Technical Analysis – EUR/USD Possible Bullish Reversal Doji

Mark — Tue, 12 Aug 2008 22:45:59 +0000

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 now but we might see a rise to the trend line resistance (red line below) as traders take profits on their [ continue reading ]

Source: Technical Analysis – EUR/USD Possible Bullish Reversal Doji
Forex signals from: PipHut.com

Technical Analysis – USD/JPY Bullish Doji forming

Mark — Wed, 28 May 2008 05:27:51 +0000

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 and move to break even on the first limit. Click here to receive my free forex signals via email Click here [ continue reading ]

Source: Technical Analysis – USD/JPY Bullish Doji forming
Forex signals from: PipHut.com

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Technical Analysis – EUR/USD Possible Bullish Reversal Doji

Technical Analysis – USD/JPY Bullish Doji forming