USD/MXN United States Dollar / Mexican Peso

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Latest Research

Bank of Canada Preview: When is the BOC looking to raise rates?

October 25, 2021 4:17 PM

With inflation on the rise and a very strong jobs report for September, the Bank of Canada is likely to cut bonds purchases

TAGS: Bank of Canada, , , USD/CAD

Currency Pair of the Week: EUR/CAD

October 25, 2021 11:59 AM

TAGS: BOC, , EUR/CAD, ,

US open: Wall Street opens higher ahead of Facebook earnings, oil jumps

October 25, 2021 9:41 AM

TAGS: , , , ,

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Pivot Points

  • Pivot Point
  • Distance

    Distance

    Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

  • Bid
  • Ask
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Last Updated:

Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
Learn more about Technical Analysis