MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• Daily Technical Report

  Published 22 December 2011 | viewed 0 times

  EUR/GBP: Sell level adjusted lower, with the appropriate changes made to the objectives and stop. EUR/GBP has found initial support after bouncing from daily channel…

• Daily Technical Report

  Published 21 December 2011 | viewed 0 times

  GBP/USD continues to move back towards the 1.5780/70 double top in the hourly time frame after breaking over the resistance of the hourly falling channel…

• Daily Technical Report

  Published 20 December 2011 | viewed 0 times

  Silver's weak recovery from oversold conditions remains capped beneath key support at $30.0000. Only a sustained close below here would trigger a test of the…

• Daily Technical Report

  Published 19 December 2011 | viewed 0 times

  Gold's remains capped beneath its 200-day average, which was recently broken for the first time in 3 years. The move was triggered by a multi-month…

• Daily Technical Report

  Published 16 December 2011 | viewed 0 times

  EUR/USD is unwinding mildly from oversold conditions, driven by shortcovering as the market adjusts to a new bearish paradigm, following the break beneath that all-important…

• Daily Technical Report

  Published 15 December 2011 | viewed 0 times

  EUR/USD bears have continued to push lower, after a recent warning from Moody’s which cited that it would review ratings for all European Union countries.…

• Daily Technical Report

  Published 14 December 2011 | viewed 0 times

  AUD/USD has resumed its sharp setbacks beneath its 200-day MA which is currently holding at 1.0413. This key level is likely to encourage further downside…

• Daily Technical Report

  Published 13 December 2011 | viewed 0 times

  Gold: Bearish breakout from triangle pattern targets $1600. Gold’s bearish breakout from a multi-month triangle pattern targets initial support at $1600/17. This is likely to…

• Daily Technical Report

  Published 12 December 2011 | viewed 0 times

  EUR/USD: Bears push lower into 1.3212 after EU Summit. EUR/USD bears have pushed lower, as expected, following the EU Summit and in price terms, still…

• Daily Technical Report

  Published 09 December 2011 | viewed 0 times

  GBP/USD: Sequence of false breaks adds to uncertainty. GBP/USD has witnessed two failed breaks over recent sessions, which are best viewed in the hourly time…

• Daily Technical Report

  Published 07 December 2011 | viewed 0 times

  Silver is holding around key support at 30.0000. Only a sustained close below here would trigger a test of the previous swing low at 26.0700.…

• Daily Technical Report

  Published 06 December 2011 | viewed 0 times

  EUR/USD extended sharply higher, as six central banks, reduced their USD funding costs to ease the debt crisis. The impact was very positive for investors…

• Daily Technical Report

  Published 05 December 2011 | viewed 0 times

  Gold: Remains negative beneath $1800. Short-term price activity remains negative beneath resistance at $1800, despite the recent push higher. Only a close above here would…

• Daily Technical Report

  Published 02 December 2011 | viewed 0 times

  EUR/USD extended sharply higher, as six central banks, reduced their USD funding costs to ease the debt crisis. The impact was very positive for investors…

• Daily Technical Report

  Published 30 November 2011 | viewed 0 times

  Gold: Short-term price activity remains negative beneath resistance at $1800. The bearish move is starting to be anchored once again by Gold’s last dramatic 20%…

• Daily Technical Report

  Published 29 November 2011 | viewed 0 times

  USD/JPY’s minor rebound is being capped at 78.24 (DeMark™ Level). Moreover, downside risks remain, with the growing probability of a third price retracement back to…

• Daily Technical Report

  Published 28 November 2011 | viewed 0 times

  EUR/USD is temporarily unwinding from oversold conditions. However, it is still likely to see the bearish impulsive move is extend from key overhead resistance (primarily…

• Daily Technical Report

  Published 24 November 2011 | viewed 0 times

  Gold: Short-term price activity is still weakening from resistance at 1800. This may start to weigh on the constructive recovery that we have seen over…

• Daily Technical Report

  Published 23 November 2011 | viewed 0 times

  AUD/USD:Exited Short position. All 3 objectives met. AUD/USD is extending its decline, having recently broken through the 1.0000 psychological level. The sustained move below 1.0000…

• Daily Technical Report

  Published 15 November 2011 | viewed 0 times

  Gold: Positive for the short-term. Gold remains fragile after its dramatic 20% price fall, which helped confirm the extreme overbought conditions (marked by DeMark™ indicators).…