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2022年迪拜Forex Expo获颁赠
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荣获Global Forex Awards 2022 — 零售外汇 颁赠
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CFI.co于2022年颁赠
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CFI.co于2022年颁赠
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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World Finance Magazine 颁赠
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荣获2022年City of London Wealth Management Awards
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荣获Global Forex Awards 2022 — 零售外汇 颁赠
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2021年迪拜外汇博览会获颁赠
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Ultimate Fintech 2021年颁赠
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荣获2021年City of London Wealth Management Awards
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荣获Global Business Awards 2020
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荣获2020年City of London Wealth Management Awards
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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CFI.co于2021年颁赠
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CFI.co于2021年颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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World Finance 2021颁发
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Global Forex Awards颁赠
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Global Forex Awards颁赠
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World Finance Magazine 颁赠
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2021年迪拜外汇博览会获颁赠
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Ultimate Fintech 2021年颁赠
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荣获2021年City of London Wealth Management Awards
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荣获Global Business Awards 2020
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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荣获2019年City of London Wealth Management Awards
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Shares Magazine 授予 UK Forex Awards 2018
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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2017年伦敦财富管理奖
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中东和北非地区(MENA)增长最快的经纪商
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Capital Finance International Magazine (CFI.co) 2024年颁赠
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CFI.co于2023年颁赠
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CFI.co于2023年颁赠
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2022年迪拜Forex Expo获颁赠
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2022年迪拜Forex Expo获颁赠
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荣获Global Forex Awards 2022 — 零售外汇 颁赠
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CFI.co于2022年颁赠
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CFI.co于2022年颁赠
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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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交易社区平台FOLLOWME于2021年颁赠
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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CFI.co于2021年颁赠
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CFI.co于2021年颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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荣获Global Forex Awards 2021 — 零售外汇 颁赠
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World Finance 2021颁发
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World Finance 2021颁发
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Global Forex Awards颁赠
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Global Forex Awards颁赠
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CFI.co于2020年颁赠
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荣获Global Business Awards 2020
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World Finance Magazine 颁赠
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World Finance Magazine 颁赠
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Global Forex Awards颁赠
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FinTech Age Awards颁发
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2016年最佳黄金经纪商
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2015最佳外汇交易平台
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2013最佳创新外汇平台奖
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2020年 Cyprus HR Awards 颁赠
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金融行业的佼佼者
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认证最优金牌级别
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2014年首届亚军
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Finance Magnates 颁发
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COLWMA 2024年颁赠
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荣获2023年City of London Wealth Management Awards
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荣获2022年City of London Wealth Management Awards
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CFI.co于2022年颁赠
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2021年迪拜外汇博览会获颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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Shares Magazine 授予 UK Forex Awards 2018
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2017年伦敦财富管理奖
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2014年最佳外汇科技提供商
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【XM Market Analysis】--USD/MXN Analysis: Return of Highs as Anxiety Escalates about Outlook
Risk Warning:
The purpose of information release is to warn investors of risks and does not constitute any investment advice. The relevant data and information are from third parties and are for reference only. Investors are requested to verify before use and assume all risks.
Hello everyone, today XM Forex will bring you "【XM Market Analysis】--USD/MXN Analysis: Return of Highs as Anxiety Escalates about Outlook". I hope it will be helpful to you! The original content is as follows:
- The USD/MXN is trading a trace below the 20.80000 level as the currency pair has returned to its upper levels.
- Friday’s buying of the USD/MXN and early this morning’s results shows a clear challenge to values traversed since the first week of November 2024.
- Nervousness in global financial institutions has become rather anxiety packed, and retail traders should be careful about betting against the upwards movement in the near-term.
Yes, important technical resistance levels are clearly in evidence when a three month chart is glanced, but there are no guarantees this time around that the USD/MXN will not produce another spike upwards. Friday’s jobs numbers from the U.S were stronger than expected and this has cemented the notion among traders the Federal Reserve is going to remain cautious about interest rate policy over the mid-term.
Resistance Levels and USD/MXN Wagers
Technical traders who have bias and believe the Mexican Peso is clearly overbought should recohttps://www.xmcnglobal.comnsider their outlooks and not be so eager to bet against the higher price range being demonstrated for the moment. A combination of factors are weighing into USD centric momentum that are causing the apex values, and betting against U.S and Mexico politically loud dialogue, Fed concerns, Trump’s taking power in one week could prove speculatively dangerous.
The U.S will also issue important inflation data tomorrow and on Wednesday via the PPI and CPI statistics. But even if these numbers were to come in weaker than anticipated traders may not want to bet on this causing a sudden reversal lower. Yes, before the holiday season got underway the 20.00000 ratio looked like a support level worth wagering on for short-term considerations, but now support around the 20.70000 – 20.63000 levels must be broken first, followed by selling which produces lows near 20.50000 again. Global nervousness in Forex may keep the USD/MXN higher than many believe the currency should be valued.
Near-Term USD/MXN Considerations
Not only are financial institutions nervous about the overall strength of the USD, but they also are fully aware President-elect Trump will take office in one week. There has been back and forth rhetoric from the Mexican President and Trump the past handful of days, this will not be looked upon as constructive positively for the Mexican Peso in the near-term by financial institutions.
- Wagering on lower trends to emerge suddenly in the USD/MXN may feel tempting, but speculators should be careful about betting against the nervous trend short-term.
- Careful risk taking tools should be used and volatility in the USD/MXN over the next few days will likely be seen.
USD/MXN Short Term Outlook:
- Current Resistance: 20.79200
- Current Support: 20.78400
- High Target: 20.82900
- Low Target: 20.72500
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