ATA Continuation…
ex ante & chronological
6.08.2015 – MXN , ZAR & RUB – THIS IS HOW SMART MONEY DO IT…
12.12.2015 – ZAR…MXN & RUB ON CURRENCY FIRE – FED DEJA VU…
21.05.2016 – DXY vs EM CURRENCY – JUNE ( JULY ) MARKET FIGHTING ROUND…
7.08.2016 – EMERGING MARKETS STRIKE BACK…
13.11.2016 – TRUMP ERA – MEXICAN PESO – KEY EM CURRENCY PATHFINDER
&
14.07.2018 – MEXICAN PESO – KEY EM CURRENCY PATHFINDER DEJA VU…
18.08.2018 – MEXICAN PESO FULL FIGHT with TURKISH & EM F/X RISKS…
27.08.2018 – MEXICAN PESO vs NAFTA TRADE AGREEMENT…
29.08.2018 – MEXICAN PESO – F/X SURPRISE after US – MEXICO TRADE DEAL…
After…
Last Mainstream Media Big Motives :
US – MEXICO NEW NAFTA TRADE DEAL
&
Complete US Deal with Mexico & Canada – NAFTA 2.0
MXN – Strong Signal , but NO RISK ON , no..no..no… RISK OFF STRIKE…!!!
N-TIMES…
Most Important is Final Smart Money Reaction on Market Motives…!!!
&
They strike against MXN…by buying USD on the New NAFTA 2.0 Super News…
After Last US – MEXICO TRADE AGREEMENT
29.09.2018 – MEXICAN PESO – F/X SURPRISE after US – MEXICO TRADE DEAL…
we can see on USD/MXN
MEXICAN PESO RISK OFF DEJA VU
Present MEXICAN PESO Situation
Present Motive – NAFTA 2.0
USD/MXN Strong & Dynamic RISK OFF Wave…
of course
Long Term Bearish Technical Pattern – 2B & 2B BIS – still Active
(Monthly Chart )
but
Long Term Invert Ending Diagonal also still Active (Monthly Chart )
so
after
September Red Candlestick
Present October Monthly Candlestick is Green
&
MACD Monthly is so close to Entering Buy Signal
of course Key is EOM
also
Present Bullish Green Candlestick with Lower Shadow ( Weekly Chart )
MACD Weekly is also preparing to Buy Signal
with
Invert 2B Pattern with Key Level 18.60 ( Daily Chart )
with
Bullish Engulfing ( Daily Chart )
&
MACD Daily Active Buy Signal
shows
USD Dynamic Wave
after
USD Buying Process at Support Zone with Key Level 18.50
that
Activated Invert 2B Daily Pattern
that determines
USD/MXN Back again above Key Level 19.00
Present Big Picture View
Resistance Zone is 19.30 – 19.50 & Psychological Key Level 20.00
vs
Support Zone – 18.50 – 18.60
Focus on
Next Days ( EOD ) with Present Week ( EOW ) & of course October ( EOM )
one more time…
Remember
MXN is still Main EM CURRENCIES PATHFINDER
Don’t Forget
NAFTA 2.0 is DONE
but
EM DEBT & STRONG USD are still Active
supported
by
FED , ITALY & US YIELD
29.09.2018 – EUR/USD BLACK CLOUDS after FED & ITALY MOTIVES…
29.09.2018 – ITALIAN RISK BOOMERANG…
15.09.2018 – US 10Y BOND YIELD – Strategic Attack on Psychological 3%…
by the MXN way…
Special Focus on…
EUR/USD – Master Key Level 1.15 ( EOD & EOW )
ATA MXN Present Investment Conclusion
MXN Real Reaction against Last Mainstream Media NAFTA 2.0 Euphory
is
MEXICAN WARNING for others EM CURRENCY
p.s.
Remember EOD & EOW…
USD/MXN Monthly , Weekly & Daily Charts :
13.11.2016
13.07.2018
17.08.2018
27.08.2018
( First Phase of American Session )
29.08.2018
( First Phase of European Session )
4.10.2018
( First Phase of American Session )
ATA FINANCIAL RESEARCH 