• Home
  • Strategies
  • VPS
  • Education
    • Trading Basics
      • Forex Basics
      • Who Trades Forex and Why?
      • Learn to Trade
    • Top Cryptocurrencies
      • What is Cryptocurrency?
      • The Major Cryptocurrencies Traded Globally
      • Cryptocurrency Liquidity
      • Cryptocurrency Trading Strategies
      • Basic Understanding of Bitcoin
      • Basic Understanding of Ethereum and Its Currency Ether
  • About Us
  • Contact
  • FAQ
  • Glossary
USDMXN Breaks Support Once Again
August 17, 2020
EURUSD Finds New High in Over 2 Years 
August 18, 2020

EURMXN Test Support at 26.03

Published by TradersColo at August 17, 2020
Categories
  • forex
Tags
  • chart patterns
  • eurmxn
  • technical indicators
  • trend analysis
eurmxn-traderscolo
eurmxn daily chart

EURMXN CHART PRICE – EURMXN DAILY

After having a losing week the euro grabbed strength again and did not complete the support breakout, in today’s trading session it has gained more than 200 pips and it looks like it could continue going up, the bollinger bands look wide which means we can expect volatility and the moving averages indicate an uptrend as well, the price trades above the ichimoku cloud and the Relative Strength Index has gone up to 53%. There are many conditions that make us believe that the price could reach the 26.70 levels by the end of the week, make sure you monitor the RSI and make the right decisions when the time comes to close up the long trade.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.

Share
1
TradersColo
TradersColo

Related posts

October 9, 2020

GBPMXN Breaks Support at 26.67


Read more
eurmxn-traderscolo
October 9, 2020

EURMXN Tests Resistance at 25.18


Read more
October 8, 2020

USDMXN Continues Downtrend


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search Strategies

Browse by Asset Class

  • commodities
  • cryptocurrency
  • debt
  • energy
  • equities
  • forex
  • indices
  • precious metals

Recent Articles

  • 0
    GBPMXN Breaks Support at 26.67
    October 9, 2020
  • eurmxn-traderscolo0
    EURMXN Tests Resistance at 25.18
    October 9, 2020
  • 0
    USDMXN Continues Downtrend
    October 8, 2020
  • 0
    BTCUSD Low Volatility
    October 8, 2020
  • 0
    ETHUSD Unable To Break Resistance at 351.48
    October 7, 2020
  • 0
    LTCUSD Low Volatility
    October 7, 2020

Follow Us for Real Time Updates From Our Analysts

  • Facebook
  • Instagram
  • Twitter

Cookies

Privacy Policy

Risk Disclosure

Terms of Use

Follow TradersColo

© 2012 - 2021 Traderscolo. All Rights Reserved.