
USD/MXN Forecast: Trend Remains Bearish – 19 August 2025
The US dollar gains against the Mexican peso near the 50-day EMA, but the downtrend persists with sellers targeting support around 18.50.
The US dollar gains against the Mexican peso near the 50-day EMA, but the downtrend persists with sellers targeting support around 18.50.
High valuations compared to its peers in the sector, a low return on average invested capital, long-term value destruction, and balance sheet issues plague this stock. The uncertainty of BNPL creates another headwind. Should you sell in twin bearish chart patterns?
Gold remains stuck in sideways trade near key levels, with $3,500 resistance and $3,200 support defining the trend as markets await Jackson Hole.
The euro slips toward 1.16 against the dollar, with traders eyeing 1.14 support and 1.18 resistance as rangebound conditions dominate summer trading.
AUD/USD holds steady near 0.6500, but bearish divergence points to a potential decline toward 0.6400 as traders await Fed signals from Jackson Hole.
Bitcoin struggles near $116K as selling pressure builds, with risks of a breakdown toward $112K unless bulls reclaim resistance around $123K.