USD/MXN Outlook Mired by Failure to Test Yearly HighUSD/MXN is under pressure following the failed attempt to test the yearly high (21.2943).
USD/MXN snaps the range bound price action from last week, and a move/close below the 19.8990 (38.2% Fibonacci retracement) to 20.0120 (38.2% Fibonacci extension) zone may lead to a test of the monthly low (19
USD/MXN Rebound Stalls Ahead of March HighThe recent rebound in USD/MXN appears to be stalling ahead of the March high (20.9997) as it fails to extend the series of higher highs and lows carried over from last week.
In turn, USD/MXN may consolidate over the coming days as it holds below the weekly high (20.5430), and a close below 20.3200
Banxico Cuts Rates Aggressively In line with market expectations, the Bank of Mexico unanimously decided to implement another consecutive rate cut during its March 2025 monetary policy meeting. The 50-basis-point reduction brought the policy rate down to 9.00%, marking a forceful continuation of the monetary normalization cycle, o
Mexican Peso Under PressureThe Mexican peso has posted three consecutive sessions of losses against the U.S. dollar, signaling a marked erosion in investor confidence. Particularly striking is the fact that this decline has occurred even as the dollar trades in negative territory on Thursday, highlighting the inherent weaknes
USD/MXN Remains Neutral Around the 20 Pesos per Dollar ZoneOver the past two trading sessions, USD/MXN has maintained a steady neutral movement, showing barely 1% total variation in price. This growing neutral bias has persisted as the market continues to await how a potential trade war could affect the Mexican peso. Recent comments from President Trump s
USD/MXN opportunityThe USD/MXN stabilizes at a price of 19.80/20.
A reduction in this zone can be an opportunity to position it for the store and connect it to the main resistance zone above 21.50.
It is obvious that we will be attentive to the various announcements of customs duties which could significantly change
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of USDMXN is 19.96839 MXN — it has decreased by −0.50% 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 0.92%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDMXN showed a −4.04% fall over the past week, the month change is a 0.20% rise, and over the last year it has increased by 19.50%. 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 strong sell 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 neutral signal, and 1 month rating is buy. See more of USDMXN technicals for a more comprehensive analysis.