MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• AUDUSD - Monitor the Key Resistance at 0.7778

  Published 20 March 2017 | viewed 0 times

  AUD/USD has successfully tested the support at 0.7497. A break of the key resistance at 0.7778 (08/11/2016 high) is needed to open the way for…

• EUR/USD - Strengthening

  Published 17 March 2017 | viewed 0 times

  EUR/USD keeps on strengthening. The pair is lying in an uptrend channel. Key resistance is still given at a distance 1.0874 (08/12/2017 high). Strong support…

• USD/CHF - Bearish Breakout

  Published 16 March 2017 | viewed 0 times

  USD/CHF has exited uptrend channel. Hourly support given at 1.0075 (13/03/2017 low) has been broken. Key resistance can be found at a distance at 1.0344…

• AUD/USD - Short-Term Demand Is Fading

  Published 15 March 2017 | viewed 0 times

  AUD/USD's technical structure is still negative. The road is wide-open for further weakness towards support given at 0.7494 (19/01/2017 low). Key resistance is given at…

• Crude Oil Wide Open For Further Weakness

  Published 14 March 2017 | viewed 0 times

  Crude oil's bearish pressures continues. The commodity has been unable to mount a serious challenge to 55.24 (03/01/2017 high) resistance. Strong support given at 49.61…

• EUR/JPY - Monitoring Resistance At 123.31

  Published 13 March 2017 | viewed 0 times

  EUR/JPY's demand has rejuvenated . Hourly resistance at 121.34 (10/02/2017 high) has been broken. Strong resistance is given at a distance at 123.31 (27/01/2017 high).…

• EUR/GBP - Breaking Resistance At 0.8707

  Published 10 March 2017 | viewed 0 times

  EUR/GBP has pushed higher towards strong resistance at 0.8707 (18/01/2017 high) which has been broken. We rule out further weakness towards supports given at 0.8450…

• Crude Oil - Collapsing

  Published 09 March 2017 | viewed 0 times

  Crude oil has unexpectedly exited the uptrend channel. The commodity has been unable to mount a serious challenge to 55.24 (03/01/2017 high) resistance. The correction…

• EUR/JPY - Starting To Reverse

  Published 08 March 2017 | viewed 0 times

  EUR/JPY's demand has slowed down after reaching 121.00. Hourly resistance can be located at 121.34 (10/02/2017 high). Strong resistance is given at a distance at…

• Gold - Bearish Pressures Increase

  Published 07 March 2017 | viewed 0 times

  Gold is showing no signs of reversing bearish course after recent pullbacks. The positive midterm trend has been broken. It is unlikely that the metal…

• GBP/USD - Heading Lower

  Published 06 March 2017 | viewed 0 times

  GBP/USD has broken support given at 1.2254 (19/01/2017 low). Hourly resistance is given at 1.2570 (24/02/2017 high) w). The road is wide open for further…

• EUR/CHF - Steady Bearish Pressures

  Published 02 March 2017 | viewed 0 times

  EUR/CHF bearish pressures continue despite short term demand. Strong resistance is given at 1.0762 (27/12/2016 high). Anyway, the medium term pattern suggests us to see…

• USD/JPY - Recovery Rally

  Published 01 March 2017 | viewed 0 times

  USD/JPY is showing limited short -terms buying interest after reversing off base lows. Key resistance is given at 115.62 (19/01/2016 high). The technical structure suggests…

• Silver - Pausing Before Another Leg Higher

  Published 28 February 2017 | viewed 0 times

  Silver has finally exited an area where bearish pressures seem important. The precious metal is way into a bullish momentum. Hourly support can be located…

• EUR/GBP - Ready To Bounce Back Lower

  Published 27 February 2017 | viewed 0 times

  EUR/GBP has surged but the technical structure suggests that it should be temporary. As resistance at 0.8645 holds, we do not rule out further weakness…

• Gold - Breaking Key Resistance Area

  Published 24 February 2017 | viewed 0 times

  Gold has retraced towards former resistance at 1221 (22/11/2017 high) which now becomes a new support. Hourly support lies at 1177 (11/01/2017 low). The short-term…

• USD/JPY - Former Resistance Becomes New Support

  Published 23 February 2017 | viewed 0 times

  USD/JPY's demand is fading after its increase from support given at 111.36 (28/11/2016 low). Bearish pressures arise around hourly resistance given at 115.62 (19/01/2016 high).…

• Crude Oil - Renewed Bullish Pressures

  Published 22 February 2017 | viewed 0 times

  Crude oil has broken resistance at 54.32 (06/01/2017 high)/ We rule out for the moment any correction towards 49.61 (08/12/2016). Expected to see deeper buying…

• EUR/CHF - Continued Weakness Around Strong Support Area

  Published 21 February 2017 | viewed 0 times

  EUR/CHF's bearish pressures continues. Strong resistance is given at 1.0762 (27/12/2016 high). Anyway, the medium-term pattern suggests us to see continued bearish pressures towards key…

• Crude Oil - Monitoring Strong Resistance Area

  Published 20 February 2017 | viewed 0 times

  Crude oil is heading towards resistance at 54.32 (06/01/2017 high) despite some consolidation. Yet, a correction in the near-term towards 49.61 (08/12/2016) is possible in…