USD/MXN has been strengthening since the start of November, although you can notice by looking at the chart that the advance hasn’t been smooth.
Tag - mxn
USD/MXN has reached the support line which has been limiting its downside since the middle of 2017.
USD/MXN may have found a short-term base and can test resistance at 19.67.
USD/MXN had a very bullish August. The pair is currently testing the resistance line connecting the highs of 2017 and 2018 at 20.12.
USD/MXN is quite used to sideways trading. Is it time to buy or sell?
The weekend brought the deal between the United States and Mexico…
We discuss the ways of USD/MXN and USD/JPY, as well as the fate of EUR/USD and EUR/JPY ahead of the ECB meeting…
The risk aversion drives the market crazy.
On D1, the pair formed a bearish “shooting star” candlestick ahead of the resistance line from December high.
Watch this video for this week's success!
The Mexican peso is supported by the rising oil prices, while the USD weakened ahead of the Fed’s meeting.
With all this Brexit mess it’s very easy to forget about other currency pairs.