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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.

  • AUD/USD: A Short-Term Double-Bottom is Likely in Place

    Published 10 July 2013 | viewed 0 times

    AUD/USD has successfully tested the support at 0.9037. Coupled with the breach of the hourly resistance at 0.9190 (03/07/2013 high), a shortterm double-bottom is likely…

  • EUR/USD: Bouncing Near Support at 1.2797

    Published 09 July 2013 | viewed 0 times

    EUR/USD bounced yesterday near the support at 1.2797. Resistances are at 1.2932 (see also the declining channel) and 1.3032. An initial support lies at 1.2846…

  • USD/CAD: The Resistance at 1.0556 Has Been Broken

    Published 08 July 2013 | viewed 0 times

    USD/CAD has broken the key resistance at 1.0556. However, another strong resistance lies at 1.0658. Hourly supports are at 1.0512 (05/07/2013 low) and 1.0472 (04/07/2013…

  • GBP/USD: Declining Sharply

    Published 05 July 2013 | viewed 0 times

    GBP/USD declined sharply yesterday. The support at 1.5009 is challenged. A key support lies at 1.4832. The short-term technical configuration remains negative as long as…

  • AUD/USD: Making New Lows

    Published 04 July 2013 | viewed 0 times

    AUD/USD continues to decline, breaking the support at 0.9110. Hourly resistances can be found at 0.9190 (03/07/2013 high, see also the declining channel) and 0.9253…

  • EUR/USD: Making New Lows

    Published 03 July 2013 | viewed 0 times

    EUR/USD still exhibits a succession of lower highs. The recent new lows below the support at 1.2985 invalidate a potential base formation. Supports are now…

  • USD/JPY: The Key Resistance at 99.28 Has Been Broken

    Published 02 July 2013 | viewed 0 times

    USD/JPY has broken the key resistance at 99.28 and is moving towards the resistance at 100.46. Hourly supports are at 99.12 (intraday low, see also…

  • EUR/USD: Recent Low at 129.85 Has Held Thus Far

    Published 01 July 2013 | viewed 0 times

    EUR/USD still exhibits a succession of lower highs. However, the recent low at 1.2985 has held thus far. Monitor the resistance at 1.3103, as a…

  • GBP/USD: Moving Lower

    Published 28 June 2013 | viewed 0 times

    GBP/USD continues to move lower. The shortterm technical configuration is bearish as long as prices remain below the resistance at 1.5346 (see also the declining…

  • USD/CHF: The Resistance at 0.9419 Has Been Breached

    Published 27 June 2013 | viewed 0 times

    The resistance at 0.9419 has been breached. USD/CHF's short-term bullish momentum is improving. The resistance at 0.9419 has been breached. Another significant resistance lies at…

  • EUR/USD: Testing It's Recent Low

    Published 26 June 2013 | viewed 0 times

    EUR/USD's bounce is thus far unimpressive. Monitor the test of the support area between 1.3059 and 1.3042. A break of the hourly resistance at 1.3151…

  • USD/CAD: The Key Resistance at 1.0447 Has Been Broken

    Published 25 June 2013 | viewed 0 times

    USD/CAD has broken the key resistance at 1.0447 (04/06/2012 high). However, strong resistances lie at 1.0524 and 1.0658. A short-term bullish bias is still favoured…

  • EUR/USD: Moving Lower

    Published 24 June 2013 | viewed 0 times

    EUR/USD continues to decline from its high at 1.3417. An hourly resistance is at 1.3159 (intraday high). Another resistance can be found at 1.3254. Supports…

  • EUR/USD: Bouncing

    Published 21 June 2013 | viewed 0 times

    EUR/USD has declined sharply from its high at 1.3417. The current bounce near the support at 1.3178 is expected to be capped by the resistance…

  • EUR/USD: A New Bearish Phase Has Likely Started

    Published 20 June 2013 | viewed 0 times

    EUR/USD declined yesterday. Supports at 1.3326 (18/06/2013 low, see also the rising trendlines) and 1.3266 have been broken. Given the short-term overbought conditions, a new…

  • GBP/JPY: Weak Bounce Thus Far

    Published 19 June 2013 | viewed 0 times

    GBP/JPY's bounce near its rising trendline (linking the low of 13/11/2012 with the one of 04/04/2013) is thus far unimpressive. Hourly resistances can be found…

  • USD/JPY: Trying to Form a Base

    Published 18 June 2013 | viewed 0 times

    USD/JPY has thus far held above its recent low at 93.79. However, the succession of lower high is still in place. A break of the…

  • EUR/USD: Short-Term Symmetrical Triangle Favours a Bullish Bias

    Published 17 June 2013 | viewed 0 times

    EUR/USD is consolidating after the break of the resistance at 1.3319. Next resistances can be found at 1.3434 (20/02/2013 high) and 1.3520. The short-term technical…

  • EUR/USD: Moving Higher

    Published 14 June 2013 | viewed 0 times

    EUR/USD has broken the resistance at 1.3319. Next resistances can be found at 1.3434 (20/02/2013 high) and 1.3520. The short-term technical configuration remains positive as…

  • USD/JPY: Sliding

    Published 13 June 2013 | viewed 0 times

    USD/JPY has moved below its recent low at 94.99 (07/06/2013 low). The short-term technical configuration remains negative as long as prices remain below the resistance…

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