MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• GBP/USD - Bouncing Near The 200 Day Moving Average

  Published 18 August 2014 | viewed 0 times

  GBP/USD is trying to bounce near the key support at 1.6693 (see also the 38.2% retracement and the 200 day moving average). Hourly resistances stand…

• EUR/JPY - Buying Interest Seems to be Stalling

  Published 15 August 2014 | viewed 0 times

  EUR/JPY continues to move within its declining channel, after breaching the key support at 136.23. Another support stands at 134.11. Hourly resistances can be found…

• EUR/GBP - Surging Higher Through its August Peaks

  Published 14 August 2014 | viewed 0 times

  EUR/GBP have broken a series of minor resistance area between 0.7930 (18/18/2014 high) and 0.8018 (27/06/2014 high), opening the way for a further short-term rise…

• USD/CAD Moving Sideways Near The Support at 1.0905

  Published 13 August 2014 | viewed 0 times

  USD/CAD is further fading near the key resistance at 1.0961 (see also the 50% retracement). Hourly supports stand at 1.0905 (04/08/2014 low) and 1.0845 (intraday…

• USD/JPY- Unimpressive Bounce Thus Far

  Published 12 August 2014 | viewed 0 times

  USD/JPY has strengthened but bearish pressures remain. Last week, the hourly support at 101.72 was broken. Another minor support lies at 101.32, while a key…

• GBP/JPY- Bearish Pause Ahead of Key Support

  Published 11 August 2014 | viewed 0 times

  GBP/JPY continues to weaken after the break of the key support at 172.38, as can be seen by the break of the rising channel. However,…

• GBP/JPY - Approaching a Strong Support Area

  Published 08 August 2014 | viewed 0 times

  GBP/JPY continues to weaken after the break of the key support at 172.38, as can be seen by the break of the rising channel. However,…

• AUD/USD - Making New Lows

  Published 07 August 2014 | viewed 0 times

  AUD/USD has broken the key support at 0.9319, validating a bearish reversal pattern with a downside risk at 0.9206. Today's new lows confirm this downside…

• EUR/JPY - Fading Near The Top of its Declining Channel

  Published 06 August 2014 | viewed 0 times

  EUR/JPY has faded near the resistance implied by its declining channel (around 138.16). The break of the hourly support at 137.34 (22/07/2014 high) suggests the…

• USD/JPY - Digesting its Recent Rise

  Published 05 August 2014 | viewed 0 times

  USD/JPY is consolidating after the successful test of the key resistance at 103.02. Monitor the support at 102.36 (18/06/2014 high, see also the 38.2% retracement).…

• USD/CAD - Fading Near The Key Resistance at 1.0961?

  Published 04 August 2014 | viewed 0 times

  USD/CAD has exhibited significant upper shadows in the last two days, suggesting increasing selling pressures near the key resistance at 1.0961 (see also the 50%…

• EUR/USD - Unimpressive Bounce Thus Far

  Published 01 August 2014 | viewed 0 times

  EUR/USD is in an underlying downtrend. However, the last two days have displayed large lower shadows, indicating potential short-term exhaustion in selling pressures near the…

• USD/JPY - Surging Higher

  Published 31 July 2014 | viewed 0 times

  USD/JPY surged higher yesterday, breaking the resistance area defined by 102.27 (03/07/2014 high) and 102.36. Prices are now challenging the key resistance at 103.02. An…

• USD/CAD - Bullish Breakout at 1.0814

  Published 30 July 2014 | viewed 0 times

  USD/CAD has broken the key resistance at 1.0814 (previous support, see also the 200 day moving average), suggesting a further rebound towards the key resistance…

• GBP/JPY - Exhaustion in Selling Pressures?

  Published 29 July 2014 | viewed 0 times

  GBP/JPY has recently displayed small daily real bodies (dojis) indicating short-term indecision. A break of the hourly resistance at 173.59 (18/07/2014 high, see also the…

• USD/CHF - The Key Resistance at 0.9037 Has Been Broken

  Published 28 July 2014 | viewed 0 times

  USD/CHF has broken the key resistance at 0.9037, suggesting persistent buying interest. Hourly supports can be found at 0.9031 (intraday low) and 0.9001 (intraday low).…

• USD/CAD - Persistent Buying Interest Near The Support at 1.0710

  Published 25 July 2014 | viewed 0 times

  USD/CAD remains below its declining trendline. However, the support at 1.0710 has held thus far, indicating persistent buying interest. A key resistance lies at 1.0814…

• USD/CHF - Challenging The Key Resistance at 0.9037

  Published 24 July 2014 | viewed 0 times

  USD/CHF has broken the resistance at 0.9013 (16/06/2014 high) and is now challenging the key resistance at 0.9037 (see also the declining channel). Initial supports…

• EUR/USD - Making New Lows

  Published 23 July 2014 | viewed 0 times

  EUR/USD has broken the key support area defined by 1.3503 (see also the long-term rising trendline from the July 2012 low) and 1.3477, confirming an…

• USD/CHF - Remains Near The High of its Rising Channel

  Published 22 July 2014 | viewed 0 times

  USD/CHF remains well supported as can be seen by the current mild price correction. Monitor the hourly support at 0.8969. A key resistance area stands…