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Trading idea for Commerzbank AG (BM)

#CBK
The overall trend is upward. The price pivot zone of 5.25 restrained sellers. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:
Buy when an ascending wave pattern is formed on the breakout of 5.61.
Stop Loss under the price pivot zone of 5.25. …

EURCAD analysis


The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

monitor the price movement in real time.


Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) …

AUDUSD analysis

The Australian dollar against the US dollar pair reached the outskirts of the first awaited target at 0.7500 and is under continuous negative pressure formed by the EMA50, to support the chances of breaking this level and opening the way to heading towards 0.7375 as the next main target.

Therefore, …

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