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Trading Idea for Commerzbank AG (BM)

#CBK

The likely correction increases, which makes the potential buying even cheaper.  The overall trend is upward. A bullish divergence has formed on Awesome Oscillator, and the moving indicators of Stochastic Oscillator have left the oversold zone.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave …

GBPUSD analysis


The overall trend is downward (TF H4). The Awesome Oscillator shows a bearish divergence, and Stochastic Oscillator signals overbought. Breaking through the support level of 1.3869 will result in the formation of a descending wave pattern within the overall downtrend.

monitor the price movement in real …

USDJPY analysis

The US dollar fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound to the fourteenth session in twenty-three sessions from its highest since March 25, 2020 against Japan, following the developments and economic data that we followed about the Japanese economy and …

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