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…
18.11.2018 – MEXICAN PESO – F/X STANDBY…
After…
Last Mainstream MXN Big Motives :
FITCH Cut Mexico’s Outlook to Negative
Bank of Mexico Rate Hikes
&
FED & Powell Impulses
with
All MXN Negative Impulses discounted
&
F/X Standby for Next Big Motive & Impuls
still
Against All RISK OFF Odds
MXN activated Dynamic Rising Wave rising…
by
Activated 3 Patterns of 2B
on Key Levels 21.00 ; 20.50 & 20.00 Zones
with
Break Down Psychological Key Level 20.00
N – TIMES…
Most Important is Final Smart Money Reaction…!!!
ATA MIND OVER MARKETS…
ATA MARKET MODEL :
First…Market Motive…
Second…Market Technical Pattern…
First…
ATA from 18.11.2018
” 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
Long Term MXN Picture still didn’t change
( Monthly Chart )
Bear Technical Pattern – 2B & 2B BIS “
Second…
Present MXN Situation
Main Motives
All MXN Negative Impulses discounted
of course with
FED & Powell Impulses…for Now
Long Term MXN Picture
Technical Pattern
Bear Long Term Technical Patterns
First 2B ; Second 2B & 2B BIS
on Key Levels 21.00 ; 20.50 & 20.00 Zones
with
2 Monthly Bear Candlesticks
&
Long Term Invert Ending Diagonal
Lower Part – Support Zone 18.50 Key Level
with
MACD Monthly Sell Signal
of course Key is EOM – January
Middle & Short Term MXN Picture
Strong Wave Down
with
only Bear Candlesticks
&
MACD Weekly Sell Signal
vs
Support Zone 18.50 Key Level
Lower Part of Invert Ending Diagonal
vs
Daily Signals of Stop or Pause MXN Appreciation
in
Key Level 18.80 Zone
Conformation Back > Psychological Level 19.00
but
MACD Daily still Sell Signal
ATA MXN Investment Conclusion
Focus on carefully
Active MXN Range
( 18.50 – 18.80 vs 19 – 19.50 & 20 )
Psychological Key Level 20.00
Past Support Zone – Now Resistance Zone
always remember
MXN is still Main EM CURRENCIES PATHFINDER
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 )
18.01.2019
ATA FINANCIAL RESEARCH 