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MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

Biography

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 broker to obtain a Swiss banking license. Since its foundation in 2003, MIG BANK specializes in online Forex trading and remains a leading Forex broker for clients in more than 120 countries.

  • GBP/USD - Challenging its Recent Highs

    Published 08 May 2015 | viewed 0 times

    GBP/USD is in full breakout mode confirming persistent buying pressure. Strong resistances can be found at 1.5552 (26/02/2015). Hourly support lies can be located at…

  • EUR/GBP - The Resistance at 0.7459 Has Been Broken

    Published 07 May 2015 | viewed 0 times

    EUR/GBP is showing no signs of weakening after minor pullback yesterday breaking its resistance at 0.7459 (09/02/2015 high). As a result, increases the likelihood of…

  • USD/JPY - False Bullish Breakout?

    Published 06 May 2015 | viewed 0 times

    USD/JPY remains weak as long as prices remain below the key resistance at 120.10/20 (declining trendline). A support stands at 119.35 (29/04/2015) high then 118.53.…

  • EUR/USD - Deeper Setback from Recent Highs

    Published 05 May 2015 | viewed 0 times

    EUR/USD has declined sharply after reaching highs at 1.1224. Break of support at 1.1114 calls for a test of key support at 1.1043 (18/03/2015). A…

  • GBP/JPY - Retesting Old Declining Trendline

    Published 04 May 2015 | viewed 0 times

    GBP/JPY is moving toward support which if successful would increases the likelihood of further medium-term strength. Break of declining trend line has improve the short-term…

  • GBP/USD - Minor Correction Underway

    Published 01 May 2015 | viewed 0 times

    GBP/USD has broken the key resistance at 1.5552 (25/02/2015 recovery high) but has failed to hold above it. Yesterday's sharp bearish intraday reversal favors a…

  • EUR/USD - Bullish Momentum is Strong

    Published 30 April 2015 | viewed 0 times

    EUR/USD has breached the resistance at 1.1043 (27/04/2015 high) confirming persistent short-term buying pressures. The break of channel resistance indicates an improving shortterm technical configuration.…

  • EUR/USD - Next Target 1.1043

    Published 29 April 2015 | viewed 0 times

    EUR/USD is preparing to challenge consolidation phase. The break of resistance at 1.0927 (27/04/2015 high) indicates an improving short-term technical configuration. A key resistance stands…

  • USD/JPY - Trending Above Key Support at 118.18

    Published 28 April 2015 | viewed 0 times

    USD/JPY continues to consolidate near its key support at 118.18. A break of the resistance at 120.12 (intraday high, see also the declining trendline) is…

  • GBP/USD - Challenging a Key Resistance Area

    Published 27 April 2015 | viewed 0 times

    GBP/USD is challenging the key resistance area between 1.5137 (09/03/2015 high) and 1.5166 (see also the declining trendline). Hourly supports can be found at 1.5028…

  • GBP/JPY - Monitor The Key Resistance at 181.07

    Published 24 April 2015 | viewed 0 times

    GBP/JPY is rising towards its key resistance at 181.07 (see also the declining trendline). Hourly supports can be found at 179.32 (23/04/2015 low) and 178.47…

  • USD/CHF - Improving

    Published 23 April 2015 | viewed 0 times

    USD/CHF has bounced sharply near the key support area between 0.9491 and 0.9450 (see also the 38.2% retracement). Hourly resistances can now be found at…

  • GBP/JPY - Moving Above its 200-Day Moving Average

    Published 22 April 2015 | viewed 0 times

    GBP/JPY has bounced near the key support at 175.51. Prices are now moving above the 200- day moving average and challenging the resistance at 179.30.…

  • AUD/USD - Pickup in Selling Pressures

    Published 21 April 2015 | viewed 0 times

    AUD/USD declined sharply yesterday, indication an exhaustion of the short-term buying interest. The hourly support 0.7732 has been broken. Hourly support can now be found…

  • EUR/CHF - Moving Lower

    Published 20 April 2015 | viewed 0 times

    USD/CHF is challenging the key support area between 0.9491 and 0.9450 (see also the 38.2% retracement). Hourly resistances can be found at 0.9585 (17/04/2015 high)…

  • USD/JPY - Challenging The Support at 118.72

    Published 17 April 2015 | viewed 0 times

    USD/JPY has weakened and is now challenging the support at 118.72. Hourly resistances can be found at 199.75 and 120.12 (intraday high). A key support…

  • USD/CAD - Multi-Month Consolidation Broken to The Downside

    Published 16 April 2015 | viewed 0 times

    USD/CAD has broken to the downside out of its multi-month consolidation phase. A support can be found at 1.2047 (intraday low). Hourly resistances stand at…

  • EUR/USD - Weak Bounce Thus Far

    Published 15 April 2015 | viewed 0 times

    EUR/USD bounced yesterday. However, the resistance implied by the 38.2% retracement (1.0718) has held thus far. As a result, a further decline towards the support…

  • EUR/CHF - Pushing Lower

    Published 14 April 2015 | viewed 0 times

    EUR/CHF has broken the key support at 1.0357, confirming persistent selling pressures. Other supports can be found at 1.0184 and 1.0082. Hourly resistances can be…

  • GBP/USD - Making Fresh Multi-Year Lows

    Published 13 April 2015 | viewed 0 times

    GBP/USD has broken the support at 1.4635, confirming increasing selling pressures. A psychological support lies at 1.4500. Hourly resistances can be found at 1.4669 (intraday…