MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• 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…