usdmxnbreakout

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Dukascopy Dukascopy PRO USDMXN, 60,
USDMXN: USD/MXN 1H Chart: Trades near weekly S2
71 0 2
USDMXN, 60
USD/MXN 1H Chart: Trades near weekly S2

USD/MXN 1H Chart: Trades near weekly S2 The American Dollar has been losing value against the Mexican Peso in a small descending channel over the last two weeks. However, two days ago this pattern started to transform into the falling wedge formation amid the pressure from 55- and 100-hour SMAs. As downside momentum from the yesterday’s FOMC Meeting Minutes ...

auroraspot auroraspot USDMXN, D, Short ,
USDMXN: USDMXN Short Trade on Daily Chart
100 0 4
USDMXN, D Short
USDMXN Short Trade on Daily Chart

A short trade on USD/MXN pair initiated today. The trade is a long term position, which have the characteristics of carry trade (giving interest of about 4.5% y/y for keeping it) and very favorable risk reward of 1.51.

UzumaruKizuki UzumaruKizuki USDMXN, 240, Short ,
USDMXN: Short if Success Break the Trendline
71 0 2
USDMXN, 240 Short
Short if Success Break the Trendline

FX_IDC:USDMXN

FXNATION FXNATION PRO USDMXN, 360, Long ,
USDMXN: USDMXN
78 0 4
USDMXN, 360 Long
USDMXN

We are looking for this pair to break through and create a HH and go to 21.30000 area this could be multi day trade

FXNATION FXNATION PRO USDMXN, 240, Long ,
USDMXN: USDMXN
43 0 4
USDMXN, 240 Long
USDMXN

Watch for breakout of USDMXN at 20.70000...

patogarcia912 patogarcia912 USDMXN, 240, Short ,
USDMXN: USDMXN broke uptrend, might possibly go down after a re-test.
26 0 0
USDMXN, 240 Short
USDMXN broke uptrend, might possibly go down after a re-test.

Well, what do we have here? I'm seeing a 4-hour-chart based uptrend already broken, this pair is going down I think, but first it has to re-test that trendline, let's see what happens. Any comments?

patogarcia912 patogarcia912 USDMXN, 240, Short ,
USDMXN: USDMXN broke uptrend, might possibly go down after a re-test.
30 0 1
USDMXN, 240 Short
USDMXN broke uptrend, might possibly go down after a re-test.

Well, what do we have here? I'm seeing a 4-hour-chart based uptrend already broken, this pair is going down I think, but first it has to re-test that trendline, let's see what happens. Any comments? PS: I'm really ashamed, I used the word 'breaked' instead 'broke' hahaha my bad.

jcds jcds USDMXN, 240, Short ,
USDMXN: USDMXN Short
41 0 5
USDMXN, 240 Short
USDMXN Short

USDMXN broke the Daily support in 18/18.2 area. I setup a trade with an EP at 18.04 SL at 18.2 TP at 17.65

asiansupermarket asiansupermarket USDMXN, 60,
USDMXN: USDMXN 1hr 1mo descending wedge breakout
56 0 3
USDMXN, 60
USDMXN 1hr 1mo descending wedge breakout

A short side breakout will be a sharp drop; long side will be a slow grind higher. Range is tightening as shown by the clumping moving averages.

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