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FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

Forex Analysis

Forex Analysis:::2023-10-31T20:16:24
USD/MXN: larger drop below 17.959
The currency pair is trading at 18.032 at the time of writing. As you can see on the H1 chart, the rate failed to jump above the 18.418 historical level...
Forex Analysis:::2023-09-28T12:26:20
USD/MXN: uptrend seems over
The USD/MXN pair climbed as much as 17.754 yesterday, registering a new high. It has found strong supply around this level and now it has turned to the downside. It's...
Forex Analysis:::2023-09-21T15:46:24
USD/MXN Confirms the Breakout
The USD/MXN pair retreated a little and now is located at 17.163 at the time of writing. After its amazing rally, a temporary retreat was natural. The rate could test...
Forex Analysis:::2023-08-31T14:28:39
USD/MXN undecided
The USD/MXN pair is located at 16.768 at the time of writing. As you can see on the H1 chart, the rate moves somehow sideways and it seems undecided. It's...
Forex Analysis:::2023-07-31T15:26:04
USD/MXN: downside continuation below 16.675
The USD/MXN pair is located at 16.701 at the time of writing and it seems undecided in the short term. You knew from my previous analysis that the price could...
Forex Analysis:::2023-07-28T08:16:29
USD/MXN trapped between 16.901 - 16.710
The USD/MXN pair is trading at 16.795 far below today's high of 16.901. As you can see on the h1 chart, the rate is trapped between the downtrend line (upside...
Analysis News:::2023-03-08T21:44:22
Imports of goods to the U.S. are steadily increasing
The U.S. trade deficit grew to the widest in three months at the start of the year, thanks to a strong pickup in imports of merchandise. The opening of China...
Forex Analysis:::2023-02-08T03:21:51
Technical Analysis of Intraday Price Movements of USD/MXN currency pairs, Wednesday 08 February 2023.
After succesfully break above the level 19,104 and after that USD/MXN currency pairs halted by the upward movement by the Dynamic Resistance (MA 200). Now USD/MXN is falling back down...
Forex Analysis:::2023-01-05T07:31:20
Technical Analysis of Daily Price Movement of USD/MXN currency pairs, Thursday January 05, 2023.
On the daily chart USD/MXN currency pairs move inside the channel that dips down (Bearish) and the Moving Average is still in a Death Cross condition...
Forex Analysis:::2022-12-08T21:49:25
Inflation miss puts Fed and the ECB at a disadvantage
Economists are concerned about signals from the global market. Data shows behavior that contradicts expectations and probabilistic forecasts based on historical data and economic theory. The reputations of central banks...
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