USDMXN: Multi Year Consolidation Should Break Lower

by elliottwave-forecast.com | October 17, 2019 8:11 pm
USDMXN has been within a multi-year consolidation. Since 2017 peak the pair did a clear impulse lower which is based on the Elliott Wave Theory. The ideal case will be now that we should see another leg lower....

USDMXN Bearish Sequence Calling Extension Lower

by elliottwave-forecast.com | March 25, 2019 8:59 pm
Back in September 2018, we highlighted that USDMXN Elliott wave analysis suggested bounces should fail below 6.15.2018 peak for extension lower. The bounce did fail below 6.15.2018 peak as pair formed a secondary peak on 12.6.2018 and turned...