COT Analysis - CurrenciesThis week is a quiet week for COT setup markets.
In this video I overview how the currency setups which I have identified over the last few weeks (Long USD, Short JPY, AUD, CAD, EUR) have played out and are well underway.
As of right now, the only currency that is setup for a trade is the Mexican
COT Analysis - Currency SectorA few weeks ago I was calling for shorts on 6J, longs on DX, and shorts on ZB. Those trades are well underway, with partials already taken.
This week, COT strategy is supportive of longs for DX. Of particular interest is 6A (AUD). The commercials are more short this market than they have been in ov
Smart Money is Positioned to LONG Mexican Peso - COT StrategyDISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence.
COT Strategy
LONG
Mexican Peso (6M)
My COT strategy has me on alert for
Upside Ahead for Mexican Peso - COT Strategy LongDISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence.
COT Strategy
LONG
Mexican Peso (6M)
My COT strategy has me on alert fo
Long on Mexican Pesos: Technical Indicators and Market AnalysisThe Mexican Peso has recently reached a Demand area that we have been monitoring for some time, and it has shown a strong rebound from this level. By examining technical indicators such as the Relative Strength Index (RSI) and Stochastic, we can observe that the Peso is currently in an oversold cond
Mexico’s Manufacturing Boom Lifted Peso to 5-Year HighCME: USD/Mexican Peso ( CME:6M1! )
What’s the strongest currency in 2023? Hint: Not the US dollar.
• Although dollar index has rallied nearly 6% in the past two months, it gained just 2.1 points, or +1.9%, year-to-date, to settle at 105.583 as of September 22, 2023.
• British Pound futures ( SEED_T
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Related futures
Frequently Asked Questions
The current price of Mexican Peso Futures is 0.04934 USD — it has risen 0.61% in the past 24 hours. Watch Mexican Peso Futures price in more detail on the chart.
The volume of Mexican Peso Futures is 47.78 K. Track more important stats on the Mexican Peso Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Mexican Peso Futures this number is 147.26 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Mexican Peso Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Mexican Peso Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Mexican Peso Futures technicals for a more comprehensive analysis.