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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.

  • GBP/USD: Making New Highs

    Published 01 October 2013 | viewed 0 times

    GBP/USD is moving above its resistance at 1.6179. Monitor the strong resistance area between 1.6302 and 1.6381. An initial support is at 1.6129 (intraday low).…

  • USD/CHF: Tests The Key Low At 0.9022

    Published 30 September 2013 | viewed 0 times

    USD/CHF tested the key low at 0.9022 (01/02/2013 low) last Friday. A break under this key low will open up a swift return to the…

  • Gold: Potential Short-Term Higher Low in Place

    Published 27 September 2013 | viewed 0 times

    Gold has potential put in place a higher low at 1306 (24/09/2013 low), suggesting weakening short-term selling pressures. An initial resistance is given by the…

  • USD/CAD: Grinding Higher

    Published 26 September 2013 | viewed 0 times

    USD/CAD is challenging the resistance at 1.0318 (18/09/2013 high). Another resistance can be found at 1.0358. An hourly support is at 1.0263 (20/09/2013 low). A…

  • USD/JPY: Short-Term Momentum Continues to Weaken

    Published 25 September 2013 | viewed 0 times

    USD/JPY validated last Thursday a bullish engulfing pattern. However, a break of the support at 98.49 (61.8% retracement of the recent rise) would invalidate the…

  • EUR/USD: Digesting It's Recent Sharp Rise

    Published 24 September 2013 | viewed 0 times

    EUR/USD's technical pattern still indicates a short-term corrective phase as long as the support at 1.3452 (previous resistance, see also the rising trendline and the…

  • USD/CHF: Remains Weak

    Published 23 September 2013 | viewed 0 times

    USD/CHF has broken the support at 0.9130, confirming persistent selling pressures. However, other key medium-term supports (for example the rising trendline and 0.9022) suggest a…

  • Forex Weekly Report 23-29 September, 2013

    Published 20 September 2013 | viewed 0 times

    A longer dovish Fed is hurting the bullish case for the US dollar Mr Bernanke surprised the market on 18 September by postponing the tapering…

  • USD/CHF: Challenging Key Support Levels

    Published 20 September 2013 | viewed 0 times

    USD/CHF has broken the support at 0.9130, confirming persistent selling pressures. However, other key medium-term supports (for example the rising trendline and 0.9022) suggest a…

  • EUR/USD: Surging Higher Through Its Summer Peaks

    Published 19 September 2013 | viewed 0 times

    EUR/USD have broken the strong resistance area between 1.3417 (19/06/2013 high) and 1.3452 (20/08/2013 high), opening the way for a further short-term rise towards the…

  • Gold: Making New Lows

    Published 18 September 2013 | viewed 0 times

    Gold has broken the key support at 1352 (see also the rising channel), invalidating the rising trend in place since 28 June. The support at…

  • AUD/USD: Challenging The Resistance at 0.9345

    Published 17 September 2013 | viewed 0 times

    AUD/USD has breached its strong resistance at 0.9345, but has thus far failed to make a daily close above it. Monitor the short-term horizontal range…

  • GBP/USD: Surging Higher

    Published 16 September 2013 | viewed 0 times

    GBP/USD continues to move higher after the break of its strong resistance at 1.5752. The next resistances can be found at 1.6000 (psychological threshold) and…

  • EUR/GDP: Dead Cat Bounce Thus Far

    Published 13 September 2013 | viewed 0 times

    EUR/GBP is challenging its strong support at 0.8411. The bounce attempts have thus far been unimpressive despite short-term oversold conditions. A break of the initial…

  • EUR/USD: Pushing Higher

    Published 12 September 2013 | viewed 0 times

    EUR/USD continues to rise, breaking the resistance at 1.3281 (see also the declining trendline). Next resistances can be found at 1.3345 (intraday high) and 1.3410…

  • USD/CAD: Challenging Its Rising Trendline

    Published 11 September 2013 | viewed 0 times

    USD/CAD is in a short-term bearish trend as long as prices remain below the resistance at 1.0436 (09/09/2013 low). Monitor the test of the support…

  • USD/JPY: Buying Interest is Picking Up

    Published 10 September 2013 | viewed 0 times

    USD/JPY is rising towards the resistance at 100.23, suggesting a persistent strong buying interest. A move towards the key resistance at 101.53 is expected. Hourly…

  • EUR/USD: Bouncing After Friday's Unemployment Data

    Published 09 September 2013 | viewed 0 times

    EUR/USD bounced Friday after the release of unimpressive unemployment data. However, the recent break of the key support at 1.3190 favours a bearish stance as…

  • EUR/USD: The Bearish Breakout at 1.3190 Has Been Confirmed by USD/CHF

    Published 06 September 2013 | viewed 0 times

    EUR/USD has broken its key support at 1.3190 (see also 38.2% retracement of the previous rise). The confirmation by USD/CHF (break of the key resistance…

  • AUD/USD: Moving Higher

    Published 05 September 2013 | viewed 0 times

    AUD/USD has broken the resistance at 0.9070 (see also the declining trendline), which confirms the recent short-term technical improvement. A move towards the resistance at…

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