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…
4.10.2018 – MEXICAN PESO – F/X SURPRISE 2.0 after NAFTA 2.0…
After…
Last Mainstream Media MXN Big Motives :
US – MEXICO NEW NAFTA TRADE DEAL
&
Complete US Deal with Mexico & Canada – NAFTA 2.0
Now
Present MXN Motive is FITCH Mexico Rating Strike
Warning & Cut Mexico’s Outlook to Negative
but once again
Against All Odds
MXN – Strong Signal , but NO RISK OFF , no..no..no… RISK ON STRIKE…!!!
N-TIMES…
Most Important is Final Smart Money Reaction on Market Motives…!!!
&
They strike against USD…by buying MXN on the FITCH Warning…
stricte Negative Mexico News…
After Last
Mexico Good News
US – MEXICO TRADE AGREEMENT
US Deal with Mexico & Canada – NAFTA 2.0
&
MXN Strong Wave Down
Now
on Negative Fitch Strike MEXICAN PESO
MXN is rising
ATA MXN Conclusion
Now on MEXICAN PESO dominated RISK ON Invert DEJA VU
stricte
MEXICO TRADE AGREEMENT & NAFTA 2.0 DEJA VU
Present MEXICAN PESO Situation
Present Motive – Fitch Cut Mexico’s Outlook to Negative
but
MXN is dynamic rising
of course
Long term Picture didn’t change
Bear Technical Pattern – 2B & 2B BIS
vs
Bull Technical Pattern – Invert 2B
with
Long Term Invert Ending Diagonal
still Active
(Monthly Chart )
after
Strong October Bull Candlestick
Present November Move
is for Now
Pullback to Psychological Key Level 20
&
MACD Monthly shows Buy Signal
of course Key is EOM – Now November
also
Present Bullish Green Candlestick with Upper Shadow
( Weekly Chart )
&
MACD Weekly Buy Signal
with
Invert 2B Pattern with Key Level 18.60
with
Defense of Key Level 20 Zone
( Daily Chart )
&
MACD Daily Active Buy Signal
shows
USD still Active Dynamic Wave
but with
Correction activated on Fitch Motive
&
Pullback form Last Top 20.47
Test Psychological Key Level 20 Zone
( Friday Close 20.02 )
Present USD/MXN Big Picture View
Focus on
Support Zone is Psychological Key Level 20.00
with
19.30 – 19.50
vs
Resistance Zone – 20.50 – 21 & 22 Key Levels Zone
one more time…
Remember
MXN is still Main EM CURRENCIES PATHFINDER
by the MXN way…
Special Focus on…
EUR/USD – Master Key Level 1.13 ( EOD & EOW )
2.11.2018 – EUR/USD – Against All Odds…Key Pattern Deja Vu…
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 )
2.11.2018
( EOD & EOW )
ATA FINANCIAL RESEARCH 