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USD/MXN
USD MXN
- MXN (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDMXN
ISIN:

USD/MXN - 15 min. - Technical analysis published on 09/22/2023 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bearish
Technical indicators
61%
6%
33%
My opinion
Neutral between 17.1809 MXN and 17.2957 MXN
My targets
-
My analysis
The short-term increase on USD/MXN remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 17.2957 MXN. The first support is located at 17.1809 MXN. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

alc7780
This analysis was given by alc7780. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

USD/MXN rating 17.2069 MXN. The price registered a decrease of -0.11% on the session and was between 17.1011 MXN and 17.2346 MXN. This implies that the price is at +0.62% from its lowest and at -0.16% from its highest.

17.1011
17.2346
17.2069

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by USD/MXN:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of USD/MXN indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 15 minutes



An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 15 minutes


Price is back over the pivot point

Type : Bullish

Timeframe : 15 minutes


Momentum indicator is back over 0

Type : Bullish

Timeframe : 15 minutes



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 15 minutes


Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 17.0310 17.0807 17.1812 17.2069 17.2186 17.2496 17.2914
Change (%) -1.02% -0.73% -0.15% - +0.07% +0.25% +0.49%
Change -0.1759 -0.1262 -0.0257 - +0.0117 +0.0427 +0.0845
Level Minor Intermediate Intermediate - Minor Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.926716.996417.111217.180917.295717.365417.4802
Camarilla17.175417.192317.209217.226117.243017.259917.2768
Woodie16.949417.007717.133917.192217.318417.376717.5029
Fibonacci16.996417.066917.110417.180917.251417.294917.3654


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard16.339116.694816.889017.244717.438917.794617.9888
Camarilla16.932116.982517.032917.083317.133717.184117.2345
Woodie16.258516.654416.808417.204317.358317.754217.9082
Fibonacci16.694816.904817.034617.244717.454717.584517.7946


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard15.917216.305416.652917.041117.388617.776818.1243
Camarilla16.798116.865516.933017.000417.067817.135317.2027
Woodie15.896916.295216.632617.030917.368317.766618.1040
Fibonacci16.305416.586416.760117.041117.322117.495817.7768

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 53.80
MACD (12,26,9): -0.0093
Directional Movement: 4.3766
AROON (14): 42.8571
DEMA (21): 17.1272
Parabolic SAR (0,02-0,02-0,2): 17.1054
Elder Ray (13): 0.0159
Super Trend (3,10): 17.1595
Zig ZAG (10): 17.1507
VORTEX (21): 0.9538
Stochastique (14,3,5): 74.80
TEMA (21): 17.1293
Williams %R (14): -12.69
Chande Momentum Oscillator (20): 0.0111
Repulse (5,40,3): 0.1456
ROCnROLL: -1
TRIX (15,9): -0.0120
Courbe Coppock: 0.15
MA7: 17.1244
MA20: 17.1661
MA50: 17.0359
MA100: 17.1957
MAexp7: 17.1386
MAexp20: 17.1407
MAexp50: 17.1606
MAexp100: 17.1660
Price / MA7: +0.48%
Price / MA20: +0.24%
Price / MA50: +1.00%
Price / MA100: +0.07%
Price / MAexp7: +0.40%
Price / MAexp20: +0.39%
Price / MAexp50: +0.27%
Price / MAexp100: +0.24%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on USD/MXN. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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