MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• USD/JPY: The Key Resistance at 80.62 Has Been Breached

  Published 15 November 2012 | viewed 0 times

  USD/JPY has moved above the resistance at 80.62. The next resistance is at 81.78. An hourly support can be found at 80.45 (06/11/2012 high). Another…

• AUD/USD: Grinding Higher

  Published 14 November 2012 | viewed 0 times

  AUD/USD has moved above its hourly resistance at 1.0444 (08/11/2012 high). A new test of the resistance at 1.0475 (28/09/2012 high) is likely. The key…

• EUR/USD: Sliding

  Published 13 November 2012 | viewed 0 times

  EUR/USD has broken its key support at 1.2748 (see also 38.2% retracement of the rise from 1.2043 to 1.3172). The technical configuration is negative as…

• EUR/USD: Bearish Breakout at 1.2748

  Published 12 November 2012 | viewed 0 times

  EUR/USD has broken its key support at 1.2748 (see also 38.2% retracement of the rise from 1.2043 to 1.3172). The technical configuration is negative as…

• USD/CAD: Approaching its Previous Highs

  Published 09 November 2012 | viewed 0 times

  USD/CAD has successfully tested its short-term support area between 0.9889 and 0.9872 (38.2% retracement of the rise from 0.9633 to 1.0019). A test of the…

• EUR/USD: Challenging a Key Support Area

  Published 08 November 2012 | viewed 0 times

  EUR/USD has completely erased the gains made during yesterday's session. The key support at 1.2748 (see also 38.2% retracement of the rise from 1.2043 to…

• EUR/USD: Bouncing Close To Key Support Area

  Published 07 November 2012 | viewed 0 times

  EUR/USD is bouncing near the key support at 1.2748 (see also 38.2% retracement of the rise from 1.2043 to 1.3172). Monitor the short-term resistance at…

• AUD/USD: Bullish Breakout at 1.0412 Favours a Short-Term Bullish Bias

  Published 06 November 2012 | viewed 0 times

  AUD/USD has moved above its resistance at 1.0412. Further short-term strength is favoured. An hourly support can be found at 1.0400 (intraday high). The next…

• EUR/USD: Challenging Key Support Area

  Published 05 November 2012 | viewed 0 times

  EUR/USD declined sharply last Friday. The key support is at 1.2748 (see also 38.2% retracement of the rise from 1.2043 to 1.3172). An hourly resistance…

• EUR/USD: Returns To Test Base of The Symmetrical Triangle

  Published 02 November 2012 | viewed 0 times

  EUR/USD failed to break its short-term resistance at 1.3023 on Wednesday. The subsequent rejection has now broken under prior platform support near 1.2880. We now…

• GBP/USD: The Short-Term Declining Channel Has Been Broken

  Published 01 November 2012 | viewed 0 times

  GBP/USD has broken its short-term declining channel, which is short-term positive. A test of the short-term resistance at 1.6178 is likely underway. An hourly support…

• USD/CAD: The Key Resistance at 0.9949 Has Been Broken

  Published 31 October 2012 | viewed 0 times

  USD/CAD has broken its key resistance at 0.9949, which is short-term positive. The next resistance is at 1.0085 (02/08/2012 high). An hourly support can be…

• Gold: Possible Short-Term Base Formation

  Published 30 October 2012 | viewed 0 times

  Gold has successfully tested its previous low at 1699 (24/10/2012 low). A possible short-term base formation could be underway. Monitor the hourly resistance at 1718…

• EUR/USD: Challanging Support Area

  Published 29 October 2012 | viewed 0 times

  EUR/USD continues to weaken since its 18 October high. It is now challenging the support area implied by its rising trendline and 1.2891. The hourly…

• Gold: Testing its Previous Low

  Published 26 October 2012 | viewed 0 times

  Gold has erased yesterday's gains. Monitor the previous low at 1699 (24/10/2012 low). Another support is at 1686. A short-term resistance is at 1732 (23/10/2012…

• AUD/USD: Bullish Engulfing Pattern Favors Further Short-Term Strength

  Published 25 October 2012 | viewed 0 times

  AUD/USD rose sharply yesterday, erasing most of its recent decline. A test of the previous high at 1.0412 is expected. Another resistance can be found…

• EUR/USD: Support Area Broken

  Published 24 October 2012 | viewed 0 times

  EUR/USD declined yesterday and broke the support area between 1.3016 (intraday low) and 1.2991 (09/10/2012 high), forcing us to stop our strategy. A break of…

• EUR/JPY: Key Resistance at 103.86 Broken

  Published 23 October 2012 | viewed 0 times

  EUR/JPY has broken its resistance at 103.86 but is fading close to its declining trendline. Monitor the hourly supports at 103.75 (intraday low) and 103.13…

• Silver: Breaching Support at 31.94

  Published 22 October 2012 | viewed 0 times

  Silver continues to decline. However, the theoretical target at 31.66 implied by the double-top has almost been reached and prices are getting close to short-term…

• EUR/USD: Correcting After Sharp Rise

  Published 19 October 2012 | viewed 0 times

  EUR/USD weakened yesterday close to the key resistance at 1.3172 (see also declining trendline). However, the broken symmetrical triangle calls for further strength towards 1.3320.…