MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• Daily Technical Report

  Published 17 August 2011 | viewed 0 times

  Gold's bearish pattern continues to weigh, amidst extremely overbought conditions (which has exhibited major divergences across our key momentum indicators). We are watching to open…

• Daily Technical Report

  Published 08 August 2011 | viewed 0 times

  Gold prices remain surprisingly resilient and are now holding near 1700.00, having broken above its recent consolidation zone. Next resistance can be found at 1755.00…

• Special Study: SP500

  Published 05 August 2011 | viewed 0 times

  We published an earlier special study discussing the link between the USD index and the S&P500 index which warned about the potential for a reversal…

• Daily Technical Report

  Published 05 August 2011 | viewed 0 times

  EUR/USDs price activity remains bearish ahead of today's US Non-Farm Payroll release. Indeed, yesterday's price confirmed a third consecutive bearish reversal pattern, weighed down by…

• Daily Technical Report

  Published 04 August 2011 | viewed 0 times

  EUR/USD has triggered multiple bearish reversal patterns, while also signaling additional failed breakouts from the "Major Bermuda" triangle pattern. Daily Technical Report  

• Daily Technical Report

  Published 03 August 2011 | viewed 0 times

  Gold prices have now cleared 1640.00. This opens up extensions higher in line with the major uptrend. Today has seen a break over weekly trend…

• Daily Technical Report

  Published 02 August 2011 | viewed 0 times

  EUR/USDs recent bearish engulfing reversal triangle may have signaled yet another failed breakout from the daily triangle pattern. The move which was fueled by broad…

• Daily Technical Report

  Published 01 August 2011 | viewed 0 times

  Gold: raised sell order to 1590. Gold prices are struggling beneath resistance at 1624-1640. The yellow metal must close above these levels in order to…

• Daily Technical Report

  Published 29 July 2011 | viewed 0 times

  Gold Prices struggling beneath resistance at 1624-1640. The yellow metal must close above these levels in order to confirm sustainable extensions higher in line with…

• Special Study: EUR/JPY

  Published 28 July 2011 | viewed 0 times

  EUR/JPY exhibits a number of technical features that warn of further weakness ahead. Special Study: EUR/JPY  

• Daily Technical Report

  Published 28 July 2011 | viewed 0 times

  Gold prices are struggling beneath resistance at 1729-24 and 1640. The yellow metal MUST close above these levels in order to confirm sustainable extensions higher…

• Daily Technical Report

  Published 27 July 2011 | viewed 0 times

  USD/CAD remains negative, while maintaining pressure on its new multi-year lows at 0.9407. Corrective activity was originally triggered after the rate's expanding pattern initially failed…

• Daily Technical Report

  Published 26 July 2011 | viewed 0 times

  EUR/USD has extended its rebound and triggered an initial breakout above the major rate's 'Bermuda' triangle, where several 'false signals' have previously been exhibited. Daily…

• CHF/NOK - Stresses in the Eurozone Dominate Near-Term

  Published 25 July 2011 | viewed 0 times

  Special Study CHF/NOK is currently dominated by movements in EUR/CHF. This can be explained by the range-bound nature of the EUR/NOK chart ... Daily Technical…

• Daily Technical Report

  Published 25 July 2011 | viewed 0 times

  Gold's resumption of the uptrend needs to close above 1620 in order to confirm sustainable extensions higher. We had preferred hedge for downside risks following…

• Daily Technical Report

  Published 21 July 2011 | viewed 0 times

  EUR/USD is edging higher after the recent bullish engulfing pattern which still targets the key resistance zone between 1.4295-1.4325 (14th July high/61.8%/66% level). We remain…

• Daily Technical Report

  Published 19 July 2011 | viewed 0 times

  Gold's long-term uptrend remains strong as we continue to see renewed record highs into that all-important psychological glass ceiling at 1600.00. Daily Technical Report  

• Daily Technical Report

  Published 15 July 2011 | viewed 0 times

  Gold: This week's break over 1577.57 now suggests a resumption of the larger rising trend is now in force, negating our prior bearish bias for…

• Daily Technical Report

  Published 14 July 2011 | viewed 0 times

  Gold: Yesterday's break over 1577.57 now suggests a resumption of the larger rising trend is now in force, negating our prior bearish bias for the…

• Daily Technical Report

  Published 13 July 2011 | viewed 0 times

  EUR/USD has resumed its bearish activity nd has broken out of the all-important triangle consolidation pattern. Daily Technical Report