Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.013
Neutral
RSI(14)
67.746
Neutral
STOCH(KDJ)(9,3,3)
74.463
Neutral
ATR(14)
0.202
High Vlolatility
CCI(14)
128.123
Buy
Williams %R
20.588
Buy
TRIX(12,20)
0.238
Sell
StochRSI(14)
32.545
Sell
Search
USD/MXN
Add to Watchlist
18.778
-0.075-0.40%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D
Today
-0.40%
5 Days
+0.67%
1 Month
+3.96%
6 Months
+7.55%
Year to Date
+4.29%
1 Year
+1.39%
Key Data Points
Opening Price
18.813Previous Closing Price
18.853USD/MXN Trading Strategy
Intraday
Short Term
Trading Strategy
As long as 18.8122 is support, look for 19.0477
Alternative scenario
below 18.8122, expect 18.7239 and 18.6713.
Comment
As long as 18.8122 is support, look for 19.0477
Fri, Oct 30
Source: Trading Central(Reference Only)
Recent
Analysis
Mexican Peso drops as US growth, hot inflation rekindles Fed hike bets
The Mexican Peso is poised to depreciate over 1.20% against the US Dollar on Thursday, with the USD/MXN trading at 18.86.
FxstreetThu, Oct 29
USD/MXN (USDMXN) Surges 0.54% on Oct 29: What Does the Market Value?
• USDMXN rises due to policy divergence between the Federal Reserve and Banco de México. • Shrinking US-Mexico interest rate differentials reduce the carry-trade appeal of the Mexican peso. • Global risk aversion and USMCA trade uncertainty add upward pressure on USDMXN.
TradingKeyThu, Oct 29
Mexican Peso hit by carry trade unwind as USD/MXN reclaims 18.60
The Mexican Peso makes a U-turn and depreciates by 0.60% against the US Dollar, with the latter strengthening against a basket of six currencies, known as the US Dollar Index (DXY).
FxstreetTue, Oct 27
Mexican Peso: Weakness seen limited against US Dollar – Commerzbank
Commerzbank FX analyst Michael Pfister reviews the recent sharp depreciation of the Mexican Peso (MXN) against the US Dollar (USD) and argues that the move looks overdone. He highlights Banxico’s dovish stance, USMCA trade uncertainties and rising risk aversion as key drivers.
FxstreetTue, Oct 27
USD/MXN (USDMXN) Volatility Intensified on Oct 27: Factors to Watch
• USD/MXN momentum rose from U.S. dollar demand and interest-rate differential pressures. • A narrowing U.S.-Mexico interest-rate spread eroded the Mexican peso's yield advantage. • Technical indicators show a neutral MACD, neutral RSI, and buy Williams %R.
TradingKeyTue, Oct 27
Mexican Peso defies Dollar strength as Iran peace hopes lift sentiment
The Mexican Peso registers gains versus the US Dollar on Monday, as USD/MXN edges down 0.57% amid improving risk appetite and US tech stocks rising on Anthropic's IPO filing, while the Greenback posts solid gains versus major FX currencies, but not against the Mexican currency.
FxstreetMon, Oct 26
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.
Buy
Moving Average
Indicators
Value
Direction
MA5
18.697
Buy
MA10
18.635
Buy
MA20
18.446
Buy
MA50
17.741
Buy
MA100
17.535
Buy
MA200
17.478
Buy
About 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.
Is USDMXN (USDMXN) a safe investment?
No investment is completely risk-free. The risk level of USDMXN (USDMXN) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.
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