ARGENTINA PESO – F/X HELL IS THE LIMIT…

ARGENTINA PESO   –  Back Today on ATA Research Radar 

 

ATA Continuation of…

15.05.2018  –  ARGENTINA OVER AGAIN…

14.07.2018  –  ARGENTINA PESO – END OF RISK OFF TANGO…

18.08.2018  –  ARGENTINA PESO vs TURKISH & EM F/X RISK OFF FACTORS…

30.08.2018 –  ARGENTINA PESO – F/X GAME for ONE GOAL…

with

ATA Following …

DXY Index & EUR/USD

31.03.2019 –  DXY – F/X MARATHON ELITE…

26.05.2019 – EUR/USD – European Political New Arrangement Risk…

US YIELD 

29.05.2019 –  US 10Y BOND YIELD – Awakening & Run to Safe Haven…

 

 

After …

RISK ON Motive 2018  – IMF – Argentina 50 Billions USD Financial help 

Nothing Changed in Argentina Peso Big Picture 

still dominating

Big RISK OFF Wave 

on

Argentina RISK OFF  Motives 

High Inflation 

Weak Economy  – Recession  ( – 6.2% Y/Y  Q4 2018 ) 

Twin Deficits

Central Bank  Key Leliq Interest Rate above 60 %

vs

OECD Hope Predictions 

Argentina Economy will shrink in 2019, but less than expected

buy Finally

Argentina Peso is still under  Smart Money Negative Pressure…

 

ARGENTINA - 1

 

First…ATA from  30.08.2018

” No Trend Change Pattern 

&

No Positive Motive for Argentina Currency 

USD/ARS – Present Active Support  Zone is  32 & 30 

Present Active Key Levels : 

All Time Max  34.00   ( 29.08.2018 ) 

32.00  –  Half of  Last  Daily Candlestick 

 Psychological Key Level  30

when

WALL STREET  &  EURO  Wake Up  from  Financial  MOON WALKING…

EM RISK OFF Wave  will  accelerate…!!!  

 

 

Second…Present  USD/ARS  Situation 

 

First…Main Motives

Global & US – EU Slowdown  & Recession Risk

FED  vs ECB & BOJ Monetary Policy

&

TRUMP Trade War

Tariffs Trump Key Tweet 

New US Tariffs

New China Tariffs 

&

IRAN – AMERICAN STRIKE RISK

NORTH KOREA RISK Back 

with

Special Argentina Motives

above in this text…

Second…Market Technical  Patterns 

May Monthly Bear Candlestick Pattern – Shooting Star 

&

Two Monthly Candlesticks with Upper Shadows

April Candlestick High  46.51  vs  Close 44.30

May Candlestick High  45.78  vs  Close 44.76

PESO No New Low in May

with

Daily Ending Diagonal Pattern 

vs

USD Strong Support Zone  41.50 

Half of  March Bullish  Candlestick 

&

Top Zone from August – September 2018 

with

Psychological Key Level 40.00

&

Monthly MACD Buy Signal

vs

Weekly MACD near to Active Sell Signal 

Daily MACD  Sell Signal 

of course with

FIB RET   

(  Monthly &  Weekly  Charts )

 

 

USD/ARS  Present Active Range

46.50 – 45   vs   41.50 – 40 

 

ATA  USD/ARS  Investment Conclusion 

Focus carefully Result of  Testing 

Top Key Levels Zone 46.50 –   45

vs

Last Support Zone  41.50

 

 

N – TIMES

Finally …

F/X  Maxim 

Most Important is  Final  Smart Money Reaction….

First…EOD-s 

Second…EOW-s

Final…EOM – Now June 

USD/ARS Long Term Monthly  , Weekly  , Daily  &  Intraday -( H4  )  Charts  :

 

15.05.2018

Your new TVC (3)

13.07.2018

Your new TVC (10)

Your new TVC (11)

Your new TVC (12)

Your new TVC (13)

17.08.2018

USD-ARS-M

USD-ARS-W

USD-ARS-D

USD-ARS-H4

29.08.2018

USD-ARS-M

USD-ARS-W

USD-ARS-D

USD-ARS-H4

USD/ARS Long Term Monthly   Weekly  &  Daily   Charts :

31.05.2019

USD-ARS - M

USD-ARS - W

USD-ARS - D

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a website or blog at WordPress.com

Up ↑

%d bloggers like this: