Usdmxnforecast
USD/MXN Bank Robbery plan to steal the moneyHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist USD/MXN Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Fed vs. Banxico: USD/MXN forecast The US Federal Reserve (Fed) is set to announce its decision on Wednesday, followed by the Bank of Mexico (Banxico) on Thursday. Forecasts suggest that both central banks will maintain their current interest rates.
Recent indications from Banxico suggest a leaning towards a more accommodative monetary policy. However, Deputy Governor Irene Espinosa has expressed reservations, highlighting the persistence and escalation of inflationary risks.
Analyzing the USD/MXN chart reveals an upward momentum, with the pair converging between the 200-day Simple Moving Average (SMA) and the 50-day SMA at 17.40. The reclaiming of the psychological level of 17.50 could be a crucial factor in confirming this momentum. If the USD/MXN experiences a decline, the 100-day SMA may serve as a noteworthy level before reaching support at 17.00/05.
Economists at Rabobank project USD/MXN to average around 17.20 in the next month. They expect the pair to trade around this level in early 2024 before potentially rising to the 17.80 region by the end of the first quarter.
USDMXN Trading Plan - 27/Mar/2023Hello Traders,
Hope you all are doing good!!
I expect USDMXN to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
USDMXN Trading Plan - 17/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect USDMXN to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
USDMXN NEXT TRADE SETUP(SHORT).As you seen my last week trade setup and our last call on this pair and USDZAR as well, the market almost hit the expected target around 21.5000 area.On the weekly chart market look on a bearish momentum with a possible break of the recent lows in the near future But i should retrace back towards up to maintain its structure(support and resistance) .Price on the daily chart will probably test the daily structure before starting a bounce over it.If the price will break below the structure we will monitor the market for a nice short order.We will consider a long reversal only over the 22.0000 area.
All the entries should be applied if all the rules are applied .
Do comment us below for instance.
USDMXN NEXT TRADE SETUPUSD/MXN rates are testing critical near-term support, which very well could be the determining factor in the predominant trading trend through the end of the year.
While other currencies are benefiting from the US Dollar’s (via the DXY Index) weakness, the reliance the Mexican economy has on the United States has left the Peso struggling relative to other global growth-sensitive currencies.
At the time of publication of this analysis, USDMXN is on 22.2230 and is testing its critical support zone.
We can find good sell entries if it breaks this zone and there is no fake breakout and at point 22.100 we can place our sell entries till next support at 21.49300.
Entries should be placed only if all the rules of entries are applied.
USDMXN | WEEKLY PERSPECTIVE (FOLLOW UP PLAN)It is worthy to state that the Peso continues to ride high on the back of a weaker US dollar. Following my last publication (see link below) on this pair; we have found a complete retracement of AB leg which culminates at 61.8 with a strong tendency to make an extension within 127.2 and 141.4.
Tendency: Downtrend ( Bearish )
Structure: Harmonic (AB = CD)
Observation: i. A complete 61.8 retracement of Impulse AB leads the way to a potential Harmonic move as we eye the AB = CD pattern in the following week(s).
ii. A further Breakdown of my Key level at this juncture might confirm my Bearish view on this pair.
iii. AB = CD pattern as price rallies from a 618 retracement;
a. Impulse A-to-B is expected to be in harmony with the potential B-to-C leg.
b. The B- to-C leg is at 61.8% Fibonacci retracement of the A-to-B leg.
c. The potential C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move.
Trading plan: SELL confirmation with a minimum potential profit of 7,000 pips.
Risk/Reward: 1:2
Potential Duration: 2 to 7 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
NirvanaForex
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
USDMXN | WEEKLY FORECASTPeso follows the step of the Yuan against the Greenback!
Tendency: Downtrend ( Bearish )
Structure: Breakdown | Trendline | Support & Resistance
Observation: i. Price moves below support area @ 22.66000 affirms Breakdown structure with indications that the potential for the price to start trending downward is increasing.
ii. Price trailing the Bullish Trendline in a bid to correct Impulse leg finally breaks Trendline at 22.66000 confirming a change in direction.
iii . The second Breakdown of 22.44000 brings a level of confirmation to our bias as price nose-dives.
Trading plan: SELL confirmation with a minimum potential profit of 15,000 pips.
Risk/Reward: 1:3
Potential Duration: 3 to 10 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Nirvana! Forex
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and NFTI takes no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
NFT&I does not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.