Mexican Peso -16/4/2024For the 1st time im noticing the peso is following the S&P500, far as the Peso goes it had 16 weeks of commercial market shorting the currency.
we may be holding this trade for another week or two.
Contract highlights
Mexican Peso - 16/4/2024Mexican Peso, 16 weeks of short positions compiled for the Peso. This data was gathered by the use of the COT report
even with economic growth alongside interest rates which is a positive for the peso. I do believe in the short term peso is over extended.
Mexican Peso 4/11/2023Interesting price rejection after CPI numbers came out, Peso has not been this high since 2016, 2017. major commercial and non commercial contracts are loading up on the Sell side, price action must confirm.
Mexico’s Manufacturing Boom Lifted Peso to 5-Year HighCME: USD/Mexican Peso ( CME:6M1! )
What’s the strongest currency in 2023? Hint: Not the US dollar.
• Although dollar index has rallied nearly 6% in the past two months, it gained just 2.1 points, or +1.9%, year-to-date, to settle at 105.583 as of September 22, 2023.
• British Pound futures ( SEED_T
USDMXN | Elliott, COT, VOLUME | SHORTTechnically and fundamentally, the fall of USDMXN is expected
1) Futures volume remains high (for MXNUSD futures )
2) Large speculators close short and open long (for MXNUSD futures )
3) Open interest grow (for MXNUSD futures )
4) Fibo level 0.382 from wave 3 almost reached
5) Need one wave down fo
6M analysisHello my friends
the analysis of this market shows that there is a very high probability that in the coming days will experience an uptrend for more information please contact me on
youssef.lyazidi5@gmail.com
6M! forming Ascending Triangle, sign of accumulationMarket Structure:
- 6M has been in consolidation since late of March, and currently it is forming Ascending Triangle pattern in low and high Timeframe
- Ascending Triangle with higher Lows and same Highs at 0.0421, which is bullish pattern
- 6M has plunge 28.6% from the High, with now trading at rec
I recommend buying but you have to wait for the right timeI recommend buying but you have to wait for the right time
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
6MM2024
Mexican Peso Futures (Jun 2024)6MN2024
Mexican Peso Futures (Jul 2024)6MQ2024
Mexican Peso Futures (Aug 2024)6MU2024
Mexican Peso Futures (Sep 2024)6MV2024
Mexican Peso Futures (Oct 2024)6MX2024
Mexican Peso Futures (Nov 2024)6MZ2024
Mexican Peso Futures (Dec 2024)6MF2025
Mexican Peso Futures (Jan 2025)6MG2025
Mexican Peso Futures (Feb 2025)6MH2025
Mexican Peso Futures (Mar 2025)6MJ2025
Mexican Peso Futures (Apr 2025)Explore more contracts
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Frequently Asked Questions
The current price of Mexican Peso Futures (Jun 2024) is 0.05375 USD — it has fallen 0.63% in the past 24 hours. Watch Mexican Peso Futures (Jun 2024) price in more detail on the chart.
The volume of Mexican Peso Futures (Jun 2024) is 254.00. Track more important stats on the Mexican Peso Futures (Jun 2024) chart.
The nearest expiration date for Mexican Peso Futures (Jun 2024) is Jun 17, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Mexican Peso Futures (Jun 2024) before Jun 17, 2024.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Mexican Peso Futures (Jun 2024) this number is 101.21 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Mexican Peso Futures (Jun 2024) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Mexican Peso Futures (Jun 2024). Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Mexican Peso Futures (Jun 2024) technicals for a more comprehensive analysis.