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MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

Biography

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 - Continued Selling Pressures

    Published 18 November 2016 | viewed 0 times

    EUR/USD keeps on going lower. Hourly resistance is given at 1.0521 (13/04/2016 low). The technical structure suggests further decline. Expected to see continued bearish pressures.…

  • AUD/USD - Continued Decline

    Published 17 November 2016 | viewed 0 times

    AUD/USD's bearish momentum is growing after the break of the 61.8% and the 50% Fibonacci retracement. Hourly support given at 0.7421 (27/07/2016 low) is approaching.…

  • USD/JPY - Is Sky The Limit?

    Published 16 November 2016 | viewed 0 times

    USD/JPY's buying pressures are still important. Hourly resistance now lies at 109.44 (intraday high) while hourly support lies at 107.77 (15/11/2016 low). Key support can…

  • Crude Oil - Breaking Support at $42.55

    Published 15 November 2016 | viewed 0 times

    Crude oil has broken, as we expected, key support at 42.55 (20/09/2016 low) before bouncing back. The break of hourly support at 49.15 (10/10/2016 low)…

  • USD/JPY - Breaking 200-Day Moving Average

    Published 14 November 2016 | viewed 0 times

    USD/JPY's buying pressures are growing. Hourly resistance at 105.53 (28/10/2016 high) has been broken. Key support can be found at 100.09 (27/09/2016). Expected to see…

  • GBP/USD - Bullish Breakout

    Published 11 November 2016 | viewed 0 times

    GBP/USD has broken resistance at 1.2557 (04/11/2016 high) while hourly support is given at 1.2354 (09/11/2016 low). Strong resistance stands far away at 1.2771 (05/10/2016…

  • EUR/GBP - Bearish Breakout

    Published 10 November 2016 | viewed 0 times

    EUR/GBP has broken support area given around 0.8857 (04/11/2016 low). Hourly resistance is given at 0.9047 (30/10/2016 high). Expected to further decline and to break…

  • EUR/USD - Volatility Spikes

    Published 09 November 2016 | viewed 0 times

    EUR/USD has surged amid the US election weakening. However, key resistance at 1.1352 (18/08/2016 high) still stands as the pair is now retracing to yesterday's…

  • Gold - Back Within Former Uptrend Channel

    Published 08 November 2016 | viewed 0 times

    Gold's new leg higher is definitely on despite ongoing consolidation. Hourly resistance is given at 1308 (02/11/2016 high). Hourly support is located at 1261 (21/10/2016…

  • EUR/JPY - Bullish

    Published 07 November 2016 | viewed 0 times

    EUR/JPY is definitely in a bullish channel. Key resistance is located at 116.37 (02/09/2016) and hourly support at support at 114.02 (03/11/2016 low). In the…

  • EUR/JPY - Monitoring Upward Channel

    Published 04 November 2016 | viewed 0 times

    EUR/JPY is definitely in a bullish channel. However, the pair is monitoring the lower bound of this channel which should trigger further downside moves. Key…

  • USD/CAD - Stalling Below Resistance At 1.3433

    Published 03 November 2016 | viewed 0 times

    USD/CAD's bullish momentum is fading. However, the pair is still trading within resistance area between 1.3278 (24/10/2016 low) and 1.3433 (28/10/2016 high). Expected to see…

  • Gold - Bullish Breakout

    Published 02 November 2016 | viewed 0 times

    Gold's new leg higher is definitely on. Hourly resistance given at 1284 (28/10/2016 high) hs been broken. Hourly support is located at 1261 (21/10/2016 high).…

  • EUR/GBP - Bouncing Within Uptrend Channel

    Published 01 November 2016 | viewed 0 times

    EUR/GBP is bouncing on and off within an uptrend channel. Hourly support is given at 0.8880 (21/10/2016 low) while resistance is given at 0.9047 (30/10/2016…

  • Crude Oil - Bearish Momentum Is Growing

    Published 31 October 2016 | viewed 0 times

    Crude oil has exited short-term uptrend channel. The break of hourly support at 49.15 (10/10/2016 low) signals that deeper selling pressures is increasing. We maintain…

  • Gold - No Selling Pressures Below 1265

    Published 28 October 2016 | viewed 0 times

    Gold's new leg has started. The metal is moving up toward hourly resistance at 1277 (05/10/2016 high). Hourly support is located at 1261 (21/10/2016 high).…

  • USD/JPY - Monitoring 105.00

    Published 27 October 2016 | viewed 0 times

    USD/JPY is trading mixed but the pair remains within an uptrend channel. A break of hourly support at 102.81 (10/10/2016 low) is unlikely at the…

  • GBP/USD - Bearish Breakout

    Published 26 October 2016 | viewed 0 times

    GBP/USD has exited symmetrical triangle. Hourly support is now given around 1.2135 (25/10/2016 low) while hourly resistance lies at 1.2332 (19/10/2016 high). Key resistance stands…

  • Silver - False Breakout

    Published 25 October 2016 | viewed 0 times

    Silver is still trading mixed despite the metal has broken hourly resistance given at 17.82 (11/10/2016 high). Hourly support can be found at 17.09 (07/10/2016…

  • Crude Oil - Bouncing Within Uptrend Channel

    Published 24 October 2016 | viewed 0 times

    Crude oil is trading within short-term uptrend channel. Support can be found at 49.15 (10/10/2016 low) then 46.50/68 (22/09/2016 high). Buying pressures are diminishing and…