In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for June 27, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  1-hour Chart Analysis  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]

US stocks saw a modest increase on Wednesday, ending a fluctuating session on a slightly positive note with investors remaining cautious ahead of the anticipated PCE report on Friday. The Dow Jones Industrial Average rose by 15.64 points (0.04%), while the S&P 500 and Nasdaq experienced minor gains of 0.16% and 0.48%, respectively, maintaining levels […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for June 26, 2024.  Key Takeaways  Technical Analsis  Daily Chart Insights  1-hour Chart Analysis  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]

Canada’s annual inflation rate increased to 2.9% in May 2024, up from a three-year low of 2.7% in April. The rise contradicted market expectations of a slowdown to 2.6%. While the inflation rate aligns with the Bank of Canada’s forecast of inflation staying near 3% in the first half of 2024, the halt in the […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for June 25, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  4-hour Chart Analysis  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]

The Japanese yen weakened to around 159.40 per dollar, nearing the 160 level that prompted market intervention by authorities in late April. In response, Japan’s top currency diplomat Masato Kanda stated the government’s readiness to act against speculative currency movements. Concurrently, the US Treasury added Japan to a watchlist for potential currency manipulation.  These developments […]

In June 2024, the Swiss National Bank (SNB) decided to lower the primary policy rate by 0.25 percentage points, settling it at 1.25%. Such action aligned with the financial market’s expectations and mirrored the bank’s previous move at its earlier meeting. The decision stemmed from a diminishment in the core inflation pressures and the robustness […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for 21st June 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  1-hour Chart Insights  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you with […]

In May, the annual rate of inflation in the United Kingdom dropped to the 2% level that the central bank aims for, meeting the expectations of financial analysts. Additionally, the core inflation rate, which removes the volatile food and energy prices to give a clearer view of inflationary trends, decreased from 3.9% to 3.5%, aligning […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for June 20, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  4-hour Chart Analysis  Pivot Indicator  Conclusion  To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]