18.017USD
Today
+0.06%
5 Days
-0.18%
1 Month
-1.78%
6 Months
-5.06%
Year to Date
-13.38%
1 Year
-11.45%
Opening Price
18.008Previous Closing Price
18.006The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
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The configuration is positive.
below 17.9836, expect 17.9345 and 17.9053.
the upside prevails as long as 17.9836 is support
The Bank of Mexico — known as Banxico —, reduced rates by 25 basis points as expected at the December meeting with a 4-1 vote split, as Deputy Governor Jonathan Heat continues to dissent in the board, as he wanted to keep the main reference rate unchanged.
USD/MXN has turned lower again after failing to reclaim its 50-day moving average, breaking beneath consolidation support and reviving bearish momentum. The focus now shifts to downside targets near 17.85–17.60, with rallies likely capped around 18.37, Société Générale's FX analysts note.
USD/MXN has rebounded after touching 18.20, but the pair faces resistance at the 50-DMA and descending trend line near 18.40, leaving upside momentum uncertain, Société Générale's FX analysts note.
Mexico Consumer Confidence s.a fell from previous 46.1 to 44.2 in November
Mexico Consumer Confidence declined to 44 in November from previous 45.7
Banco de Mexico (Banxico) decided to cut interest rates by 25 basis points in a 4 to 1 vote split, to 7.25% with Deputy Governor Jonathan Heath voting to keep rates unchanged at 7.50%.
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