Price has stayed within the channel and has not broken out above or below - price appears to indicate a slight pull back before heading back to higher territory. Could possibly breach below 132 before end of week.
Ford needs to turn around business and it isn't looking favorable for 2020. Tesla still has a several year head start and with recent bullish TSLA trend, F, only takes a hit. F is still within the downward channel. Taking into the current models available and global status, I expect Ford to continue a toward trend into 2021. It will take time before Ford's...
Peso has steadily trended down. There are signs of possible reversal in trend and signs of trending up. DXY is now at levels not seen since early-mid October. RSI is following the trend line up. We now have a higher low as indicated by the small support lines. MACD is showing signs of trending upwards. Any additional pain may cause Peso to drop lower and test...
Since December, the Peso has trended downwards. Currently, it appears the rate of loss has stabilized and now looking to find the proper opportunity to start trending up.
Looking at RSI, is should stay above the base line drawn.
Confirmation with MACD to follow upward trend.
Make sure to look at DXY for correlation same goes with EWW.
Peso has pulled back and currently at recent channel between ~$19.30 - ~$19.55. RSI shows overbought conditions and MACD confirms recent drop. If you see DXY it is at a recent support and more than likely start to trend up causing Peso to rise. Keep close eye on RSI MACD and DXY for confirmation signals
Peso is getting ready to test recent highs for the 3rd time, you'll notice the red arrows signal where resistance is and ultimately pull back. I am thinking the Peso will pull back from resistance. RSI is also showing over bought conditions
After a quick spike the peso has leveled off. I am thinking the peso will range between ~19.20 - ~ 19.35 for remainder of week. Expect spikes with any trade news - thanksgiving holiday will also cause price fluctuations
RSI was over bought when peso spiked up and RSI fell to over sold when peso normalized
Peso has steadily trended down and I believe it has reached a good support level. I believe in the short term the Peso will climb back up to test recent resistance ~19.50. RSI also shows favorable conditions for an upward trend in price.
It is appearing that the Peso will maintain the trend line but stay within the ~19.50 - ~19.80 channel. RSI is showing possible lower drop but eventually heading back up. If trade talks do not go well, expect Peso to test recent highs and shoot higher in the short term. Shaded zone represents time from now to Oct 15 when tariffs kick in. Also take into account...