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USD/MXN - US Dollar Mexican Peso

Real-time Currencies
Currency in
MXN
Disclaimer
17.2099
+0.0149(+0.09%)
Real-time Data

USD/MXN Discussions

are we going long now
Im a buyer hhere , also long dow jones and short crude oil
Might make a daily close above 18. Supports are 17.73 and 17.58 should it close below the 18 level.
And 17.92 acted as a support
I take that back, super peso kinda strikes back, but we're seeing some major resistance in the high 17's to low 18's range
"super peso" stirkes back
Return to 18 complete. Will sell 18,50 range and buy 17.98. Only fear is being short at 18.50 and we test 19…
I see this thing trading sideways between high 17's and low 18's unless something major happens that causes the markets to panic.
guess we won´t see anything but the 18.50-18.00 range for a while until war settles...
It could go to 17.90 tomorrow.
Peso continuing its move back to 18.
Next support is 17.95 if it breaks the 18 barrier, followed by 17.73
But as we've seen recently, 18 is acting as a strong support
Is ONS Sappy Big payaso🤡 still here? I bet he-she is at the Monte de Piedad right about know…
Ok... some of you might not have seen this, but while DXY has climbed 1.19%, this pair has gone up 7.19%. The Mexican government will find difficult to sell bonds. I pity those that bought Pesos looking to get 11%... in one month their money has lost 7% out of that 11% and more losses are incoming. Just see. Fun times.
The peso was simply overvalued when the pair dropped below 17 during the summer, and that's why it couldn't continue past the YTD low of 16.62 and instead traded sideways between 16.70 and 17 for much of August.
I was referring to data from the last four weeks. Since August the increase has been higher like you say.
An it was the Hedge Program, but the approval of the proposed government budget for 2024 followed.
Possible retrace to 18 tomorrow
Or it could break the October high of 18.41 and set a new high of 18.50. Once that's cleared, 19.00 is the next resistance level, then the YTD high of 19.50, and if broken, it could go back to the 20 pesos per dollar level, which was last seen a year ago.
I actually think the pair might continue going up tomorrow assuming tomorrow's numbers from Mexico continue decresing. And Fed Mester is rather hawkish. We have a very light econmic calendar tomorrow.
I'm still waiting for the 17.10 resistance that Anguz Beef predicted... LOL
Or the 15 that ONS Invesfool prophetized!
waiting to sell this again
Or if bears regain control, key supports are as follows: 18.10, 18.00, 17.80, 17.75, 17.50, 17.34 (September 30 low), 17.00, 16.62 (2023 YTD low), 16.50, 16.33 (October 2015 low), 16.00
Next up is the October high of 18.41, after that the 18.50 mark, followed by 19
target is 18.50 by end of 2023
Some even project 19.50 by the end of the year
Interesting how today, it spiked to 18.08, went down to 17.87 and then back up and closed at 18.01. I think a factor causing the dip was US officials looking to ease tensions in the Middle East.
Looks like there's strong resistance in the 18 area. It briefly goes down towards 17.9 but doesn't take long to recover.
And now it's at 18.26
1 expect USD/MXN to hold 18
Going down again, next resistance at 17.10
Are you serious?
Dolar and oil downing
short term go up, then will down all the way
I expecting price keep going up, but checking several news we may expect a little drop in a priceLets see whats going to happen.
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