MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• Gold: Short-Term Top Formation in Place

  Published 12 June 2013 | viewed 0 times

  Gold has broken the support at 1385, validating a short-term top formation. The implied downside risk is at 1349. The support at 1374 has been…

• GBP/USD: Moving Sideways

  Published 11 June 2013 | viewed 0 times

  GBP/USD has thus far failed to break the resistance area defined by the resistance at 1.5606 (01/05/2013 high) and the 200-day moving average. Another resistance…

• EUR/USD: Fading Near The Resistance at 1.3319

  Published 10 June 2013 | viewed 0 times

  EUR/USD has thus far failed to break the resistance at 1.3319. Hourly supports for a shortterm correction are given by 1.3131 (intraday high) and 1.3092…

• AUD/USD: Weak Bounce Thus Far

  Published 07 June 2013 | viewed 0 times

  AUD/USD has thus far only managed to produce a dead cat bounce in an environment where the USD dollar is weak across the board. Monitor…

• EUR/USD: Moving Higher

  Published 06 June 2013 | viewed 0 times

  EUR/USD is moving above its recent high at 1.3108 (03/06/2013 high). The short-term structure remains bullish while above the support at 1.3042 (04/06/2013 low). Another…

• Gold: Fading Near the Resistance at 1420

  Published 05 June 2013 | viewed 0 times

  Gold may have completed a short-term rebound following the rejection at 1422 seen last Friday. In fact the daily structure, present since 1488 (03/05/2013 high),…

• USD/CHF: Bearish Breakout at 0.9521

  Published 04 June 2013 | viewed 0 times

  USD/CHF has broken the key support at 0.9521. Another key support can be found at 0.9334 (see 200 day moving average and rising trendline linking…

• EUR/USD: Short-Term Recovery Higher Favoured

  Published 03 June 2013 | viewed 0 times

  EUR/USD: Short-Term Recovery Higher Favoured - MIG Bank - June 3/13 EUR/USD has broken its resistances at 1.2998 (22/02/2013 high) and is challenging the one…

• GBP/USD: Short-Term Double-Bottom Formation

  Published 31 May 2013 | viewed 0 times

  GBP/USD has validated a double-bottom formation with an upside potential at 1.5298. Resistances can be found at 1.5281 (20/05/2013 high) and 1.5331 (14/05/2013 high). Hourly…

• USD/JPY: The Recent Low at 100.67 is Challenged

  Published 30 May 2013 | viewed 0 times

  USD/JPY has successfully tested its resistance at 102.59 and is now challenging the support at 100.67. Other supports can be found at 99.95 and 98.58.…

• AUD/USD: Moving Below The Strong Support at 0.9582

  Published 29 May 2013 | viewed 0 times

  AUD/USD is moving below its strong support at 0.9582. Another strong support lies at 0.9388. Hourly resistances are at 0.9597 (28/05/2013 low) and 0.9696 (28/05/2013…

• USD/CAD: Consolidating

  Published 28 May 2013 | viewed 0 times

  USD/CAD continues to bounce after the 23 May sharp decline. Monitor the test of the hourly resistance at 1.0360 (intraday high). Another resistance can be…

• EUR/USD: Resistance Area Intact Thus Far

  Published 27 May 2013 | viewed 0 times

  EUR/USD faded last Friday close to its resistance area defined by 1.2998 (22/02/2013 high) and 1.3029 (14/05/2013 high). An hourly support can be found at…

• USD/CAD: The Short-Term Rising Trendline is Still in Place

  Published 24 May 2013 | viewed 0 times

  USD/CAD has sharply retraced the rise made on 22 May, which led to the break of the strong resistance at 1.0342 (01/03/2013 high). However, the…

• EUR/USD: Intraday Bearish Reversal

  Published 23 May 2013 | viewed 0 times

  EUR/USD made an intraday bearish reversal close to the hourly resistances at 1.2943 (15/05/2013 high) and 1.3029 (14/05/2013 high). Monitor the recent low at 1.2797…

• AUD/USD: Pausing

  Published 22 May 2013 | viewed 0 times

  AUD/USD is pausing within its underlying downtrend. Hourly resistances are at 0.9843 and 0.9919 (15/05/2013 high). As long as prices remain below that second level,…

• USD/JPY: Succession of Higher Lows Intact

  Published 21 May 2013 | viewed 0 times

  USD/JPY is moving within an underlying uptrend. Hourly supports can be found at 101.83 (16/05/2013 low) and 101.26. An hourly resistance is now at 103.31…

• Silver: Key Support at 22.07 Intact Thus Far

  Published 17 May 2013 | viewed 0 times

  Silver has thus far failed to break its key support at 22.07 (16/04/2013 low). An hourly resistance is at 22.85. Another resistance can be found…

• USD/JPY: Grinding Higher

  Published 16 May 2013 | viewed 0 times

  USD/JPY continues to probe higher, moving above the strong resistance at 101.45. Hourly supports can be found at 101.85 (15/05/2013 low) and 101.26. The break…

• GBP/USD: Sliding

  Published 15 May 2013 | viewed 0 times

  GBP/USD has broken its rising channel which confirms a weakening momentum of the rise that started from the low at 1.4832. Monitor the support at…