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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/CHF - Trying to Form a Short-Term Base

    Published 21 July 2014 | viewed 0 times

    EUR/CHF has successfully tested the low of its horizontal range defined by the support at 1.2134 and the resistance at 1.2166. The shortterm buying interest…

  • EUR/USD - Challenging its Long-Term Rising Trendline

    Published 18 July 2014 | viewed 0 times

    EUR/USD is close to the key support at 1.3503 (see also the long-term rising trendline from the July 2012 low). An initial resistance now lies…

  • EUR/USD - Approaching The Key Support at 1.3503

    Published 17 July 2014 | viewed 0 times

    EUR/USD declined further yesterday. Prices are now close to the key support at 1.3503 (see also the long-term rising trendline from the July 2012 low).…

  • EUR/GBP - Making New Lows

    Published 16 July 2014 | viewed 0 times

    EUR/GBP declined sharply yesterday. The support at 0.7915 has been breached, confirming an underlying downtrend. A resistance stands at 0.7981, while a break of the…

  • AUD/USD - Weakening

    Published 15 July 2014 | viewed 0 times

    AUD/USD is weakening as can be seen by the break of the short-term rising trendline. Furthermore, the technical configuration since June looks like a bearish…

  • Gold: Declining Sharply

    Published 14 July 2014 | viewed 0 times

    Gold is declining sharply after having broken the resistance at 1331. Hourly supports are given by the short-term rising trendline (around 1314) and 1305. A…

  • USD/CAD - Approaching its Recent Lows

    Published 11 July 2014 | viewed 0 times

    USD/CAD remains weak despite the proximity of the key support implied by its long-term rising trendline. The inability to break the hourly resistance at 1.0697…

  • AUD/USD - New Leg Lower Underway?

    Published 10 July 2014 | viewed 0 times

    AUD/USD is showing signs of weakness after having retraced part of its recent sharp decline. A second leg lower (echoing the first one from the…

  • EUR/USD - Recent Strength Still Viewed as Temporary

    Published 09 July 2014 | viewed 0 times

    EUR/USD is bouncing. The hourly resistance at 1.3621 has been breached. However, we continue to favour an eventual decline towards the support at 1.3503 as…

  • USD/CAD - Short-Term Exhaustion in The Selling Pressure?

    Published 08 July 2014 | viewed 0 times

    USD/CAD bounced close to the key support implied by its long-term rising trendline (around 1.0643) yesterday. A break of the hourly resistance at 1.0697 (27/06/2014…

  • Silver - Monitor The Short-Term Rising Channel

    Published 07 July 2014 | viewed 0 times

    Silver is showing signs of weakness. Monitor the supports implied by the short-term rising channel (around 20.85) and the rising trendline (around 20.79). An hourly…

  • AUD/USD: Declining Sharply

    Published 04 July 2014 | viewed 0 times

    AUD/USD declined sharply yesterday, confirming exhaustion in the buying interest. Monitor the key support at 0.9319. Hourly resistances can now be found at 0.9388 and…

  • USD/CAD:: The Long-Term Rising Trendline is Challenged

    Published 03 July 2014 | viewed 0 times

    USD/CAD is trying to bounce close to the support implied by the long-term rising trendline (around 1.0643). Another strong support stands at 1.0559. Hourly resistances…

  • GBP/USD: New Highs are Bullish

    Published 02 July 2014 | viewed 0 times

    GBP/USD has broken the major resistance at 1.7043. A short-term bullish bias is favoured as long as the hourly support at 1.7007 (27/06/2014 low) holds.…

  • EUR/GBP: Persistent Selling Pressures Underway

    Published 01 July 2014 | viewed 0 times

    EUR/GBP continues to consolidate near the key support at 0.7961 (08/11/2012 low). A break of the hourly resistance at 0.8033 (intraday low) is needed to…

  • EUR/USD: Grinding Higher

    Published 30 June 2014 | viewed 0 times

    EUR/USD continues to move towards the high of its horizontal range defined by 1.3503 and 1.3677. Monitor the test of the hourly resistance at 1.3644/1.3651.…

  • USD/JPY: A Decline Towards The Support at 100.76 is Likely

    Published 27 June 2014 | viewed 0 times

    USD/JPY has broken the support implied by the 200 day moving average (around 101.61), confirming persistent selling pressures. A further decline towards the strong support…

  • USD/CAD: Making New Lows

    Published 26 June 2014 | viewed 0 times

    USD/CAD has broken a key support at 1.0814, ending a 5 week consolidation. The momentum is negative as long as prices remain below the resistance…

  • EUR/USD: Grinding Higher

    Published 25 June 2014 | viewed 0 times

    EUR/USD is grinding higher within the horizontal range between 1.3503 and 1.3677. An hourly support lies at 1.3565 (20/06/2014 low, see also the 61.8% retracement).…

  • USD/CAD: Persistent Selling Pressures Underway

    Published 24 June 2014 | viewed 0 times

    USD/CAD has broken the key support at 1.0814, ending a 5 week consolidation. The momentum is negative as long as prices remain below the resistance…

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