USD/MXN - Page 6
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Thread: USD/MXN

  1. #1
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    USD/MXN

    The pair USD / MXN in 4H Chart .is possible to analyze the situation as it repulsion from the last minimum value as the level of support zone. And now she has a predisposition for the ascent, which at the moment and many indicators point signals and the northern direction the toe with their probable intersection from the bottom up, so presumably the forecast of further movement of the currency will rise in price.

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  2. #51
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    USD/MXN continues its decline, now they were able to break through the support at 19.400, so that further the road to decrease to support 18.280 is opened. But the risk is that the dollar can resume growth along the whole front. The current weakening is the outcome of the Fed meeting, but in the future we are expecting new rate hikes and therefore in the mid-term, the dollar in the pair may again start to rise to 20 figure.


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  3. #52
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    USD / MXN after its fall settled on support at 19.05 and can form a reversal figure double bottom. I expect continued recovery in the bullish trend with a breakdown of resistance at 19.30 and recovery to the resistance line of the downward main trend of 19.45.


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  4. #53
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    MXN continues to march down, although recently it turns out he mostly against the dollar due to the weakness of the latter. Nevertheless, we have already played more than three quarters of the growth of USD / MXN, which occurred on the victory of Trump (growth from 18,15161 to 22,0371). The head of the Bank of Mexico said that this is a good example, as markets show excessive diligence in setting prices.


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  5. #54
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    USD / MXN are at the local minimum level and consider buying from the market after the opening of 18.75 with the defense of the position on the stop-loss at around 18.50. I consider the recovery of the pair's price to the level of resistance at around 19.50 - exposes the TP. The confirmation of this movement will be the signal of the breakdown of the downward trend line at around 19.00.


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  6. #55
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    Given: 18
    USD / MXN is in a downward trend direction, at the moment of steam with momentum broke through the local support level of its trade at around the level of 18.89, reaching a value up to the mark in the area of 18.75. It is expected to continue the development of the downward movement, provided that the quotes are fixed below the level of 18.89 with a test from below and a potential target in the area of 18.19.


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  7. #56
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    Given: 18
    USD/MXN is located in a small corridor between the support level of 18.8631 and the resistance level of 18.9182 in turn testing them for strength. The Oscillator has moved to a region below the level of 50. The MACD oscillator points to a weak upward movement of the pair. I believe that the pair's flat state will continue in the future.


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  8. #57
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    Decline of the MXN has been going on for the third month in a row, breakdown of the level of 18.920 and the lower limit of the expanding triangle suggest a decrease to the next level in the region of 18.037 - while the price "hangs in the air" and the nearest line on the chart, which the price somehow can beat - namely 18.037.


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  9. #58
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    Given: 28
    USDMXN entry / buy area, for consideration of your open position, in the picture there are limits on take profit, and stop loss.
    ** BUY price + SMA7 penetrates = 19.1583
    take profit = 19.2121 or 19.2382
    Alternatively, you can find the nearest high for take profit
    b.stop loss 19.1291, or wait for the 7th High School to actually break 19.1291
    Alternatively, you can look for the closest LOW that matches MONEY MANAGEMENT for stop loss
    ** SELL NOW OR
    ** SELL price + SMA7 breaks through = 19.1291
    a.take profit = 19.1045 or 19.0778
    alternatively you can find the nearest low to take profit
    b.stop loss 19.1583, or wait for the 7th High School to really break 19.1583
    other alternatives can look for the closest HIGH that matches MONEY MANAGEMENT for stop loss

    USDMXN.eM15.jpg

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  10. #59
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    Given: 28
    USDMXN entry / buy area, for consideration of your open position, in the picture there are limits on take profit, and stop loss.

    ** BUY price + SMA7 penetrates = 19.2084
    a.take profit = 19.2606 or 19.2910 OVERBOUGHT AREA 19.3327
    Alternatively, you can find the nearest high for take profit
    b. stop loss 19.1450, or wait for the 7 SMA to really break 19.1450
    Alternatively, you can look for the closest LOW that matches MONEY MANAGEMENT for stop loss

    ** SELL price + SMA7 breaks through = 19.1450
    take advantage of OVERSOLD AREA 19.0746 and 19.02857
    alternatively you can find the nearest low to take profit
    b.stop loss 19.2084, or wait for the 7th SMA to completely break 19.2084
    other alternatives can look for the closest HIGH that matches MONEY MANAGEMENT for stop loss

    USDMXN.eM15.jpg

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