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Tag: USDMXN

USDMXN Breaks Above 20.53: Key Levels and Analysis

USDMXN Forecast J.J. Edwards -
USDMXN breaks above 20.53 resistance in continuation of its bullish trend. However, the Stochastic Oscillator signals overbought. If bulls...

USDMXN Holds above 20 Awaiting Bullish Breakout

USDMXN Forecast J.J. Edwards -
USDMXN holds above 20.0, trading sideways in a low-momentum market, above the 75-period SMA. Meanwhile, the Stochastic Oscillator left...

USDMXN Tests Key Support at 20.16 – What Next?

USDMXN Forecast J.J. Edwards -
FxNews—The USD/MXN pair trades bearish, below the 50- and 100-period simple moving average. As of this writing, the currency...

Mexico’s GDP Surges But USDMXN Rises!

USDMXN Forecast J.J. Edwards -
The Mexican peso is approaching a low not seen since July 2022, hitting nearly 20.6 against the US dollar....

USDMXN Surpasses 100-SMA – Eyes FVG Break for Uptrend

USDMXN Forecast J.J. Edwards -
FxNews—As expected, the USD/MXN pair returned above the 20.22 mark. This increase in the Greenback's price was expected because...

USDMXN Dips Amid Banxico Rate Cut

USDMXN Forecast J.J. Edwards -
The Mexican peso has recently strengthened to 20.24 pesos per U.S. dollar, recovering from a low of 20.81 pesos...

UDMXN Tops 20 as Lighthizer’s Return Signals Trade Barriers

USDMXN Forecast J.J. Edwards -
The Mexican peso dropped below 20.55 per U.S. dollar in November, hitting its lowest point since July 2022. This...

Overbought USDSGD Still Climbing Toward 1.342

USDMXN Forecast J.J. Edwards -
FxNews—The Greenback is in a robust uptrend against the Singapore dollar at approximately 1.337, gaining 0.28 percent in today's...

Watch USDMXN for a Potential Rise to 20.81

USDMXN Forecast J.J. Edwards -
FxNews—The U.S. dollar trades bullish against Mexican Peso above the 100-period simple moving average. As of this writing, the...

USDMXN Falls as Mexican Car Production Rises 1.1%

USDMXN Forecast J.J. Edwards -
In October 2024, Mexico's car production increased by 1.1% year-over-year, reaching 382,101 vehicles. Although continuous for the seventh month,...

USDMXN Rallies as Trump Comeback Worries Peso

USDMXN Forecast J.J. Edwards -
FxNews—The Mexican peso weakened past 20.2 per USD, closing in on the weakest level since September 2022 of 20.27,...

USDMXN Set to Break 20.2 as Mexico’s Economy Grows

USDMXN Forecast J.J. Edwards -
FxNews—The Mexican GDP expanded by 1% from the previous quarter in the three months ending in September of 2024,...

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