USD/MXN slips below range support – Société Générale
FXStreetSep 25, 2025 8:41 AM
USD/MXN has broken below its recent consolidation base, signaling renewed downside momentum, with 18.65 now the key barrier to cap rebounds before the pair potentially extends losses toward 18.15 and 17.80/60, Société Générale's FX analysts note.
Downtrend resumes in USD/MXN
"USD/MXN failed to establish itself above the 50-DMA during its recent rebound attempt and has breached the lower limit of its consolidation range, indicating a resurgence of downward momentum. While a brief bounce is underway, the moving average near 18.65 may cap the upside."
"If USD/MXN is unable to overcome 18.65, the downtrend may extend, with the next objectives at projections of 18.15 and the July 2024 lows of 17.80/17.60."
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey
Related Articles
Rocket Lab Stock Analysis: Why Is Rocket Lab Stock Price Soaring? Is Now a Good Time To Buy?
TradingKey - Even though Rocket Lab's stock price has seen substantial gains from its previous levels, we believe that Rocket Lab still offers speculative value.TradingKey
8 hours ago
Elon Musk’s SpaceX Poised for Record-Breaking IPO: How Can Retail Investors Get In on the Action of Starlink Stock?
TradingKey - Elon Musk's rocket manufacturer SpaceX is expected to launch an IPO in 2026, with a target IPO valuation projected to reach $1.5 trillion. However, prior to its listing, the stock can only be traded in the private market, characterized by low information transparency and high capital baTradingKey
Fri, Dec 19
Cathie Wood Predicts Bitcoin Has Bottomed. Is Now The Best Time to Buy? How to Buy BTC?
Purchasing Bitcoin is generally divided into three stages: pre-transaction, during transaction, and post-transaction. Each stage requires careful attention, as losses can easily arise from operational errors, pitfalls, and other factors.TradingKey
Fri, Dec 19
Gold Price Steady Climb and the Sudden Surge of Silver and Copper: Will Their Bull Run Extend Into 2026?
Dow Jones Market Data shows this marks the first time since 1980all three metals—gold, silver, and copper—simultaneously refreshed their all-time highs in the same year. Will this rally extend into 2026?TradingKey
Wed, Dec 10
Tradingkey
