USD/MXN: Failure to overcome 17.60 could lead to continuation in downtrend – SocGen

BY admin admin

USD/MXN downtrend has extended after it struggled to overcome the 50-Day Moving Average (DMA) at 18.00 last month (now at 17.60). Economists at Sociét

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

China can still achieve economic growth of above 5% this year – PBOC advisor

<ul><li>China economy can avoid 'Japanification'</li></ul><p>If the headline figure is the official tagline, then you can expect China to somehow "achieve&

Forex

Bitcoin staying below its 100 hour moving average. Bearish bias in the short term.

<p><a href="https://www.forexlive.com/terms/b/bitcoin/">Bitcoin</a> is trading currently at $27,379. The low price reached $27,045. The high price was at $27,998.</p>

Forex

Medium-term forecast for oil, gold, and EURUSD 29.01.2021

I welcome my colleagues! I have made a price forecast for US Crude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest t

Copyright © 2024 | WordPress Theme: Xews Lite