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MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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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.

  • USD/JPY - Pushing Higher

    Published 11 February 2015 | viewed 0 times

    USD/JPY has broken the resistance implied by its declining channel, confirming an improving technical structure. A test of the resistance area between 120.83 and 121.85…

  • EUR/CHF - Fading Near The Key Resistance at 1.0600

    Published 10 February 2015 | viewed 0 times

    EUR/CHF is recovering after its recent massive sell-off. The key resistance at 1.0600 has held thus far. The break of the hourly support at 1.0466…

  • USD/JPY - Challenging its Declining Channel

    Published 09 February 2015 | viewed 0 times

    USD/JPY has broken the key resistance at 118.87 and is now challenging the resistance implied by its declining channel (around 119.22). A break to the…

  • GBP/USD - Bullish Breakout of The Key Resistance at 1.5274

    Published 06 February 2015 | viewed 0 times

    GBP/USD has broken the key resistance at 1.5274 (06/01/2015 high). Even if the declining trendline remains thus far intact, further strength towards the resistance at…

  • GBP/JPY - Base Formation Likely Underway

    Published 05 February 2015 | viewed 0 times

    GBP/JPY is likely forming a base near the key support at 175.85. A break of the resistance at 179.43 (27/01/2015 high, see also the declining…

  • USD/CAD - Trying to Bounce Near The Key Support at 1.2314

    Published 04 February 2015 | viewed 0 times

    USD/CAD further declined yesterday, confirming increasing selling pressures. Monitor the key support at 1.2314. Hourly resistances can be found at 1.2558 (02/02/2015 low) and 1.2644.…

  • GBP/USD - Remains Close to The Strong Support at 1.4814

    Published 03 February 2015 | viewed 0 times

    GBP/USD needs to break the key resistance at 1.5274 (06/01/2015 high) to improve the shortterm technical structure. A support stands at 1.4952 (23/01/2015 low), while…

  • EUR/CHF - Challenging The Key Resistance at 1.0600

    Published 02 February 2015 | viewed 0 times

    EUR/CHF is recovering after its recent massive sell-off. The key resistance at 1.0600 (intraday high) is challenged. Other resistances can be found at 1.0675 (61.8%…

  • Silver - Monitor The Key Support at 16.55

    Published 30 January 2015 | viewed 0 times

    Silver declined sharply yesterday. Prices are now close to the key support at 16.55 (see also the rising channel), suggesting a potential bounce. Hourly resistances…

  • AUD/USD - Making New Lows

    Published 29 January 2015 | viewed 0 times

    AUD/USD is making new lows, confirming an underlying bearish trend. The short-term technical structure is negative as long as prices remain below the hourly resistance…

  • AUD/USD - Bouncing

    Published 28 January 2015 | viewed 0 times

    AUD/USD is bouncing. However, the shortterm technical structure is negative as long as prices remain below the hourly resistance at 0.8054 (23/01/2015 high). Another resistance…

  • EUR/CHF - Rumors of FX Intervention

    Published 27 January 2015 | viewed 0 times

    EUR/CHF is digesting the recent massive selloff. Todays move halts succession of lower highs suggests increasing selling pressures. However, bullish move to 1.0385 has already…

  • Silver - Monitor The Test of The Hourly Support at 17.92

    Published 26 January 2015 | viewed 0 times

    Silver has recently been unable to post higher highs, suggesting a weakening short-term bullish momentum. Monitor the test of the hourly support at 17.92, as…

  • AUD/USD - Making 5-Year Lows

    Published 24 January 2015 | viewed 0 times

    AUD/USD has broken the support at 0.8035, making 5-year lows. The short-term technical structure is negative as long as prices remain below the resistance at…

  • EUR/CHF - Increasing Selling Pressures

    Published 22 January 2015 | viewed 0 times

    EUR/CHF is digesting the recent massive selloff. The recent succession of lower highs suggests increasing selling pressures. An hourly support lies at 0.9848, while a…

  • USD/CAD - Pushing Above The 1.2000 Psychological Threshold

    Published 21 January 2015 | viewed 0 times

    USD/CAD moved significantly higher yesterday, breaking the psychological resistance at 1.2000. Hourly supports now lie at 1.2047 (16/01/2015 high) and 1.1935 (19/01/2015 low). In the…

  • Silver - Challenging The Key Resistance at 18.00

    Published 20 January 2015 | viewed 0 times

    Silver has broken the key resistance area between 17.32 (10/12/2014 high) and 17.41 (28/10/2014 high). Monitor the test of the resistance at 18.00. Another key…

  • EUR/USD - Trying to Bounce

    Published 19 January 2015 | viewed 0 times

    EUR/USD has broken the key support at 1.1640 and has moved below the psychological support at 1.1500. As a result, the recent strength is seen…

  • EUR/CHF - EUR/CHF is Again a Free-Floating Currency

    Published 16 January 2015 | viewed 0 times

    EUR/CHF has collapsed after the SNB removed the floor at 1.20000. The subsequent sell-off has stopped at 0.8517, which should act as a support in…

  • EUR/USD - Remains Weak

    Published 15 January 2015 | viewed 0 times

    EUR/USD rebounded after moving below the support at 1.1754 yesterday. However, the shortterm succession of lower highs (see declining trendline) continues to favour a bearish…

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