YUAN – CHINA STRIKES BACK…

 

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…

3.08.2018   –   YUAN vs TRUMP – more China Tariffs…

 

 

New  YUAN F/X  Motives :

  • The People’s Bank of China decided to adjust the foreign exchange risk reserve ratio of the forward sales business to 20%

&

  • China Releases “Retaliation List” To US Tariffs, Will Levy Tariffs On $60BN In US Goods

 

china-2704112__480-1

 

this time…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 

Motives

The People’s Bank of China Move

&

China Tariffs on US Goods

 

Technical Pattern  :

 USD/CNY  SHOT DOWN  Activated 

Shooting Star Pattern – Monthly ; Weekly  ;  Daily &  Intraday  Charts

&

Ending Diagonal Pattern  Intraday – H5 Chart 

with

Compilation  of  Fib Ret  &  FIB  Ext  –  Monthly ; Weekly  ;  Daily &  Intraday  Charts

 

Now  after  CHINA STRIKE

Most Important  Key Levels  still are..

Short  Term View  –   6.80   vs  6.85 – 6.88  

&   

Long  Term View  –  6.96 – 7.00  

 

ATA  Investment  Conclusion :

STILL  HIGH PROBABILITY  OF  ENDING  FALLEN YUAN…!!!

so

Focus   on   USD/CNY 

Move  at   6.80 – 6.88    &     6.96 – 7.00  Zones

 

Now must wait for

Confirmation of Technical Pattern  in FIB Zones…!!!

 

 

USD/CNY  Monthly ; Weekly ; Daily  &  H4  – H5 Charts :

 

29.06.2018

 

Your new TVC (25)

 

Your new TVC (26)

 

Your new TVC (27)

 

Your new TVC (28)

 

Your new TVC (29)

 

11.07.2018

 

Your new TVC

 

Your new TVC (1)

 

Your new TVC (2)

 

Your new TVC (3)

 

Your new TVC (4)

 

20.07.2018

 

Your new TVC (14)

 

Your new TVC (15)

 

Your new TVC (16)

 

Your new TVC (17)

 

25.07.2018

 

Your new TVC (3)

 

Your new TVC (4)

 

Your new TVC (5)

 

Your new TVC (6)

 

Your new TVC (7)

 

3.08.2018

Your new TVC

 

Your new TVC (1)

 

Your new TVC (2)

 

Your new TVC (3)

 

Your new TVC (4)

 

3.08.2018 ( EOD )

Your new TVC (5)

 

Your new TVC (6)

 

Your new TVC (7)

 

Your new TVC (8)

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