MEXICAN PESO – F/X SURPRISE 2.0 after NAFTA 2.0…

 

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…!!!

 

NAFTA 2.0

 

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

USDMXN-M13

USDMXN-W13

USDMXN-D13

13.07.2018

USDMXN-M13'

USDMXN-W13'

USDMXN-D13'

17.08.2018

USD-MXN - M

USD-MXN - W

USD-MXN - D

27.08.2018

(   First Phase of American  Session  )

MXN-M

MXN-W

MXN-D

29.08.2018

(   First Phase of  European  Session  )

MXN-M

MXN-W

MXN-D

4.10.2018

(   First Phase of  American  Session  )

MXN-M

MXN-W

MXN-D

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