USD/MXN Downtrend Probing Support AgainTechnical outlook:
Trend: The pair remains locked in a downward channel since late April, with price respecting both the upper and lower boundaries. This confirms a well-defined bearish structure.
Resistance: The upper channel line and the 50-day SMA (18.75) converge as a strong cap. Above that, t
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USDMXN: Short TriggerHello fellow traders,
today I share the UsdMxn chart in which we have a new Short trigger signal from LuBot.
The signal appears on the daily timeframe and is a very good trigger for the following reasons:
1. Red candles: the short structure returns bearish in favor of the main trend.
2. Downswing
USD PESO- Support, Fib and other reasons LONGHello fellow traders!
Good news! good NEWS GOOOOOOD News for USA! here is the idea- support holding hence going for the 19.10-19.11 level of resistance Aldo the drop of the price seen well on a weekly/monthly chart hit the 0.5 fibs normally being reaction level and with a new trades and America is
USD/MXN Defends Rebound from July LowUSD/MXN seems to be defending the rebound from the July low (18.5116) as it attempts to retrace the decline from earlier this week.
A breach above 18.7780 (50% Fibonacci retracement) may push USD/MXN toward the monthly high (18.9810), with a move/close above 19.3720 (38.2% Fibonacci retracement) op
USD/MXN: The Mexican Peso Starts a New Bullish Bias During the latest trading session, the Mexican peso has started to appreciate by nearly 1%, supported by short-term weakness in the U.S. dollar. For now, bearish pressure has begun to dominate the pair, mainly because the dollar is under pressure following signs that the Federal Reserve may consider
USD/MXN Bounces Back Ahead of August 2024 LowUSD/MXN appears to be bouncing back ahead of the August 2024 low (18.4291) as it extends the advance from the July low (18.5116), with the exchange rate trading above the 50-Day SMA (18.8993) for the first time since April.
USD/MXN trades to a fresh weekly high (18.9810) following the failed attemp
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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.
Frequently Asked Questions
The current rate of USDMXN is 18.74026 MXN — it has increased by 0.27% in the past 24 hours. See more of USDMXN rate dynamics on the detailed chart.
The value of the USDMXN pair is quoted as 1 USD per x MXN. For example, if the pair is trading at 1.50, it means it takes 1.5 MXN to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDMXN has the volatility rating of 0.32%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDMXN showed a 0.47% rise over the past week, the month change is a −0.64% fall, and over the last year it has decreased by −5.34%. Track live rate changes on the USDMXN 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 USDMXN 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 USDMXN 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 USDMXN shows the sell signal, and 1 month rating is sell. See more of USDMXN technicals for a more comprehensive analysis.