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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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Silver - Pushing Higher

Silver is entering a bullish momentum. Hourly resistance at 15.66 (21/08/2015 low) has been broken. Hourly support is given at 13.98 (24/07/2015 low). Expected growing upside momentum. The pair will likely settle above the 200 DMA.

In the long-term, the break of the major support area between 18.64 (30/05/2014 low) and 18.22 (28/06/2013 low) confirms an underlying downtrend. The strong support at 14.66 (05/02/2010 low) has been broken and prices have then consolidated. A key resistance stands at 18.89 (16/09/2014 high).

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