MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• USD/JPY Pullback Holds Around Support at 82.00

  Published 26 March 2012 | viewed 0 times

  USD/JPY’s recent pullback, following the DeMark™ exhaustion signal, is holding around support at 82.00. Only a decisive confirmation above 83.40 and 84.18 will extend the…

• SILVER Downside Pressure for $30.0000

  Published 23 March 2012 | viewed 0 times

  Silver’s downside pressure remains after extending lower yesterday from its bearish reversal signal that was triggered by our DeMark™ exhaustion signal on 28th Feb. The…

• USD/CAD: Oscillating Around The 200-Day Average

  Published 22 March 2012 | viewed 0 times

  USD/CAD's DeMark™ exhaustion buy signal remains active while price still oscillates around its 200-day average. A sustained confirmation above 1.0080 will signal a potential upside…

• EURO Rebound Targets Key Level at 1.3291

  Published 21 March 2012 | viewed 0 times

  EUR/USD’s latest rebound is extending higher and targeting key level at 1.3291 (09th March high). Only a confirmation back above 1.3291 and 1.3436/60 unlocks an…

• USD/JPY Exhaustion Signal Maintains Healthy Pullback

  Published 20 March 2012 | viewed 0 times

  USD/JPY's DeMark™ exhaustion signal is continuing to maintain a healthy pullback beneath our risk key level at 83.83/85. However, this level is currently being re-tested…

• Euro Maintains Short-Term Downtrend

  Published 19 March 2012 | viewed 0 times

  EUR/USD is still maintaining its short-term downtrend from late February, while capped beneath last Friday’s high. The bears need to close decisively below 1.3000 (psychological…

• GBP/JPY - Next Targets 132.50

  Published 16 March 2012 | viewed 0 times

  GBP/JPY has breached the 130.11 swing high to confirm the corrective low at 126.55, resuming the uptrend. While 130.11 holds there is potential for an…

• EUR/USD Targets Psychological Level at 1.3000

  Published 15 March 2012 | viewed 0 times

  EUR/USD remains under pressure after resuming its sharp decline beneath key level at 1.3436 (50% Fib Oct/Jan decline) and triggering multiple reversal patterns. The bears…

• Euro Targets Psychological Level at 1.3000

  Published 14 March 2012 | viewed 0 times

  EUR/USD remains under pressure after resuming its sharp decline beneath key level at 1.3436 (50% Fib Oct/Jan decline). The bears need to close decisively below…

• GBP/USD Support Breached

  Published 13 March 2012 | viewed 0 times

  GBP/USD extended the pullback from 1.5834 to breach the 1.5645 support level but early signs of basing are noted. While 1.5834 caps we cannot rule…

• USD/JPY Potential Exhaustion Signal

  Published 12 March 2012 | viewed 0 times

  USD/JPY has triggered a potential DeMark™ exhaustion signal after its recent surge higher above 82.00. Watch for confirmation above 82.65 and 83.85, to resume the…

• GBP/USD Recovering Well

  Published 09 March 2012 | viewed 0 times

  GBP/USD found support at 1.5698 area after the breakdown from just shy of 1.6000. While hourly resistance at 1.5883 caps we cannot rule out another…

• Silver Unwinding From Oversold Conditions

  Published 08 March 2012 | viewed 0 times

  Silver is unwinding from oversold conditions, after extending lower from its bearish reversal signal that was triggered by our DeMark™ exhaustion signal on 28th Feb.…

• Euro Remains Under Pressure

  Published 06 March 2012 | viewed 0 times

  EUR/USD remains under pressure after its recent sharp decline beneath the key level at 1.3436 (50% Fib Oct/Jan decline). Only a confirmation back above 1.3436/60…

• GBP/USD - Resistance Expected Close To 1.6000

  Published 02 March 2012 | viewed 0 times

  GBP/USD has broken over the 200 day moving average and trend-line resistance off 1.6167. However, structure present since 1.5649 suggests that the 1.6000 region should…

• EUR/USD - Return to Channel Resistance Expected

  Published 01 March 2012 | viewed 0 times

  EUR/USD has seen a pullback within the confines of a rising hourly channel. Support is anticipated close to current levels for a further attempt at…

• USD/CAD - Under 0.9907 To Weaken Further

  Published 29 February 2012 | viewed 0 times

  USD/CAD is now approaching 0.9907. A break under this level will confirm 1.0050 as a lower high, targeting 0.9890 immediately. We would need to see…

• EUR/CHF - Next Targets The Key 1.2000 Level

  Published 28 February 2012 | viewed 0 times

  Breach of the lower end of the 1.2063/1.2129 trading band looks to have signalled completion of the recovery from the 1.2032 swing low posted on…

• USD/JPY - Further Upside Still Favoured

  Published 27 February 2012 | viewed 0 times

  USD/JPY has extended considerably higher after breaking over the 200- day moving average and the range high at 78.28. Our first and second targets have…

• EUR/JPY: Bulls Clear 200-Day Moving Average

  Published 24 February 2012 | viewed 0 times

  EUR/JPY has extended the powerful advance to settle comfortably above a downtrend line coming in from the July 2011 high and has now breached the…