MXN 1W Forecast 22 Aug so we have seen rejection on our 161.8 and you know what that means now we go down to 4H and trade shorts till a reversal is indicated as it approaches our 100.00 Shortby Bekiumuzi_Dube112
USDMXN IDEAMy long term outlook for this pair. Since it’s broken the trend line, I’m expecting it to be bullish till the area of 21.57000. by Charles-OW0
USDMXN IDEAPrice broke support, came back to retest the new resistance and seems to be selling off.by Charles-OW0
💡 USD/MXN To the moon? Hi traders. Given USD strength the past couple days This USD pair looks to be the most interesting if it can play out this could be an explosive move higher. On the other hand if it breaks back below it would also be a nice short trade. Keep in mind the risk off sentiment in the markets as it will play a key role.Longby GuardianFX449
USDMXN IDEA Possible W pattern on the 4H timeframe. If the resistance holds, then a possibility of a sell off could be near.by Charles-OW1
Long USDMXN1st Target 20.9 2nd target 21.5 3rd target 23 After completing a 1,2,3,4,5 structure and and A,B,C pattern. Its time to more upsideLongby richardbrotherUpdated 113
USDMXNIts trying to hit and cross 50% of FIB Retracement level along with first HH and HL has already been made. Mentioned levels to be followed strictly. by MilestoneInvestments1
US Doller & Mexican Peso US Doller & Mexican Peso Reversal Trend and sideways if the trend breaks and closes above the trend line then change the Resistance. Resistance 1 = 20.10164, Resistance 2 = 20.39239 Support = 19.80976by attiqpk21
Peso popular!Continuation into support and made an ascending triangle RIDE THE WAVE UP!!!Longby ZODOGHOUSE1
USDMXN Saw a head & shoulder pattern, so I’ve closed my sell trade and opened a buy position.Longby Charles-OW0
USDMXN One done, on to the next. Order placed for a possible head & shoulder.Shortby Charles-OWUpdated 0
USDMXN BUY- IPO - Order block Expecting price to grab liquidity and retouch the order block to go higher with a RR of 5. by cashtaker1
USDMXN top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis. 04:26by ForexWizard01222
USDMXNIt has stopped making Higher highs and have formed multiple lower highs and lower lows along with broke certain past session levels.Shortby MilestoneInvestments0
USDMXN Channelling Higher, Targeting 20.23Trend Analysis The main view of this trade idea is on the 2-Hour Chart. The FX Cross USDMXN is channeling higher and is currently and the lower end of the support channel around 20.05. Expectations are for support to hold and the FX Cross rally towards the upper end of the trend channel at around 20.23, 0.81% away. If this upward price movement breaks down, a stop loss should be set at around 20. Technical Indicators The short (25-MA) and medium (75-MA) fractal moving averages indicates a change in trend in USDMXN, supporting the short term bullish view. Currently USDMXN is trading above these respective moving averages and there has been a bullish crossover on them, with the short term fractal moving average crossing above the medium term fractal moving average. Recommendation The recommendation will be to go long at market. Stop loss will be set around the 20.00 price level and a target of 20.23. This produces a risk-reward ratio of 2.50. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in USDMXN . Longby Ceddy86Updated 1
usdmxnmacd looks bullish mxn near breakout, some momentum and it goes break outside, structure, i think we will see peso at 21 soonLongby Todopoderoso2
USDMXN IDEAThe support on the daily is holding pretty well. If it keeps holding then I think it will break out to the upside.by Charles-OW0
USDMXN Potential Long off 15M AOI returning to 1H SZAssociated price action has been playing around this area for a bit. Looking for price to do a Fake Out (FO) to the south and then the true movement to the north. We may not see any movement until later within today's NY Session.Longby alldyn_pip_king2
USDMXNLong Call Bullish Reversal Higher high and Higher low formation formed Hammer Three white crows Bullish Engulfing Candle Above candles @ 4Hr resistance line Trend line @ 4 Hr Candles Entry Above previous Higher High @ break point Stop loss Below Lower low 2 Stage Target Setting Take Entry - 19.904 Stop Loss - 19.796 1 TP - 50% - 20.010 = Entry - Stop Loss 2 TP - 50% - Trailing Stop LossLongby Rabeekhatlani223
USDMXN position longuePossible retournement sur USDMXN, cassure de canal baissier + retest + bougie de confirmation + divergence rsi en 15 min. Possible impulsion en daily.by NadiaTherese110