On Wednesday, the US dollar decreased in value against other major currencies, including the Mexican peso, by over 1%, due to reports of slower than expected US inflation. This suggests that the Federal Reserve may pause its interest rate hikes. According to data from the US Labor Department, inflation in April decreased to 4.9%, which is the lowest year-over-year...
Hi traders. Given USD strength the past couple days This USD pair looks to be the most interesting if it can play out this could be an explosive move higher. On the other hand if it breaks back below it would also be a nice short trade. Keep in mind the risk off sentiment in the markets as it will play a key role.
HELD GREAT SUPPORT AT THE 0.786 FIB RETRACEMENT , LETS SEE WHAT HAPPENS FROM HERE. #BLESSEDPIPS
sHello team. we have located a continuation pattern on a break and retest of structure. possible entries could be. waiting on a break and retest. please leave a comment
Hello team, usdmxn has been moving very well in these zones. looking at a long with a good risk to reward. using H4 candlestick confirmation buyer will come to the party soon
USDMXN BULL prive movement prediction usdsgd mine own perspective so what's your consideration on the price movement please comment in the below section ? I believe that. So what is your expectations in comment below. So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan Learn forex then thought to does earn
Possible Cup and Handle Pattern Target $20.85
USD/MXN has been in a range since early December but I think its getting ready to breakout to the downside. As long as price stays below 20.0000, I could see a move all the way down to 18.5000 near the pre covid lows. I think the FED has been clear about its policy and any reflation should positive for the peso. The move in crude oil should also be a tailwind.
Final wave to the downside is getting completed after trapping so many buyers in, watch price action for long, wait for a proper bullish candle on 1h chart and add in corrections (bullish flags) Good luck everyone
The 21 zone is strong support for UsdMxn and also the drop from 21.80 is contained in a falling wedge pattern I strongly believe that 21 will hold and a break above the descending trend-line of the wedge would accelerate losses for Mexican Peso. A buy trade for this pair could have a 1:3 R:R
Hello Friends! I hope "USDZAR" will go Short 'Buy' and touch R1 then some correction. After her correction, it will touch R2 and R3. Are you have any questions, suggestions, or feedback? Then write on comment or privet chat. If you need any help, info, or analysis. Then knock me without any hesitation. ....Thank you...
Hello Friends! I think now 'USDMXN' Short 'Buy' position. Trade_ID: #B20000298 USDMXN - Buy => Entry Point: 21.16666 => Stop Loss: 20.99845 => Take Profit: 22.01583 You will take only 1-2% risk for all running entry You will try to give an alert when need to close it. ....Thank you... ©Learning Forex
Hello Friends! I hope "USDMXN" will go Short 'Buy' and touch R1 then some correction. After her correction, it will touch R2 and R3. Are you have any questions, suggestions, or feedback? Then write on comment or privet chat. If you need any help, info, or analysis. Then knock me without any hesitation. ....Thank you...
Hello traders US dollar is getting stronger against "peso mexicano" after the 7 month decline the started April 6 2020. On September 22 2020 price broke above "7 month bearish trendline" indicating buyers are under control. This in my Wave count
Hello Friends! I hope "USDMXN" will go Short 'Buy' and touch R1 then some correction. After her correction, it will touch R2 and R3. Are you have any questions, suggestions, or feedback? Then write on comment or privet chat. If you need any help, info, or analysis. Then knock me without any hesitation. ....Thank you....