Friday, October 16, 2026

Technicals

Add as a preferred source on Google

USD/MXN tracks global yields lower, Banxico rate decision ahead

USD/MXN hits new day low < 15.50 as UST-Bunds reverse early losses Banxico expected to hold rate at 3%, growth forecast recently lowered, inflation at target USD/MXN support at 15.49/48 daily pivot/55-HMA, then 100-HMA a…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

Read the original article

  • USD/MXN hits new day low < 15.50 as UST-Bunds reverse early losses
  • Banxico expected to hold rate at 3%, growth forecast recently lowered, inflation at target

  • USD/MXN support at 15.49/48 daily pivot/55-HMA, then 100-HMA  at 15.4509

  • Resistance seen at 15.5925 May 1 high

  • IMF says USD moderately overvalued, says Fed should delay hike to H1 '16

  • HF sellers, tipped above 15.50, gain advantage over RM buyers

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team