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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.

  • EUR/USD: New Swing Highs

    Published 23 February 2012 | viewed 0 times

    EUR/USD has extended the advance to breach the previous swing high at 1.3322 suggesting completion of a corrective pullback at 1.2974 on 16th February. Sustained…

  • USD/CHF: Bears Retain Control

    Published 22 February 2012 | viewed 0 times

    USD/CHF has broken down to see marginal breach of the 0.9089 swing low following last week’s completion of a bull trap. The rebound from 0.9089…

  • USD/CAD: Temporary Bounce

    Published 21 February 2012 | viewed 0 times

    USD/CAD is finding some support around the 0.9926 swing low posted on 9th February after the breakdown from 1.0052 which completed a bull trap. Short-term…

  • GBP/USD: Bull-run Resuming

    Published 20 February 2012 | viewed 0 times

    GBP/USD has extended the rebound from 1.5645 following bullish resolution to the hourly trend channel. The pullback from the 1.5929 swing high was always seen…

  • USD/CAD: Upside Failure

    Published 17 February 2012 | viewed 0 times

    USD/CAD has reversed sharply from 1.0052 after bulls failed to sustain the upside break of resistance at 1.0039, completing a bull trap. Immediate risk switches…

  • USD/JPY Holds Above The 200-day Average For First Time In Several Months

    Published 15 February 2012 | viewed 0 times

    USD/JPY is holding above the 200-day average for the first time in several months. The move follows last week’s sharp rebound which was triggered by…

  • USD/JPY Tests the 200-day Average!

    Published 14 February 2012 | viewed 0 times

    USD/JPY is testing the 200-day average for the first time in several months. The move follows last week’s sharp rebound which was triggered by a…

  • AUD/USD Bearish Reversal Remains Active

    Published 13 February 2012 | viewed 0 times

    AUD/USD’s bearish reversal signal remains active, despite today’s intraday bounce. Next resistance can be found at 1.0890 and 1.1081 (27th July peak). Remember, failure to…

  • Euro Weakens Back Into 1.3250

    Published 10 February 2012 | viewed 0 times

    EUR/USD is weakening today after the recent sharp rebound above the key level at 1.3250 (38.2% Fib Oct/Jan decline). Only further sustained confirmation above 1.3250…

  • GBP/USD Stalled at 200-day Moving Average

    Published 09 February 2012 | viewed 0 times

    GBP/USD has rejected after the breach of the 1.5883 swing high stalled close to the the 200 day moving average at 1.5935. Still, while 1.5730/1.5789…

  • EURO Rebounds Above 1.3250

    Published 08 February 2012 | viewed 0 times

    EUR/USD is holding steady today after yesterday’s sharp rebound above the key level at 1.3250 (38.2% Fib Oct/Jan Decline). Further sustained confirmation above 1.3250 unlocks…

  • EURO Reversal Weighs Into Psychological 1.30 Level

    Published 07 February 2012 | viewed 0 times

    EUR/USD's latest reversal beneath key resistance at 1.3250 (38.2% Fib- Jan/Oct decline) continues to weigh. Further bearish pressure remains from the recent candle pattern and…

  • Gold Triggers Bearish Reversal Beneath Key Level at $1755

    Published 06 February 2012 | viewed 0 times

    Gold has triggered a strong bearish engulfing pattern reversal beneath key level at $1755, while also breaking out from an important contracting range. This is…

  • Gold Bulls Hold Above Key Level at $1755

    Published 03 February 2012 | viewed 0 times

    Gold bulls are now holding above the key level $1755, while trading within an important intraday breakout pattern. Probabilities continue to favour failure into $1755…

  • USD/CHF - Further Weakness Anticipated Towards 0.8800

    Published 02 February 2012 | viewed 0 times

    USD/CHF may have printed a lower high at 0.9250 in the hourly timeframe yesterday, opening up the potential for a fresh break under 0.9115, towards…

  • EUR Still Weighed by Bearish Reversal Pattern Under 1.3250

    Published 01 February 2012 | viewed 0 times

    EUR/USD is holding steady, after recently triggering a potential bearish reversal pattern and intraday DeMark exhaustion signal under key resistance at 1.3250. Daily Technical Report…

  • GBP/USD - Approaches Daily Channel Resistance Near 1.5800

    Published 31 January 2012 | viewed 0 times

    GBP/USD continues to move higher within the confines of a rising channel formation in the hourly timeframe. Channel resistance currently lies near 1.5850, in the…

  • EUR/USD Triggers Bearish Reversal Pattern into Key Level at 1.3250

    Published 30 January 2012 | viewed 0 times

    EUR/USD has triggered a potential bearish reversal pattern into key overhead resistance at 1.3250 (38.2% Fib-Jan/Oct decline). Our model portfolio remains long, with a nearby…

  • EUR/CHF - Towards Channel Support Near 1.2015 Still Favoured

    Published 27 January 2012 | viewed 0 times

    EUR/CHF has returned to the base of its near-term trading range. The base of the hourly channel is now close to the 1.2000 level (1.2015).…

  • USD/CAD Breakdown Through Key Support at 1.0080

    Published 26 January 2012 | viewed 0 times

    USD/CAD has broken down through key support, which was also part of the larger triangle pattern structure. Watch for a test of the 200-day average…