USDMXN Forecast

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USD/MXN

US Dollar vs Mexican Peso

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USD/MXN Live Price

17.98598
+1.47%
Overview Forecast Technical Historical Data Economic Calendar

USD/MXN Forecast — 20 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

Market participants analyzing USD/MXN are focusing on upcoming economic releases that could influence interest rate expectations and risk appetite. Fundamental sentiment for USDMXN remains sensitive to macroeconomic reports, where stronger economic signals may bolster the currency while weaker indicators could restrain upward movement.

Price Action:

On the Daily (D1) chart, USD/MXN recently closed at 17.16087 following a rebound from lower levels near 16.88027. Recent price action indicates recovery off recent lows toward the upper boundary of the recent trading range.

Key Technical Indicators:

Bollinger Bands: The Daily Bollinger Bands reflect a middle line at 16.99082, an upper band at 17.18711, and a lower band at 16.79454. With the latest close at 17.16087, price action is hovering near the upper band, indicating tested resistance near higher band boundaries.

RSI: The 14-period Relative Strength Index (RSI) is currently positioned at 58.22, placing USD/MXN in neutral-to-bullish territory above the 50 mark without reaching overbought conditions.

MACD: The MACD line stands at a positive 0.001574, operating above the zero threshold. This reading suggests mild upward momentum on the daily timeframe for USD/MXN.

Support and Resistance:

Key daily technical levels for USD/MXN showcase primary support at 16.85067 and resistance at 17.63792.

News to Watch for USDMXN This Week:

  • CB Consumer Confidence: This indicator reflects overall consumer sentiment and economic expectations.
  • JOLTS Job Openings: This metric provides insight into labor market demand and hiring activity.
  • ADP Non-Farm Employment Change: This report measures estimated private sector employment trends.
  • Core PCE Price Index m/m: This inflation measure tracks underlying price changes in consumer spending.
  • Final GDP q/q: This statistic evaluates overall national economic output and growth performance.
  • ISM Manufacturing PMI: This index gauges operational conditions and activity in the manufacturing sector.
  • Average Hourly Earnings m/m: This wage reading indicates labor cost developments and potential inflationary pressures.
  • Non-Farm Employment Change: This key employment dataset reveals net monthly job creation.
  • Unemployment Rate: This figure shows the percentage of the workforce actively seeking employment.

Weekly Outlook and Consideration:

The weekly outlook for USD/MXN presents a balanced technical setup as the pair trades near 17.16087. With the RSI at 58.22 and the MACD at 0.001574, indicators lean mildly positive, keeping price near the upper Bollinger Band of 17.18711. A sustained move higher could test key resistance at 17.63792, while a move lower could see the exchange rate return toward the middle band at 16.99082 or key support at 16.85067.

Disclaimer: The analysis provided for USD/MXN is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

USD/MXN D1 technical analysis chart
USD/MXN D1 Technical Analysis for 09.20.2026

USD/MXN Forecast — 12 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

USD/MXN (USDMXN) dynamics remain influenced by economic data expectations and monetary policy outlooks. Market participants evaluate risk sentiment and yield differentials, which play a central role in driving movements for emerging market currency pairs like the Mexican Peso against the U.S. Dollar.

Price Action:

On the Daily (D1) chart, USD/MXN closed at 16.98227 after rebounding from a daily low near 16.85067. Price action shows a slight recovery back toward the middle of its recent trading range, exiting recent lower extremes.

Key Technical Indicators:

Bollinger Bands: The Bollinger Bands for USD/MXN show a middle line at 16.95878, an upper band at 17.05711, and a lower band at 16.86045. The current price of 16.98227 resides slightly above the middle band, reflecting temporary stabilization within the band range.

RSI: The 14-period RSI is recorded at 45.19, staying in neutral territory below the 50 line and indicating an absence of strong directional momentum or oversold conditions.

MACD: The MACD indicator is currently reading -0.07267, remaining in negative territory to highlight persistent underlying bearish pressure from previous downward swings.

Support and Resistance:

Key technical levels for USD/MXN feature established support at 16.85067 and resistance at 17.66976.

News to Watch for USDMXN This Week:

  • Core Retail Sales m/m: Shifts in consumer demand can influence economic expectations and currency strength.
  • Retail Sales m/m: Retail performance figures provide insights into economic health and consumer behavior.
  • FOMC Economic Projections: Central bank outlooks offer clarity on future monetary policy direction.
  • FOMC Statement: Official monetary policy announcements guide market sentiment and rate expectations.
  • Federal Funds Rate: Interest rate decisions heavily affect currency yield appeal and valuation.
  • FOMC Press Conference: Executive comments may generate volatility across exchange rate pairs.
  • Unemployment Claims: Weekly employment data serves as a measure of labor market conditions.

Weekly Outlook and Consideration:

USD/MXN enters the new week trading at 16.98227, framed between technical support at 16.85067 and resistance at 17.66976. Technical indicators highlight neutral momentum, with RSI at 45.19, MACD at -0.07267, and price holding near the Bollinger middle band of 16.95878. Price action will depend on whether buyers can push toward upper resistance or if sellers force a return toward support.

Disclaimer: The analysis provided for USD/MXN is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

USD/MXN D1 technical analysis chart
USD/MXN D1 Technical Analysis for 09.12.2026

USD/MXN Forecast — 5 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

USD/MXN traders will closely monitor upcoming economic data releases from the United States, including key inflation measures and consumer sentiment indicators. These macroeconomic drivers could influence Federal Reserve policy expectations and alter yield differentials against the Mexican Peso.

Price Action:

On the daily chart, USD/MXN has drifted lower over recent sessions, moving down from the 17.02791 high to close at 16.91427. The sustained downward trajectory reflects persistent bearish pressure as price approaches critical support levels.

Key Technical Indicators:

Bollinger Bands: The daily Bollinger Bands place the middle band at 17.00164, the upper band at 17.12969, and the lower band at 16.87358. With USD/MXN closing at 16.91427, price trades near the lower band, reflecting a downward trajectory and potential volatility expansion if lower boundaries are tested.

RSI: The 14-day Relative Strength Index (RSI) stands at 31.89. Positioned just above the oversold threshold of 30, it underscores firm bearish momentum while leaving room for potential market stabilization or downside continuation.

MACD: The MACD indicator prints a negative value of -0.08485, remaining below the zero line. This signal reflects ongoing momentum in favor of the bears for USD/MXN on the daily timeframe.

Support and Resistance:

Technical levels on the daily chart indicate immediate support near 16.88135, aligning close to the lower Bollinger band. On the upside, resistance is identified at 17.66976, marking a key barrier against potential bullish recovery attempts.

News to Watch for USDMXN This Week:

  • PPI m/m: Measures producer price inflation changes which can affect broader U.S. dollar valuation.
  • Core PPI m/m: Excludes volatile food and energy costs to gauge underlying producer price pressure.
  • Unemployment Claims: Offers weekly insight into U.S. labor market conditions that influence economic sentiment.
  • Core CPI m/m: Provides a key measure of underlying consumer inflation that impacts U.S. monetary policy expectations.
  • CPI y/y: Tracks headline annual consumer inflation trends, providing direction for global risk appetite and dollar strength.
  • Core CPI y/y: Highlights persistent annual inflation pressures excluding food and energy.
  • CPI m/m: Captures monthly shifts in consumer prices that directly influence dollar dynamics.
  • Prelim UoM Inflation Expectations: Assesses consumer long-term inflation outlooks that impact monetary expectations.
  • Prelim UoM Consumer Sentiment: Reflects household confidence and overall U.S. economic strength.

Weekly Outlook and Consideration:

USD/MXN approaches the pivotal 16.88135 support region as bearish indicators like a negative MACD of -0.08485 and an RSI of 31.89 persist. A decisive break below support could push price toward lower territory near the 16.87358 lower Bollinger band, whereas a hold above support might encourage a rebound toward the 17.00164 middle band or key resistance at 17.66976.

Disclaimer: The analysis provided for USD/MXN is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

USD/MXN D1 technical analysis chart
USD/MXN D1 Technical Analysis for 09.05.2026

USD/MXN Forecast — 29 August 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

Macro drivers for USD/MXN (USDMXN) focus on incoming US economic data against broader Mexican Peso dynamics. Major economic releases from the United States regarding labor market performance and manufacturing activity could influence sentiment around the US Dollar and shape the trajectory for the currency pair.

Price Action:

On the daily (D1) chart, USD/MXN recently closed at 16.97498 after declining from higher levels near 17.50 over recent trading sessions. The pair has demonstrated consolidation within a tight lower range, oscillating near the recent trough at 16.88135.

Key Technical Indicators:

Bollinger Bands: USD/MXN is trading below the middle Bollinger band of 17.07468 and approaching the lower Bollinger band of 16.81481. The upper Bollinger band stands at 17.33454, placing current prices in the lower half of the daily channel.

RSI: The 14-day RSI for USD/MXN currently reads 33.82. Positioned just above the 30 threshold, the index reflects ongoing downward pressure without technically entering oversold conditions.

MACD: The MACD indicator for USD/MXN remains in negative territory at -0.10965. This reading below the zero line signals persistent downside momentum on the daily timeframe.

Support and Resistance:

Key technical levels for USD/MXN on the daily chart identify primary support at 16.88135 and primary resistance at 17.66976.

News to Watch for USDMXN This Week:

  • ISM Manufacturing PMI: This snapshot of US factory activity can drive sentiment surrounding the US Dollar.
  • JOLTS Job Openings: Tracking labor demand shifts helps traders gauge broad US economic conditions.
  • ISM Manufacturing Prices: Input cost variations offer insight into emerging inflationary pressures in the US.
  • ADP Non-Farm Employment Change: Early private payroll data can influence expectations for overall US job growth.
  • ISM Services PMI: Performance in the service industry acts as a key barometer for US economic health.
  • Non-Farm Employment Change: Broad US payroll figures frequently trigger significant price movements in currency pairs.
  • Unemployment Rate: The nationwide joblessness percentage provides a direct snapshot of US labor strength.
  • Average Hourly Earnings m/m: Wage inflation tracking informs the market on domestic consumer purchasing power.

Weekly Outlook and Consideration:

The weekly perspective for USD/MXN (USDMXN) highlights persistent downside characteristics following a close at 16.97498. With prices situated below the middle Bollinger band of 17.07468, an RSI of 33.82, and a negative MACD of -0.10965, the pair may continue testing structural support around 16.88135. Conversely, any upside pullbacks could see resistance around 17.66976 as macroeconomic news unfolds.

Disclaimer: The analysis provided for USD/MXN is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

USD/MXN D1 technical analysis chart
USD/MXN D1 Technical Analysis for 08.29.2026

USD/MXN Forecast — 22 August 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

The USD/MXN currency pair remains heavily influenced by incoming macroeconomic indicators and broader market risk sentiment. Investors are closely monitoring key economic data releases from the United States to assess potential central bank policy actions, which could significantly impact the valuation and momentum of USDMXN over the coming trading sessions.

Price Action:

On the daily (D1) chart, USD/MXN has demonstrated a consistent downward trajectory, declining from recent highs around 17.57 toward the 16.94 region. The recent price action shows lower highs and lower lows, culminating in a last daily close at 16.94942, reflecting prevailing selling interest in the market.

Key Technical Indicators:

Bollinger Bands: The Bollinger Bands for USD/MXN highlight strong downside expansion. The middle band sits at 17.19446, while the upper band is positioned at 17.53707 and the lower band at 16.85184. Price action continues to navigate near the lower boundary, reinforcing the current bearish bias on the daily timeframe.

RSI: The 14-period Relative Strength Index (RSI) is currently reading 27.1662, placing the USD/MXN pair in oversold territory below the 30 threshold. While this confirms strong downward movement, it also suggests the potential for momentum stabilization or a short-term correction if buying interest resumes.

MACD: The Moving Average Convergence Divergence (MACD) indicator sits in negative territory with a value of -0.11607. This negative value underscores ongoing bearish momentum, indicating that sellers remain in control of the current market direction for USDMXN.

Support and Resistance:

Key technical levels for USD/MXN reveal immediate support at 16.92928, which aligns closely with recent session lows. On the upside, firm resistance is established at 17.66976, acting as a crucial barrier against any sustained recovery attempts.

News to Watch for USDMXN This Week:

  • CB Consumer Confidence: Measures consumer sentiment and spending prospects that can influence overall USD trends.
  • Core PCE Price Index m/m: Provides crucial inflation data that impacts Federal Reserve interest rate expectations.
  • Prelim GDP q/q: Offers a vital snapshot of quarterly economic performance and growth trends.
  • Prelim GDP Price Index q/q: Measures changes in output prices to indicate broader inflationary pressures.
  • Unemployment Claims: Offers weekly insight into labor market conditions and economic stability.
  • Prelim Benchmark Payrolls Revision: Re-evaluates historical job growth data to provide a clearer picture of employment market strength.

Weekly Outlook and Consideration:

The weekly outlook for USD/MXN remains leaning toward the downside, driven by a negative MACD reading of -0.11607 and price action trading below the middle Bollinger Band of 17.19446. However, with the daily RSI deeply oversold at 27.1662, traders should remain aware of potential pullbacks or consolidation periods. If the support level at 16.92928 breaks, the price may target the lower Bollinger Band at 16.85184, while resistance at 17.66976 continues to limit upside potential.

Disclaimer: The analysis provided for USD/MXN is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

1USD = –––MXN –––% ▼
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