empty
 
 
08.02.2023 05:21 AM
Technical Analysis of Intraday Price Movements of USD/MXN currency pairs, Wednesday 08 February 2023.

This image is no longer relevant

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 to test the 18,762 level. If this level is able to withstand the downward trend of USD/MXN, this currency pair has the potential to rise again if during a downward correction. there was no significant decline that passed below the 18,672 level where if this level was not broken then USD/MXN would have the potential to rally again up to the 19,213-19,398 area level as the first target and the 19,639-19,900 area level as the second target.

(Disclaimer)

USDMXN
US Dollar vs Mexican Peso
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Start trade
Start trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    THAM GIA CUỘC THI
  • Tiền gửi lần truy cập
    Ký quỹ tài khoản của bạn với $3000 và nhận được $8000 nhiều hơn!
    Trong Tháng 3 chúng tôi xổ $8000 trong chiến dịch Chancy Deposit!
    Có được một cơ hội giành chiến thắng bằng việc ký quỹ $3000 vào một tài khoản giao dịch. Đáp ứng được điều kiện này, bạn trở thành một người tham gia chiến dịch.
    THAM GIA CUỘC THI
  • Giao dịch khôn ngoan, thành công
    Nạp tiền vào tài khoản của bạn với ít nhất $ 500, đăng ký cuộc thi và có cơ hội giành được các thiết bị di động.
    THAM GIA CUỘC THI
  • 100% tiền thưởng
    Cơ hội duy nhất của bạn để nhận 100% tiền thưởng khi gửi tiền
    NHẬN THƯỞNG
  • 55% Tiền thưởng
    Đăng ký tiền thưởng 55% cho mỗi lần gửi tiền của bạn
    NHẬN THƯỞNG
  • 30% tiền thưởng
    Nhận 30% tiền thưởng mỗi khi bạn nạp tiền vào tài khoản của mình
    NHẬN THƯỞNG

Recommended Stories

Technical analysis on Silver for March 28th, 2023.

Silver is trading around $23.19. Short-term trend remains bullish as price continues making higher highs and higher lows. Silver is trading inside an upward sloping channel. Price

Alexandros Yfantis 19:48 2023-03-28 UTC+2

March 28, 2023 : EUR/USD Intraday technical analysis and trading plan.

Intensive bullish price action was demonstrated around the lower limit of the depicted movement channel. Initial bullish targets around 1.0150 and 1.0500 were already reached. Price action around the key-level

Mohamed Samy 19:21 2023-03-28 UTC+2

March 28, 2023 : GBP/USD Intraday technical analysis and significant key-levels.

Recently, the GBPUSD bulls failed to record a new high above 1.2200. Instead, a descending high was established around the same price level. Bearish pullback pursued towards the price levels

Mohamed Samy 19:19 2023-03-28 UTC+2

March 28, 2023 : EUR/USD daily technical review and trading opportunities.

The price level of 1.0800 remained a significant resistance level to offer SELL opportunities until the current upside movement was expressed. The next target is located around 1.1000 where

Mohamed Samy 19:18 2023-03-28 UTC+2

Forecast for EUR/USD on March 28. ECB's de Cos: regulator will monitor incoming information more closely

On Monday, the EUR/USD pair rebounded from the 1.0750 level and carried on its upward trend toward the corrective level of 200% (1.0861). The US dollar will benefit from

Samir Klishi 17:29 2023-03-28 UTC+2

Forecast for GBP/USD on March 28, 2023

The GBP/USD pair increased on Monday, and today it came quite near to the level of 1.2342, according to the hourly chart. The US dollar will once more benefit from

Samir Klishi 17:17 2023-03-28 UTC+2

USD/JPY: upside reversal

The USD/JPY pair is trading sideways in the short term between 129.74 and 131.73 levels. It has passed above the downtrend line which represents an upside obstacle

Ralph Shedler 16:43 2023-03-28 UTC+2

USD/CAD: downside continuation below 1.3634

USD/CAD is trading at 1.3658 at the time of writing. It is trading somehow sideways in the short term after dropping below the uptrend line

Ralph Shedler 16:40 2023-03-28 UTC+2

Trading Signal for USD/JPY for March 28 - 29, 2023: sell below 131.25 (4/8 Murray - bearish channel)

Early in the US session, the Japanese Yen is trading around 131.01, making a retracement after reaching a high of around 131.28, the level which coincides with 3/8 Murray (131.25)

Dimitrios Zappas 16:09 2023-03-28 UTC+2

Trading Signal for GOLD (XAU/USD) for March 28 - 29, 2023: buy above $1,957 (6/8 Murray - uptrend)

We can see that gold is trading within an uptrend channel formed since March 17. In case XAU/USD continues to trade above 1,937 (6/8 Murray), any technical correction could

Dimitrios Zappas 15:45 2023-03-28 UTC+2
Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.