In today's video I will look into a detail analysis of USDMXN, which is doing quite well compared to the strong USD Index. So my assumption is that when USd index will hit resistance, possibly after the 10 year US notes completed the current fifht wave up, the USDMXN can easily break through the support and will be targeting Feb 2020 pandemic low. Crude oil is...
Nice spike sold into. Planning to compound down near 12 cents now and accumulate shares
The Mexican Peso is gaining strength against the Yen as a recovery in global growth in 2021, reduces the demand for the safe-haven Yen and increases the demand for the Mexican peso. We look at why the Japanese Yen is a safe haven currency of choice, alongside Interest rate differentials that will play a key rol in the outlook for gains in the peso. I give...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for USDMXN, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Just my idea on a way Mexico could have got around the effects of the tariffs by monetizing the Libertad.
This is a 6H chart of the DAX. Markets globally are heading south. Even the super-resilient Brazilian Bovespa is beginning to buckle. In this screencast I show what the price action is like for the DAX and why I think the market is exhausting. I may well be totally wrong - but I'll limit how wrong I am with an acceptable stop-loss. Three main issues plague the...