MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• USD/JPY: Pausing Within Uptrend

  Published 24 December 2013 | viewed 0 times

  USD/JPY has broken the key resistance level at 103.74 (22/05/2013 high). The technical structure remains positive as long as the support at 102.50 (17/12/2013 low)…

• Gold: Bouncing Near The Key Support at 1181

  Published 23 December 2013 | viewed 0 times

  Gold is bouncing near the key support at 1181. An initial resistance lies at 1210 (intraday high), while a more significant resistance stands at 1227…

• USD/JPY: Making New Highs

  Published 20 December 2013 | viewed 0 times

  USD/JPY has broken the key resistance level at 103.74 (22/05/2013 high). The short-term technical structure remains positive as long as the support at 102.50 (17/12/2013…

• EUR/USD: Short-Term Double-Top Validated

  Published 19 December 2013 | viewed 0 times

  EUR/USD has broken the support at 1.3709, validating a short-term double-top. A test of the key support at 1.3621 is expected as long as prices…

• GBP/USD: Breaching Support at 1.6258

  Published 18 December 2013 | viewed 0 times

  GBP/USD has moved below the support at 1.6258 but has failed to make a daily close below it. Monitor the subsequent bounce. Hourly resistances are…

• USD/JPY: Initial Break Over 103.74 Fails to Hold

  Published 17 December 2013 | viewed 0 times

  USD/JPY managed to briefly break over the key resistance level at 103.74 (22/05/2013 high), but has thus far failed to hold over this level. The…

• Gold: Strong Support Anticipated Near 1180.50

  Published 16 December 2013 | viewed 0 times

  Gold is approaching its key low at 1180.50 (28/06/2013). Strong support is anticipated close to this key level for a short-term recovery higher. However, failure…

• EUR/JPY: Making New Highs

  Published 13 December 2013 | viewed 0 times

  EUR/JPY's overextended rise continues to move higher. The technical structure remains positive as long as the support at 140.92 holds. An initial support stands at…

• AUD/USD: Back To its Previous Low

  Published 12 December 2013 | viewed 0 times

  AUD/USD weakened sharply yesterday, confirming an underlying bearish trend. Monitor the support at 0.8999. Hourly resistances stand at 0.9082 (intraday high) and 0.9168. AUD/USD has…

• USD/CAD: Testing Support at 1.0602

  Published 11 December 2013 | viewed 0 times

  USD/CAD is weakening. However, a short-term bullish bias is favoured as long as the hourly support at 1.0602 holds. Other supports can be found at…

• GBP/JPY: Making New Highs

  Published 10 December 2013 | viewed 0 times

  GBP/JPY has broken the resistance implied by the recent highs at 169.14 (03/12/2013), confirming persistent buying interest despite the current overextended rise. Hourly supports stand…

• EUR/USD: Pushing Higher

  Published 09 December 2013 | viewed 0 times

  EUR/USD has broken the resistance at 1.3622, confirming a persistent strong buying interest. The short-term technical structure remains positive as long as the key support…

• AUD/USD: Bouncing Within Its Downtrend

  Published 06 December 2013 | viewed 0 times

  AUD/USD has broken its low at 0.9056, confirming a persistent bearish trend. Further short-term weakness is likely despite the current bounce near the psychological support…

• USD/CAD: Moving Above The Strong Resistance at 1.0658

  Published 05 December 2013 | viewed 0 times

  USD/CAD has breached the strong resistance at 1.0658 (04/10/2011 high). A short-term bullish bias is favoured as long as the hourly support at 1.0602 (intraday…

• EUR/USD: Potential Lower High in Place?

  Published 04 December 2013 | viewed 0 times

  EUR/USD's rise is still viewed as a short-term rebound. Yesterday's strength has not been able to move higher than the resistance at 1.3622, posting a…

• Gold: Making New Lows

  Published 03 December 2013 | viewed 0 times

  Gold has broken its support at 1226, making fresh new lows and confirming an underlying bearish trend. Hourly resistances stand at 1240 (intraday high) and…

• EUR/GBP: Making New Lows

  Published 02 December 2013 | viewed 0 times

  EUR/GBP has resumed its downtrend by breaking the support at 0.8301. A support stands at 0.8225. Hourly resistances can be found at 0.8352 (28/11/2013 high)…

• EUR/USD: Grinding Higher

  Published 29 November 2013 | viewed 0 times

  EUR/USD's rise is still viewed as a short-term rebound and is now close to the resistance area defined by the 61.8% retracement at 1.3627 and…

• AUD/USD: Trying To Bounce

  Published 28 November 2013 | viewed 0 times

  AUD/USD is trying to bounce after having posted a lower low at 0.9065. Hourly resistances stand at 0.9204 and 0.9278 (intraday high). AUD/USD has broken…

• USD/CHF: No Higher Low Yet

  Published 27 November 2013 | viewed 0 times

  USD/CHF has moved lower than its recent low at 0.9062 (25/11/2013 low), reflecting persistent selling pressures. A support stands at 0.9028 (61.8% retracement of the…