USDMXN Surpasses 100-SMA – Eyes FVG Break for UptrendUSDMXN eyes 20.37 resistance; a close above could signal an uptrend resuming towards 20.58, backed by the 78.6% Fibonacci level.
Article: fxnews.me
USDMXNI am looking for bearish idea on USDMXN, going for the monthly AOL, before deciding on the next move
USDMXN at do/die levelIntraday Update: The USDMXN is testing flag support and the previous breakout point at 20.2500.
USD/MXN: Trump fears meet Banxico decision The USD/MXN should be an interesting pair to watch in the coming days.
October’s headline inflation in Mexico ticked up after two months of declines, yet analysts expect Banxico to proceed with a 25-basis-point rate cut this week regardless.
Last week’s volatile trading saw USD/MXN reach 20.80,
USDMXN POSSIBLE SHORT TRADE IDEAOn the monthly charts, we have a bullish trend that has been flipped. A change of character on the monthly chart indicates bearish orderflow setting. Currently, the dollar is gaining strength against major pairs, the Peso is no exception. The bullish resurgence of the dollar against the Peso seems t
Mexican peso basis risk on the euro-USD(€-$)Basis risk helps us gauge the liquidity of the differential in the currencies. Here, we see the basis mostly positive for the euro minus the US dollar traded in pesos.
USDMXN | 06.11.2024SELL 20.70000 | STOP 21.05000 | TAKE 20.35000 | The US elections and the preliminary victory of the Republican Party will have a significant impact on the Mexican Peso due to the expected tight policies going forward. At the moment, we expect a correction and fixation of some volumes on the market s
USDMXN - Trump Sleeper Trade (100k+ Trade) With Trump projected to claim the White House after preliminary votes are in, all eyes turn to Mexico.
Trump has been an outspoken opponent of the "Border Crisis" and the loss of jobs to nearshored workers.
Trump has threatened Mexico with tariffs on both fronts and is projected to have the House
The Mexican Peso Reborn: A Respite in the Storm
Friday was an exciting day for the Mexican peso! The local currency recovered ground after a month full of ups and downs, closing the day at $20.109 MXN per dollar. This advance was driven by a weakened dollar, which lost strength against the world's major currencies. Compared to the previous close
USDMXN / LONG / M15USDMXN may rise from the Bullish Order Block
Bullish Order Block: 19.99965 and 19.96672
USDMXN has the potential to rise from this bullish order block, with a high probability of our trade ending in profits. I've used Smart Money Concepts (SMC) to analyze the charts and confirm this level. Let's s
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of USDMXN is 20.34345 MXN — it has increased by 0.08% in the past 24 hours. See more of USDMXN rate dynamics on the detailed chart.
The value of the USDMXN pair is quoted as 1 USD per x MXN. For example, if the pair is trading at 1.50, it means it takes 1.5 MXN to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDMXN has the volatility rating of 0.54%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDMXN showed a −1.05% fall over the past week, the month change is a 1.57% rise, and over the last year it has increased by 18.33%. Track live rate changes on the USDMXN chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDMXN right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDMXN technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDMXN shows the buy signal, and 1 month rating is buy. See more of USDMXN technicals for a more comprehensive analysis.