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Forex
USDMXN

US Dollar / Mexican Peso

The dollar against the peso, closely tied to US-Mexico trade and rate differentials.

17.2881-0.19%

Price · last 3 months

Live · ECB

Market trend

Bearish

78/100 confidence

US Dollar / Mexican Peso is clearly bearish on this timeframe.

Confidence measures how much the indicators agree with each other. It is not a probability that a trade will be profitable.

Signals behind this

  • Price vs long-term averagebearish
  • EMA 20 vs EMA 50neutral
  • MACD momentumbearish
  • RSI (14)bearish
  • Bollinger positionbearish
  • Market structurebearish

Key levels

  • 17.6389+2.03%
Price17.2881
  • 17.1988-0.52%

7.7%annualised · normal

Volatility is around its normal level for this market — no particular warning signal from the range itself.

How this developed

Major moves, trend changes, level breaks and news for this window, newest first.

  • Dropped 0.29% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (0.25%).

    2d ago

  • Medium-term trend turned bearish

    Trend change

    The 20-period average crossed below the 50-period average — the same signal behind this page's trend verdict.

    2d ago

  • Dropped 0.43% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.7× its typical daily range (0.25%).

    6d ago

  • Dropped 0.55% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.8× its typical daily range (0.31%).

    15d ago

  • Dropped 0.40% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (0.33%).

    21d ago

  • Jumped 0.87% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.2× its typical daily range (0.40%).

    28d ago

  • Dropped 0.63% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.7× its typical daily range (0.37%).

    Jul 3

  • Medium-term trend turned bullish

    Trend change

    The 20-period average crossed above the 50-period average — the same signal behind this page's trend verdict.

    Jun 29

  • Dropped 0.70% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.8× its typical daily range (0.40%).

    Jun 26

  • Jumped 0.76% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.9× its typical daily range (0.40%).

    Jun 24

  • Jumped 0.89% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.4× its typical daily range (0.37%).

    Jun 23

  • Jumped 1.05% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.9× its typical daily range (0.36%).

    Jun 18

  • Dropped 0.96% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.6× its typical daily range (0.37%).

    Jun 12

  • Dropped 0.50% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (0.32%).

    Jun 11

  • Jumped 0.56% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.8× its typical daily range (0.31%).

    Jun 10

  • Jumped 0.82% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.7× its typical daily range (0.30%).

    Jun 8

  • Jumped 0.40% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.2× its typical daily range (0.34%).

    May 28

  • Jumped 1.02% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.4× its typical daily range (0.43%).

    May 15

  • Dropped 1.04% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 2.1× its typical daily range (0.50%).

    May 6

  • Jumped 0.67% in one bar

    Price move

    A genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (0.49%).

    Apr 30

Showing the 20 most recent of 22 events in this window.

Summary

Writing

Technical indicators

Computed from 90 bars over the last 3 months.

17.4225 / 17.4312

bearish

The 20-period average has crossed below the 50-period average — sellers have had the upper hand and rallies have been sold into.

37.4

bearish

At 37 momentum is in the normal band — neither stretched nor exhausted, so RSI is not arguing for a reversal in either direction.

-0.02385

bearish

MACD sits below its signal line — short-term momentum has rolled over relative to the medium-term trend, which typically precedes or confirms a pullback.

Not published

neutral

The data source for US Dollar / Mexican Peso publishes prices but not traded volume, so there is no participation figure to read. That is a gap in the data, not a quiet market — treat any conclusion that would depend on volume as unsupported here.

0.0429 (0.25%)

neutral

The market has been moving about 0.0429 per bar, or 0.25% of price. This is the number position sizing and stop placement should be built around — a stop tighter than this will be hit by ordinary noise.

Two ways this could go

Both paths are shown with equal weight. Neither is a prediction.

Potential bullish scenario

Trigger
A daily close above 17.6389 on above-average volume
If it fires
17.9917 as the next area where sellers have previously stepped in
Invalidation
A move back below 17.1988 would void this idea

If buyers can absorb the supply sitting at 17.6389 and hold above it into a close, the path of least resistance opens toward 17.9917. This would be counter-trend, so it needs stronger confirmation than usual — a single spike through the level is not enough. Given the market is moving roughly 0.0429 per bar, allow at least that much room before treating a wick through the level as a real breakout.

Potential bearish scenario

Trigger
Losing 17.1988 and failing to reclaim it
If it fires
16.8548, the next level where buyers previously defended
Invalidation
Reclaiming 17.6389 would void this idea

If 17.1988 gives way and the market cannot recover it quickly, the next obvious area of interest is 16.8548. This aligns with the prevailing trend, which makes it the higher-probability of the two paths here. With volatility contained, expect the move to develop over several bars rather than in one impulse.

Trading risks

  • This analysis reads price history. It cannot anticipate news, and markets reprice on news faster than any indicator updates.
  • Central bank speakers can reprice the whole curve in seconds, and FX gaps over weekends.
  • Leverage is typically highest in FX, so ordinary moves produce outsized account impact.

Key events to watch

  • Central bank rate decisions and the accompanying statement language
  • Monthly inflation (CPI) and employment releases for both currencies in the pair
  • Scheduled speeches from voting policy committee members

What actually drives US Dollar / Mexican Peso: Banco de México policy, US-Mexico trade flows, emerging-market risk appetite.

This analysis is educational and should not be considered financial advice. It is generated from historical price data and can be wrong. Markets reprice on news faster than any indicator updates. Never risk money you cannot afford to lose.

Generated Aug 4, 09:11 PM · European Central Bank reference rates, published once per business day.