MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• EUR/USD - Resistance Anticipated Close to 1.2515/60

  Published 27 June 2012 | viewed 0 times

  EUR/USD appears to be in a short term squeeze higher, with resistance expected close to 1.2515 and 1.2560. Should these moves take place, or, if…

• EUR/JPY - Lower High Sought For Further Downside Extension

  Published 26 June 2012 | viewed 0 times

  EUR/JPY appears to be in the midst of a recovery from the recent 95.60 low made at the beginning of June. If a break under…

• EUR/USD Unwinding From Oversold Conditions

  Published 06 June 2012 | viewed 0 times

  EUR/USD is continuing to unwind from oversold conditions, following the worst-than expected US non-farm payrolls, which triggered economic recovery concerns last week. Near-term resistance is…

• GBP/USD Corrective Activity From Ahead of the YTD Low

  Published 05 June 2012 | viewed 0 times

  GBP/USD is seeing some corrective activity from just ahead of the 1.5235 YTD low as the recent accelerated decline starts to unwind. The velocity of…

• EUR/USD Pushes Lower, Ahead of US Non-Farm Payroll

  Published 01 June 2012 | viewed 0 times

  EUR/USD is pushing to fresh new lows ahead of the NFP release, while maintaining oversold price conditions, with both momentum and net short positions holding…

• AUD/USD Intraday Pullback Attempts to Unwind From Oversold Conditions

  Published 31 May 2012 | viewed 0 times

  AUD/USD's intraday pullback is attempting to once again unwind from very oversold conditions. Expect a healthy reversion back above the multi-week bear channel. Daily Technical…

• USD/CAD Gains Capped Beneath Key Resistance At 1.0284

  Published 30 May 2012 | viewed 0 times

  USD/CAD’s latest bullish breakout is failing into key resistance at 1.0284. The move is also showing signs of price exhaustion after retracing over 76.4% of…

• EUR/USD Steady, Ahead of This Week's US Non-Farm Payroll

  Published 29 May 2012 | viewed 0 times

  EUR/USD is steady ahead of the NFP release, still attempting to unwind from oversold price conditions, with both momentum and net short positions holding at…

• EUR/USD Unwinds From Oversold Conditions

  Published 28 May 2012 | viewed 0 times

  EUR/USD is attempting to unwind from oversold price conditions, with both momentum and net short positions at extremes. Expect a temporary relief bounce over the…

• GBP/USD Heading Towards 1.5603 Support

  Published 25 May 2012 | viewed 0 times

  GBP/USD has extended the decline from 1.6302 to settle below the 1.5805 support level, aborting a basing attempt. While we could see a corrective rebound…

• EUR/USD Renewed Setbacks Trigger Fresh 2012 Lows

  Published 24 May 2012 | viewed 0 times

  EUR/USD’s renewed setbacks are continuing to trigger fresh 2012 lows. However, price conditions remain very oversold and unsustainable, with both extreme momentum and net short…

• EUR/USD Setback Targets 1.2624 (2012 low)

  Published 16 May 2012 | viewed 0 times

  EUR/USD’s multi-month reversal pattern has extended its setback and, as anticipated, now targets 1.2624 (2012 swing low). However, the slide is still very overstretched and…

• EUR/USD Bearish Momentum Unwinds From Oversold Conditions

  Published 15 May 2012 | viewed 0 times

  EUR/USD's bearish momentum is temporarily unwinding, having overstretched beneath psychological support at 1.3000. Our model portfolio remains short, with a breakeven stop. While the market…

• Gold's Channel Breakout Targets Key Support at $1522

  Published 14 May 2012 | viewed 0 times

  Gold: Lowered stop to $1599, thereby locking in further profits. Gold has just breached its multi-month channel support and now targets key level at $1522…

• GBP/USD Approaching Strong Support

  Published 11 May 2012 | viewed 0 times

  GBP/USD is showing early signs of basing on the approach to the old swing high at 1.6063 as the pullback from 1.6302 stalls. While we…

• EUR/USD Bearish Pattern Breaks Psychological Level at 1.3000

  Published 10 May 2012 | viewed 0 times

  EUR/USD’s major bearish reversal pattern has broken psychological support at 1.3000 and assisted our model portfolio short position. The move is being weighed by a…

• EUR/USD: Bearish Pattern Tests Psychological Level at 1.3000

  Published 09 May 2012 | viewed 0 times

  EUR/USD’s major bearish reversal pattern is testing psychological support at 1.3000 and has activated our model portfolio short position. The move is being weighed by…

• AUD/USD Bearish Reversal Targets 1.0000

  Published 08 May 2012 | viewed 0 times

  Achieved First Objective. Stop lowered to breakeven, thereby ensuring a risk-free trade. AUD/USD remains bearish after extending beneath its 200-day average and now targets support…

• EUR/USD Bearish Pattern Tests Psychological Level at 1.3000

  Published 07 May 2012 | viewed 0 times

  EUR/USD’s latest bearish reversal pattern is testing psychological support at 1.3000 and has activated our model portfolio short position. The move is being weighed by…

• Gold's Renewed Setbacks Targets 1600

  Published 04 May 2012 | viewed 0 times

  Gold is capped under its short-term bearish channel ceiling (see intraday chart), beneath $1680 (12th April high) and the 200-day average (at $1700). It still…