Saturday 30 July 2016

MXN/USD

My latest bearish signal for the mxn/usd was on 9 July 2016.Since then mxn/usd ratio went down by 1.48%.This week I got a bullish signal for this currency ratio based on the total number of new long contracts opened(16,959) vs. total number of new short contracts opened(6,117) in the last 2 weeks.This means new long contracts opened outnumbered new short contracts opened by almost 3 to 1.Therefore I expect this currency ratio to rise in the coming week(s).Check out my strategy and trackrecord2016 file performance on my free websites:http://futuresandoptions.wix.com/cotswingcharts

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