U.S. Dollar / Mexican Peso

FXCM

USDMXN

GTR19

USDMXN is my biggest win since March. In March I made more than 50,000pips (BUY). last week(SELL) the market hit my TP1 with a 200% return on my account and T2 is underway, as of now I'm up 18,000pips for TP2. checkout my previous analysis for a better understanding on my USDMXN positions.

Forex_Monster

Price bouncing from the resistance of channel

Steban8511

Well, This Chart, we're gonna get a nice TP, we are arriving to the most important fibo zone, take the best zone and get a nice TP and few ST... 15.000 pips you get on rebout of 61.8 of fibo

smartfxinvestor

LONG MOVE

bitcoinalexis

I'm sure, the green candle we just saw, is a pump, on twitter the hashtag "dollar" became a trend in Mexico. + the publication of banxico on your twitter account this favored the price to increase. let's see the green volume is as high as the previous candles. and the price fell again i'm sure this pattern will repeat itself. At last we are one step away from...

Forrestmars

Hello everyone, this week our scaling in trades did not work out. However no need to get discouraged because there is still plenty of money to be made. From a Weekly perspective the market created a nice M formation and is near the Weekly resistance level from Jan 2017 Also we have beautiful confluence of the fibonacci 0.50 and 0.618 levels. Our target is the...

Dwane45

studing

tysmJesus

It’s a clear bear set up that the USDMXN is heading to support level of (18.500). As seen on the DAILY TF the price has broken the 20MA AND 50MA and has set the tone for a downward trend to lows of $18. In My Opinion I am DEFINITELY going SHORT on this one. Since the price had broken an area of volume forming a medium term downtrend.

steve7558

trade idea

GLorenG

Nice breakout, want to see a retest for a big short.

PriceActionTradervsa

BULLISH Deep Crab@1.902XA For SCALPING If price Breaks Red Trend line is where EXIT before SL hits price need to follow Green Trend line & hit target POTENTIAL BUY

Dougie_dee

Daily perspective. broke trendline

06:04

transparent-fx

Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.

Barnman

watch for retracement and reversal to the upside -> potential target $30

Wave-Trader

Hi there, USDMXN is forming new low. Time to watch price action for reversal. Watch lower time frame for 15 minutes impulse and buy and add once you see corrections. Good Luck

e_dollazz

Price recently broke out of channel, expecting price to reach 22.11 as this market looks very bearish at the moment. Short position was taking at 23.00, will be looking to add to my position.

RomanZachary

Strength of USD versus currencies of EU, Japan, China, India, Russia, Mexico, Brasil, Saudi Arabia, Turkey, South Korea. There had been a cosmic demand for dollar but as COVID hit USA from April 6 we saw a breakdown. Now we are at major support, on the monthly balance point, from which a push up is likely but not guaranteed. The area between CAMS1 and CAMR1 is...

Binahtrading2

The weekly close well under 23.20, leaves USD/MXN to more losses or to a consolidation period at lower levels. Main support levels are seen at 22.45/50 and 22.00/21.95. On the upside, now the area around 23.20 is a critical resistance followed by 23.55.