Hola 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...
USDMXN has broken the major downtrend line with some strength and appears to be making a corrective move at the moment. (possible retest) Now we have to wait how it will react at the Fibonaci levels that converge with the retest of the bearish trendline and with our daily SMMA (Red line), if there is a bullish rejection pattern it could be a good place to open a...
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...
This pair is about to hit major support where it's likely not only to hold but turn and then go on a tear to the upside. The indication is for a +20% run here, from the buy zone, making it well worth the wait - and then a major Buy.
USDMXN going to hit the flip area of monthly TF. now we have sell opportunity we can sell in LTF below then the TL
Predicting a target of 16.86176 based on thorough analysis. Current price at 17.32979, entry at 17.32900. Positive technical and fundamental factors support a bullish outlook.
On Wednesday, the US dollar decreased in value against other major currencies, including the Mexican peso, by over 1%, due to reports of slower than expected US inflation. This suggests that the Federal Reserve may pause its interest rate hikes. According to data from the US Labor Department, inflation in April decreased to 4.9%, which is the lowest year-over-year...
Hello 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...
USDMXN - Another great set up! Within the channel. A break below takes towards 18.65 areas & a break above matches 200 ema area 19. areas Trade Journal
Hello 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...
here is my setup for USDMXN move the SL to BE at the yellow area >>> TP as shown in the chart make sure to trade with SL it will be fast trade good luck
The Mexican peso (MXN) is one of the conventional high-beta currencies traded on the forex market, making it extremely susceptible to changes in risk sentiment on global financial markets. When MXN inflows occur, it usually signals that investors are willing to take risks. In the last three months, USD/MXN has lost 3%, making the peso one of the best-performing...
This looks to be one of those very "safe" plays on the USDMXN this pair has been a consistent money maker on the long side over the past 3years I have been trading. The ADX is in the lower ranges (Indicating that it is not trending), approaching one of 2 very strong supports and the RSI looking good. Look to enter the market at your own discretion but in my...
Waiting for another retest of 19.96417 to long USDMXN back to the 4H Target at 20.21895 If you agree drop alike and if you have any questions drop a comment :)
Lack of sufficient strength in the rise will cause the price to fall.
Waiting for a pullback into 20.22530 or into 20.48773 to short USDMXN back down to swing low target 19.81614. If you agree drop a like and if you have any questions leave a comment below :)
We can easily see that USDMXN pair is under Elliot's correction waves so, no need extra analysis on this chart to know the possible behavior for this pair