Wednesday, January 4, 2023

Top investment ideas for 2023: silver, tech and drugs

Our writers’ top investment ideas for 2023 include a cybersecurity stock, bitcoin and a psychedelic treatment for depression.

from Moneyweek RSS Feed https://moneyweek.com/investments/605628/investment-ideas-for-2023
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How to reduce your IHT bill by gifting

Inheritance tax bills can be complex, but passing on some of your wealth to your children by gifting can help reduce how much of your estate ends up with the tax man. Lisa Conway-Hughes, a qualified financial adviser, explains how to keep your IHT bill low.

from Moneyweek RSS Feed https://moneyweek.com/personal-finance/tax/inheritance-tax/605627/iht-bill-gifting
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Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation

Type: Bullish ContinuationKey Levels:Resistance:1535.00Pivot:1492.25Support:1457.75Preferred Case:Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance at 1535.00, where the recent high isAlternative Scenario:Price may head back down to break the pivot at 1492.25, where the 38.2% Fibonacci line is before heading towards the support at 1457.75, where the 61.8% Fibonacci line is.Fundamentals:There are no major news.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/soybean-futures-zs1-h4-potential-for-bullish-continuation4"
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January’s Premium Bond millionaire winners revealed – how to check if you’ve won

Millions of savers are celebrating the New Year with a tax-free cash prize following the January Premium Bond draw. We explain how to check if you’re one of the lucky winners this month.

from Moneyweek RSS Feed https://moneyweek.com/personal-finance/605625/premium-bond-winners-january
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What’s in store for the UK economy in 2023?

The UK economy is facing a lot of problems right now. What are the main challenges and how will these affect the economy in the year ahead?

from Moneyweek RSS Feed https://moneyweek.com/economy/605624/uk-economy-outlook-2023
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EURO FX Futures ( 6E1! ), H4 Potential for Bearish Drop

Type: Bearish DropKey Levels:Resistance: 1.07670Pivot: 1.05085Support:1.03315Preferred Case:Looking at the H4 chart, my overall bias for 6E1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to possibly head back down to break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.Alternative Scenario:Price may head back up towards the 1st resistance line at 1.07670 where the previous swing high is.Fundamentals:There are no major news.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/euro-fx-futures-6e1-h4-potential-for-bearish-drop44"
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Is gold primed for a rally on expectations of central banks easing cycle in 2023?

Major European currencies ceded ground to dollar on Tuesday, EURUSD broke down 1.06 and GBPUSD 1.20 level. The start of European session saw major sell-off both in EUR and GBP:Positive December price data from Germany failed to offset selling pressure in Euro, despite significant pullback in the rate of consumer price growth - from 10% to 8.6% in annual terms and from -0.5% to -0.8% in monthly terms. Data on the German labor market also provided little help to battered Euro, although the number of unemployed in the country fell by 13 thousand, and unemployment remained unchanged at 5.5%, contrary to the forecast of an increase of 0.1% to 5.6%. There is an increased activity of buyers in the gold market which is a signal of major shift in real rate expectations or market perception of recession or geopolitical risks. The price continues to move in the upward channel and has gained more than 1% today on a powerful bullish impulse. Buyers tested resistance near the round level of $1850, however, after the pullback, aggressive gold bids resumed. Keep in mind that the price is approaching the upper limit of bullish trend channel, and the round $1850 level could be perceived by majority of players as a good level to take profits from 12% rally since the beginning of November. To understand why gold rises in prices, it should be remembered that in early November, market risk-free rates in the United States (government bond yields) reached their peak - one of the main factors of demand for gold. When they began to decline, gold began to rise in price:It was clear from the last Fed meeting that the tightening cycle is nearing its end, so expectations for a cycle of interest rate cuts are likely to be slowly building now. Accelerating gold growth without a corresponding reaction in bond yields indicates a high risk of a bearish correction in gold in the short term:Nevertheless, the medium-term trend for gold is definitely up and after a good downward movement, buying gold on expectations of policy easing by central banks looks very justified.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/is-gold-primed-for-a-rally-on-expectations-of-central-banks-easing-cycle-in-2023"
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Tuesday, January 3, 2023

Best savings accounts – January 2023

Interest rates on cash savings are making a comeback. We look at the best savings accounts on the market now

from Moneyweek RSS Feed https://moneyweek.com/32213/the-best-savings-accounts-59730
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Revisiting my predictions for 2022

Dominic Frisby reviews his predictions for 2022 with the benefit of hindsight.

from Moneyweek RSS Feed https://moneyweek.com/investments/605623/predictions-for-2022
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Corn Futures ( ZC1! ), H4 Potential for Bullish Rise

Type: Bullish RiseKey Levels:Resistance:700.00Pivot:651.25Support:638.25 Preferred Case:Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 700.00, where the previous swing high is.Alternative Scenario:Price may head back down to retest the pivot at 651.25 where the 23.6% Fibonacci line and recent low are located.Fundamentals:There are no major news.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/corn-futures-zc1-h4-potential-for-bullish-rise3"
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Cocoa Futures ( CC1! ), H4 Potential for Bullish Rise

Type: Bullish RiseKey Levels:Resistance: 2671Pivot: 2570Support: 2470Preferred Case:Looking at the H4 chart, my overall bias for CC1! is bullish due to the current price above the Ichimoku cloud, indicating a bullish market structure. If this bullish momentum continues, expect price to head back up towards the resistance at 2671, where the previous swing high is. Alternative Scenario:Price may break the pivot at 2570, where the 50% Fibonacci line is before heading towards the support level at 2470, where the 61.8% 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-rise3"
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Thursday, December 29, 2022

Palladium Futures ( PA1! ), H4 Potential for Bearish Drop

Type: Bearish DropKey Levels:Resistance: 1917.5Pivot:1744.0Support:1656.5Preferred Case:On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head back down to retest the pivot at 1744.0, where the 23.6% Fibonacci line is.Alternative Scenario:Price may possibly continue heading towards the resistance at 1917.5, where the 78.6% Fibonacci line is.Fundamentals:There are no major news.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/palladium-futures-pa1-h4-potential-for-bearish-drop"
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Copper Futures (HG1!), H4 Potential for Bullish Rise

Type: Bullish RiseKey Levels:Resistance: 3.9600Pivot: 3.6885Support: 3.5545Preferred Case:Looking at the H4 chart, my overall bias for HG1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 3.9600, where the previous swing high is.Alternative Scenario:Price may head back down towards the pivot at 3.6885 where the 61.8% Fibonacci line is.Fundamentals:There are no major news.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/copper-futures-hg1-h4-potential-for-bullish-rise29"
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EURO FX Futures ( 6E1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation

Type: Bullish ContinuationKey Levels:Resistance:1.07935Pivot:1.05085Support:1.03315Preferred Case:The current bias for 6E1! on the H4 chart is bullish . To add to this bias, the price is currently above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the 1st resistance line at 1.07935 where the previous swing high is. Alternative Scenario: Price may possibly break the pivot at 1.05085 where the previous high was before heading down towards the support at 1.03315, where the 23.6% Fibonacci line is.Fundamentals:There are no major news.

from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/euro-fx-futures-6e1-h4-potential-for-bullish-continuation-type-bullish-continuation"
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Don’t count resources out

Commodities have performed poorly over the past year, but they tend to move in long and volatile cycles. from Moneyweek RSS Feed https://m...