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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.

  • EUR/USD: Making a Marginal New Low

    Published 14 March 2013 | viewed 0 times

    EUR/USD has breached its support at 1.2967 (01/03/2013 low), but the current lack of followthrough could indicate a false breakout. An hourly resistance is at…

  • GBP/JPY: Pausing

    Published 13 March 2013 | viewed 0 times

    GBP/JPY is pausing close to its resistance at 144.73 (08/03/2013 high). Hourly supports are given by the rising trendline and 141.51 (06/03/2013 high). Another resistance…

  • USD/JPY: Grinding Higher

    Published 12 March 2013 | viewed 0 times

    USD/JPY continues to move higher but at a slower pace compared to previous days. Resistances can be found at 96.71 (intraday high) and 97.79 (07/08/2009…

  • GBP/USD: Making New Lows

    Published 11 March 2013 | viewed 0 times

    GBP/USD has broken its support at 1.4967 (07/03/2013 low). Further weakness is favoured. Hourly resistances can be found at 1.4967 and 1.5083 (07/03/2013 high). An…

  • EUR/USD: Hourly Double-Bottom Validated

    Published 08 March 2013 | viewed 0 times

    EUR/USD has broken the hourly resistance at 1.3075 (05/03/2013 high), validating an hourly double-bottom. A test of the resistance at 1.3162 (28/02/2013 high, see also…

  • USD/CAD: Approaching its Recent High

    Published 07 March 2013 | viewed 0 times

    USD/CAD has broken the key resistance defined by the high of its medium-term declining channel (see below) and 1.0250 (12/07/2012 high). Monitor the test of…

  • EUR/USD: Weak Rebound Thus Far

    Published 06 March 2013 | viewed 0 times

    EUR/USD has thus far successfully tested its key support at 1.2998 (04/01/2013 low) on a daily close basis. However, it remains under the negative influence…

  • AUD/USD: Bullish Intraday Reversal Near The Key Support Area

    Published 05 March 2013 | viewed 0 times

    AUD/USD has made an intraday bullish reversal near the key support area between 1.0177 and 1.0149. A short-term rebound is likely. The hourly resistance at…

  • EUR/USD: Monitor The Test of The Support at 1.2998

    Published 04 March 2013 | viewed 0 times

    EUR/USD has remained weak since the break of its significant support at 1.3257 (16/01/2013 low, see also the rising trendline). Monitor the test of the…

  • USD/CAD: Moving Higher

    Published 01 March 2013 | viewed 0 times

    USD/CAD has broken the key resistance defined by the high of the medium-term declining channel and 1.0250 (12/07/2012 high). Resistances can be found at 1.0363…

  • EUR/USD: Support at 1.2998 Has Held Thus Far

    Published 28 February 2013 | viewed 0 times

    EUR/USD has broken a significant support at 1.3257 (16/01/2013 low, see also the rising trendline). However, the key support at 1.2998 (04/01/2013 low) has thus…

  • AUD/USD: Approaching a Key Support Area

    Published 27 February 2013 | viewed 0 times

    AUD/USD has moved below its support at 1.0227 (12/02/2013 low). Monitor the test of the key support area between 1.0177 and 1.0149. An hourly resistance…

  • USD/JPY: Sharp Bearish Reversal

    Published 26 February 2013 | viewed 0 times

    USD/JPY started yesterday by breaking the resistance at 94.46 (11/02/2013 high) but then declined sharply to finish below the support at 92.23 (15/02/2013 low). Hourly…

  • GBP/USD: The Key Support at 1.5235 Has Been Broken

    Published 25 February 2013 | viewed 0 times

    GBP/USD closed last Friday below its strong support at 1.5235 (13/01/2012 low). It has also moved below its recent low at 1.5132 (21/02/2013 low). Hourly…

  • EUR/USD: The support at 1.3257 Has Been Broken

    Published 22 February 2013 | viewed 0 times

    EUR/USD has broken the support at 1.3257 (16/01/2013 low) and its rising trendline. Monitor the test of the support at 1.3187 (50% retracement) as the…

  • GBP/JPY: Bearish Breakout at 142.77

    Published 21 February 2013 | viewed 0 times

    GBP/JPY broke its support at 142.77 (see also the rising channel) yesterday, suggesting a deeper correction. The support at 141.90 is challenged. A key support…

  • EUR/USD: Bullish Breakout at 1.3393

    Published 20 February 2013 | viewed 0 times

    EUR/USD has broken its resistance at 1.3393, opening the way for a move towards the resistance at 1.3520 (13/02/2013 high). Monitor the resistance implied by…

  • USD/CAD: Bullish Breakout at 1.0100

    Published 19 February 2013 | viewed 0 times

    USD/CAD has broken its resistance at 1.0100. The next resistance is given by the declining channel. Hourly supports can be found at 1.0058 (18/02/2013 low)…

  • USD/JPY: Approaching its Recent High

    Published 18 February 2013 | viewed 0 times

    USD/JPY has successfully tested its key support area defined by 92.17 (08/02/2013 low) and 91.98 (05/02/2013 low). It is now close to its previous high…

  • GBP/JPY: Bearish Breakout of the Resistances at 144.85 and 144.27

    Published 15 February 2013 | viewed 0 times

    GBP/JPY has broken the support area defined by 144.85 (05/02/2013 low) and 144.27 (17/01/2013 high). Further decline towards the support at 141.90 (see also rising…

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