What you need to think about before dipping into your investments

With the costs of living affecting everyone right now, it’s understandable that you may want to dip into your investments. But before you do, here’s what to think about when taking money out of your investment portfolio.

from Moneyweek RSS Feed https://moneyweek.com/personal-finance/605614/dipping-into-your-investments
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Market Spotlight: BOJ Paving Way For Policy Normalisation?

JPY Well Bid Following BOJThe Japanese Yen is surging higher across the board today on the back of a surprising tweaking of the BOJ’s yield curve target rate. At the December meeting overnight, the BOJ widened the band by 0.25%. JGB yields will now be allowed to trade as higher as 0.5% with many in the market viewing this adjustment as paving the way for upcoming policy normalisation.Ahead of the meeting, not one of the 47 economists polled by Bloomberg anticipated the adjustment, well-explaining the huge moves we’ve seen across the FX space. However, Kuroda was keen to insist that the move didn’t amount to a rate. At the press conference Kuroda explained “This isn’t a rate hike… Although today’s measures will widen the yield band, we believe that the effects of monetary easing, starting with yield curve control, will spread more smoothly through corporate finance and other means as a result.”BOJ Policy Normalisation Coming?Interestingly, this action comes on the back of reports over the weekend suggesting the government is considering revising its 10 year-old inflation accord with the BOJ to allow for more flexibility. Clearly, it seems the tide is starting to turn and as many other central banks pivot or begin to think about pivot on tightening, the prospect of BOJ policy normalisation holds the power to drive further seismic shifts in FX prices.Technical ViewsUSDJPYThe reversal lower in USDJPY has seen the market breaking down through the rising channel and through the last key support at the 139.33 level. Price is now testing the 131.36 level support and, with momentum studies bearish and the retail market heavily long, the focus is on a continuation lower near-term. Below the 131.36 level 126.93 is the next support to note.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/market-spotlight-boj-paving-way-for-policy-normalisation"
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What does the next decade have in store for investors?

Investors face a “sea change” in the investment environment. Dominic Frisby explains what this could mean for your money.

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Technical Trade Set Ups For USDJPY, Apple & Amazon

Technical Trade Set Ups For USDJPY, Apple & Amazon

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Cocoa Futures ( CC1! ), H4 Potential for Bullish Rise

Type: Bullish RiseKey Levels:Resistance:2569Pivot:2422Support:2470Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a possible shift to bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2569, where the previous swing high is.Alternative Scenario:Price may break the support at 2470, where the 61.8% Fibonacci line is before heading towards the pivot at 2422, where the 50% Fibonacci line is.Fundamentals:There are no major news.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/cocoa-futures-cc1-h4-potential-for-bullish-rise20"
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The IndeX Files 20-12-2022

Equities Plunging Ahead of Christmas As Recession Fears Weigh Global equities benchmarks are trading with a heavy tone today as risk markets remain under pressure across early European trading on Tuesday. The driver appears to be the renewed focus being put on global recession risks on the back of last week’s slew of central bank tightening and the shocking miss in US retail sales. The pre-holiday season is typically a time of high demand across both the retail, hospitality and travel sectors. However, On the back of many US firms warning of weaker outlooks for the Q4 period, November’s dismal US retail reading has been taken as evidence of much weaker performance.These fears are echoed in the UK where a recent spate of industrial action as well as a fresh surge in covid cases and a surprise cold-snap have hampered pre-Christmas trading across many sectors. On the back of the BOE’s warning that the UK is staring down the barrel of a length recession across next year, equities sentiment is understandably strained currently.News of surging covid cases in China is also dampening risk sentiment this week. While traders have recently been looking ahead to a potential Q1 or sooner reopening of the economy, a surging death toll and infection rate is adding to uncertainty this week with traders fearing a U-turn on the recent easing of some covid restrictions by the Chinese government.Technical ViewsDAXThe latest failure at the test of the 14703.98 level has seen the market reversing lower, breaking back under 14170.79. The big test now will be the 13672.31 level. If price can hold here, the focus will remain on a further push higher. However, a break here opens the way for much deeper levels near-term.S&P 500The failure at 4153.50 has seen the market reversing lower and trading back below the 3910 level. With momentum studies bearish, the focus is on a continued push lower with the 3647 level the deeper support to monitor.FTSEThe failure at 7575.8 has seen the market turning lower and breaking back under the 7362.8 level. With momentum studies bearish, the focus is on further downside while the market holds below that level with 7213.9 the next support zone to note.NikkeiThe failure at the 28356.6 level has seen market breaking sharply lower, trading back under the 27422.9 level and down through the rising trend line. Price is currently holding on support at the 26246 level and looks vulnerable to a deeper push towards 25500.5 next.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/the-index-files-20-12-2022"
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Daily Market Outlook, December 20, 2022

Daily Market Outlook, December 20, 2022 As suggested by wire reports yesterday, the Bank of Japan has confirmed overnight that they will loosen their yield curve control policy, increasing its tolerance band to 0.5%, the confirmation saw the 10-year yield surge to test its ceiling level which added support to the Japanese yen, the move in Japanese government bonds was sufficiently volatile to trigger circuit breaker protection, with the benchmark Nikkei225 currently trading down just under 3%. This move marks the end of the stalwart of easy monetary policy, the BoJ had refrained all year from joining other G7 central banks in tightening monetary conditions, and investors are faced with a new year of broadly tightening financial conditions across all developed markets.  With Asian equity markets retreating in unison with the Nikkei, European bourses are poised for a soggy start to trading, a lack of tier-one data catalysts and declining liquidity in the final full trading week of the year is likely to see a continuation in the softness in risk sentiment, the Euro Stoxx 50 futures printed one-month lows before the open, with the DAX & FTSE futures all pointing to losses of just under 1%. Overnight HeadlinesBoJ Allows Yields To Rise More In Surprise Tweak To PolicyChina Keeps Loan Rates Unchanged, Cut Seen In Next YearChina’s Covid Outbreak Has US Worried Over New VariantsNorth Korea Slams Japan’s Security As Vows CounteractionRBA Considered Pausing Hikes In Dec, Still See More AheadECB’s Nagel: Still ‘Long Way’ From Achieving Inflation GoalUK Lords Warn Labour Shortages Shape Of Things To ComeUK Extend Mortgage-Guarantee Program To Boost HousingYen Jumps To 4-Month Peak Post Hawkish BoJ Policy TweakFX Options Expiring 10am New York CutEUR/USD: 1.0400 (225M), 1.0695-05 (955M)USD/JPY: 132.45-50 (404M), 135.50 (312M)EUR/CHF: 0.9975 (652M)AUD/USD: 0.6505 (622M), 0.6535 (374M)0.6640-50 (396M), 0.6725 (387M), 0.6900 (569M)USD/CAD: 1.3450 (200M),Technical & Trade ViewsSP500 Bias: Bullish Above Bearish Below 3900Primary resistance is 3900Primary downside objective is 3700Above 3950 opens a test of 400020 Day VWAP bearish, 5 Day VWAP bearishEURUSD Bias: Bullish Above Bearish below 1.0550Primary resistance is 1.0650Primary downside objective is 1.0450Above 1.0680 opens a test of 1.073520 Day VWAP bullish, 5 Day VWAP bullishGBPUSD Bias: Bullish Above Bearish below 1.2250Primary resistance is 1.2250Primary downside objective 1.20Above 1.2275 opens a test of 1.234020 Day VWAP bearish, 5 Day VWAP bearishUSDJPY Bias: Bullish above Bearish Below 134.50132 Target Achieved, New Pattern EmergingPrimary resistance is 134.50Primary downside objective is 130Above 135 opens a test of 136.4020 Day VWAP bearish, 5 Day VWAP bearishAUDUSD Bias: Bullish Above Bearish below .6740Primary resistance is .6740Primary downside objective is .6535Above .6775 opens a test of .689020 Day VWAP bearish, 5 Day VWAP bearishBTCUSD Bias: Intraday Bullish Above Bearish below 16200Intraday 16200 is primary supportPrimary upside objective is 17200Failure at 16000 opens a test of 1550020 Day VWAP bearish, 5 Day VWAP bearish

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/daily-market-outlook-december-20-2022"
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Technical Trade Set Ups For SP500, DXY & AUDUSD

Technical Trade Set Ups For SP500, DXY & AUDUSD

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/technical-trade-set-ups-for-sp500-dxy-and-audusd"
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Is it a good time to invest in property?

Property has always been an attractive sector for investors, but with market turmoil and a potential house price crash, we look whether now is a good time to invest in property.

from Moneyweek RSS Feed https://moneyweek.com/investments/property/605436/invest-in-property
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Where will house prices go in 2023?

Halifax expects house prices to fall 8% next year due to higher interest rates and the rising cost of living.

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Market Spotlight: BTC Turns Lower Amidst Risk Aversion

BTC Threatening a Fresh Move Lower?Following a corrective grind higher over the last month or so, Bitcoin prices turned sharply lower into the back end of last week as fresh central bank hawkishness weighed on risk sentiment. Both the Fed and the ECB seemingly caught markets a little off guard last week, fuelling recession fears in the outlook for the first half of 2023. The Fed lifted its peak rate projection, signalling that rates would need to be higher for longer while the ECB was also seen warning that rates would need to increase significantly further. With US retail sales data then seen tanking in November, markets have gravitated back towards fears for global economic activity, which has driven risk assets sharply lower in recent days.Early 2023 OutlookLooking ahead to early 2023, the outlook for crypto remains fairly subdued. However, there are some upside risks worth considering. The biggest one of these is the potential reopening of the Chinese economy in early 2023 which, if confirmed, would be a significant upside driver for risk assets including crypto. Furthermore, if there is any sudden acceleration of the drop in US inflation this might help shift the Fed outlook in favour of an earlier end to tightening which would also help lift the outlook for crypto.Technical ViewsBTCFollowing the latest leg lower in BTC, the market has been grinding higher since the November lows, moving with a narrow bull channel. However, the move stalled into a retest of the 18545 area. This is a key resistance level with the bear trend line from August highs sitting just above. Until we see a break of that region, the focus remains on further downside near term with a break of 16660 opening the way for a test of 14910 next.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/market-spotlight-btc-turns-lower-amidst-risk-aversion"
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Market Spotlight: GBP Weaker Following BOE

GBP Falls on Divided BOE HikeIn stark contrast to the price action we’ve seen in EUR following the ECB, GBP has been on the backfoot following the December BOE meeting. The UK central bank pushed ahead with a further .5% hike as expected, taking rates to their highest level in 14 years. However, there was dissent in the ranks with voting split three ways, showing growing support for a slowing of rate hikes.Looking ahead, BOE governor Bailey said that the bank expects inflation to begin falling sharply from spring 2023. Bailey said the BOE was already encouraged by the cooling of inflation seen last month which the bank noted had fallen more than it expected.  These comments alongside the voting split have been seen by the market as a precursor to a forth coming pivot on rates. The BOE warned last time around that it was not looking to continue with aggressive hiking and traders now sense that the BOE will be the next to hit the brakes on tightening, making GBP vulnerable to further downside near term.Technical ViewsGBPUSDPrice has been grinding higher with a bullish channel over recent months. However, we’ve seen bearish divergence creeping in on momentum studies into the latest peak, suggesting bearish reversal risks. The key level to watch near-term is the 1.2195 level. If price slips back below this level, chances of a downside break of the bull channel increase, opening the way for a test of the 1.1474 level next. While above 1.2195, however, 1.2659 is the next level to watch for bulls.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/market-spotlight-gbp-weaker-following-boe"
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S&P 500 E-mini Futures ( ES1! ), H4 Potential for Bearish Drop

Type: Bearish DropKey Levels:Resistance:4049.00Pivot:3914.00Support:3757.50 Preferred Case:Looking at the H4 chart, my overall bias for SPX is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 3757.50, where the 161.8% Fibonacci line is. Alternative Scenario:Price could head back up to retest the pivot at 3914.00, where the previous swing low is.Fundamentals:There are no major news.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/s-and-p-500-e-mini-futures-es1-h4-potential-for-bearish-drop"
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Bitcoin Forecast: Potential Drop Ahead

Bitcoin has pulled from the resistance at the level of 18500 and dropped. The asset is likely to drop to the level of 15625, gain the required support, and head up. So, let’s observe what is going to happen next.American stock index S&P 500 broke the short-term uptrend and horizontal level of 3935. This asset might either pull back to the broken trend or dive even deeper to hit the broken level of 3935 and drop.Silver has touched the uptrend and formed a hammer at the end of Friday. The asset is likely to hit the level of 24.75 next.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/bitcoin-forecast-potential-drop-ahead-19-12-2022"
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