MEXICAN PESO – F/X STANDBY…

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 

 

USDMXN-blog

 

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

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

16.11.2018

( EOD & EOW ) 

MXN-MMXN-WMXN-D

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