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USD/MXN

USDMXN
View Detailed Chart

17.907USD

-0.003-0.02%
Time
1m
15m
30m
1h
4h
D
W
D

Today

-0.02%

5 Days

+0.31%

1 Month

+4.35%

6 Months

-3.05%

Year to Date

-0.55%

1 Year

-10.68%

View Detailed Chart

Key Data Points

Opening Price

17.904

Previous Closing Price

17.910
Price Range of the Day
17.90417.936
52-Week Price Range
17.07621.078

Indicators

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(2)
Neutral(2)
Buy(9)
Indicators
Sell(1)
Neutral(2)
Buy(4)
Indicators
Value
Direction
MACD(12,26,9)
0.019
Buy
RSI(14)
60.355
Neutral
STOCH(KDJ)(9,3,3)
52.269
Neutral
ATR(14)
0.253
Low Volatility
CCI(14)
110.311
Buy
Williams %R
25.628
Buy
TRIX(12,20)
0.118
Sell
StochRSI(14)
100.000
Buy
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
17.815
Buy
MA10
17.791
Buy
MA20
17.693
Buy
MA50
17.449
Buy
MA100
17.799
Buy
MA200
18.200
Sell

USD/MXN Trading Strategy

Intraday
Short Term
The configuration is positive.

Trading Strategy

The configuration is positive.

Alternative scenario

below 17.7376, expect 17.6638 and 17.6199.

Comment

the upside prevails as long as 17.7376 is support

13 hours ago
Source: Trading Central(Reference Only)

USD/MXN News

Banxico’s unexpectedly cut rates by 25 basis points to 6.75%

Banco de México, known as Banxico due to its Spanish acronym, unexpectedly cut the country’s main interest rate from 7% to 6.75%.

Fxstreet4 hours ago
Banco de México, known as Banxico due to its Spanish acronym, unexpectedly cut the country’s main interest rate from 7% to 6.75%.

MXN: Banxico patience supports peso – Commerzbank

Commerzbank analysts Michael Pfister and Norman Liebke report that the Bank of Mexico (Banxico) is expected to leave rates unchanged, with markets no longer pricing cuts in the near term after the Iran conflict.

Fxstreet11 hours ago
Commerzbank analysts Michael Pfister and Norman Liebke report that the Bank of Mexico (Banxico) is expected to leave rates unchanged, with markets no longer pricing cuts in the near term after the Iran conflict.

USD/MXN: Rebound faces 200-DMA hurdle – Societe Generale

Societe Generale analysts note that USD/MXN has formed an interim low near 17.10 and is in a short-term rebound within a broad consolidation. The 18.00/18.20 area, aligned with the 200-DMA and January peak, is highlighted as key resistance.

Fxstreet14 hours ago
Societe Generale analysts note that USD/MXN has formed an interim low near 17.10 and is in a short-term rebound within a broad consolidation. The 18.00/18.20 area, aligned with the 200-DMA and January peak, is highlighted as key resistance.

Banxico seen holding rates at 7% amid war-driven inflation risks

A Reuters poll revealed that the Bank of Mexico — also known as Banxico for its Spanish acronym — is expected to keep interest rates steady at 7% at the March 26 meeting amid concerns about the Middle East war.

FxstreetFri, Mar 20
A Reuters poll revealed that the Bank of Mexico — also known as Banxico for its Spanish acronym — is expected to keep interest rates steady at 7% at the March 26 meeting amid concerns about the Middle East war.

LatAm: Peso seen outperforming real – Commerzbank

Commerzbank’s Michael Pfister and Norman Liebke argue that, after strong gains versus the Dollar, the Brazilian Real faces more downside risks than the Mexican Peso.

FxstreetTue, Mar 17
Commerzbank’s Michael Pfister and Norman Liebke argue that, after strong gains versus the Dollar, the Brazilian Real faces more downside risks than the Mexican Peso.

USD/MXN jumps above 17.70 as Middle East war spurs risk-off

The Mexican Peso depreciates sharply as hostilities intensify in the Middle East, triggering a flight to safety, which underpinned the US Dollar. Additionally, solid jobs data in the US decreased the chances that the Federal Reserve might cut rates twice this year.

FxstreetThu, Mar 5
The Mexican Peso depreciates sharply as hostilities intensify in the Middle East, triggering a flight to safety, which underpinned the US Dollar. Additionally, solid jobs data in the US decreased the chances that the Federal Reserve might cut rates twice this year.

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.

Related Instruments

USD/MXN

17.907
-0.003-0.02%
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