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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 - Weak Bounce Thus Far

    Published 15 September 2014 | viewed 0 times

    EUR/USD is trying to bounce from its oversold decline. However, the hourly resistance at 1.2988 (05/09/2014 high) has held thus far. A break of the…

  • AUD/USD - Strong Selling Pressures at Work

    Published 12 September 2014 | viewed 0 times

    AUD/USD has broken the key support area defined by 0.9206. The short-term technical structure is negative as long as prices remain below the resistance at…

  • Silver - Testing its Recent Lows

    Published 11 September 2014 | viewed 0 times

    Silver remains weak. The recent low at 18.88 is challenged. A key support stands at 18.64. Hourly resistances can be found at 19.15 (10/09/2014 high)…

  • AUD/USD - Bearish Breakout of The Support at 0.9206

    Published 10 September 2014 | viewed 0 times

    AUD/USD has broken the key support area defined by 0.9206 and the 200 day moving average (see also the 38.2% retracement). The short-term technical structure…

  • USD/JPY - Making New 5 Year Highs

    Published 09 September 2014 | viewed 0 times

    USD/JPY has broken the strong resistance at 105.44 (see also the 61.8% retracement and the long-term declining trendline), opening the way for further strength towards…

  • GBP/USD - Moving Below The Key Support at 1.6220

    Published 08 September 2014 | viewed 0 times

    GBP/USD continues its relentless decline, as can be seen by the move below the key support at 1.6220. Another support stands at 1.6000 (psychological threshold…

  • EUR/USD - EUR/USD Hit Hard by ECB

    Published 05 September 2014 | viewed 0 times

    EUR/USD has crushed its key support at 1.3105 (06/09/2013 low) following the ECB's decisions. Hourly resistances for a short-term bounce can be found at 1.3000…

  • USD/JPY - Monitor The Strong Resistance at 105.44

    Published 04 September 2014 | viewed 0 times

    USD/JPY is close to its strong resistance at 105.44 (see also the 61.8% retracement and the long-term declining trendline). Hourly supports can be found at…

  • Gold - The Symmetrical Triangle Has Been Broken to The Downside

    Published 03 September 2014 | viewed 0 times

    Gold has broken the support implied by its recent low at 1273 (21/08/2014 low, see also the symmetrical triangle). An hourly support lies at 1258…

  • USD/JPY - Pushing Higher Towards The Strong Resistance at 105.44

    Published 02 September 2014 | viewed 0 times

    USD/JPY is making new highs, opening the way for a test of the strong resistance at 105.44 (see also the 61.8% retracement and the longterm…

  • EUR/GBP - Declining Toward its July's Lows

    Published 01 September 2014 | viewed 0 times

    EUR/GBP continues to weaken after its successful test of the key resistance at 0.8034. The break of the support at 0.7916 (06/08/2014 low) opens the…

  • AUD/USD - The Resistance at 0.9374 Has Held Thus Far

    Published 29 August 2014 | viewed 0 times

    AUD/USD has broken the resistance at 0.9345, validating a short-term double-bottom formation with a target at 0.9450. However, the failure to break the resistance at…

  • AUD/USD: Validates Double-Bottom Formation

    Published 28 August 2014 | viewed 0 times

    AUD/USD has violated 0.9345, and validate a short-term double-bottom formation with a target at 0.9450. Another resistance lies at 0.9374. An hourly support can be…

  • USD/CAD - Weakening

    Published 27 August 2014 | viewed 0 times

    USD/CAD has broken the hourly support at 1.0928 after having breached the resistance at 1.0986. The resulting false breakout favours further short-term weakness towards the…

  • USD/CHF - Failing to Hold Above The Strong Resistance at 0.9156

    Published 26 August 2014 | viewed 0 times

    USD/CHF has failed to hold above the strong resistance at 0.9156. Monitor the support at 0.9104 (22/08/2014 low), as a break would confirm a deterioration…

  • EUR/USD - Persistent Selling Pressures Underway

    Published 25 August 2014 | viewed 0 times

    EUR/USD continues to move lower. The recent new lows confirm persistent selling pressures. The short-term technical structure is negative as long as prices remain below…

  • AUD/USD - Bouncing Near The Support at 0.9239

    Published 22 August 2014 | viewed 0 times

    AUD/USD made an intraday bullish reversal (hammer) yesterday, confirming significant buying interest near the support at 0.9239. Monitor the resistance at 0.9345, as a break…

  • USD/CHF - Monitor The Test of The Strong Resistance at 0.9156

    Published 21 August 2014 | viewed 0 times

    USD/CHF has broken the resistance at 0.9115 (06/08/2014 high) and is now close to the strong resistance at 0.9156 (see also the 38.2% retracement). Hourly…

  • EUR/USD - The Strong Support at 1.3296 is Challenged

    Published 20 August 2014 | viewed 0 times

    EUR/USD has broken its support at 1.3333 and is now challenging the strong support at 1.3296. Hourly resistances for a short-term bounce can be found…

  • USD/CHF - Monitor The Short-Term Declining Channel

    Published 19 August 2014 | viewed 0 times

    USD/CHF strengthened yesterday, erasing all the losses made on Friday. Monitor the resistance implied by the declining channel (around 0.9091). Another resistance lies at 0.9115.…

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