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Mexico

Mexican Peso finally going to move after years of bouncingAs we can see, we are getting to the final of a continuation form but it is not clear if it's a continuation to the first big downward move or the bigger uppward move that comes from the ´90s - 2000´s. I just wanted to update you with this since it's a very clear year size form. My personal opinion is long in short term and short in the long term. I think it is going to go up in the short term and from the bounce we are going to see if it will continue up. I feels it is trying to get down since it has been there a lot of time every time it gets to that boundry, but history tells us that mexican peso tends to lose vs dollar since fiat money is around.
Long
by BuenSamaritano
USDMXN - Mexican Peso RecoversDuring the trading session on Monday and Tuesday the Mexican peso has recovered. I expect the US Congress will pass the U.S.-Mexico-Canada Agreement in a few weeks. That should help the Mexican Peso to break the support 19.5 (Green Line). I also expect the trade between the United States and China to come down before the US elections. It is important to notice that the USDMXN price is in a triangle since last year. If there is good news from Mexico, we could finally break the triangle to the downside. On the other hand, Trump could threat Mexico again with bad comments just as he did in 2016, especially during this time (elections in 2020), making the Mexican peso weak. Thanks for reading!
by Joel_Ochoa
Swing trade, with researchI was doing research with bond yields for Mexico and the United States. Mexico's 10YR bonds are falling, meaning they can't pay back their debts as much. The United States 10YR is the same way. However, Mexico's interest rates are rising. Rising interest rates meaning their printing more money, making their currency less valuable. The United States Fed has had talks about lower interest rates, making the Dollar rise in value. As my analysis shows, theirs a triangle. We are nearing the bottom of the triangle, most likely, it will rise up to the top of the triangle again, there hasn't been much movement to break the triangle. I will keep adding to my position until I either hit my stop loss or take profit. I'm not sure how long it'll take, I am confident about this trade
Long
by moderngatsby
TARIFF MAN TO STRIKE GLOBALLY!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 DAX and other markets globally: 1. China trade/technology war. 2. Tariff man picking a fight with Mexico 3. And as of a couple days ago Tariff man has squeezed India by ending special trade treatment. (Google is your friend on that one). From what I see, the house of cards, the Ponzi scheme that is global markets is falling. I'll take my losses in shorting these. Disclaimer : This is not a recommendation to trade. Opinions here are my own. If you make decisions based on this and you lose your money sue yourself!
FX:GER30Short
by Captain_Walker