Who loves Tacos al Pastor? In this video, I want to share with you two technical views I have on this exotic currency; the Mexican peso FX:USDMXN Remember, my critical fundamental view is based on the $5bn Tesla is about to invest in the new Nuevo Leon, Monterrey Gigafactory. Above All and All in All: God Bless America...! J.R. Jaén Risk Disclaimer: 1️⃣Past...
HI people welcome to Team Decrypters We are Bearish on Both pairs ( GBPJPY & USD MXN ) Both should give Decent selling opportunity and could be Trade of week
The latest data from the United Kingdom show that the number of people employed in the British labor market has increased by 65,000, higher than the expected 52,000, and the unemployment rate remains at 3.7%.But the pace of wage growth has slowed, which is good news for the Bank of England.Because the central bank is seeking to control inflation, this is another...
Every path we take in life is a kind of understanding. Along the way, we will encounter many people, and happiness is finding a warm person to spend a lifetime with. For relationships, perhaps the further away, the longer lasting they can be. In life, there are many things that we obtain and then forget. Ultimately, what accompanies us to the end of our memories...
USDMXN tested previous lows and got rejected. It may have formed the start of a double bottom a will likely bounce back up. Exit at 2nd supply zone.
We can easily see that the waterfall will continue to descend from heaven. Mexican president said a few months ago that he will take mxn/usd to $16.
USDMXN long call Trend reversal is spotted and confirmed, as on hourly chart it has already stopped making new lows and made new higher lows. Hence it can be good to ride in phases. EP: Current Price SL: 18.32051 TP1: 18.51147 RRR: 1.25 TP2: 18.64540
USDMXN reversal about to happen. Exit at 6th supply zone
-Price inside monthly/weekly/ daily demand -Price broke 4hr downward trend lines + removed opposing pivot point supply + DBR demand created -Wait for pull back into demand.
This is one of the pairs that I enjoy charting. When UsdMxn has the right amount of momentum, you can really see this pair perform well. We are watching this pair for a potential upside move. Does it have the ability to push up from here? *This is not considered financial advice. This is for educational purposes only. Thank you for your positive rating and feel...
USDMXN - Another great set up! Within the channel. A break below takes towards 18.65 areas & a break above matches 200 ema area 19. areas Trade Journal
Hello Traders, Hope you all are doing good!! I expect USDMXN to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Hi people welcome to team Decrypters we are Expecting this week Reversal on USDMXN pair , its on v key level and if we combined this with our previous Analysis of DXY and VIX .The USD pairs should move upside
Hello Traders, Hope you all are doing good!! I expect USDMXN to go Up after finishing the 4H correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Hello Traders, Hope you all are doing good!! I expect USDMXN to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
here is my setup for USDMXN move the SL to BE at the yellow area >>> TP as shown in the chart make sure to trade with SL it will be fast trade good luck
- Seasonally MXN is strong in NOC/DEC - Seasonally USD is weak in DEC - COT supports this outlook - Asset Managers + Leveraged Money accumulating Longs - Leveraged Money also distributing Shorts - Looking for a drop from DEC Pivot to DEC S2 - Higher Timeframe objective is Weekly Bullish Orderblock at 18.80 COT: images2.imgbox.com
Price pulled back to Fibonacci Retracement Level 50%. Price pulled back to Pivot Point Level. Enter at price 19.42638.