OakleyJM

OakleyJM

Just the reaction we where looking for a nice 2.03 to 1 RR trade bagging a nice little profit. Happy days time to re-assess and look for the next one did any one take a trade here ? id love to know how you got on or what you take was on mine ?

OakleyJM

We have a sweep of sell side liquidity here with the RSI well oversold and signs of the MACD and sell volume slowing down for a possible long position, beware we are at a major support level and if it fails to hold we could see significant selling of and downward pressure to around the 80,000 mark. There are also attractive areas of fair value both above and below...

OakleyJM

Market Update: January Edition Market Overview Bitcoin (BTC) continues to be a focal point as we enter the new year. After experiencing a robust upward trend, BTC has faced a significant downturn, breaking through crucial support levels. This shift is largely attributed to macroeconomic developments, particularly those stemming from the United States. Recent News...

OakleyJM

Market Overview As we move into the new year, Bitcoin (BTC) has captured the spotlight once again with its recent price movements. After a strong upward trend, BTC experienced a sharp decline, breaking below key support levels. This significant shift in market dynamics has been influenced by macroeconomic factors, particularly recent data and events in the United...

OakleyJM

US Equity Futures US equity futures were cautiously higher pre-bell Friday as traders searched for cues on the second trading day of 2025. Dow Jones Industrial Average (DJIA) futures: +0.2% S&P 500 futures: +0.2% Nasdaq futures: +0.3% Oil Prices Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.1% at $75.86 per barrel and US...

OakleyJM

Hey everyone, I wanted to share some insights on the current state of XRP/USD and the potential for a retracement before we see another upward movement. Here's a comprehensive overview: Current Technical Analysis (H1) Price: $2.3989 (as of Jan 2, 2025) Moving Averages: All short and long-term moving averages are indicating a strong buy signal. Indicators: RSI...

OakleyJM

Technical Analysis (H1) Current Price: $2.3989 (as of Jan 2, 2025) Moving Averages: All moving averages (MA5, MA10, MA20, MA50, MA100, MA200) are indicating a strong buy signal. Technical Indicators: RSI (14): 81.119 (Overbought) STOCH (9,6): 65.3 (Buy) MACD (12,26): 0.072 (Buy) ADX (14): 62.561 (Strong trend) Williams %R: -12.568 (Overbought) CCI (14):...

OakleyJM

Overview: The GBP/AUD pair has experienced a notable decline, dropping from 2.0300 to around 2.0200 over the past month. This movement can be largely attributed to the dovish stance of the Bank of England and subpar UK economic data. Technical Snapshot: Candlestick Patterns: Recent patterns are predominantly bearish, with several red candles indicating a downward...

OakleyJM

Welcome Back to the New Trading Year! As we kick off the new trading year, let's dive into some of the latest and most insightful developments in the trading world. Latest Trading News: US FHFA House Prices: The Federal Housing Finance Agency reported a 0.4% increase in house prices for October 2024, marking a 4.5% rise compared to the previous year. This growth...

OakleyJM

📈 Copper Market Update: Navigating the Current Landscape 📈 Hey everyone! 🌟 Let's talk about the current situation with copper, a metal that's playing a huge role in our modern world, especially with the push towards green energy. 🔹 Supply and Demand Dynamics: The global copper market is facing some serious challenges. Demand is skyrocketing due to the rise of...

OakleyJM

As we approach Christmas Eve, it's important to note the shortened trading hours in the US. The stock market will close early at 1 PM, while the US bond market will close at 2 PM. Currency Market Overview The USD is showing a mixed performance against major currencies: EUR: +0.12% JPY: -0.04% GBP: -0.15% CHF: +0.18% CAD: +0.32% AUD: +0.27% NZD: +0.23% US...

OakleyJM

As we approach the festive season, I wanted to take a moment to wish all my followers a very Merry Christmas and a prosperous New Year! This time of year brings joy, celebration, and some unique challenges for traders. Here’s a guide to help you navigate the markets during the holidays and set yourself up for success in 2025. Challenges of Holiday Trading Reduced...

OakleyJM

Tesla's fourth-quarter 2024 delivery figures are anticipated to reach a record high, according to a note from Barclays. Analysts estimate Q4 deliveries at approximately 515,000 units, slightly above the consensus estimate of around 511,000 units, marking a 6% year-over-year increase. Despite these impressive numbers, Barclays believes they will have limited impact...

OakleyJM

Bitcoin’s struggles continue as the asset fails to initiate a notable recovery, with its price hovering around $96,000. The cryptocurrency market, known for its volatility, has seen significant fluctuations over the past week, impacting both Bitcoin and altcoins. Bitcoin's Recent Performance Last Monday and Tuesday, Bitcoin posted fresh gains, surging above...

OakleyJM

Crypto Market Update: Key Developments and Analysis 1. Trump Nominates Stephen Miran as Chairman of Economic Advisory Council President-elect Donald Trump has nominated Stephen Miran as Chairman of the Council of Economic Advisors, a position that will play a crucial role in shaping economic policy for the incoming administration. Miran, who previously served as...

OakleyJM

US Government Shutdown Averted: A Comprehensive Overview Background The US government narrowly avoided a shutdown after a last-minute spending deal was passed just hours before the deadline. This agreement came after intense negotiations and a brief period of uncertainty that had federal employees and the public on edge. Key Events Leading to the Near...

OakleyJM

🚨 Breaking News Alert: The US government has officially shut down as of midnight on December 20, 2024, due to Congress failing to pass a spending bill. This political drama has sent shockwaves through the markets, and traders need to be on high alert. What Happened? The House of Representatives rejected a spending bill backed by President-elect Donald Trump and...

OakleyJM

The Impending US Government Shutdown: What Traders Should Know As the US government teeters on the edge of a shutdown, traders are bracing for potential market volatility. The failure of a spending bill in the House of Representatives has heightened concerns, with President-elect Donald Trump and tech billionaire Elon Musk playing pivotal roles in the bill's...