In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for 9th April 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 […]

Brent crude futures dropped over 1% to under $90 per barrel on Monday, with the reduction in Middle East tensions having a greater impact than the anticipated tightening of worldwide supply. The decrease in hostilities became apparent as Israel pulled additional forces out of Southern Gaza, presumably reacting to mounting global pressure. Moreover, the resumption […]

Canada saw its unemployment rate climb to 6.1% in March 2024, an increase from 5.8% the previous month, reaching the highest rate since October 2021 and significantly topping forecasts of 5.9%.  The data align with the Bank of Canada’s observations, suggesting that high interest rates are placing considerable strain on the labor market. These figures […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the Silver for 3rd April 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 […]

On Tuesday, WTI crude futures surged past $85 per barrel, reaching a peak not seen since October, due to potential supply disruptions arising from Ukrainian attacks on Russian energy sites and heightened tensions in the Middle East.   There was a deadly airstrike on the Iranian embassy in Damascus, attributed to Israel, claiming the lives of […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for 2nd April 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 […]

The manufacturing sector in the United States experienced a positive turnaround in March, as indicated by the ISM Manufacturing Purchasing Managers’ Index (PMI). The index rose to 50.3, up from 47.8 in February, surpassing market expectations of 48.4. It marked the first expansion in the manufacturing sector after 16 consecutive months of contraction. (A PMI […]

The U.S. personal consumption expenditure price index (PCE) increased 0.3% month-over-month in February 2024. The increase was lower than the upwardly revised 0.4% rise in January and lower than the forecasted 0.4%. Prices for services went up 0.3%, while prices for goods rose 0.5%. The annual rate edged up to 2.5%, in line with forecasts, […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for 29th March 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 […]

US stocks closed on a mixed note on the final trading day of the first quarter, right before the Easter holiday. The S&P 500 inched up by 0.1% to set a new record, the Dow Jones Industrial Average increased by 47 points (0.12%), while the Nasdaq Composite dipped by 0.1%. This market activity took place […]