USDMXN Longer term Study

FX:USDMXN   U.S. Dollar / Mexican Peso
64 0 3
I am just beginning a study into the USDMXN             , I have stayed away from these more volatile pairs for a little while however the technicals are beginning to look quite good.
The pair is approaching a break of trend-line on the daily chart having completed a bearish engulfing candlestick on the weekly.
The MACD indicator has turned lower and is quite close to zero, it has been positive since aug 2014 suggesting a medium term trend may becoming to an end.
The point and figure charts are not yet issuing sell signals, I will continue to watch for the next few weeks to see how the situation develops.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out