Trade The World
USD/MXN extends slide after 50-DMA rejection – Société Générale
Par FXStreet Insights Team
Date de publication: 8 Jan 2026 | Date de modification: 8 Jan 2026
POPULAR ARTICLES
USD/MXN has continued to fall after failing to hold above the 50-day moving average, with the pair testing support near 17.85–17.80.
USD/MXN has continued to fall after failing to hold above the 50-day moving average, with the pair testing support near 17.85–17.80. While momentum indicators hint at potential stabilization, a break below current levels could open the door toward the July 2024 lows around 17.60, Société Générale's FX analysts note.
Peso strengthens as pair nears key support
"USD/MXN has extended its decline after failing to establish above the 50-DMA (currently near 18.22). The pair has tested interim projections at 17.85/17.80. While the daily MACD continues to show positive divergence, clear signals of reversal are not yet visible in price action."
"If a short-term bounce occurs, the moving average around 18.22 is likely to act as resistance. Failure to overcome this may lead to continuation in down move. The next objective could be located at the July 2024 lows near 17.60."
FXStreet
Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Read More
