Submitted Feb 5, 2013|From www1.migbank.com

In the midst of a correction lower. EUR/USD continues to correct lower with the 1.3414 level (29/01/2013 low) now key to further gains. Hourly supports can be found near 1.3482 (30/01/2013 low). Scope is seen for a higher low ahead of 1.3257 for a ...

Submitted Jan 25, 2013|From www1.migbank.com|20 comments

• EUR/USD is breaking to the upside out of its horizontal range defined by the support at 1.3249 (11/01/2013 low) and the resistance at 1.3404. The symmetrical triangle favours a move towards 1.3538. A key resistance is at 1.3487 (24/02/2012 high). ...

Submitted Jan 23, 2013|From www1.migbank.com|2 comments

GBP/USD is challenging its key support area between 1.5829 (15/11/2012 low) and 1.5755 (28/08/2012 low). In the short-term, the decline is overextended, suggesting that a rebound is likely. A break of the hourly resistance at 1.5893 (21/01/2013 ...

Submitted Jan 17, 2013|From www1.migbank.com|10 comments

• EUR/USD is bouncing close to the support at 1.3249 (11/01/2013 low), which confirms our scenario of further strength towards the resistance at 1.3487 (24/02/2012 high). An hourly resistance is at 1.3357 (intraday high). • The higher low in July ...

Submitted Jan 14, 2013|From www1.migbank.com|2 comments

EUR/CHF has shown signs of strength since 5 September 2012, which increases the likelihood of further medium-term strength. The break of the resistance at 1.2185 (17/09/2012 high) opens the way for a move towards the strong resistance at 1.2474 ...

Submitted Jan 11, 2013|From www1.migbank.com|8 comments

EUR/USD rose sharply yesterday. It is now challenging the strong resistance area defined by 1.3284 and its previous highs at 1.3308 (19/12/2012 high). Hourly supports are at 1.3249 (intraday low) and 1.3188 (38.2% retracement of yesterday's rise). ...

Submitted Jan 8, 2013|From www1.migbank.com

The rebound is fading close to the broken rising trendline. • EUR/USD's rise from the low at 1.2998 is showing some weakness close to its previous rising trendline. Another resistance is at 1.3191. An hourly support can be found at 1.3090 ...

Submitted Dec 20, 2012|From www1.migbank.com|2 comments

• GBP/USD made an intraday bearish reversal near the strong resistance at 1.6302, increasing the likelihood of an upcoming short-term phase of weakness. Monitor the hourly support at 1.6193 (intraday low). • GBP/USD is moving in a long-term ...

Submitted Dec 19, 2012|From www1.migbank.com|30 comments

EUR/USD has broken the strong resistance at 1.3172 (17/09/2012 high). Another resistance can be found at 1.3284 (01/05/2012 high). Hourly supports are at 1.3144 (17/12/2012 low) and 1.3041 (13/12/2012 low). • The higher low in July 2012 (compared to ...

Submitted Dec 18, 2012|From www1.migbank.com|23 comments

• EUR/USD is challenging the strong resistance at 1.3172 (17/09/2012 high). Another resistance can be found at 1.3284 (01/05/2012 high). An hourly support area is given by 1.3144 (17/12/2012 low) and 1.3041 (13/12/2012 low). • The underlying trend ...

Submitted Dec 14, 2012|From www1.migbank.com|8 comments

• EUR/USD is close to the strong resistance area defined by 1.3127 (05/12/2012 high) and 1.3172 (17/09/2012 high). Hourly supports are at 1.3041 (13/12/2012 low) and 1.2982 (intraday low). • The underlying trend is negative (see the succession of ...

Submitted Dec 13, 2012|From www1.migbank.com

• EUR/USD rose sharply yesterday and broke the resistance at 1.3046 (04/12/2012 low). It is now close to the strong resistance area defined by 1.3127 (05/12/2012 high) and 1.3172 (17/09/2012 high). Hourly supports are at 1.3056 (intraday low) and ...

Submitted Dec 12, 2012|From www1.migbank.com|1 comment

• EUR/USD has successfully tested the key support at 1.2875. The subsequent rise has broken the resistance at 1.2973 (07/12/2012 high). Another resistance is at 1.3046 (04/12/2012 low). An hourly support is at 1.2963 (intraday high). • The ...

Submitted Dec 7, 2012|From www1.migbank.com

USD/CHF has broken to the upside out of its short-term horizontal range. The declining trendline has been broken too. The next resistances are likely given by 0.9392 and 0.9458 (21/11/2012 high). An hourly support is at 0.9320 (intraday low). • The ...

Submitted Dec 6, 2012|From www1.migbank.com

AUD/USD has thus far failed to break the resistance at 1.0475/1.0490. An hourly support is at 1.0434 (intraday low). Another support can be found at 1.0391 (intraday low). • The strong resistance area implied by the declining trendline and 1.0613 ...

Submitted Dec 3, 2012|From www1.migbank.com

• GBP/USD is challenging the resistance at 1.6043 (see also high of the declining channel). An hourly support is at 1.5989 (30/11/2012 low). Another support is at 1.5962 (28/11/2012 low). • GBP/USD is likely moving in a long-term horizontal range. ...

Submitted Nov 27, 2012|From www1.migbank.com|1 comment

EUR/USD is getting close to the resistance area defined by the declining trendline and 1.3023 (25/10/2012 high). An hourly support is at 1.2944 (26/11/2012 low). Another support is at 1.2834 (intraday low). • The underlying trend is negative (see ...

Submitted Nov 22, 2012|From www1.migbank.com|13 comments

EUR/USD has broken its declining trendline and is now approaching the strong resistance area between 1.2876 and 1.2894. An hourly support is at 1.2814 (intraday low). • The break to the downside out of the consolidation from mid-September to ...

Submitted Nov 21, 2012|From www1.migbank.com|1 comment

GBP/USD is still bouncing from the low of its declining channel. Monitor the resistance at 1.5940 (intraday high). An hourly support is at 1.5881 (19/11/2012 low). • GBP/USD is likely moving in a long-term horizontal range. The break of the support ...

Submitted Nov 20, 2012|From www1.migbank.com|1 comment

• USD/CHF has weakened since its 13 November high. It is now close to a key support area between 0.9399 and 0.9364 (respectively 38.2% and 50.0% retracement of the previous rise). An hourly resistance is at 0.9452 (intraday high). • The break of ...