Real-Time Algorithmic Trading Signals. Stay curious
My first analysis on this pair, anticipating more movement to the downside.
Hello Fellow Traders Just a quick explanation. Price already broke Invalidation Level which is Wave 1 A more bearish trend will be form until complete Wave 5 FX:USDMXN
DXY falls bellow MA50, during the asiatic session. XAUUSD & XAGUSD appreciating. Gilead can now supply remdesivir to any hospitalized patient in the U.S. and will be able to satisfy global demand by the end of October. Next Level for DXY is 92.80
Hello traders US dollar is getting stronger against "peso mexicano" after the 7 month decline the started April 6 2020. On September 22 2020 price broke above "7 month bearish trendline" indicating buyers are under control. This in my Wave count
USDMXN IS CURRENTLY IN AN UPTREND..I PROJECT PRICE TO GO BACK UP TO RESISTANCE ZONE!
Hello Fellow Traders. Just a quick analysis. USDMXN already broken the trendline at H4. Wait for retest. My buying zone is based on Fibonacci Retracement 38% till 50% Please like my post and comment below. Thanks FX:USDMXN
USD_MXN BROKE OUT OF RESISTANCE. LONG ON PULLBACK (1) The pair is generally in the downtrend (2) But a support formed (3) Together with breakout, its a long (4) A retracement of a strong downward movement on higher timeframe ___________________________________________ LIKE and SUBSCRIBE for QUALITY
Hello Fellow Traders Yesterday we had seen that the price break our invalidation level and continue to lower box zone. For price to go bullish, we need price to breakout the upper invalidation level FX:USDMXN
Hello Fellow Traders USDMXN has reached 61.8% Fibonacci Retirement for Timeframe H4. I forecast that the price will make a sideway. For the price to confirm uptrend, it must break the Wave 2 & Wave 4 trendline. This will signify the last Wave 5 before going short. Maybe during US Presidential Election we can see that USD weaken.
Hi Fellow Traders Here is an update for USDMXN. My prediction is that the price is now forming Subwave 4 for Wave C before Bullish comes in. For safe trade, please wait the price to enter the selling zone or wait the price at buying zone for buying opportunity Note: If You found it useful to your analysis, i'll be glad to receive some donation. Thank you
We have a short set up for the USD/MXN as the dollars safe-haven demand is reduced as equity markets rebound higher. The Widening of interest rate differentials since the FED pegged rates near Zero, makes the U.S dollar the perfect Funding currency to purchase the Mexican Peso that an attractive investment currency.
Hi Fellow Traders, Today USDMXN show a promising move which can completing Wave C for Higher TF. For low risk entry please wait for " Buying Zone". If price breaking Invalidation Level, it will create a new impulsive move towards downtrend My projection is that the USD will rally strong until US Presidential Election so I'm expecting that USDMXN will be bullish...