Technical Analysis – EUR/USD Possible Bullish Reversal Doji

8-12-08

22:38 GMT – The daily charts are showing a possible bullish reversal doji above previous strong weekly resistance at 1.4850. Also the RSI is very oversold at a below 20 level (below 30 is classically considered oversold) on the daily charts as well. I think the overall trend with pair is down right [...]

Technical Analysis – USD/JPY Bullish Doji forming

5-28-08

6:28a GMT – A bullish doji is forming on the USD/JPY pair near former resistance trend line (now support).

Trading Idea: If the candlestick closes as a doji on the 60M charts (30 minutes left) I will buy 2 lots, one with a 20 pip target, the other with a 40 pip target [...]