ForexTidbits20

ForexTidbits20 Updated 

Good Morning Traders, USDJPY has been making higher highs and higher lows on the daily time frame for past several weeks. It is very clear at this point that the commercial and institutional money is holding long positions on this pair. I have identified a 4 hour price imbalance where price has tapped into and started to get some strong reaction to the upside...

ForexTidbits20

AUDJPY has created a new swing low on Friday daily candle close. Will be looking for buying opportunities on this pair.

ForexTidbits20

Very interesting breakout potential on US oil futures setting up and could lead to a massive move once breakout takes places in either direction.