Submitted Nov 16, 2011|From migbank.com

EUR/USD is resuming its sharp reversal from key overhead resistance (primarily an important 2 year trend-line and 200-day average). The bearish move is now being further anchored down by heightened European soverign debt risk after Italian Govt. ...

Submitted Nov 15, 2011|From migbank.com

•EUR/GBP managed to find a footing back over daily trend-line support yesterday, although this short-term strength was followed by a return to the old trend-line support. Yesterday’s failure to remain over old trend-line support now favours a return ...

Submitted Nov 14, 2011|From migbank.com|1 comment

GBP/JPY continues to trade close to the 122.38/65 platform. This now potentially completes the corrective structure that has been witnessed since 127.32, with support anticipated. Now that the surge higher from the end of October has been unwound, ...

Submitted Nov 9, 2011|From migbank.com|6 comments

EUR/USD is resuming its sharp reversal from key overhead resistance (primarily an important 2 year trend-line). The dramatic move has confirmed the emotionally charged bull-trap that we had anticipated, which has been driven by recent positive EU ...

Submitted Nov 7, 2011|From migbank.com|4 comments

USD/CHF has broken back over the prior 0.8960 high, seen in the daily timeframe. This now increases the probability of a re-test of the 61.8% retrace of the 0.9316-0.8568 fall near 0.9000. A lower high would still be expected to form in this region. ...

Submitted Nov 3, 2011|From migbank.com

Sharp reversal targets 1.3000. Lowered Objective to 1.3140. EUR/USD has extended its sharp reversal from key overhead resistance (primarily an important 2 year trend-line). The dramatic move has confirmed the emotionally charged bull-trap that we ...

Submitted Nov 1, 2011|From migbank.com|1 comment

Achieved PT1 objective at 1.3840 and reduced stop beneath breakeven, thereby locking in profits and ensuring a risk free trade. EUR/USD has extended its sharp reversal from key overhead resistance (including an important 2 year trend-line). The ...

Submitted Oct 26, 2011|From migbank.com|1 comment

USD/JPY maintains a confluence of DeMark™ exhaustion bullish signals, after yet another new post WWII record low which was carved out at 75.82. These reversal signals are also following the second post intervention retracement in 2011, which is ...

Submitted Oct 25, 2011|From migbank.com

EUR/USD’s short-term recovery (worth almost 6%) remains under pressure below resistance at 1.3937 (which has not been breached on a close basis). Bears need to break 1.3653 (18th Oct swing low) and 1.3550 (50% Fib-04th Oct swing), to challenge that ...

Submitted Oct 24, 2011|From migbank.com

EUR/USD’s short-term recovery (worth almost 6%) remains under pressure below resistance at 1.3937 (which has not been breached on a close basis). Bears need to break 1.3653 (18 th Oct swing low), to challenge that allimportant psychological level at ...

Submitted Oct 20, 2011|From migbank.com

EUR/CHF has met our long entry level at 1.2400. Scope is now seen for a re-test of hourly channel resistance, currently at 1.2508, with potential then for a further break higher. An eventual test of the 1.2500-1.3000 target zone is anticipated ...

Submitted Oct 19, 2011|From migbank.com

EUR/USD’s short-term recovery (worth almost 6%) has been capped below resistance at 1.3937. Short-term Euro weakness was seen yesterday following a broad sell-off across developed equity markets and correlated “risk” proxies. The bears still need to ...

Submitted Oct 18, 2011|From migbank.com

EUR/USD’s short-term recovery (worth almost 6%) has been capped below resistance at 1.3937. As expected, Euro weakness has been further helped by a broad sell-off across developed equity markets and correlated “risk” proxies. The bears still need to ...

Submitted Oct 5, 2011|From migbank.com|1 comment

GBP/USD found support yesterday at 1.5341, just above the 1.5328 low. This maintains our expectation of a further recovery swing higher to complete a corrective phase from 1.5328. The swift sell-off that has taken place over recent ssessions ...

Submitted Oct 3, 2011|From migbank.com

Fresh lows unlock decline into 1.3000. EUR/USD’s fresh new lows, has unlocked the impulsive (wave 3) decline into 1.3000 and 1.2860. Until then, key resistance is likely to cap any potential oversold bounces around 1.3797 (22nd Sept high), then ...

Submitted Sep 28, 2011|From migbank.com

GBP/USD has registered a false break lower in the hourly/daily timeframes, after finding support last week at 1.5328. Scope is now seen for a further leg higher in the recovery from this low, ahead of the possible creation of a lower high. Given the ...

Submitted Sep 28, 2011|From migbank.com

Special Report from MIG BANK

Submitted Sep 22, 2011|From migbank.com

First objective met. Stop raised to 0.8885. �� USD/CHF continues to grind higher pushing clearly over the 200 day moving average in the last few sessions. Although short-term structure appears to be losing momentum, it is anticipated that further ...

Submitted Sep 21, 2011|From migbank.com

EUR/USD’s dramatic slide has unwound from oversold conditions, amidst a short-term DeMark™ exhaustion signal, possibly leaving a fresh lower high in place at 1.3937, although a return towards 1.4000 cannot be ruled out. The prior drop was triggered ...