Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.004
Sell
RSI(14)
46.207
Neutral
STOCH(KDJ)(9,3,3)
34.797
Sell
ATR(14)
0.111
High Vlolatility
CCI(14)
-37.463
Neutral
Williams %R
64.830
Sell
TRIX(12,20)
-0.016
Sell
StochRSI(14)
6.821
Oversold
USD/MXN
USDMXN
View Detailed Chart
18.348USD
+0.006+0.03%
Time
1m
15m
30m
1h
4h
D
W
D
Today
+0.03%
5 Days
+0.06%
1 Month
-0.54%
6 Months
-4.65%
Year to Date
-11.79%
1 Year
-10.86%
View Detailed Chart
Key Data Points
Opening Price
18.340Previous Closing Price
18.342Indicators
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
18.407
Sell
MA10
18.379
Sell
MA20
18.419
Sell
MA50
18.408
Sell
MA100
18.529
Sell
MA200
19.078
Sell
USD/MXN Trading Strategy
Intraday
Short Term
Trading Strategy
The configuration is positive.
Alternative scenario
below 18.3135, expect 18.2652 and 18.2364.
Comment
the upside prevails as long as 18.3135 is support
5 hours ago
Source: Trading Central(Reference Only)
USD/MXN News
Banxico cut rates as expected to 7.25%, Heath dissents again
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%.
FxstreetThu, Nov 6
Mexico Consumer Confidence: 45.7 (October) vs previous 46.1
Mexico Consumer Confidence: 45.7 (October) vs previous 46.1
FxstreetTue, Nov 4
Mexico Consumer Confidence s.a fell from previous 46.5 to 46.1 in October
Mexico Consumer Confidence s.a fell from previous 46.5 to 46.1 in October
FxstreetTue, Nov 4
Banxico Deputy Governor urges caution on rate cuts amid sticky inflation
Banco de Mexico (Banxico) Deputy Governor Jonathan Heath crossed the newswires in a podcast by Grupo Financiero Banorte on Wednesday.
FxstreetWed, Oct 15
USD/MXN tests resistance as momentum turns positive – Société Générale
USD/MXN has rebounded from its 18.20 low but continues to face resistance at the 50-DMA. A break above 18.65 is needed to confirm an extended recovery, while failure to clear it could invite renewed downside pressure, Société Générale's FX analysts note.
FxstreetWed, Oct 15
Banxico minutes hint at more rate cuts ahead
Banco de Mexico (Banxico) revealed its minutes of the September 25 meeting, in which the central bank reduced interest rates by 25 basis points to 7.50%, reaching the lowest level since May 2022.
FxstreetThu, Oct 9
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.
