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USDJPY analysis

The dollar against the yen pair hovers around the 110.50 level, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend active, as breaking it will pressure the price to test 109.90 initially before returning to the rise, while …

Trading idea for Commerzbank AG (BM)

#CBK
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.

Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern. …

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