MXN – Back Today on ATA Research Radar
always remember
MXN is Main EM CURRENCIES PATHFINDER
ATA Continuation of …
2015 – 2016
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
2018
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…
2019
18.01.2019 – MEXICAN PESO on RISK ON WAVE…
31.05.2019 – MEXICAN PESO under Trump Tariffs Strike…
1.09.2019 – MEXICAN PESO – EM F/X RISK OFF Strike …
Present MEXICAN PESO Motives
USD F/X Master EM Currencies Pathfinder Falling Wave
with
Last Pandemic Warning & Panic
vs
Present COVID-19 Vaccines Hopes
Latin America Recovery Hopes
created by Mainstream
with
Banco de México Easing Policy
Latest Rate Cut by 50 basis points to 4.5%
vs
Pandemic Second Wave Fear Strikes Back
vs
Roubini ‘Dr. Doom’ Mega Warning
10-year Depression is coming… investors far too confident about a possible recovery…
with
Afterpandemic New Reality
EUROZONE & US – Global Economy Reopen
European Recovery Scenario Mainstream Projections
FED-BOJ-ECB-BoE-Biggest ever Black Swans
Minsky Moment Flat Money “Printing” System
vs
Coronavirus “Ugly Duckling”-Trigger
First…ATA from 30.08.2019
” USD/MXN Present Active Range
20 vs 21.00 – 22.00
…
Focus carefully on
Psychological Key Level 20.00 Zone ”
Second…Present USD/MXN Situation
USD/MXN LONG TERM ACTION
ATA MIND OVER MARKETS
Charts have No Temperature
Markets Never Wrong vs Often Mistaken
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…
Final…INVEST & TRADE – DON’T FORECAST…
First…Key Motives
above in this text…
Second…Market Technical Patterns
Long Term View
First of All
Activated
First…Bull Action
Inverted 2B – Bull Reversal Pattern
Key Level 18.75
Back above Psychological Key Level 20
with
Skyrocket Move
Test Higher Psychological Key Level 25
( High 25.75 )
vs
Second…Bear Action
2B – Bear Reversal Pattern
Key Level 25.50
Dynamic Shot Down
Present Testing Lower Psychological Key Level 22
Now dominating
Pullback to Wedge Pattern – Upper Edge – Key Level 22
with
MACD Monthly Buy Signal
ATA USD/MXN Present Investment Conclusion
Now dominating
MXN Rising Contraction
from Key Level 25 Zone
to Key Level 22 Zone
Now
Special Focus on
Active Range 22 vs 25
with
All FIB RET Last Big Falling Wave from Low before Lehman
For Now Most Important 23.6% 22 Zone
ATA Wall Street Maximes
MAJOR TOPS WERE ALWAYS CREATED
on
SUPER GOOD NEWS
with
EUPHORY 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
Risk strikes Fast…
Chart is More Important than 1000 Words…
&
Most Important s Final Smart Money Reaction…
EOM – Now August
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
31.05.2019 ( Start of American Session )
30.08.2019 – EOM
