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MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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.

  • 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…