USD/MXN bounces from recent lows – Société Générale

USD/MXN has rebounded after touching 18.20, but the pair faces resistance at the 50-DMA and descending trend line near 18.40, leaving upside momentum uncertain, Société Générale's FX analysts note.

Daily MACD shows positive divergence

"USD/MXN has experienced a bounce after briefly breaching the lower limit of recent consolidation at 18.20. While the daily MACD continues to show positive divergence, clear signals of a large bounce are yet to emerge. A series of higher peaks and troughs is still lacking in price action on the daily timeframe chart."

"The 50-DMA near 18.40, which is also the descending trend line drawn since April is first resistance. Inability to establish beyond this hurdle may denote risk of extension in decline."

Dec 9, 2025

GBP/JPY Price Forecast: Pound rallies to long-term highs above 208.11

The Yen is suffering on Tuesday, in the aftermath of a 7.5-magnitude earthquake in Japan. JPY weakness has boosted the GBP/JPY to breach the resistance area at 207.35 and the 2024 high at 208.11 to reach its highest levels since 2008.

USD/JPY retreats from 156.40 as BoJ’s Ueda reiterates interest rate hike plans

The USD/JPY pair gives up some of its intraday gains after posting an intraday high around 156.40 during the European trading session on Tuesday. Still, the pair is 0.12% higher at around 156.10.