Gold •251 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 994.40 | +14.80 | +1.51% | |
WTI Crude •10 mins | 66.90 | +0.65 | +0.98% | |
Gasoline •10 mins | 2.127 | +0.022 | +1.02% | |
Ethanol •251 days | 2.161 | +0.000 | +0.00% | |
Silver •251 days | 30.82 | +1.16 | +3.92% |
Silver • 251 days | 30.82 | +1.16 | +3.92% | ||
Copper • 251 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 70.18 | +0.62 | +0.89% | ||
Natural Gas • 10 mins | 4.316 | -0.137 | -3.08% | ||
Heating Oil • 10 mins | 2.213 | +0.017 | +0.76% |
Contributor since: 13 Apr 2011
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.
Gold has bounced, breaking the initial resistance at 1405 (intraday high). We would still favour a second down leg towards the key support at 1352…
EUR/GBP has broken its long-term rising trendline, confirming an increasing bearish momentum. The support at 0.8470 (12/06/2013 low) is challenged. An hourly resistance stands at…
AUD/USD has successfully tested its recent low at 0.8893. The test of its previous peak at 0.8979 (29/08/2013 high) suggests a potential short-term double-bottom with…
EUR/JPY is performing in a manner that is similar to what we have seen in GBP/JPY. Until the consolidation range between 127.98 and 132.74 (12/08/2013…
EUR/USD is challenging the support area defined by 1.3298 and the low of its rising channel (see also the potential short-term declining channel). The short-term…
AUD/USD has breached its low at 0.8932 and has almost reached the downside risk at 0.8895 implied by the recent short-term double-top. A key support…
GBP/USD has broken the support at 1.5608 and the subsequent bounce attempts have thus far been unimpressive. The key resistance at 1.5752 coupled with short-term…
USD/CAD made a bearish reversal last Friday. Given the strong resistance area defined by 1.0609 and 1.0658, a short-term corrective phase seems likely. Supports are…
AUD/USD has broken its support at 0.9058, after failing to decisively break the resistance at 0.9221. The implied short-term double-top calls for further weakness towards…
USD/JPY remains in a short-term succession of lower lows and lower highs since its peak at 101.53. However, the move above the initial resistance at…
USD/CAD is likely in corrective phase following its decline from its 1.0609 peak. Even though scope is still seen for a move higher back towards…
USD/JPY remains in a short-term succession of lower lows and lower highs since its peak at 101.53. A break of the resistance at 98.65 (15/08/2013…
EUR/USD remains in a succession of higher lows with a significant support at 1.3190 (02/08/2013 low). However, prices are short-term overbought and are close to…
Gold has managed to break over the key 1348.65 high (24/07/2013). This now greatly weakens the bearish structure that had been so dominant over recent…
EUR/USD is deemed to be in the midst of a corrective phase off the recent 1.3400 high. A sustained break back under 1.3190 (02/08/2013 low)…
AUD/USD has eased back from the recent 0.9221 high (12/08/2013). This weakness had been anticipated, however, a higher low is still anticipated above 0.8848 (05/08/2013…
GBP/JPY continues to develop short-term structure that is suggestive of a stronger recovery developing from the 148.00 region, with a return to 154.05 (24/07/2013 high)…
Silver has now broken over the key 20.63 high (23/07/2013). This is a clear indication of strength and an early sign of an evolving basing…
EUR/USD is holding above the recent high at 1.3345 (31/07/2013). A retest of the key high at 1.3417 (19/06/2013) is now anticipated. A push under…
USD/CAD may have resumed its short term upside recovery from 1.0246 (01/08/2013 low). However, as mentioned in recent reports we are anticipating the formation of…