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…
4.11.2018 – MEXICAN PESO vs FITCH WARNING…
After…
Last Mainstream Media MXN Big Motives :
FITCH Cut Mexico’s Outlook to Negative
vs
Bank of Mexico Rate Hikes
still
Against All RISK OFF Odds
MXN correction rising…not falling…
other words
F/X Standby for Next Big Motive & Impuls
N-TIMES…
Most Important is Final Smart Money Reaction on Market Motives…!!!
&
They still strike against USD…by buying MXN after FITCH Warning…
on
Present USD DOLLAR Wave Down…
Remember
After Last Mexico Good News
US – MEXICO TRADE AGREEMENT
US Deal with Mexico & Canada – NAFTA 2.0
MXN was falling
vs
After Last Mexico Bad News – Fitch Strike
MXN was rising
Present MEXICAN PESO Situation
Present Motive – F/X STANDY…
Long Term MXN Picture still didn’t change
( Monthly Chart )
Bear Technical Pattern – 2B & 2B BIS
vs
Bull Technical Pattern – Invert 2B
with
Long Term Invert Ending Diagonal
still Active
after
Strong October Bull Candlestick
Present November Move
is still for Now
Pullback to Psychological Key Level 20
&
MACD Monthly Buy Signal
of course Key is EOM – November
but
Middle & Short Term MXN Picture was changing
( Weekly Chart )
3 Candlesticks with Long Upper Shadows
Last Shooting Star
vs
MACD Weekly Buy Signal
&
Invert 2B Pattern with Key Level 18.60
( Daily Chart )
2B Active Pattern in Key Zone 20.50
with
MACD Daily Sell Signal
vs
still Active Defense of Key Level 20 Zone
ATA MXN Investment Conclusion
still carefully Focus on
Active MXN Range
( 22-21 & 20.50 vs 20 – 19.50-30 )
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…
Never Forget
MXN is still Main EM CURRENCIES PATHFINDER
by the MXN way…
all time Special Focus on…
EUR/USD – Master Key Level 1.13
( EOD & EOW )
2.11.2018 – EUR/USD – Against All Odds…Key Pattern Deja Vu…
&
US 10Y BOND YIELD
18.11.2018 – US 10Y BOND YIELD – TACTICAL SAFE BACK…
with
US & GLOBAL STOCK MARKET
13.11.2018 – NASDAQ – TECH PRESSURE…
13.11.2018 – GLOBAL DOW INDEX – RISK OFF Wave…
13.11.2018 – MSCI WORLD ex USA Index – Dynamic Shot Down…
&
F/X SAFE HAVEN
15.11.2018 – SWISS FRANC – NO NEW RISK OFF SIGNS…
17.11.2018 – YEN – NONE NEW HARD JAPAN STRIKE…
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 )
16.11.2018
( EOD & EOW )
ATA FINANCIAL RESEARCH 