MXNJPY at Key Support Level - Potential Buy SetupEIGHTCAP:MXNJPY has reached a significant support zone, which has historically acted as a strong demand area. Previous price action suggests buyers may step in here, increasing the potential for a bullish reversal.
If the price holds above this level and confirms support, we could see a move highe
Forex Signal: Sell MXNJPYDirection: Sell
Enter Price: 7.084
Take Profit: 7.03066667
Stop Loss: 7.18166667
Dear Traders,
We have identified a promising trade opportunity for MXNJPY. Our analysis signals a selling trend for the pair. Here are the key factors behind our forecast, based on the EASY Quantum Ai strategy:
Trade Signal: Sell MXNJPYDirection: Sell
Enter Price: 8.319
Take Profit: 8.25433333
Stop Loss: 8.41733333
We have identified a solid trading opportunity on the MXNJPY currency pair and we recommend initiating a Sell position at 8.319 . Our analysis, conducted using the EASY Quantum Ai strategy, suggests that the
Trading Signal: MXNJPY Currency PairDear Traders,
Our latest analysis using the EASY Quantum Ai strategy signals a BUY opportunity for the MXNJPY currency pair. Below are the details of the trade setup:
- Direction: Buy
- Enter Price: 8.342
- Take Profit: 8.44566667
- Stop Loss: 8.21166667
Justification for the Signal:
1. Techni
2 FX Shorts with excellent oddsStarting with the pair which makes no sense at current levels, considering the most meager of rate differentials at +2.5% , were it not for the SNB's deranged policy of "supporting the Swiss Franc as an inflation fighting measure" (while Swiss inflation is barely holding at 2%!) and with the Swiss
MXNJPY - (massive) SHORT!The BoJ, if anything, made it's "guidance" even murkier (as if that were anyway possible) with it's most recent policy announcements. E.g., let's just say that the Yen, currently residing just below the miner-frog's hind quarters, has a better chance to start working it's way higher than otherwise.
MXNJPY $MXNJPY Initial Long (extremely high risk)MXNJPY $MXNJPY Initial Long (extremely high risk). This isn't even a tradable pair for most, but it's worth posting anyway. It's been chopped to h*ll the last few signals, let's see if we can pull out a win here. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of MXNJPY is 7.163 JPY — it has increased by 0.45% in the past 24 hours. See more of MXNJPY rate dynamics on the detailed chart.
The value of the MXNJPY pair is quoted as 1 MXN per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 MXN.
The term volatility describes the risk related to the changes in an asset's value. MXNJPY has the volatility rating of 1.26%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The MXNJPY showed a −1.80% fall over the past week, the month change is a −4.26% fall, and over the last year it has decreased by −20.81%. Track live rate changes on the MXNJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade MXNJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with MXNJPY technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the MXNJPY shows the sell signal, and 1 month rating is sell. See more of MXNJPY technicals for a more comprehensive analysis.