U.S. Dollar/Mexican Peso

USDMXN head and shoulder on weekly chart..

Mexico and the Mexican Peso are the "silent" winner. Europe and European Stockmarkets should be same. Quote: "For President Donald Trump, the collapse on Friday of his first legislative priority, a healthcare reform bill, was an embarrassing loss of face .... It brings into question the neophyte president’s ability to move big-ticket legislation through Congress. ...

To be a powerfull US President Donald Trump need to have full support from U.S. Congress and U.S. Senat over the full next four years. The approval rates right now do not confirm, that Donald Trump is a "powerfull president". The numbers of visitors at the inauguration also left some doubts. Traders need to follow the facts and not political opinions. How ...

Looking for a pullback for shorting opportunity to the next level.

retracement area...........

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.

USDMXN broke the dwontrenline and has been going up for sometimes now, and 800EMA was broken as well in the 4hr time frame, I'm expecting USDMXN to continue with the uptrend and test the resistance at 19.24685.

https://www.tradingview.com/x/tOrnxixp/

USDMXN topped

Short USDMXN. Context: 3 Consecutive Missed Weekly Pivots. Targeting most recent missed weekly pivot at 18.80. Stop above the highs.

Good afternoon everyone so lets look at the usd peso , at the moment I still do see the usd a bit bearish and that is why I feel this market we can see a correction of some sort: If the breaks further lows then I will trade the long once the correction has stopped. I do feel we still have ways to go to higher levels with this pair and am looking forward in ...

USDMXN looking to retrace to the 38.2 Potential cup and handle pattern formation. Watchin for BO

Trend line = Up trend MA 50 = Above MA 50. BB = Riding Band Up. Zone = DZ, wait the price pull back to DZ. Fibonacci Level, wait the price retrace at 23.6% Psychological level = Strong support at 18.8000 Risk per reward = 1:1.5

sell usdmxn at 18.95 with take profit 18.41,stoploss19.28

I expect a drop in the short term.

The US Dollar has appreciated substantially against the Mexican Peso during the past three weeks. The pair managed to reach a five-month high at 18.83 on Tuesday evening. Subsequently, the Greenback edged lower and breached the diminishing trading range apparent since early October. The given currency managed to move below a strong support cluster formed by the ...

NP expects a drop in the short term.

Market has broken previous resistance which is now support. looking for retracement back in to support, then looking for buying opportunity.