ATA Continuation of
25.02.2014 – CHINA SYNDROME – Renminbi Shot Down…
14.08.2015 – Chinese Yuan – Chain Reaction…
01.12.2015 – China’s Renminbi – New Reserve Star is Born…
28.12.2015 – US Dollar – Chinese Yuan Fly High…
15.02.2016 – People’s Bank of China in Yuan ContrAction…
26.11.2016 – CHINESE YUAN PRESENT FREE FALL WAVE…but in the FUTURE…
1.07.2018 – YUAN – TRADE WAR CHINA SYNDROME…
11.07.2018 – TRUMP NEW VERBAL TRADE WAR STRIKE – YUAN…
20.07.2018 – YUAN in CURRENCY WAR…
25.07.2018 – New China Stimulus Factor – YUAN…
Latest YUAN F/X Motive – TRUMP – more China Tariffs…!!!
like always…
Most Important is Real Smart Money Reaction…!!!
ATA MIND OVER MARKETS…
ATA MARKET MODEL :
First…Market Motive…
Second…Market Technical Pattern…
Present YUAN Situation
Motive – New TRUMP STRIKE
Technical Pattern :
New USD/CNY HIGH
vs
Compilation of Fib Ret & FIB Ext – Monthly ; Weekly ; Daily & Intraday Charts
Now after TRUMP NEW STRIKE
Most Important Key Levels are..
Short Term View – 6.88
&
Long Term View – 6.96 – 7.00
ATA Investment Conclusion :
HIGH PROBABILITY OF ENDING FALLEN YUAN…!!!
so
Focus on USD/CNY
Move at 6.88 & 6.96 – 7.00 Zones
Now must wait for Clear Technical Pattern in FIB Zones…!!!
USD/CNY Monthly ; Weekly ; Daily & H4 – H5 Charts :
29.06.2018
11.07.2018
20.07.2018
25.07.2018
3.08.2018
ATA FINANCIAL RESEARCH 