
USD/MXN Forecast: Dollar Jumps Against the Peso on Thursday – 03 October 2025
USD/MXN tests 18.50 resistance with 50-day EMA and trendline overhead. Failure favors downside toward 18.20, but risk-off flows could spark upside.
USD/MXN tests 18.50 resistance with 50-day EMA and trendline overhead. Failure favors downside toward 18.20, but risk-off flows could spark upside.
USD/CHF holds support, testing 0.80 resistance. A breakout may target 0.81, but failure risks a slide below 0.79. Traders eye EMA and trend shift signals.
USD/CAD pushes toward 1.40 after breaking consolidation. Bulls eye 1.42 if resistance gives way, with 1.39 and 200-day EMA offering strong support.
The British pound failed to hold 1.35, with risks of a drop to 1.34–1.33. Fed rate cuts fuel debate, but dollar demand remains strong in risk-off moves.
The USD/JPY pair builds on the previous day’s recovery from the 100-day Simple Moving Average (SMA) support, around the 146.60-146.55 region, or a two-week low, and gains positive traction for the second consecutive day on Friday.
EUR/USD holds its ground and trades in positive territory, slightly below 1.1750, in the European session on Friday.