MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• USD/CHF - A Double-Bottom Has Been Validated

  Published 10 April 2015 | viewed 0 times

  USD/CHF has broken the resistance at 0.9757, validating a double-bottom formation. The implied upside potential is given by 1.0023. Hourly resistances can be found at…

• Silver (in USD) - Short-Term Double-Top Validated

  Published 09 April 2015 | viewed 0 times

  Silver has broken the support at 16.45, validating a double-top formation with an implied downside risk at at 15.62. Hourly supports can be found at…

• USD/JPY - Failing to Hold Above The Resistance at 120.37

  Published 08 April 2015 | viewed 0 times

  EUR/USD has improved. However, the key resistance area between 1.1043 and 1.1114 remains intact. Hourly supports now lie at 1.0864 (03/04/2015 low) and 1.0713. USD/JPY…

• EUR/USD - The Resistance at 1.1043 Remains Intact

  Published 07 April 2015 | viewed 0 times

  EUR/USD has improved. However, the key resistance area between 1.1043 and 1.1114 remains intact. Hourly supports now lie at 1.0864 (03/04/2015 low) and 1.0713. In…

• EUR/CHF - The Support at 1.0414 Has Been Breached

  Published 02 April 2015 | viewed 0 times

  EUR/CHF has breached the support at 1.0414, confirming the succession of lower highs and lower lows since mid-February. A key support stands at 1.0357. Hourly…

• AUD/USD - Challenging its Recent Lows

  Published 01 April 2015 | viewed 0 times

  AUD/USD is close to the support area between 0.7591 (18/03/2015 low) and 0.7561 (11/03/2015 low). Hourly resistances for a bounce are given by 0.7665 and…

• USD/CHF - Rising Towards The Resistance at 0.9812

  Published 31 March 2015 | viewed 0 times

  USD/CHF continues to bounce as can be seen by the break of the hourly resistance at 0.9695. However, a break of the resistance at 0.9812…

• AUD/USD - Sliding

  Published 30 March 2015 | viewed 0 times

  AUD/USD continues to weaken after its failure to break the key resistance at 0.7913. The support at 0.7764 has been broken and the extension below…

• EUR/USD - Fading Near The Key Resistance at 1.1043

  Published 27 March 2015 | viewed 0 times

  EUR/USD has weakened near the key resistance area between 1.1043 and 1.1114. Hourly supports can be found at 1.0768 and 1.0613. An hourly resistance now…

• USD/JPY - Bearish Breakout of The Key Support at 119.30

  Published 26 March 2015 | viewed 0 times

  USD/JPY has broken the key support at 119.30 (see also the rising trendline). A support now stands at 118.18 (61.8% retracement). Hourly resistances can be…

• GBP/USD - Monitor The Support Area Around 1.4839

  Published 25 March 2015 | viewed 0 times

  GBP/USD has thus far successfully tested the hourly support area around 1.4839 (see also the rising trendline). A decisive break of this zone of support…

• AUD/USD - Moving Higher

  Published 24 March 2015 | viewed 0 times

  AUD/USD continues to improve as can be seen by the bullish breakout of the key resistance at 0.7861 (see also the declining trendline). However, another…

• GBP/JPY - A Bearish Bias Remains Favoured

  Published 23 March 2015 | viewed 0 times

  GBP/JPY remains weak near the support implied by the 200-day moving average (around 178.19). A break of the resistance area between 180.17 and 181.07 is…

• EUR/CHF - Remains in its Declining Channel

  Published 20 March 2015 | viewed 0 times

  EUR/CHF is drifting lower and is now close to the hourly support at 1.0515 (see also the low of the declining channel). Another support can…

• EUR/USD - Remains in its Declining Channel

  Published 19 March 2015 | viewed 0 times

  EUR/USD has moved sharply higher. However, the failure to break the declining channel and the subsequent fall indicate persistent selling pressures. Hourly resistances can be…

• Gold - Monitor The Support Implied by The 2014's Lows

  Published 18 March 2015 | viewed 0 times

  Gold is challenging the key support area between 1143 and 1132. Hourly resistances can be found at 1175 (09/03/2015 high) and 1198 (intraday high). In…

• USD/CHF - Consolidating

  Published 17 March 2015 | viewed 0 times

  USD/CHF is consolidating after its recent sharp rise. Hourly supports can be found at 0.9982 (12/03/2015 low) and 0.9825 (09/03/2015 low), whereas an hourly resistance…

• EUR/USD - Challenging The 1.0500 Threshold

  Published 16 March 2015 | viewed 0 times

  EUR/USD continues its steep decline and is now challenging the 1.0500 psychological support. Hourly resistances can be found at 1.0684 (12/03/2015 high) and 1.0907 (09/03/2015…

• EUR/USD - No Sustainable Buying Interest

  Published 13 March 2015 | viewed 0 times

  EUR/USD's rebound close to the support implied by the recent lows at 1.0495 continues to be unimpressive. Support lie at 1.0336 (31/03/2003 low). Hourly resistances…

• Gold - Bouncing Near The Support at 1147.72

  Published 12 March 2015 | viewed 0 times

  Gold has bounced near recent lows at 1147.72. The declining trend-line continues to favor a bearish bias. A key support can be found at 1132…