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From Ultima Markets

Trusted guidance from our knowledgeable experts. Get the latest market news, analysis, and Ultima Markets updates.

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Focus on BTCUSD today – 12th June, 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for June 12, 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 […]

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Political Uncertainties Drive French Markets to Multi-Month Low 

On Tuesday, the CAC 40 index plummeted 1.33%, closing at 7,789.21—a nadir not seen since February, as political uncertainties loomed after President Macron’s unexpected request for an early legislative vote. This move by Macron comes as a reaction to the far-right’s advance in the European Parliament elections. While Macron’s presidential role and his control over […]

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Focus on GBPUSD today – 11th June, 2024 

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for June 11, 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 […]

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Oil Futures Soar Amid Summer Season and Global Political Shifts 

On Monday, WTI crude futures experienced a significant increase, rising by 2.2% and closing at $77.4 per barrel, marking their highest point in more than a week. This was the most substantial one-day gain seen since February and was driven by the anticipation of a rise in fuel demand during the summer season.  Investors are […]

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Focus on EURUSD today – 7th June, 2024

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for June 7, 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 […]

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Gold price rose as rate cut looms

Gold received high demand in the market, buoyed by imminent rate cut from central banks around the world. The yellow bullion notched in positive gains this week as Federal Reserve, Bank of Canada and European Central Bank is expected to loosen their monetary policy in the coming months. According to analysts, gold price is expected […]

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Focus on WTI OIL today – 6th June, 2024

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI OIL for June 6, 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 […]

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Nvidia at record high as market brace for stock split

Nvidia stock price rallied to record high yesterday, with valuation topping US$3 trillion while overtaking Apple to become the world’s second most valuable company. Recent surge in Nvidia’s stock price stemmed from the company’s bullish quarterly report and revenue forecast. For its first quarter, the company recorded a 262% jump in revenue year-on-year, coming in […]

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Focus on USDCAD today – 5th June 2024

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for 5th June 2024. Key Takeaways Technical Analysis Daily Chart Insights H4 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 […]

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Expectation for rate cut prompts high demand for US equities

US equities ended higher on Tuesday following the release of employment data from United States which reaffirms expectations for interest rate cut later this year. According to JOLTs, US job openings fell to its lowest level in 3 years with 8.059 million vacancies for April. The report shows significant reduction in job vacancies which suggests […]