SILVER FUTURES (SILVER1!), H1 Potential For Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 61225Pivot: 60429Support: 58199Preferred Case:On the H1, price has broken out from the ascending channel and is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 60429 in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 58199 in line with the swing low support and 61.8% fibonacci projection .Alternative Scenario:Alternatively, price may break through pivot structure and rise to the 1st resistance level at 61225 in line with the overlap resistance, 50% fibonacci retracement and 78.6% fibonacci projection .Fundamentals:No major news

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/silver-futures-silver1-h1-potential-for-bearish-momentum14"
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CRUDE OIL FUTURES (CL1!), H1 Potential For Bullish Momentum

Type: Bullish RiseKey Levels:Resistance: 9999Pivot: 9410Support: 9124Preferred Case:On the H1, price is moving above the ichimoku cloud and within the ascending channel which supports our bullish bias that price will rise from the pivot at 9410 where the swing low support and 23.6% fibonacci retracement are to the 1st resistance at 9999 in line with the swing high resistance and 161.8% fibonacci extension .Alternative Scenario:Alternatively, price may break pivot structure and drop to the 1st support at 9124 in line with the overlap support, 23.6% fibonacci retracement and 50% fibonacci retracement .Fundamentals:The worries over a recession in the US and the ongoing Covid-19 situation in China are likely to balance the supply-side constraints faced by oil producers, resulting in a mixed bias for crude oil .

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/crude-oil-futures-cl1-h1-potential-for-bullish-momentum14"
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COFFEE C FUTURES, H4 Potential For Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 235.2Pivot: 225.25Support: 211. 40Preferred Case:On the H1, with price moving below the ichimoku indicator and along the descending trendline, we have a bearish bias that price will drop from our pivot at 225.25 in line with the 23.6% fibonacci retracement and overlap resistance to the 1st support at 211. 40 in line with the 161.80% fibonacci extension and swing low support.Alternative Scenario:Alternatively, price may break the pivot structure and rise to the 1st resistance at 235.2 in line with the swing high resistance, 100% fibonacci projection and 78.6% fibonacci retracement .Fundamentals:Since both countries, Russia and Ukraine, are major exporter of agriculture goods and their persistent war will lead to a shortage of agricultural goods and give us a bullish bias for coffee .

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/coffee-c-futures-h4-potential-for-bearish-momentum"
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Investing for income? Here are six investment trusts to buy now

For many savers and investors, income is getting hard to find. But it's not impossible to find, says Merryn Somerset Webb. Here, she picks six investment trusts that are currently yielding more than 4%.

from Moneyweek RSS Feed https://moneyweek.com/investments/stocks-and-shares/share-tips/604973/investing-for-income-six-investment-trusts-to-buy
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Market Spotlight: Bitcoin Hits Lowest Levels Since Dec' 2020

Bitcoin On The Ropes The collapse in Bitcoin has seen the market trading down to it slowest level since December 2020 this week. Firmly hawkish Fed expectations and a resurgent US Dollar have seen risk assets crumbling recently. Bitcoin is now trading down around 70% from the all-time-highs printed last year and has fallen by over 50% this year alone. With cryptos under massive pressure amidst the rout in tech stocks and the exodus from crypto being seen among the retail market, the near-term outlook is highly precarious. The upcoming FOMC meeting this week will be make or break for Bitcoin. If the Fed hikes by more than expected or is more hawkish in its forward guidance than expected, USD will see fresh highs once again and risk assets, including cryptos will plunge further. Only a materially dovish surprise, such as the Fed signalling plans to pause rate-hike after July, will help reverse the current dynamic.Technical ViewsBTCThe sell-off in bitcoin has seen the market trading back down to test the bottom of the large falling wedge patten and the 20575 support level. Given the bullish reversal nature of the pattern, an upside move can still materialise while the current lows hold. Bulls need to see a quick break above 30175 to remove immediate downside pressure, however.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/market-spotlight-bitcoin-hits-lowest-levels-since-dec-2020"
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Investors are starting to panic – resist joining in

Markets are falling hard as investors take fright. But whatever you do, says John Stepek, don’t panic. Keep your head and prepare for the opportunities that will eventually arise.

from Moneyweek RSS Feed https://moneyweek.com/investments/investment-strategy/604977/bear-market-panic
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Britain’s ten most-hated shares – 10 June

Rupert Hargreaves looks at Britain's ten-most hated shares, and what short-sellers are looking right now.

from Moneyweek RSS Feed https://moneyweek.com/investments/stocks-and-shares/604737/britains-ten-most-hated-shares
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NIKKEI 225 INDEX, H4 Potential for Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 28330Pivot: 27390Support: 260780Preferred Case:On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will continue to drop from the pivot at 27390 at the overlap resistance in line with the 61.8% fibonacci retracement to the 1st support at 260780 in line with the swing low and 78.6% fibonacci projection.Alternative Scenario:Alternatively, price may reverse off the pivot and rise to the 1st resistance at 28330 in line with the multiple swing highs.Fundamentals:No major news

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/nikkei-225-index-h4-potential-for-bearish-momentum"
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BAE Systems: a stock to tuck away for uncertain times

BAE Systems is the largest defence contractor in the UK. With governments around the world increasing their defence spending, it’s a stock well worth considering, says Rupert Hargreaves.

from Moneyweek RSS Feed https://moneyweek.com/investments/stocks-and-shares/share-tips/604972/bae-systems-a-stock-to-tuck-away-for-uncertain
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Why you should consider abandoning your cash Isa

Standard savings accounts are paying better rates than their tax-free cash Isa counterparts, says Ruth Jackson-Kirby.

from Moneyweek RSS Feed https://moneyweek.com/personal-finance/savings/isas/cash-isas/604971/why-you-should-consider-abandoning-your-cash-isa
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Protecting your wealth from inflation won’t be easy – here’s what to do

US inflation hit a fresh 40-year high last week. That sent markets into a spin over fears of interest rates rising more quickly than expected. John Stepek explains what you should do to protect your wealth.

from Moneyweek RSS Feed https://moneyweek.com/investments/investment-strategy/604970/protecting-your-wealth-from-inflation
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Market Spotlight: Coinbase Shares On Cliff Edge

Coinbase CEP Hits OutShares in US crypto-broke Coinbase are heading lower once again this week. The company’s stock has bene in freefall this year amidst the broader rout in tech stocks as well as the specific losses suffered in the crypto space which have seen a high level of clients exiting coinbase. The company recently reported worse-than-expected Q1 earnings, fuelled in large part by the dismal performance in cryptos this year.As a result of recent poor performance, Coinbase recently announced it would be extending its pause on hiring for new and backfill positions. This week, Coinbase founder and CEO Brian Armstrong has drawn fresh scorn over a tweet sent out, aimed at Coinbase employees, which told them to leave and find a company they believe in if they were not happy.Coinbase employees have now started an online petition to file a vote of no confidence against several high-ranking CEO executives, calling for their removal. With the company culture in clear disarray and with the crypto space taking a fresh plunge lower this week following strong US CPI last week, near-term expectations are poor for Coinbase.Technical ViewsCoinbaseThe recent bounce off the 49.52 lows saw Coinbase fail to even make it as high as a test of the bear channel top. With price recently coming back under pressure, the focus is now on a break of the current lows and a continuation of the bear channel. A break through lows should see momentum studies flipping bearish, adding further pressure.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/market-spotlight-coinbase-shares-on-cliff-edge"
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GC1!, H4 | Potential Bullish Momentum

Type: Bullish BounceKey Levels:Resistance: 1902.6Pivot: 1857.9Support: 1830.2Preferred Case:On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from the pivot at 1857.9 in line with the pullback support and 61.8% fibonacci projection to the 1st resistance at 1902.6 in line with the 78.6% fibonacci projection and 50% fibonacci retracement.Alternative Scenario:Alternatively, price could break the support at the pivot and drop to 1st support at 1830.2 in line with the 78.6% fibonacci projection and overlap support.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/gc1-h4-or-potential-bullish-momentum"
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GBPNZD, H4 | Potential Bullish Momentum

Type: Bullish BounceKey Levels:Resistance: 1.95659Pivot: 1.93528Support: 1.92854Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from our pivot at 1.93528 where the horizontal swing low support and 78.6% fibonacci projection are to our 1st resistance at 1.95659 in line with the swing high resistance and 78.6% fibonacci retracement.Alternative Scenario:Alternatively, price may break pivot structure and we can expect the bearish momentum to carry price to 1st support at 1.92854 in line with overlap support and 100% fibonacci projection.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/gbpnzd-h4-or-potential-bullish-momentum13"
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