USDMXN Forex Forecast 6th_10th May 2019

USDMXN Forex  Forecast 6th_10th May 2019

⟰ Technical Analysis

Technical Analysis USDMXN 6th_10th May 2019

Technical Analysis USDMXN 6th_10th May 2019
MA200 – H4
Fibo - H4
Trendline - H4
SELL
SELL
SELL

Weekly Forex Forecast and Analysis USDMXN 6th_10th May 2019

USDMXN pair over the next week expect it to descend until you touch the uptrend then climb up to target 19.41 then expect it to go down again and the second target is 18.28

Daily Forex Forecast and Analysis USDMXN 6th_10th May 2019

We will enter the USDMXN immediately after touching the bearish trend and expect next week to go down and then bounce back

The general trend USDMXN 6th_10th May 2019




The USDMXN pair next week will be in a choppy zone so we will enter into long positions then sell on the USDMXN pair
http://www.weekly-daily-analysis.co/2019/05/weekly-forex-forecast-6th10th-may-2019.html

NOTE

We expect the week of 6th to 10th May 2019 to rise to the USDMXN and therefore we will enter the long term trading on the pair, we advise not to rush into the trading and expectations for the next week from 6th to 10th May 2019, you must learn the basics of the Forex market, three tools must be learned before entering into real trades, analysis Technical analysis and psychological analysis, must enter the strong areas and a small loser and a large target and entering the areas of support and resistance and strong demand and supply near the levels of Fibonacci and the moving average 200, the Forex market of serious financial markets must manage the head For money and learn the basics of the Forex market