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Usdmxnlong

USDMXN - Trump Sleeper Trade (100k+ Trade) With Trump projected to claim the White House after preliminary votes are in, all eyes turn to Mexico. Trump has been an outspoken opponent of the "Border Crisis" and the loss of jobs to nearshored workers. Trump has threatened Mexico with tariffs on both fronts and is projected to have the House and Senate's support when proposing ballots. Expect many Republican States to issue strong punitive measures AGAINST Mexico. I expect the Peso to weaken to historic lows during this presidency. Target is 32, but could be more or less. This is made BEFORE Trump has taken office or made any decisions, however, Mexican Peso will still weaken until clarity is provided on why it shouldn't. FOREXCOM:USDMXN Potential rate cut on 11/7, but this should be a minor event in comparison to the implications of a Trump Presidency.
Long
by dsmall
1
USD/MXN Bank Robbery plan to steal the moneyHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist USD/MXN Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Long
by Thief_Trader
2
USD/MXN: Bullish Momentum Expected Amid Demand Area RetestThe USD/MXN currency pair is showing promising signs of a bullish continuation as it retests a recognized demand area. This zone has historically provided strong support and is now positioned to potentially fuel a further upward movement. Large speculators are currently on the bullish side, while retail traders remain bearish, reinforcing our positive outlook for the pair. Our analysis indicates that the price is making a crucial retest of this demand area before resuming its upward trajectory. This retest is a typical technical pattern that often precedes a bullish continuation, especially when combined with the current market sentiment. The presence of large speculators on the bullish side suggests confidence in the potential for USD/MXN to rise, as these traders often have deeper insights into market trends and fundamentals. Furthermore, seasonal patterns also support our bullish outlook for the USD against the MXN. Historical data shows that this period typically favors the USD, driven by a combination of macroeconomic factors and market dynamics. Seasonal trends can provide valuable context, enhancing the reliability of technical setups and market sentiment indicators. Given these factors, we are closely monitoring the price action for a bullish continuation. The demand area retest, combined with bullish speculator positions and favorable seasonality, creates a compelling case for an upward move in USD/MXN. We are looking for the best entry points to capitalize on this potential rise, ensuring a strategic approach to maximize returns while managing risk. In conclusion, USD/MXN is poised for a bullish continuation following the retest of a significant demand area. The alignment of technical indicators, market sentiment, and seasonal trends all point towards a favorable environment for the USD. Investors should be vigilant for entry opportunities as the price confirms its support and begins its anticipated ascent. ✅ Please share your thoughts about USD/MXN in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
4
Sell your pesos, buy dollarsI was down in Mexico over the past week and most people were commenting about how weak the dollar was against the Peso. While I was there, the dollar made a move from the low SWB:16S to $18. Most people kept saying that if it gets to $18-$20, you should sell your dollars to buy more pesos, because the dollar will decline against the peso over the long term. List fundamental reasons here= Mexico economy is getting stronger, US is in massive debt, blah blah blah... Reality is, the chart tells the truth and to me, it looks like the dollar is forming a bottom for a long-term move higher against the peso. As long as price stays above the blue trendline, price is heading higher. How high? Maybe 2x? Let's see.
Long
by benjihyam
Fed vs. Banxico: USD/MXN forecast The US Federal Reserve (Fed) is set to announce its decision on Wednesday, followed by the Bank of Mexico (Banxico) on Thursday. Forecasts suggest that both central banks will maintain their current interest rates. Recent indications from Banxico suggest a leaning towards a more accommodative monetary policy. However, Deputy Governor Irene Espinosa has expressed reservations, highlighting the persistence and escalation of inflationary risks. Analyzing the USD/MXN chart reveals an upward momentum, with the pair converging between the 200-day Simple Moving Average (SMA) and the 50-day SMA at 17.40. The reclaiming of the psychological level of 17.50 could be a crucial factor in confirming this momentum. If the USD/MXN experiences a decline, the 100-day SMA may serve as a noteworthy level before reaching support at 17.00/05. Economists at Rabobank project USD/MXN to average around 17.20 in the next month. They expect the pair to trade around this level in early 2024 before potentially rising to the 17.80 region by the end of the first quarter.
by BlackBull_Markets
2
LONG - USDMXN (MN WK D) (25 May 2023)Position Trade/s - USDMXN - Massive opportunity to go LONG as there are strong arrival candles reaching MN Demand Zone which is FRESH! Hence, set and forget trades in MN, WK and Daily and Intraday H4 MN Trade/s - To take entry at MN TF WK Trade/s - Take entry at WK TF - However, price might pierce through re-tested WK demand zone as there were multiple retests - Hence, WK potential BUY zone is deeper Daily Trade/s - 3 potential BUY Zones in Daily TF
Long
by angieh
2
Why the Mexican Peso Surged Against the USD? 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 increase in two years and lower than market forecasts of 5%. The slower inflation was attributed to slower growth in food prices and a further decrease in energy costs. However, core inflation remained high at 5.5%, indicating that interest rates may need to stay high for some time to control it. Fed funds futures traders are anticipating a pause before expected rate cuts in September, which might be a little optimistic, as the Fed's target range remains at 5% to 5.25%. The Mexican peso gained strength to 17.544, its highest value since July 2017, as the difference between US and Mexican monetary policies became more pronounced. The RSI on the USDMXN suggests it is in an extreme oversold condition, so a pullback may be necessary. Resistance levels from 2017 for the pair may no longer be relevant, but the strongest value the peso reached in 2017 was $17.430, while the peak in 2016 was $17.050. For fundamental context, Banxico increased rates to an all-time high of 11.25% in March, despite a decrease in annual headline inflation that was greater than expected. Mexico's proximity to the US has also made it an attractive location for foreign companies to open factories targeting the American market and diversifying production from China. Additionally, the US economy's robust state has led to a rise in remittances to Mexico from expats.
by BlackBull_Markets
2
USDMXN Trading Plan - 27/Mar/2023Hello 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 evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
USDMXN LONGThe long term outlook on the monthly time frames shows a very strong US Dollar against the Mexican Peso (MXN). The Mexican Peso has strongly recovered against the Dollar since May 2020, this analysis is similar to the weakness of the Dollar against the South African Rand. The price levels have eventually returned to the demand zone at 17-18 price handle Naturally we adopt smart money approach in our analysis. The institutional order flow show that there is a change of character on the Daily time frame. After the change in character we expect a minor correction to pick buy orders sitting at the 17.9-17.8 levels before resuming the bullish momentum targeting the 20 price handles with potential to go even higher to mitigate the fresh supply sitting at the 23 price handle. We have a bullish bias with our entries placed at the 17.8-17.9 levels.
Long
by morrisgitau
USDMXN Trading Plan - 17/Jan/2023Hello 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 evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
USDMXN Trading Plan - 10/Jan/2023Hello 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 evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
12
USDMXN Trading Plan - 3/Jan/2023Hello 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 evolve anytime, hence, always do your analysis and learn trade management before following any idea
Long
by For3xScalper
3