YUAN – Back Today on ATA Research Radar
ATA Continuation of…
2019 – Lasts
1.10.2019 – YUAN – 70-th Anniversary of the People’s Republic of China in Trade War Shadow…
5.11.2019 – YUAN – CHINA BULL CONTRACTION to MASTER 7.00…
2020
17.01.2020 – YUAN – US – China Trade Deal ‘Phase One’ Signed & China No “Currency Manipulator” Strikes…
29.01.2020 – YUAN Offshore – US Dollar Bull Reversal Pattern Activated before Coronavirus Fear Main Strike…
YUAN Present Main Motives
Global Coronavirus Pandemic – still High Risk
Wuhan Exodus Extreme Risk
&
Coronavirus Second Wave Risk
Lockdown Ends – Starts Risk
with
Global Slowdown or Recession Extreme High Risk
FED-BOJ-ECB-BoE & PBoC -Biggest ever Black Swan
Minsky Moment Flat Money “Printing” System
vs
Coronavirus “Ugly Duckling”-Trigger
&
FED “Central Printing Projection”
Balance Sheet Skyrocket Rising Future Move
Japanification in Global Central Action
BOJ Mega Easing Process
Goldman Sachs Japan Economy Warning
Japan Economy Q2 Shrink 25%
with
YUAN Moves
vs
USD – Very Strong Main Global Currency
US Factors for YUAN
Bernanke RISK OFF Verbal Strike
No V-Shaped US Recovery
Trump signed CARES Act-2.2 Trillion USD
&
FED Atlanta Bostic “More&More” Strike
More for US Economy Financial System if needed
Mnuchin US Macro “Wonder” Strike
5% GDP-EOY 2020 Realistic
FED Powell New Central “More&More” Strike
Policy Room for More Action
Central Banks-Hazard ALL IN
FED Mega Easing BAZOOKA Strike – QE No Limits
US Government Stimulus Packet
with
Bernanke “Now No Great Depression” Strike
FED Bullard “Boom” Strike
after short term Shock US Economy will Boom again
Kudlow RISK ON Verbal Strike
US likely V-shaped Recovery in Summer vs Present 10-15% Contraction
vs
FED Bullard US Economy Götterdämmerung Scenario
US Q2 GDP -50% & Unemployment Rate 30%
Goldman Sachs US Coronavirus-driven Recession Strike
Goldman “Apocalypse” Strike
Expectation Record 24% Crash US Q2 GDP
Mnuchin US Jobless Warning
Coronavirus could Yield 20% Jobless Rate without Action
Morgan Stanley Base Case – Global Recession
ATA Conclusion
Wall Street Factor for YUAN
still High Probability
of
2000 Year DOT.COM Bubble Burst DEJA VU Scenario
or even
1929 Great Depression
with
Guggenheim “PONZI SCHEME” Collapse Warning
Central Banks driven ‘Ponzi Scheme’ must Collapse
Tech Bubble High Risk
GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK
First…
YUAN
ATA from 17.01.2020
” After
First…
70-th Anniversary of the People’s Republic of China
China F/X Break – No Sessions in China
&
No Back above Key level 7.15
with
Activated
Daily & H5 Bear Reversal Pattern
2B Pattern – Key Level 7.1480
&
Falling Wave
with
Break Down
Psychological Key Level 7.00
Invert H&S Neckline – 6.96
&
Cancel
August Bull Monthly Candlestick
Close
Weekly Bull Gap
Now dominating
Falling Wave
with
almost Cancel
Last Daily Rising Wave
Lows Key Levels 6.83 – 6.85 Zone ”
YUAN Offshore
ATA from 29.01.2020
“USD/CNH
Daily View
Bull Reversal Pattern
Ending Diagonal
Now dominating
Fighting in Upper Edge Zone
Ending Diagonal
Key Level 6.97
&
Psychological Key Level 7.00 Zone
with
MACD Daily Buy Signal ”
&
ATA Last CHINA YUAN Tweet
Second…
Present YUAN Situation
YUAN LONG TERM SITUATION
ATA MARKET MODEL IN LONG TERM ACTION
ATA MIND OVER MARKETS
Hope is Not a Strategy
Follow the Trendlines Not the Headlines
Failed Signal is the Strongest Signal
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
First…Key Motives
above in this text…
Second…Market Technical Patterns
USD/CNY
After Activated
January Monthly Bull Reversal Pattern
Hammer Candlestick
Long Lower Shadow
Dynamic Back above Psychological Key Level 7.00
vs
March & April Monthly Candlesticks – Upper Shadows
with
Last 3 Weeks Test Key Level 7.13 Zone – No Test 7.15 Zone
3 Weekly Candlesticks with upper Shadows
&
Daily Inverted Ending Diagonal Pattern
Upper Edge – 7.14 vs Lower Edge 6.98
Now dominating
Bear Limited Contraction
&
Test Lower Psychological Key Level 7.05
with
Weekly & Daily Bear Candlesticks
&
Monthly Daily H5 MACD Sell Signals
vs
Weekly MACD Buy Signal
ATA Investment Conclusion
Dominating
FX Lockdown
Present USD/CNY Active Range
7.00-7.05 vs 7.10 – 7.13-7.15
so
Focus on
FIB RET Last Wave Up
( Weekly Chart )
&
Research
New Pattern Classical & Candlestick
&
Key Signal – Move Out of the Range
&
Entering New Bull or Bear Wave
of course with
New Coronavirus News
vs
Next China – Global Macro Strikes
&
Central Banks FED-ECB-BOJ -PBoC & Governments Strikes
ATA Maximes
MAJOR TOPS WERE ALWAYS CREATED on SUPER GOOD NEWS
with
EUPHORY PHASE …!!!
vs
MAJOR BOTTOMS WERE ALWAYS CREATED
on
SUPER NEGATIVE NEWS
with
PANIC PHASE
Market Trend always changed when Mainstream Media created
One Slogan ” No Chance for Change “…
that’s why
Charts show you Reversal Pattern First ex ante…!!!
N – TIMES
Finally …
F/X & Metals Maximes
Risk strikes Fast…
Chart is More Important than 1000 Words…
Most Important is Final Smart Money Reaction….
First…EOD-s
Second…EOW-s
Final…EOM – Now April
USD/CNY Monthly ; Weekly ; Daily & H4 – H5 Charts :
30.09.2019 – EOM
5.11.2019 – EOD
17.01.2020 – ( End Phase Asia Session )
USD/CNH Daily & H5 Charts :
29.01.2020 ( After End US Session )
USD/CNY Monthly ; Weekly ; Daily & H5 Charts :
8.04.2030 – ( before Start US Session )
