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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.

  • EUR/USD - Persistent Selling Pressures in Place

    Published 08 December 2014 | viewed 0 times

    EUR/USD has made new lows, confirming persistent short-term selling pressures. Hourly supports lies at 1.2352 (intraday low) and 1.2280. Hourly resistances for a short-term countertrend…

  • USD/CAD - Grinding Higher

    Published 05 December 2014 | viewed 0 times

    USD/CAD is moving above its short-term declining trendline, suggesting an increasing buying interest. An hourly resistance lies at 1.1424 (02/12/2014 high), while a key resistance…

  • AUD/USD - Drifting Lower

    Published 04 December 2014 | viewed 0 times

    AUD/USD is making new lows confirming persistent selling pressures. Hourly resistances can now be found at 0.8467 (03/12/2014 high) and 0.8543 (02/12/2014 high). A support…

  • USD/JPY - Approaching The 120 Threshold

    Published 03 December 2014 | viewed 0 times

    USD/JPY has broken to the upside out of its recent consolidation and is now close to the psychological resistance at 120.00. Hourly supports are given…

  • GBP/JPY - Bullish Breakout of The Key Resistance at 186.13

    Published 02 December 2014 | viewed 0 times

    GBP/JPY has broken the key resistance at 186.13. The previous consolidation implies a short-term upside potential at 188.28. Hourly supports can be found at 186.04…

  • Silver - Making Fresh 5-Year Lows

    Published 01 December 2014 | viewed 0 times

    Silver has broken the support area between 15.28 and 15.07. However, the strong support at 14.64 has thus far not been decisively broken. Hourly resistances…

  • Silver - Monitor The Test of The Support at 15.91

    Published 28 November 2014 | viewed 0 times

    Silver continues to decline after its successful test of the resistance at 16.68. Monitor the support at 15.91 (previous resistance), as a break would open…

  • GBP/USD - Bullish Breakout at 1.5736

    Published 27 November 2014 | viewed 0 times

    GBP/USD has broken to the upside out of its horizontal range between the support at 1.5593 and the resistance at 1.5736. The implied shortterm upside…

  • AUD/USD - New 4-Year Lows

    Published 26 November 2014 | viewed 0 times

    AUD/USD has moved below the support at 0.8541, making 4-year low and confirming the underlying downtrend. Hourly resistances can be found at 0.8567 (previous support)…

  • AUD/USD - Heading Lower

    Published 25 November 2014 | viewed 0 times

    AUD/USD remains weak, confirming an underlying bearish trend. Monitor the supports at 0.8567 and 0.8541. Hourly resistances stand at 0.8620 (intraday high) and 0.8661 (intraday…

  • EUR/USD - Challenging its Recent Lows

    Published 24 November 2014 | viewed 0 times

    EUR/USD collapsed on Friday. However, prices have thus far successfully tested the support at 1.2358. Hourly resistances can be found at 1.2460 (intraday high) and…

  • EUR/CHF - Grinding Higher

    Published 21 November 2014 | viewed 0 times

    EUR/CHF is showing signs of buying pressures near the SNB's threshold at 1.20. Hourly resistances can be found at 1.2026 (19/11/2014 high) and 1.2039 (12/11/2014…

  • USD/JPY - Approaching The 120 Threshold

    Published 20 November 2014 | viewed 0 times

    USD/JPY continues to rise. Hourly supports can be found at 117.41 (intraday low) and 116.34 (18/11/2014 low). A long-term bullish bias is favoured as long…

  • EUR/JPY - Making New 6-Year Highs

    Published 19 November 2014 | viewed 0 times

    EUR/JPY has broken the strong resistance at 145.69, making new 6-year highs. Hourly supports can be found at 145.74 (intraday low) and 144.79 (17/11/2014 low).…

  • USD/CAD - Challenging The Support at 1.1259

    Published 18 November 2014 | viewed 0 times

    USD/CAD continues to move within its shortterm declining channel. Monitor the support at 1.1259. An hourly resistance can be found at 1.1328 (see also the…

  • USD/CHF - Approaching The Support at 0.9544

    Published 17 November 2014 | viewed 0 times

    USD/CHF has broken the hourly support at 0.9617. Monitor the test of the support at 0.9544. Another support can be found at 0.9442. Hourly resistances…

  • Silver - Bearish Breakout of The Tiny Horizontal Range

    Published 14 November 2014 | viewed 0 times

    Silver has thus far successfully tested the key support area between the psychological support at 15.00 and 14.66. However, the break to the downside out…

  • GBP/JPY - Forming a Potential Double-Top?

    Published 13 November 2014 | viewed 0 times

    GBP/JPY has failed to break the resistance at 184.33. Monitor the support at 181.13, as a break would validate a double-top formation. Another support stands…

  • USD/CHF - Potential Short-Term Lower High in Place

    Published 12 November 2014 | viewed 0 times

    USD/CHF weakened yesterday despite the intraday bullish reversal made on 10 November. Monitor the hourly support at 0.9617, as a break lower would validate a…

  • GBP/JPY - Bouncing Near The Support at 181.13

    Published 11 November 2014 | viewed 0 times

    GBP/JPY is bouncing sharply near the hourly support at 181.13, alleviating concerns of a weakening buying interest. A test of the resistance at 184.33 is…

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