MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• AUD/USD - Wide-Open For Further Increase

  Published 20 January 2017 | viewed 0 times

  AUD/USD's demand is increasing despite some consolidation. The pair is on a very shortterm bullish momentum since it reached support around 0.7145 (24/05/2016 low). Strong…

• Gold - Short-Term Bullish Momentum Is Ending

  Published 19 January 2017 | viewed 0 times

  Gold recovery is fading on. Hourly resistance is given at 1221 (22/11/2017 high). Hourly support lies at 1171 (intraday low). Strong support is located at…

• EUR/JPY - Old Support Becomes New Resistance

  Published 18 January 2017 | viewed 0 times

  EUR/JPY is trading mixed. The pair is stalling below former support given at 121.68. Weak demand indicates no near term challenge to range top. Expect…

• Gold - Riding Uptrend Channel

  Published 17 January 2017 | viewed 0 times

  Gold recovery is definitely on and limited correction suggests extension of bullish momentum. Hourly resistance given at 1221 (22/11/2017 high) is approaching. Hourly support lies…

• AUD/USD - Trading Around The 200-DMA

  Published 16 January 2017 | viewed 0 times

  AUD/USD has finally ended its rebound from support given at 0.7145 (24/05/2016 low). A short-term bullish technical structure dominates. Local support is given at 0.7331…

• USD/CAD - Lack of Follow-Through

  Published 13 January 2017 | viewed 0 times

  USD/CAD is showing strong bearish pressures. However, the pair has failed to hold below broken support at 1.3082 (14/12/2016 low). Key resistance is located at…

• AUD/USD - Monitoring The 200-Day Moving Average

  Published 12 January 2017 | viewed 0 times

  AUD/USD is still bouncing back from resistance given at 0.7145 (24/05/2016 low). A short-term bullish technical structure dominates. Local support is given at 0.7331 (yesterday…

• EUR/JPY - Bouncing On And Off

  Published 11 January 2017 | viewed 0 times

  EUR/JPY is bouncing within the current 121.68 to 124.10 range. Weak demand indicates no near term challenge to range top. Hourly support is located at…

• GBP/USD - Targeting Support At 1.2083

  Published 10 January 2017 | viewed 0 times

  GBP/USD has reversed after false break out of recent bearish channel. Hourly support lies at 1.2083 (25/10/2016 low) while hourly resistance lies at 1.2268 (intraday…

• Outlook 2017

  Published 09 January 2017 | viewed 0 times

  With 2017 approaching fast, we are perplexed by the faith that investors have placed in the current narrative, namely Trump + US Presidency = global…

• Gold - Pause in Bullish Momentum

  Published 09 January 2017 | viewed 0 times

  Gold recovery rally has stalled yet limited correction suggests extension of bullish momentum. Strong resistance is located at 1185 (28/11/2017 high). Hourly support is given…

• Gold - Bullish Pressures Accelerate

  Published 06 January 2017 | viewed 0 times

  Gold remains weak but the metal is showing renewed bullish pressures. Support is located at 1122 (15/12/2016 low ). Hourly resistance is given at 1188…

• USD/JPY - Bearish Pressures

  Published 05 January 2017 | viewed 0 times

  USD/JPY has weakened and is moving away from hourly resistance given at 118.66 (15/12/2016 high). Hourly support at 116.05 (30/12/2016 low) has been broken. Stronger…

• AUD/USD - Bouncing From Support At 0.7145

  Published 04 January 2017 | viewed 0 times

  AUD/USD's buying pressures increase around strong support given at at 0.7145 (24/05/2016 low). Further upside is likely towards resistance at 0.7313 (19/12/2016 high). In the…

• Crude Oil - Consolidating Below Resistance At 54.51

  Published 03 January 2017 | viewed 0 times

  Crude oil is still in a bullish trend despite some profit taking at the moment that sent the commodity lower. The commodity has weakened from…

• GBP/USD - Breaking Support At 1.2302

  Published 23 December 2016 | viewed 0 times

  GBP/USD is trading below former uptrend channel. Strong support at 1.2302 (18/11/2016 low) has been broken while resistance lies at 1.2509 (16/12/2016 high). The technical…

• EUR/CHF - Bouncing Back Above 1.0700

  Published 22 December 2016 | viewed 0 times

  EUR/CHF's selling pressures are definitely important. Strong support is given at 1.0686 (18//11/2016 low) has been broken. Expected to see continued bearish pressures towards 1.0623.…

• EUR/GBP - Slow Increase

  Published 21 December 2016 | viewed 0 times

  EUR/GBP's bullish pressures are increasing and the pair has reached 0.8400. Hourly support area is given from 0.8333 (former support 06/09/2016 low) and 0.8304 (05/12/2016…

• AUD/USD - Wide-Open For Further Weakness

  Published 20 December 2016 | viewed 0 times

  AUD/USD has fully erased hourly support given at 0.7311 (21/07/2016 low). Stronger support can be found at 0.7145 (24/05/2016 low). Expected to continue heading lower…

• EUR/JPY - Buying Pressures Start To Fade

  Published 19 December 2016 | viewed 0 times

  EUR/JPY's bullish momentum is clearly on despite some bearish consolidation. The pair is trading above former resistance at 122.01 (23/06/2016 high). The road is nonetheless…