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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/GBP - Bearish Recovery

    Published 21 October 2016 | viewed 0 times

    EUR/GBP continues to head lower since the pair has broken uptrend channel. Hourly support is given at 0.8776 (05/10/2016 low) while resistance is given at…

  • USD/CHF – Basing Below Resistance

    Published 20 October 2016 | viewed 0 times

    USD/CHF is testing resistance area between 0.9919 (07/08/2016 low) and 0.9950 (27/07/2016). The pair remains on a bullish momentum since September 15. Hourly support is…

  • EUR/USD - Bearish Momentum Starts To Fade

    Published 19 October 2016 | viewed 0 times

    EUR/USD still lies within a bearish momentum despite ongoing retracement. Hourly support given at 1.0952 (25/07/2016 low) is on target. Hourly resistance can be found…

  • AUD/USD - Short-Term Bullish

    Published 18 October 2016 | viewed 0 times

    AUD/USD is trading higher. Over the medium-term, the pair is very volatile between 0.7500 and 0.7700. Key resistance is located at 0.7756 (10/08/2016 high). Hourly…

  • EUR/CHF - Strong Selling Pressures

    Published 17 October 2016 | viewed 0 times

    EUR/CHF is holding below 1.0900. The pair constantly fails to challenge strong resistance at 1.1037. Hourly support can be found at 1.0870 (13/10/2016 low). Another…

  • EUR/GBP - Edging Higher

    Published 14 October 2016 | viewed 0 times

    EUR/GBP is going higher. Support can be found at 0.8923 (rising trendline). Another support is located at 0.8779 (06/10/2016 low). Expect to show continued upside…

  • EUR/USD - Strong Selling Interest

    Published 13 October 2016 | viewed 0 times

    EUR/USD keeps on weakening towards support given at 1.0952 (25/07/2016 low). Key resistance is located far away at 1.1352 (18/08/2016 high). Further decline is favoured.…

  • USD/CHF - Bullish Breakout

    Published 12 October 2016 | viewed 0 times

    USD/CHF keeps on increasing slightly since September 15. Hourly resistance at 0.9885 (01/09/2015has been broken Key resistance lies at 0.9950 (27/07/2016 high). Support can be…

  • Crude Oil - Strong Increase

    Published 11 October 2016 | viewed 0 times

    Crude oil is definitely recovering. Support can be found at 48.32 (04/10/2016 base) then 46.50/68 (22/09/2016 high). Next resistance lies at 51.67 (08/06/2016 reaction high).…

  • Silver - Breaking Support At 17.53

    Published 10 October 2016 | viewed 0 times

    Silver has weakened to the strong support at 17.53. Technical structure suggest further downside. Hourly resistance is given at 18.00 (05/10/2016 high) while key resistance…

  • GBP/USD - Rouge Collapse

    Published 07 October 2016 | viewed 0 times

    GBP/USD has collapsed in Asia trading, with reports of 1.14 lows but is now consolidating around the 1.2424 handle. Resistance is located at 1.2620 (declining…

  • EUR/JPY - Challenging its Resistance at 116.37

    Published 06 October 2016 | viewed 0 times

    EUR/JPY has broken out of range defined by 112.32 and 114.03. While the break of the hourly resistance at 114.20 (29/09/2015 high) invalidates the current…

  • EUR/USD – Strong Bounce

    Published 05 October 2016 | viewed 0 times

    EUR/USD has bounced near the key support support at 1.1160 (rising trendline). A further decline towards the support at 1.1123 favoured as long as prices…

  • GBP/USD – Uncharted Area

    Published 04 October 2016 | viewed 0 times

    GBP/USD has broken key support at 1.2789. There is no real support below 1.2775. Resistance is located at 1.2873 (03/10/2016). Expected to show continued downside…

  • USD/CHF - Sell Short Term Bounces

    Published 03 October 2016 | viewed 0 times

    USD/CHF continues to move broadly sideways, as can be seen by the failure to break the hourly resistance at 0.9885 (01/09/2016 high), the shortterm technical…

  • EUR/CHF - Collapse

    Published 30 September 2016 | viewed 0 times

    EUR/CHF continues to decline sharply today. The support at 1.0826 has been breached, confirming an underlying downtrend. Key resistance still lies at 1.0848 (29/09/2016 high)…

  • Oil – Surge on New Demand

    Published 29 September 2016 | viewed 0 times

    Crude oil bounced near the key support at 46.97 yesterday. An unlikely break of resistance at 47.75, as a break would signal significant exhaustion in…

  • EUR/GBP - Rejected

    Published 28 September 2016 | viewed 0 times

    EUR/GBP has broken the support at 0.8598 (rising trendline) opening the way for further weakness. Key resistance lies at 0.8725 (16/08/2016 high) while hourly support…

  • Crude Oil – Bullish Reversal

    Published 27 September 2016 | viewed 0 times

    Crude oil's momentum is still negative despite ongoing short-term bullish rally. Hourly resistance can be found at 47.75 (08/09/2016 high). An unlikely break of resistance…

  • USD/JPY - Fading Near the Minor Resistance at 101.24

    Published 26 September 2016 | viewed 0 times

    USD/JPY has faded near the hourly resistance at 101.24. A break of this level is needed to suggest something more than a temporary rebound. Strong…