USDMXNThe Mexican peso has broken out of the range buildup to the downside. We're looking for a way to neutralize all that liquidity below and now make a small purchase above. Use small lots because it's an expensive pair to trade.
Related currencies
Peso resilience tested ahead of Banxico decision USD/MXN has staged a rebound after sliding to multi-week lows near 18.20. On the daily chart, price bounced off the lower Bollinger Band and is now testing the 18.40–18.45 zone.
This area also aligns with the upper boundary of the short-term descending channel that has guided the selloff through S
USD/MXN Breaking Down - Where Next?The chart shows USD/MXN (daily timeframe) under steady bearish pressure, extending its decline inside a well-defined descending channel. Here’s the breakdown:
Trend & Structure: Price has been moving lower since the peak near 21.00 earlier this year. It is now trading below both the 50-day SMA (18.
Mexican Peso VS US Dollar - Fight against the Emerging marketsTriple Top has formed on USD/MXN.
Price<20 and 200MA
Target 17.55
If you look at the last analysis I did on the USD/ZAR (South African Rand) you'll see there is weakness to come for the USD still.
And with this currency, it shows a similar move.
There are further reasons for the MExican Peso
USD/MXN Analysis (330 words) The current movement of USD/MXN isUSD/MXN Analysis (330 words)
The current movement of USD/MXN is defined by a fierce contest between global monetary policy and Mexico's unique domestic strengths. **Broad USD strength** serves as the core upward catalyst, as persistent market expectations for delayed Federal Reserve rate cuts conti
USD/MXN Faces Another Key Support ZoneOver the last three sessions, the USD/MXN pair has posted a depreciation of around 0.8%, with selling pressure remaining in favor of the Mexican peso. This move is mainly driven by speculation around the upcoming release of U.S. inflation (CPI) data, scheduled for tomorrow. Markets are looking to co
USD/MXN Extends Decline Within Downward ChannelUSD/MXN continues to trade inside a well-defined descending channel that has contained price action since mid-April. The pair recently bounced from the lower boundary of the channel near 18.20, but remains capped by resistance around the 50-day SMA (18.63). The broader structure remains bearish as t
USD/MXN Analysis – 4H SetupOverall direction on the daily and weekly charts remains bearish, with the pair still in a broader downtrend. However, on the 4H timeframe we now have a potential bullish confirmation at key support areas.
📍 Setup Idea
Price has tested and respected support zones around 18.30 – 18.38.
Bullish rea
See all ideas
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 18.34566 MXN — it has decreased by −0.02% 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 0.24%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDMXN showed a 0.34% rise over the past week, the month change is a −1.18% fall, and over the last year it has decreased by −5.54%. 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 sell 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 strong sell signal, and 1 month rating is sell. See more of USDMXN technicals for a more comprehensive analysis.