MIG Bank

MIG Bank

Contributor since: 13 Apr 2011

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• 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…