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Gold •191 days 2,368.70 +35.30 +1.51%
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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: Strong Support at 1.3643 Challenged Again

    Published 23 May 2014 | viewed 0 times

    EUR/USD is challenging again the strong support at 1.3643 (see also the 200 day moving average). A break of the resistance at 1.3734 (19/05/2014 high)…

  • Silver: Successful Test of The Support at 19.26

    Published 22 May 2014 | viewed 0 times

    Silver is moving broadly sideways after having successfully tested the strong support at 18.84. The recent succession of higher lows is intact, as can be…

  • EUR/USD: Monitor Resistance at 1.3732

    Published 21 May 2014 | viewed 0 times

    EUR/USD has made a bullish intraday reversal near the key support area between 1.3673 (see also the long-term wedge formation) and 1.3643 (see also the…

  • AUD/USD: Running Out of Steam

    Published 20 May 2014 | viewed 0 times

    AUD/USD has broken the support at 0.9317 (see also the rising trendline), confirming a deterioration of the technical structure. A further decline towards the key…

  • EUR/USD: Trying to Bounce

    Published 19 May 2014 | viewed 0 times

    EUR/USD has made a bullish intraday reversal near the key support area between 1.3673 (see also the wedge formation) and 1.3643 (see also the 200…

  • Gold: Fading Near The Top of The Declining Channel

    Published 16 May 2014 | viewed 0 times

    Gold has faded near the resistance at 1316 (see also the declining channel). Hourly supports stand at 1289 and 1278. An hourly resistance now lies…

  • USD/JPY: Persistent Selling Pressure

    Published 15 May 2014 | viewed 0 times

    USD/JPY has broken the hourly support at 101.85, indicating persistent selling pressures. A support stands at 101.43. Resistances can be found at 102.36 and 103.02.…

  • EUR/USD: Near The Key Support at 1.3673

    Published 14 May 2014 | viewed 0 times

    EUR/USD declined further yesterday and is now close to the key support at 1.3673 (see also the wedge formation). Given the recent sharp decline, a…

  • USD/JPY: Pushing Higher

    Published 13 May 2014 | viewed 0 times

    USD/JPY has bounced close to the key support area between 101.20 (03/03/2014 low) and 100.76 (see also the long-term rising channel). The break of the…

  • EUR/USD: Declining Sharply

    Published 12 May 2014 | viewed 0 times

    EUR/USD has declined sharply after its bearish reversal near the key resistance at 1.3967. The support at 1.3780 has been broken. A key support lies…

  • USD/CAD: Extending Lower

    Published 09 May 2014 | viewed 0 times

    USD/CAD has broken the key support at 1.0858 (09/04/2014 low, see also the 38.2% retracement). A second leg lower (echoing the one from 1.1279 to…

  • USD/CHF: Dead Cat Bounce Thus Far

    Published 08 May 2014 | viewed 0 times

    USD/CHF bounced yesterday. However, prices have thus far failed to break the initial resistance at 0.8765 (05/05/2014 low). Another hourly resistance lies at 0.8784. A…

  • EUR/USD: Bullish Breakout of The Key Resistance at 1.3906

    Published 07 May 2014 | viewed 0 times

    EUR/USD has broken to the upside out of its recent consolidation between 1.3780 (09/04/2014 low) and 1.3906 (11/04/2014 high), opening the way for a test…

  • EUR/USD: Monitor The Key Resistance at 1.3906

    Published 06 May 2014 | viewed 0 times

    EUR/USD continues to consolidate after its rise from 1.3673 (04/04/2014 low) to 1.3906 (11/04/2014 high). The technical structure remains supportive as long as the support…

  • Gold: Bouncing Sharply

    Published 05 May 2014 | viewed 0 times

    Gold bounced sharply on Friday, strengthening the support at 1269. The resistance at 1307 is challenged. Other resistances are given by the declining channel (around…

  • GBP/USD: Pushing Higher

    Published 02 May 2014 | viewed 0 times

    GBP/USD has broken the key resistance at 1.6823, opening the way for a test of the major resistance at 1.7043. Hourly supports can be found…

  • Gold: Weakening

    Published 01 May 2014 | viewed 0 times

    Gold has successfully tested the resistance at 1307 and has broken the hourly support at 1288 (intraday low). A further decline towards the support at…

  • AUD/USD: Trying to Bounce

    Published 30 April 2014 | viewed 0 times

    AUD/USD is trying to bounce near the support area given by 0.9214 and the rising channel (around 0.9210). A break of the hourly resistance at…

  • Silver: Retracing its Recent Bounce

    Published 29 April 2014 | viewed 0 times

    Silver's bullish reversal near the support at 19.01 favours a short-term phase of stabilisation. An hourly support now lies at 19.32 (see 61.8% retracement). Hourly…

  • USD/CHF: Weakening

    Published 28 April 2014 | viewed 0 times

    USD/CHF is weakening, favouring a second down leg after the first one from 0.8953 to 0.8744. Supports can be found at 0.8778 (17/04/2014 low) and…

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