Ultima Markets

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for SEP 5, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (Gold Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (Gold H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (Gold M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

On Wednesday, the Bank of Canada reduced its key policy rate by 25 basis points to 4.25%, in line with expectations. Governor Tiff Macklem noted that due to sluggish economic growth, a larger rate cut might be necessary to support the economy.  The central bank had maintained its benchmark rate at a two-decade high of […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for SEP 4, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (USD/CAD Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (USD/CAD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (USD/CAD M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

U.S. stocks declined on Tuesday, as investors awaited data expected to impact the Federal Reserve’s decision on interest rate cuts. The Dow dropped to 40,936.93, while the S&P 500 lost 2.12% to 5,528.93, and the Nasdaq Composite 3.26% to 17,136.30.  (NASDAQ Index Daily Price Chart, Source: Trading View)  Chip stocks were notably affected, with Nvidia, […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for Sept 3, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (EUR/USD Daily Price Chart, Source: Ultima Markets MT4)  1-hour Chart Analysis  (EUR/USD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (EUR/USD M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

On Monday, gold prices slipped by 0.16%, closing at $2,499 per ounce. This followed a 0.7% decline last Friday after U.S. inflation data indicated that the Federal Reserve might opt for a smaller-than-expected interest rate cut this month.  (Gold Daily Price Chart, Source: Trading View)  Friday’s data revealed that U.S. consumer spending saw a solid […]

On Friday, crude oil prices declined by 3.11%, closing at $73.60. The downturn extended to Monday as investors weighed the likelihood of increased OPEC+ production starting in October against a steep decline in Libyan output, amid sluggish demand in China and the U.S., the world’s two largest oil consumers.  (Crude Oil Daily Price Chart, Source: […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for AUG 30 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (Copper Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (Copper H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (Copper 30 Minutes Price Chart, Source: Ultima Markets APP)  […]

On Thursday, Germany’s inflation rate y/y for August decreased to 1.9%, down from 2.3% in July. Similarly, Spain’s inflation rate y/y for August dropped to 2.2% from the previous 2.8%. This led to a decline in the Euro, with EUR/USD closing at 1.0770 after falling 0.38%.  (EUR/USD Daily Price Chart, Source: Trading View)  European Central […]

As we enter the third quarter of 2024, the global economy faces uncertainty, ranging from the unknown economic impact of Olympic in France, central banks at a crucial policy turning point as well as investors seeking safety in the tumultuous financial market. In response to these challenges, Ultima Markets has released its Investor’s Magazine Q3 […]