got signal, wait for still going down,break supp line,pull back close to ress line and 50 ema. short
this is a harmonic pattern, we are waiting for a short action.
Esperemos que dice el libro beige de la FED a las 13:00 hrs. Apuesto que vamos mas corto, posible recuperación del peso ya que esta rompiendo un soporte muy importante en el técnico. Target 17.30
yet again idk what this currency is, wait for either downtrend or support to be broken then trade relative to whichever broke, boiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
Buying 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!
As suggested in a previous report, which can be visualized here: , Usd is losing momentum against Mexican Peso. There are no reasons to get long anymore, while it is now time to short the pair. We see a strong divergence having a look at stochastic oscillator and Bollinger Bands are widening out smoothly, with a weekly close breaking the lower BB. I expect to...
Set a sell stop. (with the exact TP and SL ) and wait. This is just my view on the market. Not a Financial advise. Make your own analyse and feel free to give your opinion.
19 will be a crucial area to understand if the uptrend might have chances to resume or if it would reverse into a downtrend. I believe we are close to see the beginning of a new trend. However, it is suggested not to trade until it will be clear the new trend. Below 18.50, and ONLY after a re-test of area 19, it is suggested to short the pair. Further comments to...
Very neat. Here's a 2:1 long and an 11:1 short later on.
A three year bullish cycle might be close to end. While the monthly chart is still bullish, the daily chart is getting bearish. Back to monthly chart, I have stressed out two bearish patterns. The first one has failed, while the second one is still in formation. Obviously, there are now lower-highs and lower-lows to define an uptrend. However, the monthly chart is...
The mexican peso closes the week after a strong downward impulse starting on Wednesday. Next week we expect $USDMXN to continue with the bearish impulse that started after Donald Trump's press conference . If we don't get any "surprises" from the president-elect, we expect the peso to reach the support set at 21.32 looking for starting a bearish channel if it...
FX:USDMXN Safe Trades;
FX:USDMXN My favorite exotic, UMEX looks poised to have a substantial move down soon. The DXY looks ready to drop, and the forecast for tomorrows interest rate decision for the peso is up .5% to 5.25%! That 1-2 punch should knock out the peso, and bring it way down before it rises again, I am targeting the monthly pivot.
Looked into a short oppurtunity but found hourly demand