CAD/MXN: A push above 12.95 implies upside risk towards 13.65 – Scotiabank
- ByFXStreet-
CAD/MXN shows signs of a reversal. Economists at Scotiabank analyze the pair’s outlook. Bullish above 12.95 CAD/MXN continues to show signs of develop
Symbol | Exchange | Currency |
|---|
CAD/MXN shows signs of a reversal. Economists at Scotiabank analyze the pair’s outlook. Bullish above 12.95 CAD/MXN continues to show signs of develop
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Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Strong Sell | Neutral | Strong Buy | Sell |
| Technical Indicators | Sell | Strong Sell | Strong Sell | Strong Buy | Strong Sell |
| Summary | Strong Sell | Strong Sell | Sell | Strong Buy | Strong Sell |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Inverted Hammer | 1H | Current | |||
| Completed Patterns | |||||
| Engulfing Bullish | 30 | 2 | Sep 26, 2023 23:00 | ||
| Three Outside Up | 15 | 3 | Sep 26, 2023 23:15 | ||
| Engulfing Bullish | 15 | 4 | Sep 26, 2023 23:00 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Tuesday, 26 September 2023 | ||||||
| 22:30 | CAD | 1.00% | 1.60% | |||
| Wednesday, 27 September 2023 | ||||||
| 22:00 | MXN | -0.881B | ||||
| 22:00 | MXN | 0.532B | ||||
Bank of Canada(BOC) | ||
| Current Rate | 5.00% | |
| Central Bank Governor | Tiff Macklem |
Bank of Mexico(BdeM) | ||
| Current Rate | 11.25% | |
| Chairman | Victoria Rodriguez Ceja |