Latest Market News
On 11 November 2021, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 2,500 euros on RAVENO Capital AG. The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). RAVENO Capital AG failed to submit its accounting documents for […]
On 11 November 2021, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 2,500 euros on RAVENO Capital AG. The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB). RAVENO Capital AG failed to submit its accounting documents for […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming a Harami reversal pattern close to the resistance level, USDCAD is reversing in the form a new descending impulse. In this case, the downside target may be at 1.2425. However, an alternative scenario implies that the asset may correct […]
EURUSD, “Euro vs US Dollar” Having finished the ascending impulse at 1.1040 and then formed a new consolidation range around this level, EURUSD has broken it to the upside to reach 1.1133. Today, the pair may start a new correction to return to 1.1040 and then resume trading upwards with the target at 1.1144. GBPUSD, […]
Type: Bearish ReversalKey Levels:Resistance: 25.140Pivot: 25.055Support: 24.690Preferred Case:Prices have recently bounced off a pivot and are on bearish momentum. We see the potential for further bearish continuation from our Pivot at 25.055 in line with 23.6% Fibonacci retracement and graphical overlap towards our 1st support at 24.690 which is an area of Fibonacci confluences. Our […]
Type: Bearish DropKey Levels:Resistance: 1109’2Pivot: 1070’6Support: 1031’1Preferred Case:Prices are on bearish momentum and abiding by a descending trendline. We see the potential for a dip from our pivot at 1070’6 which is a graphical overlap and in line with 50% Fibonacci retracement towards our 1st support at 1031’0 in line with 61.8% Fibonacci Projection.Alternative Scenario:Alternatively, […]