$USDMXN has been trading lower since the peak at 04.2020. We have been waiting for the area between $15.98-$12.14 to be reached. The pair is important because of the correlation with the $USDX and the implication across...
The $USDX peaked back on 09.29.2022. Since then, the Index has been dropping. The Index is at risk of ending the cycle since the lows back in 2008. This means a huge selling could be happening now....
The Dollar has been in a fantastic rally since its lows in 2008. It is in the process of ending the cycle as an impulse. This article explains the view and why buying commodities in the dips is...
USDMXN has been within a multi-year consolidation. Since 2017 peak the pair did a clear impulse lower which is based on the Elliott Wave Theory. The ideal case will be now that we should see another leg lower....
Back in September 2018, we highlighted that USDMXN Elliott wave analysis suggested bounces should fail below 6.15.2018 peak for extension lower. The bounce did fail below 6.15.2018 peak as pair formed a secondary peak on 12.6.2018 and turned...
