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MIG Bank

MIG Bank

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

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USD/CAD - Upward Momentum is Growing

USD/CAD is now increasing. Hourly support is given at 1.2862 (29/07/2015 low). Stronger support can be found at 1.2363 (30/06/2015 low). Resistance lies at 1.3354 (25/08/2015 high). We remain bullish on the pair.

In the longer term, the break of the key resistance at 1.3065 (13/03/2009 high) has indicated increasing buying pressures, which favours further medium-term strengthening. Support can be found at 1.1731 (06/01/2015 low).

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