MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• Silver - Monitoring Key Support At 15.82

  Published 16 December 2016 | viewed 0 times

  Silver is trading mixed. Bearish pressures are still important within resistance area between 16.50 and 17.00. The technical structure suggests further weakness towards key support…

• GBP/USD - Monitoring Uptrend Channel

  Published 15 December 2016 | viewed 0 times

  GBP/USD is still lying within uptrend channel. Hourly support is given at 1.2302 (18/11/2016 low). Expected to bounce back towards resistance at 1.2771 (05/10/2016 high).…

• EUR/JPY - Pausing Above Former Resistance

  Published 14 December 2016 | viewed 0 times

  EUR/JPY's bullish momentum is clearly on despite some bearish consolidation. The pair is trading above former resistance at 122.01 (23/06/2016 high). The road is nonetheless…

• EUR/USD - Dollar Bulls Unwind

  Published 13 December 2016 | viewed 0 times

  EUR/USD is pushing slightly higher ahead of the Fed meeting. Yet, hourly resistance is far away given at 1.0874 (08/12/2016 high). Support can be found…

• USD/CAD - Strong Selling Pressures

  Published 12 December 2016 | viewed 0 times

  USD/CAD continues to push lower. Closest hourly resistance can be found at 1.3353 (05/12/2016 high) while key resistance lies at 1.3589 (14/11/2016 high). Closest support…

• EUR/GBP - Lack Of Follow-Through

  Published 09 December 2016 | viewed 0 times

  EUR/GBP is riding short-term downtrend channel. Hourly support can be found at 0.8304 (05/12/2016 low) while hourly resistance is implied by the upper bound of…

• USD/CAD - Wide-Open For Further Weakness

  Published 08 December 2016 | viewed 0 times

  USD/CAD continues to push lower. Closest hourly resistance can be found at 1.3353 (05/12/2016 high) while key resistance lies at 1.3589 (14/11/2016 high). There is…

• Crude Oil - Profit-Taking

  Published 07 December 2016 | viewed 0 times

  Crude oil has increased sharply amid the OPEC meeting. The pair has set a new one year-high at 52.42. Expected to further consolidate. Expected to…

• EUR/GBP - Riding Downtrend Channel

  Published 06 December 2016 | viewed 0 times

  EUR/GBP is riding short-term downtrend channel. Hourly support can be found at 0.8304 (05/12/2016 low) while hourly resistance is given at 0.8479 (05/12/2016). Expected to…

• EUR/JPY – Monitoring Resistance At 122.01

  Published 05 December 2016 | viewed 0 times

  EUR/JPY's bullish momentum is clearly on, despite large downside moves. The pair is monitoring resistance at 122.01 (23/06/2016 high). The road is wide-open for further…

• USD/CAD - Strong Weakness

  Published 02 December 2016 | viewed 0 times

  USD/CAD has exited downtrend channel. Closest resistance lies at 1.3589 (14/11/2016 high). Expected to see continued weakening towards support at 1.3265. In the longer term,…

• USD/CHF - Short-Term Bullish

  Published 01 December 2016 | viewed 0 times

  USD/CHF remains in an uptrend channel. The technical structure bullish. Key support is given at the parity. Hourly resistance at 1.0192 (24/11/2016 high) has been…

• Gold - Former Support Becomes New Resistance

  Published 30 November 2016 | viewed 0 times

  Gold remains weak. Strong support found at 1199 (30/05/2016 low ) is now a new resistance. The technical structure indicates that the road is wide-open…

• USD/CHF - Stalling Below 1.0200

  Published 29 November 2016 | viewed 0 times

  USD/CHF rally has faded. The technical structure remains nonetheless bullish. We monitor key support given at the parity. Hourly resistance lies at 1.0192 (24/11/2016 high).…

• EUR/CHF - Buying Pressures Increase... But Slightly

  Published 28 November 2016 | viewed 0 times

  EUR/CHF is trading sideways. Yet, the pair is still way into a medium-term bearish momentum which should not last long as the SNB is defending…

• AUD/USD - Short-Term Bullish Consolidation

  Published 25 November 2016 | viewed 0 times

  AUD/USD is consolidating higher and the pair is back around the 50% Fibonacci retracement. Hourly support is now given at 0.7311 (21/07/2016 low). Stronger support…

• EUR/USD - Monitoring Long-Term Support

  Published 24 November 2016 | viewed 0 times

  EUR/USD's buying pressures are clearly on. Hourly resistance is given at 1.0652 (intraday high). A break of resistance at 1.0746 (17/11/2016 high) is needed to…

• USD/JPY - Bullish Pause

  Published 23 November 2016 | viewed 0 times

  USD/JPY's bullish momentum has paused forming resistance above 111. Hourly resistance is given at 111.18 (21/11/2016 high). Support is given around 109.80 (16/11/2016 low). Stronger…

• EUR/JPY - Rally Continues

  Published 22 November 2016 | viewed 0 times

  EUR/JPY is trading above former resistance at 116.37 (02/09/2016), triggering a bullish extension. Hourly support lies at 114.02 (03/11/2016 low). Expected to go further higher…

• USD/JPY - Old Resistance Becomes New Support

  Published 21 November 2016 | viewed 0 times

  USD/JPY's buying pressures are important. The pair is making new highs day after day. Hourly support is given around 109.80 (16/11/2016 low). Stronger hourly support…