USDMXN
Tradtional market analysis 1 (Metals + Forex)Gold, Silver, USDMXN, USDZAR, USDTRY, EURUSD
Talking about Central bank action, state of economies, the USD shortage and all the technical around it
Peso Mexicano directo a los $30 USDMX El peso Mexicano parece estar formando un limpio ABC alcista que se activara superando el 38,2%($25,5) y de ahi directo a los $30 que sera una resistencia dura de romper.
USDMXN-- Weekly Market Outlook from 06 to 10 April 2020Follow me for more update and Analysis.
What You Get:
- Weekly Market Analysis using my strategy.
- Results of our tried, tested and proven Strategies
- Latest and greatest news and content from the Forex World
Never Trade alone
we really hope you enjoy the All analysis
thank you
USDMXN ShortLooking at Weekly time frame we can see that we have three wicks that have formed indicating a strong resistance level. the price has been going up for a while now and by switching to the 4H TF we can see that it have failed to form a Higher high. adding to that the priceline will be reaching 24.6000 resistance level and that's where I will place my short. trade at your own risk and happy trading.
USDMXN SHORT TRADEUSDMXN based below HVN and key level around 23.68000
price rejected from 38.2% fibo level
price below SMA 100
MACD shows start of bearish momentum
RSI broke uptrend line
price forming AB=CD pattern
so its expect bearish movement to pattern target at 224% fibo and support level around 21.50000
then to demand zone around 19.50000
USD MXN SELL (US DOLLAR - MEXICAN PESO)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
USDMXNHi all,
we have two important support zone,
we offer that wait for watch price reaction,
also my idea that usdmxn is bullish!
USDMXN | BUY | TRADING PLANI will buy from the lower border of the channel and move the stop to breakeven
USD / MXN ! Bullish dumpUSD / MXN was one of the biggest devaluations in these days
Price should retrace to the 21.5-22.2 level and then continue the bullish trend
USDMXN Trading Plan SELL - Riks Reward 1:3 & 1:2.5USDMXN Trading Plan SELL - Riks Reward 1:3 & 1:2.5
Lets See If USDMXN Is Going To TurnUSDMXN is hitting its channel trend line, this shot up like crazy, lets see what the market wil do
El peso, momento criticoEstamos en un momento Historico, pero aun mas critico para nuestro peso. Con EEUU encontrando una cura y mexico apenas entendiendo que estamos en una situacion de emergencia, podriamos ver el peso sobrepasar los 25 y ver los 28-30 pesos por dolar. Por el momento a encontrado resistencia en un a linea de tendencia en los 25 pesos, veamos que pasa,
USD/MXN Short ideaWe have a nice upwards channel with some big wicks pushing to the upside, as we have reached the top we can see a double top starting to form. Upon this double top forming we can see it has bounced straight off and closed below a separate trend line within our channel which to me is a sure sell signal.
I Have structured my zones of interest of where i believe price has the ability to bounce and consolidate but eventually coming down to the 61.8 which confluences with where one of my zones is placed. This fib line is around my TP zone of 21.000
We have three confluences in our favor for this short trade...given the current climate state anything can happen but i believe America hasn't seen it's true impact of corona virus yet upon which I see a weak dollar in the near future.
Good R:R but please trade at your own risk!.
