YUAN – China FX Bulls Offensive…

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…

8.04.2020 –  YUAN – FX LOCKDOWN…

3.06.2020 –  YUAN – TIME for CHINA FX STRIKE…

 

YUAN  Present Main Motives

USD F/X  Master EM Currencies Pathfinder Falling Wave 

with

Last Pandemic Warning & Panic 

vs

Present COVID-19 Vaccines Hopes 

China – Asian Recovery Hopes 

created by Mainstream

with

PBoC Easing Wave 

The one-year loan prime LPR rate cut to 3.85% from 4.05%

five-year LPR  cut to 4.65% from 4.75%.

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 

China – ASIA – US – EUROZONE  – Global Economy Reopen

Recovery Scenario Mainstream Projections 

 

FED-BOJ-ECB-BoE-Biggest ever Black Swans

Minsky Moment Flat Money “Printing” System

vs

Coronavirus “Ugly Duckling”-Trigger

 

YUAN - 12

 

First…ATA from  3.06.2020

ATA  Investment  Conclusion 

Dominating

2 Main Bear Reversal Patterns – M  &  2B 

with

Present  USD/CNY Active Range 

7.10 –  7.15-7.18     ”

 

Second…Present  YUAN  Situation 

YUAN   LONG TERM  SITUATION 

ATA MARKET MODEL  IN 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

Now dominating

Active

2 Main Bear Reversal Patterns – M  &  2B 

Pattern Inception 

M – Key Level  7.18 

2B – Key Level  7.15

with

Bear Wave 

Back under Psychological Key Level 7.00

Testing Lower 6.90 

&

August Bear Monthly Candlestick 

with

MACD Monthly Sell Signal 

 

ATA  Investment  Conclusion 

still Dominating

2 Main Bear Reversal Patterns – M  &  2B 

with

Present  USD/CNY Active Range 

6.90 –  7.00

so

special focus on

Next  FX  Smart Moeny Move 

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…EOM – Now August

 

USD/CNY  Monthly ; Weekly ; Daily  &  H4  – H5 Charts

30.09.2019 – EOM 

USD-CNY - M

USD-CNY - W

USD-CNY - D

USD-CNY - H5

5.11.2019 – EOD

USD-CNY - MUSD-CNY - W

USD-CNY - D

USD-CNY - H5

17.01.2020 – ( End Phase Asia Session ) 

USD-CNY - M

USD-CNY - W

USD-CNY - D

USD-CNY - H5

USD/CNH  Daily  &  H5 Charts

29.01.2020 ( After End US Session ) 

USD-CNH - D

USD-CNH - H5

USD/CNY  Monthly ; Weekly ; Daily  &  H5 Charts

8.04.2030 – ( before Start US Session )

USD-CNY - M

USD-CNY - W

USD-CNY - D

USD-CNY - H5

USD/CNY Monthly Charts

3.06.2020 – End of Asian Session 

USD-CNY - M

26.08.2020 – Asian Session 

USD-CNY - M

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