short position on EurMxnreacting to trendline and on a key level ,we are suggesting entering short toward fibo level
RR>3
let's see what will market reaction
buy limit position on EURMXNif the pair could go further down ,there would be a good opportunity for a buy limit position upon reaction to fibo 76.4%
RR>5 is for this position if could activated
lets see the result
eurmxn is bearish for a whilea price action pattern depicted on the chart
we are noticing that price tried several times for breaking upward its level but failed and left a pattern with a temporary pullback before its unseccessful failing upward leg
after failing to break the level it started going south toward 76.4% fibo leve
EurMxn is bullish above the levelthe pair is trying to break up the level ,if this would be successful we will enter long for the previous top
please share your comments if you find it interesting
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EURMXN Long on regression breakEURMXN has broken the downtrend over the holiday period.
May need more time to develop a trend as volumes will return today.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of EURMXN is 22.46340 MXN — it has increased by 0.070% in the past 24 hours. See more of EURMXN rate dynamics on the detailed chart.
The value of the EURMXN pair is quoted as 1 EUR per x MXN. For example, if the pair is trading at 1.50, it means it takes 1.5 MXN to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURMXN has the volatility rating of 0.49%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURMXN showed a −2.26% fall over the past week, the month change is a 2.71% rise, and over the last year it has increased by 24.08%. Track live rate changes on the EURMXN 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 EURMXN 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 EURMXN technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURMXN shows the buy signal, and 1 month rating is buy. See more of EURMXN technicals for a more comprehensive analysis.