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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.

  • USD/JPY: Breaks Diamond Formation

    Published 07 August 2013 | viewed 0 times

    USD/JPY has broken under the support of the large diamond pattern that we noted yesterday. Failure to find support in this region will warn of…

  • USD/JPY: Large Diamond Pattern Warns of Potential Weakness

    Published 06 August 2013 | viewed 0 times

    USD/JPY is exhibiting a large diamond pattern in the daily time frame. This suggests scope for weakness in the days ahead. However, if a break…

  • EUR/USD: Break Back Over 1.3345 Anticipated

    Published 05 August 2013 | viewed 0 times

    EUR/USD continues to look bullish in the short and medium-term time frames. With this in mind a retest of the recent high at 1.3345 (31/07/2013)…

  • GBP/JPY: Double Bottom Triggered

    Published 02 August 2013 | viewed 0 times

    GBP/JPY has triggered the double bottom formation that we noted yesterday. Although short-term overbought conditions are in place, we anticipate a higher low versus 148.26,…

  • EUR/USD: Meets Strong Resistance Close to 1.330

    Published 01 August 2013 | viewed 0 times

    EUR/USD has met strong resistance after testing above the 1.3300 level. Yesterday's push higher tested above falling daily trend-line resistance, potentially leaving a false break…

  • AUD/USD: Testing its Previous Low

    Published 31 July 2013 | viewed 0 times

    AUD/USD is moving si d eways since 20 June. However, monitor the test of the recent low at 0.8999. Hourly resistances can be found at…

  • USD/CAD: Challenging Its Steep Declining Trendline

    Published 30 July 2013 | viewed 0 times

    USD/CAD has broken its support at 1.0326 (11/07/2013 low), validating a bear flag with an implied downside risk at 1.0159. The short-term technical configuration remains…

  • USD/JPY: Making New Lows

    Published 29 July 2013 | viewed 0 times

    USD/JPY continues to decline, breaking the support at 98.27. Other supports are given by the low of the declining channel (around 97.34) and 96.87. An…

  • EUR/USD: Pushing Higher Through the Resistance at 1.3254

    Published 26 July 2013 | viewed 0 times

    EUR/USD continues to move higher, breaking the resistance at 1.3254. Another resistance is given by the declining trendline (around 1.3336), while a strong resistance lies…

  • Silver: Fading Near its Declining Trendline

    Published 25 July 2013 | viewed 0 times

    Silver is fading near the resistance implied by its declining trendline (around 20.63). Hourly supports can be found at 19.71 (38.2% retracement of the recent…

  • AUD/USD: Monitor the Strong Resistance at 0.9345

    Published 24 July 2013 | viewed 0 times

    AUD/USD has moved above the resistances implied by its declining trendlines, but has thus far failed to hold above them. Furthermore, a strong resistance still…

  • GBP/USD: Bullish Breakout at 1.5305

    Published 23 July 2013 | viewed 0 times

    GBP/USD has broken its strong resistance at 1.5305. Next resistances are likely found at 1.5477 (25/06/2013 high) and 1.5531 (21/06/2013 high, see also the 200-day…

  • EUR/USD: Grinding Higher

    Published 22 July 2013 | viewed 0 times

    EUR/USD is consolidating after its sharp rise. Monitor the horizontal range between 1.2994 and 1.3207. The initial resistance at 1.3177 (17/07/2013 high, see also the…

  • Silver: Deteriorating

    Published 19 July 2013 | viewed 0 times

    Silver has broken the support at 19.59. The subsequent move back to this broken support (acting now as a resistance) looks like a pullback. A…

  • USD/CAD: Monitor The Resistance at 1.0436

    Published 18 July 2013 | viewed 0 times

    USD/CAD is challenging the resistance at 1.0436 (see also the declining trendline). Hourly supports lie at 1.0359 (12/07/2013 low) and 1.0326 (11/07/2013 low). Another resistance…

  • EUR/USD: Approaching its Recent High

    Published 17 July 2013 | viewed 0 times

    EUR/USD is consolidating after its sharp rise. The break of the resistance at 1.3122 is shortterm positive. However, a strong resistance lies at 1.3207 (11/07/2013…

  • USD/JPY: The Resistance at 99.63 Has Been Broken

    Published 16 July 2013 | viewed 0 times

    USD/JPY continues to retrace its decline from the top at 101.53. The resistance at 99.63 has been broken. Another resistance can be found at 100.64.…

  • GBP/USD: Short-Term Consolidation is Underway

    Published 15 July 2013 | viewed 0 times

    GBP/USD is weakening after its surge higher near the support at 1.4832. A resistance lies at 1.5222 (11/07/2013 high), while a key resistance is at…

  • EUR/USD: Digesting its Recent Sharp Rise

    Published 12 July 2013 | viewed 0 times

    EUR/USD is consolidating after its sharp rise. Resistances can be found at 1.3207 (11/07/2013 high) and 1.3254 (21/06/2013 high). Hourly supports are at 1.3006 and…

  • EUR/USD: Surging Higher

    Published 11 July 2013 | viewed 0 times

    EUR/USD has risen sharply, breaking many resistance levels in the process. Resistances can now be found at 1.3207 (intraday high) and 1.3254 (21/06/2013 high). Hourly…

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