Gold •131 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 962.30 | -7.20 | -0.74% | |
WTI Crude •10 mins | 67.82 | -0.22 | -0.32% | |
Gasoline •13 mins | 1.953 | -0.004 | -0.21% | |
Ethanol •131 days | 2.161 | +0.000 | +0.00% | |
Silver •131 days | 30.82 | +1.16 | +3.92% |
Silver • 131 days | 30.82 | +1.16 | +3.92% | ||
Copper • 131 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 71.63 | -0.20 | -0.28% | ||
Natural Gas • 10 mins | 2.924 | +0.004 | +0.14% | ||
Heating Oil • 10 mins | 2.190 | -0.008 | -0.35% |
Contributor since: 13 Apr 2011
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: Resuming sharp reversal into 1.3140. EUR/USD is resuming its sharp reversal from key overhead resistance (primarily an important 2 year trend-line). The bearish move…
Keep alert for a 40-year long-term cycle on USDJPY verging on a major reversal into November-December 2011. This is further supported by monthly bullish DeMark™…
EUR/USD: Resuming sharp reversal into 1.3140. First objective met, stop moved to entry. EUR/USD is resuming its sharp reversal from key overhead resistance (primarily an…
Gold: Breaking above $1760 is positive for the short-term. Gold remains fragile after its 20% price fall, which helped confirm the extreme overbought conditions ...…
EUR/USD has extended its sharp reversal from key overhead resistance (primarily an important 2 year trend-line). The dramatic move has confirmed the emotionally charged bull-trap…
EUR/USD has extended its sharp reversal from key overhead resistance (primarily an important 2 year trend-line). The dramatic move has confirmed the emotionally charged bull-trap…
Gold: Risk of a larger decline beneath $1530. Gold remains bearish after its dramatic 20% price fall, which helped confirm the extreme overbought conditions (marked…
EUR/USD's short-term bullish recovery is holding steady above the long-term 200-day MA at 1.4101, following the recent positive EU news. The move has temporarily neutralised…
Gold remains bearish after its dramatic 20% price fall, which helped confirm the extreme overbought conditions (marked by DeMark indicators). This also timed a key…
USD/CAD has triggered a bullish reversal above the all-important 1.0000 level (psychological level and prior trading range). Positive momentum needs to push above 1.0264 and…
USD/JPY: The medium/long-term view remains bullish, watching for a sustained move above our initial upside trigger level at 77.68. This would offer a resumption of…
Gold: Most concerning is that speculative (net long) flows have recently breached a key downside level which may threaten over 3 years of sizeable long…
EUR/USD's short-term recovery (worth almost 6%) has been capped below resistance at 1.3937. Short-term Euro weakness has followed a broad sell-off across developed equity markets…
Gold: A number of 'bargain hunting' trend-followers will be watching this benchmark 'line in the sand' for repeat support or a potential big squeeze lower…
In price terms, Gold's latest bearish slide is still worth less than the largest average drawdown measured since the start of the yellow metal's long-term…
Gold: There is heightened risk of a much larger decline if we confirm a weekly close beneath $1699 and $1534 (200-day MA), which has not…
The 'perfect storm" of bearish technical signals is also being pressured by the CME's recent 55% increase in margin requirements, which is helping to squash…
USD/NOK - Medium-term structure warns of an extension higher. USD/NOK based at 5.2174 at the beginning of May after a minor break below the support…
EUR/USD: The bears still need to confirm a meaningful breakout beneath that all-important psychological level at 1.3000 to unlock further scope into 1.2860 and much…
Gold: Lowered final objective to 1300. Gold's short-term downtrend remains bearish, after its dramatic 20% price fall, which helped confirm the extreme overbought conditions, that…