Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.016
Sell
RSI(14)
37.225
Neutral
STOCH(KDJ)(9,3,3)
15.007
Sell
ATR(14)
0.134
Low Volatility
CCI(14)
-157.641
Sell
Williams %R
99.119
Oversold
TRIX(12,20)
-0.052
Sell
StochRSI(14)
0.000
Oversold
Search
USD/MXN
USDMXNAdd to Watchlist
17.170USD
-0.133-0.77%
View Detailed Chart
Time
1m
15m
30m
1h
4h
D
W
D
Today
-0.77%
5 Days
-1.52%
1 Month
-1.09%
6 Months
-6.91%
Year to Date
-4.64%
1 Year
-11.64%
View Detailed Chart
Key Data Points
Opening Price
17.305Previous Closing Price
17.303Indicators
The 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.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Sell
Moving Average
Indicators
Value
Direction
MA5
17.322
Sell
MA10
17.380
Sell
MA20
17.342
Sell
MA50
17.572
Sell
MA100
17.550
Sell
MA200
18.002
Sell
USD/MXN Trading Strategy
Intraday
Short Term
Trading Strategy
The configuration is negative.
Alternative scenario
above 17.3128, look for 17.3746 and 17.4114.
Comment
the downside prevails as long as 17.3128 is resistance
Fri, May 8
Source: Trading Central(Reference Only)
USD/MXN News
Mexico Consumer Confidence s.a up to 44.4 in April from previous 44.1
Mexico Consumer Confidence s.a up to 44.4 in April from previous 44.1
FxstreetFri, May 8
Mexico Consumer Confidence: 44.3 (April) vs 44.1
Mexico Consumer Confidence: 44.3 (April) vs 44.1
FxstreetFri, May 8
Mexican Peso falls as Banxico cuts rates, Hormuz tensions rise
The Mexican Peso erases some of its earlier gains and drops some 0.13% as the USD/MXN pair advances after the Bank of Mexico (Banxico) cut rates and warned that the easing cycle has ended. The exotic pair trades at 17.27 after testing a low of 17.19.
FxstreetThu, May 7
Banxico cuts rates 25 bps to 6.50% as expected
Banco de Mexico —also known as Banxico—reduced borrowing costs by 25 basis points on Thursday, as expected by market participants, from 6.75% to 6.50%.
FxstreetThu, May 7
USD/MXN: Further peso weakness expected – Commerzbank
Commerzbank analysts Michael Pfister and Norman Liebke argue that the Mexican Peso (MXN) is likely to weaken against the US Dollar (USD) in coming weeks as Banxico maintains a dovish stance despite rising inflation risks.
FxstreetThu, May 7
USD/MXN: Banxico easing seen lifting the pair – Commerzbank
Commerzbank’s Michael Pfister argues that The Bank of Mexico's (Banxico) easing cycle, signalled by the March cut, should continue with another 25 bp reduction widely expected today.
FxstreetThu, May 7
More Details of USD/MXN
USDMXN refers to the exchange rate between the US Dollar (USD) and the Mexican Peso (MXN). This currency pair is significant for businesses and investors engaged in trade and investment between the United States and Mexico. The value of USDMXN is influenced by various factors, including economic indicators from both countries, interest rate differentials, inflation rates, and geopolitical developments. The pair is known for its volatility, making it a popular choice for traders looking to capitalize on price fluctuations in the forex market.
What are the risks associated with trading USDMXN?
Trading USDMXN carries risks such as currency volatility, economic instability in Mexico, and geopolitical tensions. Traders should also consider the impact of trade relations and liquidity risks in the forex market.
How do interest rates affect USDMXN?
Interest rate differentials between the US and Mexico can impact the USDMXN exchange rate. If the Federal Reserve raises rates while the Bank of Mexico keeps its rates steady or lowers them, the USD may strengthen against the MXN, and vice versa.
How can I keep track of the USD/MXN exchange rate?
You can monitor the USD/MXN exchange rate through various sources:
Financial News Websites: Many websites provide real-time currency exchange rates.
Forex Brokers: These platforms offer up-to-date exchange rates and often provide tools for analysis.
Mobile Apps: Currency converter apps and financial apps can give you instant access to exchange rates.
Banks: Some banks offer currency exchange rate information to their customers.
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