EURMXN trade ideas

chotaeco Pro

We are bellow a resistance, I need to confirm a signal that indicate me to enter. I'll sell, no more than 2/1 1/1 -> Stop 0

ZigDzaks

Demand in 4 hr timeframe have been failed, eurmxn go down

KinelaKePula

Because of the USA CPI all the Major currency and cross currency will make good movement. The pair will sell today

baxti776

The price will go down. Head and shoulders. after head and shoulders the price should go down.

Thanhld93 Premium

EURMXN created new supply zone, so Short bias Tell me what do you think?

SonsCapital

There is a falling wedge pattern already formed. There is a very high probability of the pair breaking to the upside. It is safe to take a trade after a breakout and a retest.

TradeLive- Pro

First Entry at Pivot Point 20.011. Second Entry at 19.943.

TradeLive- Pro

Expect EURMXN to decrease 7453.4 units. Price closed below 20.05545. Watch for bearish price action signals.

TradeLive- Pro

Expect price to reach 20.10470.

Smilq

Looking forward to price bouncing from support. RR is tangible. Over 20x.

TradeLive- Pro

Price pulled back to the horizontal support level, EMA 10 support level, and EMA 20 support level. Enter a market execution order and buy limit order.

Chrismike

Possible scenario for this pair. Price is likely to reverse from that white horizontal line since its 38.2 fibbo retracement.

UnknownUnicorn35780991

EURMXN LONG - Buy Entry - H4 Chart Buy @ Market Symbol: EURMXN Timeframe: H4 Type: BUY Entry Price: Buy @ Market TP - Resistance @ 23.01639 TP - Resistance @ 23.17314 H4 Support @ 22.78063

ForexAnalytix Premium

Usually I am a buyer of descending (or falling) wedges when we reach support as I typically would be looking for an eventual breakout higher. However, this time may be different. The reason why is as we are hitting support, the pair is also trading below the long term 61.8% Fibonacci retracement of the February 2020 lows (pre covid) to the April 2020 highs (post...

UnknownUnicorn5418842

EURMXN LONG - Buy Entry - D1 Chart Symbol: EURMXN Timeframe: D1 Type: BUY Entry Price: Buy @ Market Stop Loss: 23.34243 Take Profit: 23.99506 🔺 DISCLAIMER 🔺 For educational informational purposes only. 🔺 Analysis may change at any time without notice. 🔺 You must research and create your own trading plan.

PD_Capital Updated 

EURMXN seems to be attempting a retest of the downtrend after it latest attempt to break out of the wedge. There is a history of false breaks over the last 3 years, but when it goes it really goes. Stochastics look a bit oversold in the s/t so the downtrend might hold this time and fuel a move higher.

ForexAnalytix Premium

$EURMXN is making higher lows in a descending wedge which is typically a reversal setup (higher in this case). There is a strong inverse relationship with risk assets (SPX in this case) so a move above 24.1700 would be a very bullish event.

danielpikho72

i cant be asked to type. u see the chart.fjsfowfowsaebcws