MEXICAN PESO – in FX GREEN RHYTHM…

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 …

2020

17.08.2020  MEXICAN PESO – USD Global Shot Down Latin FX Effect…

15.11.2020 – MEXICAN PESO – LATIN BULLS IN FX CORRIDA…

4.12.2020 – MEXICAN PESO – MEXICAN FX RHYTHM…

16.12.2020 – MEXICAN PESO – Something got MXN Started…

2021

21.02.2021 – MEXICAN PESO – Something got MXN Really Started…

Present  MEXICAN PESO Motives

Bank of Mexico May 13-th Meeting

after

Interest Rate Unchanged at 4% – March

Cutting it by 25 basis points – February

and

Mexico Economy 2020 Worst Decline since the Great Depression of the 1930s, shrinking by 8.5%

with

USD FX MASTER TRIGGER

USD F/X  Master EM Currencies Pathfinder

USD BEAR WAVE

DXY Dynamic Fall – Back to Master Psychological Key Level 90 Zone

EM CURRENCIES – MXN BULL STRIKE

and

US & Latin America Trade & Economy Recovery after Pandemic – Locdowns

Mega ” CENTRAL PRINTING “

FED No any Tapering Signals

Biden Stimuls Ecstasy

but with

Virus Mutation – Now special India

vs

COVID Vaccines Global Hope

with

still Active

Clear Risky Motive

Roubini ‘Dr. Doom’ Mega Warning

10-year Depression is coming… investors far too confident about a possible recovery…

vs

COVID-19 Vaccines Hopes 

Global Recovery Hopes 

created by Mainstream

with

Afterpandemic New Reality 

Latin America – US & Global Economy Reopen

K – 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  21.02.2021

” Activated

Intraday H5 Bull Reversal Pattern – Ending Diagonal

Upper Edge Psychological Key Level 20 Zone

( stricte 20.13 ) “

Second…Present  USD/MXN   Situation 

USD/MXN  LONG TERM  ACTION

ATA MIND OVER MARKETS

Charts Worth more than 1000 Words

Charts have No Temperature

Charts always show Reversal Pattern First ex ante

Bullish Bearish Divergences – Hidden Key to Reversal

Markets Never Wrong vs Often Mistaken

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

Invest – Trade vs Don’t Forecast

Secular/Long Term View shows the Truth

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

After Activated

First…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 

Back Inside Wedge Pattern

Fall Under  Master Psychological Key Level 20

Test 38.2% FIB RET – Key Level 19.68

and

Last Bull Contraction from 19.68 to 21.50 Zone ( max 21.53 )

vs

still Falling Monthly MA 8 ( Now 20.37 )

Now dominating

Dynamic MXN Bull Contraction from 30% Fib Ret Zone of Last Bear Wave

First…Back under Psychological Key Levels 21.50 and 21

Second…Back under Lower Psychological Key Level 20

and

MXN Intraday H5 Pattern Inception

New Intraday H5 Pattern H&S Neckline 19.80

after Last Activated

Intraday H5 Bull Reversal Pattern – Ending Diagonal

Upper Edge Psychological Key Level 20 Zone

( stricte 20.13 )

with

Long Term Open Option

New Bear Strike and New Test

Lower Edge Wedge PatternKey Level 19.50 Zone

38.2% FIB RET – Key Level 19.68

and

Bull Reversal Pattern – W – Key Level 19.50 Scenario

vs

still Active

MACD Monthly Sell Signal 

ATA  USD/MXN  Present Investment Conclusion 

Now dominating

MXN Bull Wave

from  Key Level 21.50 Zone

to Present 19.90 Key Level Zone

so

Special Focus on

Active Range  Long Term 19.50 – 19.68 vs 20.00 – 21

ATA FX 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

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

EOM – Now  May

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-M
MXN-W
MXN-D

16.11.2018  ( EOD & EOW ) 

MXN-M
MXN-W
MXN-D

18.01.2019

mxn-m
mxn-w
mxn-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 - W
USD-MXN - D

USD/MXN  Monthly Charts17.08.2020 – Assian Session 

USD-MXN - M - StockCharts
USD-MXN - M - Fib Ret

13.11.2020 – EOD

4.12.2020 – Assian Session – Ending Phase

16.12.2020 – Assian Session End Phase

USD/MXN  Monthly & Intraday H5 Charts

19.02.2021 – EOD

7.05.2021 – EOD

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