Submitted Apr 16, 2012|From www1.migbank.com

MIG BANK, a leading Swiss bank providing online trading services for private and institutional clients today announced the opening of a representative office in Hong Kong. The opening of this office brings MIG BANK closer to its clients and business ...

Submitted Apr 16, 2012|From www1.migbank.com|3 comments

EUR/USD bears are weighing down on a key multi-month reversal pattern support level. The previous sharp sell-off was helped by a recent DeMark™ exhaustion signal. • A decisive close below 1.3000 (psychological support) is required to unlock the ...

Submitted Apr 12, 2012|From migbank.com|19 comments

EUR/USD bears are weighing down on a key multi-month reversal pattern support level. The previous sharp sell-off was helped by a recent DeMark™ exhaustion signal. • A decisive close below 1.3000 (psychological support) is required to unlock the ...

Submitted Apr 11, 2012|From www1.migbank.com|2 comments

AUD/USD’s recent bearish trend-line breakout remains active and is now pushing once again beneath its 200-day average, within a multi-day breakout pattern (see hourly chart). • Our cycle analysis and recent model portfolio short position continues ...

Submitted Apr 9, 2012|From www1.migbank.com

EUR/USD is temporarily holding steady around a key multi-month reversal pattern support level. The sharp sell-off has also been weighed down by a recent DeMark™ exhaustion signal. • Meanwhile, the bears need to close decisively below 1.3000 ...

Submitted Apr 4, 2012|From www1.migbank.com|2 comments

EUR/USD’s one-day drop beneath key level at 1.3460 has reactivated the currency’s multi-month reversal pattern. This was also weighed down by a recent DeMark™ exhaustion signal. • Only a sustained daily close back above 1.3460 unlocks an extended ...

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

EUR/USD’s latest mid-March rebound is capped under the key level at 1.3460, while also being weighed down by a renewed DeMark™ exhaustion signal. • Only a sustained daily close back above 1.3436/60 unlocks an extended recovery into our upside target ...

Submitted Apr 2, 2012|From www1.migbank.com|3 comments

EUR/CHF has seen a test of the 1.2000/1.2040 support zone but early signs of basing have been noted. • While short-term activity could remain subdued the overall tone remains negative after the failure to sustain the break above resistance at 1.2127 ...

Submitted Mar 29, 2012|From www1.migbank.com|3 comments

EUR/USD’s latest mid-March rebound failing to hold above the key level at 1.3290/95 (internal resistance), while also being weighed down by a renewed DeMark™ exhaustion signal. • Only a sustained daily close back above 1.3436/60 unlocks an extended ...

Submitted Mar 27, 2012|From www1.migbank.com

EUR/USD’s latest mid-March rebound is edging higher above key level at 1.3290/95 (internal resistance). • Only a sustained daily close back above 1.3295 and 1.3436/60 unlocks an extended recovery into our upside target zones at 1.3612/30 (200-day ...

Submitted Mar 26, 2012|From www1.migbank.com

USD/JPY’s recent pullback, following the DeMark™ exhaustion signal, is holding around support at 82.00. • Only a decisive confirmation above 83.40 and 84.18 will extend the bullish recovery which has already risen almost 10% in only 7 weeks! • The ...

Submitted Mar 22, 2012|From www1.migbank.com

EUR/USD’s latest rebound is being capped under key level at 1.3291 (09 th March high). Only a confirmation back above 1.3291 and 1.3436/60 unlocks an extended recovery into our upside target zones at 1.3630 and 1.3628 (200-day average). Meanwhile, ...

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

EUR/USD’s latest rebound is extending higher and targeting key level at 1.3291 (09th March high). • Only a confirmation back above 1.3291 and 1.3436/60 unlocks an extended recovery into our upside target zones at 1.3630 and 1.3628 (200-day average). ...

Submitted Mar 20, 2012|From www1.migbank.com

USD/JPY’s DeMark™ exhaustion signal is continuing to maintain a healthy pullback beneath our risk key level at 83.83/85. • However, this level is currently being re-tested and we need to watch for confirmation above 84.18 to extend the bullish ...

Submitted Mar 19, 2012|From www1.migbank.com|2 comments

Exited at 1.3120. EUR/USD is still maintaining its short-term downtrend from late February, while capped beneath last Friday’s high. The bears need to close decisively below 1.3000 (psychological support), in order to open further downside risk into ...

Submitted Mar 12, 2012|From www1.migbank.com|7 comments

USD/JPY has triggered a potential DeMark™ exhaustion signal after its recent surge higher above 82.00. • Watch for confirmation above 82.65 and 83.85, to resume the bullish recovery which has already risen over 7% since late January. • Support ...

Submitted Mar 8, 2012|From www1.migbank.com

Silver is unwinding from oversold conditions, after extending lower from its bearish reversal signal that was triggered by our DeMark™ exhaustion signal on 28th Feb. • The move is still beneath its 200-day average which is currently trading at ...

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

USD/JPY bearish reversal remains active (see intraday chart), still likely to unwind further price momentum from overbought conditions. • Support remains at 80.59 (recent low), then 80.00 (psychological level), a break beneath here will target ...

Submitted Mar 6, 2012|From migbank.com

AUD/USD’s latest bearish reversal signal remains active and has broken beneath the rate’s short-term trading range. Our cycle analysis remains bearish and favours mean reversion back into 1.0405 (200-day MA), then 1.0146 (09th Jan low) and the ...

Submitted Mar 5, 2012|From www1.migbank.com|3 comments

Euro remains under pressure. Exited at 1.3170. EUR/USD remains under pressure after its recent sharp decline beneath the key level at 1.3436 (50% Fib Oct/Jan decline). Only a confirmation back above 1.3436/60 unlocks an extended recovery into our ...