MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• Daily Technical Report

  Published 14 November 2011 | viewed 0 times

  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…

• USD/JPY Verging On a Major 40 Year Cycle Reversal

  Published 11 November 2011 | viewed 0 times

  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™…

• Daily Technical Report

  Published 10 November 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 08 November 2011 | viewed 0 times

  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 ...…

• Daily Technical Report

  Published 04 November 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 02 November 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 31 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 28 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 27 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 26 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 25 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 21 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 20 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 19 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 17 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 13 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 11 October 2011 | viewed 0 times

  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…

• Special Focus - USD/NOK

  Published 07 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 07 October 2011 | viewed 0 times

  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…

• Daily Technical Report

  Published 05 October 2011 | viewed 0 times

  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…