MEXICAN PESO – USD Global Shot Down Latin FX Effect…

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

 

MXN - 1

 

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

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

18.01.2019

mxn-mmxn-wmxn-d

31.05.2019   (  Start of  American  Session  )

USD-MXN - M

USD-MXN - W

USD-MXN - D

30.08.2019 – EOM 

USD-MXN - M
USD-MXN - WUSD-MXN - D
USD/MXN  Monthly Charts
17.08.2020 – Assian Session 
USD-MXN - M - StockCharts
USD-MXN - M - Fib Ret

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: