MEXICAN PESO vs FITCH WARNING…

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…!!!

 

MXN

 

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

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

2.11.2018

( EOD & EOW ) 

MXN-MMXN-WMXN-D

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