ATA Continuation of…
16.06.2018 – DXY – MASTER KEY TO ALL EM DOORS…
&
17.06.2018 – DXY – EM Currency Side of American Dollar…
Last week DXY Dynamic Shot Up
was
the Key F/X Trigger of EM Currencies SELL OFF Wave…
after almost 2 Months ( 16 – 17.06.2018 )
DXY Active Wave Up & EM Currencies Wave Down…!!!
like always we can use
ATA MIND OVER MARKETS
ATA MARKET MODEL :
First…Market Motive…
Second…Market Technical Pattern…
Present DXY Situation
Motive – EUROZONE BANKS – TURKEY SUPERNOVA
TRY – TURKISH F/X SUPERNOVA EXPLOSION…
&
Technical Patterns (Weekly Chart ) :
BULLISH CANDLESTICK
activated Move above
KEY MOVING AVERAGES & Last Highs with FIB RET ( 44% & 50% )
vs
Next FIB RET Zone ( 0.564% – 0.618% )
Present EM CURRENCIES Situation
MSCI EM CURRENCIES INDEX
drops under FIB RET ( 38.2% ) & 09-10.2017 LOWS
vs
FIB RET 44% – 50% still Active
&
CEW – EM CURRENCY ETF presents this same Picture…
ATA Investment Conclusion
DXY vs MSCI EM CURRENCIES INDEX & CEW – EM CURRENCY ETF
– TURKISH GAME CHANGER
Dynamic DXY WAVE UP made by Smart Money
Now
DXY – 2 MASTER KEY LEVELS : 95.21 & 95.00 are Support Zone
vs
Dynamic EM Currencies WAVE DOWN made by Smart Money
Monday Session shows the F/X TRUTH when & where PANIC ENDS…!!!
Remember
First must be the Clear Motive :
IMF & ECB make Rescue Plan
or
US Pastor will be Free
Change Turkish Language…
or
CHINA helps ERDOGAN…
DXY Weekly & EM CURRENCY INDEX & ETF Charts :
17.06.2018
10.08.2018
ATA FINANCIAL RESEARCH 