• USD/MXN edged lower on Friday as the Mexican peso gained strength, driven by market optimism surrounding a potential U.S.-China trade deal.
•Heading into the weekend, there is a sense of optimism surrounding the upcoming U.S.-China trade talks, largely fueled by positive rhetoric from the Trump administration.
• The possibility of a de-escalation in the U.S.-China trade war added a layer of risk appetite, boosting emerging market currencies like Mexican peso.
• On April 2, Trump imposed 10% "reciprocal tariffs," sparing most nations but targeting China with 145% levies, sparking a prolonged trade battle that shook markets and disrupted supply chains.
• At GMT 16:38, the pair was trading down 0.18% at 19.497.
• Immediate resistance is located at 19.674(38.2%fib), any close above will push the pair towards 19.789(May 6th high).
• Support is seen at 19.457(23.6%fib) and break below could take the pair towards 19.277(Lower BB).
Recommendation: Good to sell around 19.500, with stop loss of 19.800 and target price of `19.250


FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely
FxWirePro:EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
Gold Loses Steam After Strong U.S. Retail Sales
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
CAD/JPY Surges on Broad-Based Canadian Dollar Buying
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD recovers slightly from early decline but bears are not done yet
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/ USD eases as risk sentiment remains fragile 



