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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/CHF: Approaching The Key Resistance at 0.9383

    Published 17 January 2013 | viewed 0 times

    USD/CHF has broken its resistance at 0.9303 (04/01/2013 high). A key resistance is at 0.9383 (see also the high of the declining channel in the…

  • EUR/USD: Weakening

    Published 16 January 2013 | viewed 0 times

    EUR/USD is correcting its rise from the low at 1.2998. We see that weakness as a short-term event and then expect further strength towards the…

  • USD/CHF: Bouncing Sharply

    Published 15 January 2013 | viewed 0 times

    USD/CHF bounced sharply yesterday. Monitor the resistance at 0.9274 (09/01/2013 low). Another resistance can be found at 0.9303 (04/01/2013 high). Hourly supports are at 0.9199…

  • EUR/USD: Approaching The Strong Resistance at 1.3487

    Published 14 January 2013 | viewed 0 times

    EUR/USD has broken the resistance area defined by 1.3284 and its previous highs at 1.3308 (19/12/2012 high). A move towards the strong resistance at 1.3487…

  • USD/CAD: The Support at 0.9825 is Challenged

    Published 11 January 2013 | viewed 0 times

    USD/CAD has declined towards the key support at 0.9825 (13/12/2012 low). A break of this support would open the way for a test of the…

  • GBP/USD: Challenging Support at 1,6003

    Published 10 January 2013 | viewed 0 times

    GBP/USD is moving sideways close to the support at 1.6003 (07/12/2012 low). A break of the resistance at 1.6129 (08/01/2013 high) is needed to negate…

  • AUD/USD: Grinding Higher

    Published 09 January 2013 | viewed 0 times

    AUD/USD has risen following its bullish intraday reversal made on 4 January. Resistances are at 1.0527 (03/01/2013 high) and 1.0586 (12/12/2012 high). An hourly support…

  • USD/JPY: The Support at 87.60 Has Been Broken

    Published 08 January 2013 | viewed 0 times

    USD/JPY's overextended rise has broken its hourly support at 87.60 (see also rising channel) after failing to make a new high. The hourly double-top calls…

  • EUR/USD: Corrective Phase Underway

    Published 07 January 2013 | viewed 0 times

    EUR/USD bounced last Friday. However, as long as the resistance at 1.3121 (intraday high) holds, further short-term weakness is favoured. Monitor the support implied by…

  • EUR/USD: Weakening

    Published 04 January 2013 | viewed 0 times

    EUR/USD declined sharply yesterday, leading to the break of its short-term rising channel. Monitor the support implied by the mediumterm rising trendline (around 1.2960). Another…

  • EUR/USD: The Support at 1.3159 Has Been Broken

    Published 03 January 2013 | viewed 0 times

    EUR/USD has broken to the downside out of its horizontal range between the support at 1.3159 and the resistance at 1.3308. Further short-term weakness is…

  • USD/CAD: Weakening

    Published 02 January 2013 | viewed 0 times

    USD/CAD is declining sharply after having moved above its resistance at 0.9962 (28/11/2012 high), which suggests a bearish trap. A test of the support at…

  • EUR/JPY: Breaking Out at 85.53

    Published 28 December 2012 | viewed 0 times

    USD/JPY has broken its strong resistance at 85.53 (06/04/2011 high). Another resistance is at 89.16 (12/07/2010 high). Hourly supports can be found at 85.48 (27/12/2012…

  • EUR/USD: Support at 1.3144 is Intact

    Published 27 December 2012 | viewed 0 times

    EUR/USD has broken the strong resistance at 1.3172 (17/09/2012 high) and has, thus far, successfully tested the hourly support at 1.3144 (17/12/2012 low). Monitor the…

  • EUR/USD: Short-Term Bullish Momentum is Fading

    Published 21 December 2012 | viewed 0 times

    EUR/USD has broken the strong resistance at 1.3172 (17/09/2012 high). However, the intraday bearish reversal made on 19 December close to the resistance at 1.3284…

  • USD/CHF: Monitor Testerday's Intraday Bullish Reversal

    Published 20 December 2012 | viewed 0 times

    USD/CHF made an intraday's bullish reversal yesterday, favouring a short-term bounce. Monitor the hourly resistances at 0.9195 (intraday high) and 0.9248 (14/12/2012 high). Supports can…

  • USD/JPY: Challenging The Recent Highs

    Published 19 December 2012 | viewed 0 times

    USD/JPY rose yesterday. It is now challenging its recent highs at 84.48 (17/12/2012 high). Hourly supports can be found at 83.61 (l17/12/2012 low) and 83.25…

  • GBP/USD: Bullish Breakout at 1.6178

    Published 18 December 2012 | viewed 0 times

    GBP/USD has broken the resistance at 1.6178, which opens the way for a test of the strong resistance at 1.6302. Hourly supports can be found…

  • USD/CHF: Bearish Breakout of The Key Support at 0.9215

    Published 17 December 2012 | viewed 0 times

    USD/CHF has broken the key support at 0.9215 (17/10/2012 low), opening the way for a move towards 0.9043 (01/05/2012 low). Hourly resistances can be found…

  • USD/CAD: Potential Hourly Base Formation

    Published 14 December 2012 | viewed 0 times

    USD/CAD has broken its key support at 0.9875 (07/11/2012 low), opening the way for a mediumterm move towards the next support at 0.9764 (11/10/2012 low).…

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