MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• EUR/GBP - Challenging The Key Support at 0.7755

  Published 14 January 2015 | viewed 0 times

  EUR/GBP is challenging its strong support at 0.7755. Another strong support stands at 0.7694 (20/10/2008 low). Resistances can now be found at 0.7831 (12/01/2015 high)…

• Gold - Rising Towards its Key Resistance at 1255

  Published 13 January 2015 | viewed 0 times

  Gold has broken its declining trendline, suggesting a longer rebound. Monitor the key resistance at 1255 (see also the 200-day moving average). Supports can now…

• EUR/JPY - Challenging its 200-Day Moving Average

  Published 12 January 2015 | viewed 0 times

  EUR/JPY has broken the key support area between 141.70 (see also the 50% retracement) and 141.23, confirming persistent selling pressures. Despite the key support at…

• AUD/USD - Monitor The Resistance at 0.8158

  Published 09 January 2015 | viewed 0 times

  AUD/USD has recently stabilised near the strong support at 0.8067/0.8035. A break of the hourly resistance at 0.8158 would improve the short-term technical structure. Another…

• EUR/USD - Making Fresh 9-Year Lows

  Published 08 January 2015 | viewed 0 times

  EUR/USD has broken its support at 1.1877 (07/06/2010 low), confirming a strong bearish momentum. Another key support now lies at 1.1640. Hourly resistances can be…

• USD/CAD - Rising Towards 1.2000

  Published 07 January 2015 | viewed 0 times

  USD/CAD has broken the strong resistance at 1.1725, opening the way for further mediumterm strength. The hourly resistance at 1.1844 (05/01/2015 high) is challenged, suggesting…

• GBP/JPY - Challenging The Key Support at 181.13

  Published 06 January 2015 | viewed 0 times

  GBP/JPY has declined sharply and is now challenging the key support at 181.13 (see also the 38.2% retracement). Hourly resistances can be found at 182.71…

• EUR/USD - Challenging its 2010 Lows

  Published 05 January 2015 | viewed 0 times

  EUR/USD continues to decline. The strong support at 1.2043 has been broken and the one at 1.1877 is challenged. Resistances for a shortterm bounce are…

• Gold: Bearishness Persists

  Published 24 December 2014 | viewed 0 times

  Gold has fallen below support at 1186. Indicating that recent succession of lower highs suggests persistent selling pressures. An hourly resistance lies at 1185 (23/12/2014…

• EUR/USD - Choppy Holiday Trading

  Published 23 December 2014 | viewed 0 times

  EUR/USD has declined further below support at 1.2247 to 1.2217(yearly new low). Resistance for a temporary recovery bounce can be found at 1.2273 (20.12.2014 old…

• EUR/USD - Hits Two-Year Low

  Published 22 December 2014 | viewed 0 times

  EUR/USD has declined further to its support at 1.2247. Hourly resistances for a temporary recovery bounce can be found at 1.2375 (intraday high, previous support)…

• EUR/CHF - Digesting its Recent Sharp Rise

  Published 19 December 2014 | viewed 0 times

  USD/CHF is consolidating below the key resistance area defined by 0.9818 and 0.9839. Hourly supports stand at 0.9759 (intraday low) and 0.9722. From a longer…

• EUR/USD - Declining Towards its Recent Lows

  Published 18 December 2014 | viewed 0 times

  EUR/USD has declined sharply near the resistance area between 1.2577 (04/11/2014 high) and 1.2600, indicating renewed selling pressures. A support stands at 1.2247. Hourly resistances…

• EUR/USD - The Key Resistance at 1.2577 is Intact

  Published 17 December 2014 | viewed 0 times

  EUR/USD moved higher towards the key resistance area between 1.2577 and 1.2600 yesterday. The short-term upside potential is likely limited by these resistances. Hourly supports…

• USD/CAD - Approaching The Key Resistance at 1.1725

  Published 16 December 2014 | viewed 0 times

  USD/CAD has recently increased its rate of ascent and is now close to the key resistance at 1.1725. Hourly supports now stand at 1.1605 (intraday…

• Silver - Weakening

  Published 15 December 2014 | viewed 0 times

  Silver is showing some signs of weakness near the resistance at 17.41, as can be seen by the break of the hourly support at 16.93…

• USD/CAD - Making New Highs

  Published 12 December 2014 | viewed 0 times

  USD/CAD continues to move in a succession of higher highs and higher lows, confirming an underlying bullish trend. Hourly supports now stand at 1.1449 (11/12/2014…

• AUD/USD - Monitor The Resistance at 0.8372

  Published 11 December 2014 | viewed 0 times

  AUD/USD is bouncing. However, the hourly resistance at 0.8372 (see also the steepest declining trendline) has held thus far. Hourly supports can be found at…

• GBP/JPY - Successful Test of The Support at 185.02

  Published 10 December 2014 | viewed 0 times

  GBP/JPY has declined sharply near the psychological resistance at 190.00. However, the support at 185.02 has spurred some buying interest, favouring a more sideways evolution.…

• Silver - Symmetrical Triangle Favours a Bullish Bias

  Published 09 December 2014 | viewed 0 times

  Silver continues to consolidate. The current mild price weakness and the potential symmetrical triangle favour a bullish bias. A key resistance stands at 16.73 (25/11/2014…