USD MXN SHORT20 is strong resistance while 18.5 is strong support . It should hover inbetween this for atleast 2024 EOY.
USDMXN - Ready to Blast Again ? Last week, I took long position in UDMXN at 16.66000 & Closed at 16.92500
Closed that position in more that $5000 profit in just 2-3 days.
My long setup is formed again in USDMXN
Taking long positions here at CMP 16.67000
My SL would be 16.62000
Target I'm expecting is 17.00000
Disclaimer
USDMXN - Sharp Upmove Possible?Currency Pair - USDMXN
I am seeing a good trading opportunity in USDMXN.
Taking long positions here at CMP 16.66200
My SL would be 16.60000
Target I'm expecting is 17.00000
That's 1:7 RR trade.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my tra
USD Mxn downside move possibleUSD Mxn downside move possible
Selling below the 17.09922
Stoploss 17.29033
Target 19.71755
USD Mxn upside move possibleUSD Mxn upside move possible
Buying above the 17.44193
Stoploss 16.59577
18.88326
Why the Mexican Peso Surged Against the USD?Why the Mexican Peso Surged Against the USD?
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. Accordin
forex trading this is forex analsyis don't trade on this. this is a chart of forex trading i am beginer so don't trading on this tips
USDMXN AnalysisSetup Contains:
1. Stop Hunt (Buy Side Liquidity)
2. Structural Shift (Bullish)
3. Multi-Layer Confirmations
4. Expecting Return to Orderblock
5. Targeting Discount POI
FOLLOW PAFX & TRADE LIKE BANKS 💸
USDMXN TRADE IDEAUSDMXN
I have the believe that USD may continue falling for few days or weeks, may be 2, this is just because of uncertainty. However tomorrow's CPI may really change the game.
We can consider selling USDMXN today or tomorrow after the candle closure, so that we can eye the strong support level 19
USDMXN AnalysisSetup Contains:
1. Stop Hunt (Sell Side Liquidity)
2. Multiple Bullish Structural Break
3. Expecting Return to Premium POI
FOLLOW PAFX & TRADE LIKE BANKS 💸
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 20.09628 MXN — it has decreased by −0.51% 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 0.84%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDMXN showed a −0.46% fall over the past week, the month change is a −1.96% fall, and over the last year it has increased by 16.91%. 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 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 buy signal, and 1 month rating is buy. See more of USDMXN technicals for a more comprehensive analysis.