of Italy and Dean of the IE School of Politics, Economics and Global Affairs, emphasizes the necessity of European unity in the face of a potential Donald Trump presidency. Letta argues that only a cohesive and resolute Europe will be capable of defending its interests and values within the shifting global landscape.

 

[OveFinance]

US Dollar Index Analysis for June 23, 2026​

The US Dollar Index continues to follow the established scenario, moving toward the target margin zone.

 

[OveFinance]

IDX Market Analysis for June 23, 2026​

The index is currently approaching the designated margin zones.

 

[ForexFlash]

Where do the dollar index's margin data come from? I couldn't find them on CME, and there's no dollar index at all

 

[OveFinance]

Where do the dollar index's margin data come from? I couldn't find them on CME, and there's no dollar index at all

Exactly, the dollar index isn't traded on the CME, so we don't have data from the Chicago Mercantile Exchange. We pull the data from ICE instead.