SELL 1.37400 | STOP 1.38200 | TAKE 1.36400 | After consolidation around the medium-term highs, a corrective downward movement is likely and price consolidation under the level of 1.37000.
BUY 18.8700 | STOP 18.8100 | TAKE 18.9500 | The Bank of Mexico will probably not increase interest rates in the coming months. we expect the pair to resume its growth towards the level of 19.0000.
BUY 0.80000 | STOP 0.79600 | TAKE 0.80600 | We observe the beginning of the rollback of the franc dominance in this pair. Technically, RSI divergence has formed around the global price low. We expect a corrective upward price movement.
SELL 36.6000 | STOP 37.0000 | TAKE 36.2000 | Probable downward price movement in the local structure of the upper range near the level of 37.0000.
BUY 0.58600 | STOP 0.58200 | TAKE 0.59200 | Upward price movement.
SELL 1.16950 | STOP 1.17400 | TAKE 1.16400 | Corrective downward movement.
BUY 17.7400 | STOP 17.64000 | TAKE 17.8700 | Corrective upward price movement from stong support level.
SELL 1.35900 | STOP 1.36500 | TAKE 1.35000 | Price movement in the range of the medium-term ascending channel.
SELL 1.16100 | STOP 1.16600 | TAKE 1.15400 | Double top pattern (H4) and strong resistance range. The price is expected to decline and consolidate below the level of 1.16100.
SELL 180.400 | STOP 181.200 | TAKE 179.400 | Local downward price movement.
SELL 1.86950 | STOP 1.87400 | TAKE 1.86350 | Itraday corrective downward price movement.
BUY 0.59070 | STOP 0.58800 | TAKE 0.59380 | Corrective upward price movement within the medium-term descending channel.
BUY 19.1500 | STOP 18.7500 | TAKE 19.7000 | The Bank of Mexico is expected to continue its rate easing cycle next week, despite recent reports on Mexican inflation suggesting risks are skewed to the upside. Inflation in May exceeded the bank's 3% target, raising concerns that the central bank will continue to cut rates. From a technical perspective, the price is...
SELL 180.400 | STOP 181.100 | TAKE 179.330 | The overbought zone in RSI. The historical high of the price.
BUY 2180.00 | STOP 2000.00 | TAKE 2386.00 | Upward price movement.
SELL 1.58200 | STOP 1.58750 | TAKE 1.57450 | Downward price movement.
SELL 35.1500 | STOP 37.1500 | TAKE 34.5500 | Expect a corrective downward price movement within an ascending channel with some dollar strength this week.
BUY 1.36800 | STOP 1.36000 | TAKE 1.37800 | Technically, a local upward reversal pattern and divergence is forming.