• USD/MXN strengthened on Wednesday as the dollar found fresh impetus overnight after robust U.S. consumer confidence data. .
• U.S. consumer confidence rose in May after five months of decline amid a trade truce with China, but concerns about tariffs and economic risks persist.
• The minutes from the U.S. Federal Reserve's May 6–7 policy meeting are scheduled for release today at 2:00 p.m. EDT . These minutes are expected to provide insight into the Fed's decision to maintain the federal funds rate at 4.25%–4.50%, despite escalating concerns over global trade tensions and economic uncertainty.
• Meanwhile, June 1, 2025, Mexico will hold its first-ever judicial elections on Sunday, allowing citizens to vote directly for federal judges, magistrates, and all nine justices of the Supreme Court.
• This landmark shift marks a departure from the traditional appointment system and is part of a broader judicial reform aimed at increasing transparency and public accountability within the legal system.
• Immediate resistance is located at 19454(May 22nd high), any close above will push the pair towards 19.576(38.2%fib).
• Support is seen at 19.188 (23.6%fib) and break below could take the pair towards 19.025(Lower BB).
Recommendation: Good to sell around 19.500 with stop loss of 19.900 and target price of 19.200


Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro- Woodies Pivot(Major)
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/NZD remains bullish as rally continues 



