• USD/MXN recovered from an eight-month low on Monday as investor jitters grew following President Donald Trump’s criticism of Federal Reserve Chair Jerome Powell.
• White House adviser Kevin Hassett said Friday that Trump’s team is considering whether they can fire the Fed Chair.
•The remarks about Powell sparked concerns over the Fed’s independence in setting monetary policy and raised doubts about the stability of U.S. assets.
• This added to global market uncertainty, intensifying concerns already fueled by escalating U.S.-China trade tensions following President Donald Trump’s initiation of a trade war.
• At GMT 19:05, the pair was trading up 0.49 percent at 19.736
• Immediate resistance is located at 19.811(38.2%fib), any close above will push the pair towards 19.998(50%fib).
• Support is seen at 19.575(23.6%fib) and break below could take the pair towards 19.453(Lower BB).
Recommendation: Good to buy around 19.800, with stop loss of 20.200 and target price of 19.400


UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro- Major Pair levels and bias summary
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro- Major Crypto levels and bias summary
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro- Major European Indices
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 



