Ultima Markets

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for NOV 14th, 2024.  Key Takeaways  Technical Analysis  USDJPY Daily Chart Insights  (USDJPY Daily Price Chart, Source: Ultima Markets MT4)  USDJPY 1-hour Chart Analysis  (USDJPY H1 Price Chart, Source: Ultima Markets MT4)  USDJPY Pivot Indicator  (USDJPY M30 Price Chart, Source: Ultima […]

Inflation Remains Sticky, in Line with Expectations  On Wednesday, the Bureau of Labor Statistics reported that the Consumer Price Index (CPI) increased by 0.2% for the fourth consecutive month, aligning with economists’ expectations in a Reuters poll. Year-over-year, the CPI rose by 2.6% through October, up from 2.4% in September, also meeting forecasts. Following the […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for NOV 13, 2024.  Key Takeaways  Technical Analysis  COPPER Daily Chart Insights  (COPPER Daily Price Chart, Source: Ultima Markets MT4)  COPPER 1-hour Chart Analysis  (COPPER H1 Price Chart, Source: Ultima Markets MT4)  COPPER Pivot Indicator  (COPPER M30 Price Chart, Source: Ultima […]

Pound Drops Amid Weak Jobs Data and Strengthening U.S. Dollar  On Tuesday, the pound fell to a three-month low after data showed regular wage growth had slowed and unemployment had ticked up, while currencies felt the pressure of a surging dollar following Donald Trump’s U.S. election victory. The pound slipped 0.93% against the U.S. dollar, […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for NOV 12th, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (GBPUSD Daily Chart, Source: Ultima Markets MT4)  1-hour Chart Analysis  (GBPUSD H1 Chart, Source: Ultima Markets MT4)  Pivot Indicator  (GBPUSD M30 Chart, Source: Ultima Markets APP)  Conclusion  To navigate the […]

Gold Drops as Trump Wins U.S. Election  On Monday, gold prices fell by 2.42%, closing at $2,619 per ounce. A 0.5% rise in the dollar index pushed it to its highest point since early July, making gold less appealing to non-dollar buyers. The dollar index jumped over 1.5% last week, reaching 105.44 after Trump’s election […]

Bitcoin Reaches New High Amid Trump’s Election Victory  Bitcoin surged past $81,000 on Monday, reaching a record high following Donald Trump’s win in the U.S. presidential election. The outcome, along with the election of several pro-crypto members to Congress, has fuelled optimism for a less restrictive regulatory stance toward digital assets. BTCUSD rose 17% last […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for NOV 8, 2024.  USDJPY Key Takeaways  USDJPY Technical Analysis  USDJPY Daily Chart Insights  (USDJPY Daily Price Chart, Source: Ultima Markets MT4)  USDJPY 1-hour Chart Analysis  (USDJPY H1 Price Chart, Source: Ultima Markets MT4)  USDJPY Pivot Indicator  (USDJPY M30 Price Chart, […]

Cautious Tone from Bank of England Governor Andrew Bailey  On Thursday, the Bank of England reduced interest rates by 25 basis points to 4.75%, as anticipated. This marks the second rate cut since 2020, with Governor Andrew Bailey signalling that any future rate reductions will likely be gradual.  The Monetary Policy Committee (MPC) voted 8-1 […]

After Trump’s return to the White House, he is expected to boost traditional industries, particularly energy, finance, and defense, through policies such as deregulation and tax cuts. Meanwhile, Musk, with his close ties to Trump, is likely to reap significant business rewards, further solidifying the position of his corporate empire.  Trump’s success Key Takeaways  Trump’s […]