USDMXN FLAG PATTERNLooks like rally started. I think the direction will be up. Don't forget to do your risk analysis.
Usdmxnlong
USD/MXN signaling up movement for swing tradersUSD/MXN is signaling a buying opportunity for swing traders.
USDMXN
USDMXN LongUSDMXN
Swing opportunity. Price is currently flagging after break of structure with impulsive up move. Price flagged/retraced to the 61.8 fib level and is currently rising. Enter at lowest position possible.
Potential TP1, 2, and 3 marked on chart
USD/MXN Long IdeaUSD/MXN long idea. Price is contained within ascending channel. Possible teacup formation. On the daily time frame, the lip of the cup tested price area at 50% fib level. On the lower time frame, price has just tested 50% fib level. Price could possibly reach back to 19.7 area. Trade at your own risk. This trade is for demonstration and educational purposes only.
USDMXN May Go LongIt could bounce from 19.27000. wait for conformation.
Don't forget that only the USD is in play here.
SHORT USDMXNSeguramente hay muchos traders técnicos largos USDMXN, a mi parecer el fundamental indica todo lo contrario y creo que esta volatilidad puede dar entradas interesantes.
El acuerdo del NAFTA aunque es una negociación aún sin efectos legales hasta ser aprobada por el congreso, representa un gran avance para las relaciones de México-EUA y elimina el riesgo de un no acuerdo comercial o extinción del NAFTA.
Es cierto que las negociaciones con Canadá apenas comienzan pero existe cierta presión política para Trump por las elecciones intermedias y la falta de resultados sólidos (además de los escándalos jurídicos) esto podría presionar a dar un pronto acuerdo entre México, Canadá y EUA (incluso podría ser esta misma semana) sin considerar que la administración de Trump no quiere continuar las negociaciones una vez que tome el poder Andrés Manuel pues existen diferencias en temas de energía.
Tomemos en cuenta las tasas de interés, la inflación controlada en México, la solidez de la economía en EUA y en México etc..
TP 18.52
USDMXNAnticipating a double bottom to form as the neckline hopefully will get broken, which will also be confirmed secondly by the break of the trendline. The market points are assumed entry, sl, and tp areas. USD pairs are bullish at the moment, Im quite confident about this one too.
USDMXN - A potential blind buy from support opportunityIn this video I discuss a potential buying opportunity from key support.
USDMXN Ascending channel Currently the Mexican Peso (MXN) is in the middle of an ascending channel finding support at the previous resistance of 18.31 Pesos per USD. Additionally, the Peso is finding support at the at the .236 Fibonacci line from the previous 19.89 pesos/usd high. If the trend continues, the Peso will find itself between 18.8 - 19.5 range by April 8, 2018. However, the USD is finding resistance at 18.98 Pesos per USD line. If this resistance line is broken, then the USD will gain room against the Peso up to the 19.50 target.
This post is for educational purposes only and therefore does not represent trading advice.
USD/MXN 4hr Chart Looking for Long Around Lower Channel SupportPrice action recently broke out of a mild wedge into a steep upside channel. I am expecting it to fall lightly into lower trendline support and consolidate for a while finding buyers. I will be looking to go long around 18.59434 if lower channel support holds and we get a nice 3 bar bullish candle formation. I will also be looking at the 2hr chart indicators for signs of divergence and oversold signals. Current momentum long term is sideways channel range bound and mid term momentum is bullish as it just bounced off said lower channel and broke thru wedge upper trendline resistance. Too high risk to long at current price and until action breaks lower channel momentum is bullish. If we get the bounce and target price in yellow i will be looking for a profit target of around 0.236 pullback @ levels in green
USD PESO UP WE GO GOOD EVENING EVERYONE
Lets look at the usd peso ( usd/mxn ) I love this pair as this pair moves the most out out of any pair . Secondly we are going up and up and up and I love : This market tested the buyers and the buyers did what they do best pushing this market up breaking out some key levels for the sellers and we are now heading into a little correction before we see more movement up.
I will be posting all my charts and recorded trades via Youtube . This pair I did enter and will be posted via Youtube for your education needs.
your friend Kris
www.mymentortv.com
Facebook: mymentortv
YouTube: mymentortv
Instagram: mymentortv
USDMXN LongUSDMXN broke the dwontrenline and has been going up for sometimes now, and 800EMA was broken as well in the 4hr time frame, I'm expecting USDMXN to continue with the uptrend and test the resistance at 19.24685.
A trade that may triple your account "Long term bull USDMXN" My fellow traders,
Now is the time to make decision whether you may invest in USDMXN ,buy for long term.
If US index will become higher and higher again, the exchange rate between dollar and peso will rise day by day.
Technically and fundamentally , I recommend to BUY USDMXN for long term.
A single transaction may even become triple your account balance.
Most of our native traders (Myanmar forex traders) only pay attention in selling gold at this moment but
I want to recommend USDMXN to buy for long term at the same time.
...
Good luck to all traders,
USDMXN !!
USDMXN medium to long term bullish setupClosely watch the NFP and French election this week to adjust the setup accordingly.
USDMXN SUPPORT HITA simple idea of a rebound in USDMXN. We are at a major key level. I expect a rebound to 18.80 at least
www.mql5.com
USD/MXN [1DC] Shark Pattern! Long setup. FX:USDMXN
Long the pair.
**Note that French election might slow down the USD movement for a while.
USDMXN buyBuying USDMXN on major based support down
and ichimoku formation.
It is very longterm based trade
Be careful on trading USDMXN guys
Dont forget to trade with proper RM/MM and caution
You can see target area blue colored.
Stops should be below support
Good luck!
Finally time to buy USDMXN!Finally! After waiting very patiently we can now enter a BUY on USDMXN.
SL in mind of 18.40
USD strength mixed with a little pressure on silver make this pair move :) The only thing to watch for is if it can break the RSI 50 level, if it breaks that, technically speaking we can expect some more.
For more signals check out the FB page.
USDMXN setting up for a potential long reversalThis is one of the setups I'm looking at for next week. The USDMXN on the daily has one of the cleanest trends of any pair recently. However, it has been overextended and is nearing the 200% Fibonacci extension level.
At the same time, there's a very strong demand zone close by, around the 18.30000 level. Last time that price dipped into this level, it shot up with an incredible force and it only makes sense if there would still be buyers left to pick up the price once again.
Technically, we can already see a slight RSI divergence and a slight slow down of the price, but nothing too much in terms of an actual reversal yet. Fundamentally, this setup would be aided by a strong US economy. So far, this is the case and a better than expected NFP release tomorrow would only help.
This setup still needs some more time and I expect this to unfold sometime next week. My alert is set around the 18.3 level.
Find more analysis on smartforexlearning.com and give us a follow:
- on Twitter: twitter.com
- on Facebook: www.facebook.com
- on Google+: plus.google.com
Touching 300 EMA For The First Time In 2½ YearsI have previously talked about pairs at extraordinary levels, such as EURDKK. Currently the talk on the street is USD/MXN. It is fascinating how much the dollar has fallen the past months. I publish this to remind everyone that keeping an eye on this one, might be wise. It's either going to fall like a brick or, as I assume, rise again majestically.
