In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTIOIL for JAN 22, 2025. Fundamental Analysis of WTIOIL WTIOIL Key Takeaways Technical Analysis of WTIOIL Daily and Hourly Charts WTIOIL Daily Chart Insights (WTIOIL Daily Price Chart, Source: Ultima Markets MT4) WTIOIL 1-hour Chart Analysis (WTIOIL H1 Price Chart, Source: Ultima […]

Canada’s December Inflation Slows with Mid-Month Tax Break Canada’s annual inflation rate slowed in December, as data released on Tuesday revealed. This was partly due to a sales tax break introduced mid-month, which reduced the prices of alcohol, restaurant food, and children’s clothing. The annual inflation rate dropped to 1.8%, according to Statistics Canada, slightly […]

Markets Await Trump’s Moves The dollar fell sharply on Monday after an official from the incoming U.S. administration indicated that President-elect Donald Trump would not impose new trade tariffs on his first day in office. This announcement eased fears of an immediate tariff blitz. (U.S Dollar Index Daily Chart, Source: Trading View) Trump, who is […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for JAN 21, 2025. Fundamental Analysis of USDJPY USDCAD Key Takeaways Technical Analysis of USDCAD Daily and Hourly Charts USDCAD Daily Chart Insights (USDCAD Daily Price Chart, Source: Ultima Markets MT4) USDCAD 1-hour Chart Analysis (USDCAD H1 Price Chart, Source: Ultima […]

Housing Gains Amid Challenges U.S. single-family homebuilding rose to a 10-month high in December, suggesting some improvement in housing activity toward the end of the year. However, rising mortgage rates and an oversupply of new homes on the market could slow the pace of recovery. According to a report from the Commerce Department on Friday, […]

BOJ Poised for Rate Hike Amid Wage Growth Optimism  The yen is set for its strongest weekly performance in over a month, driven by growing expectations that the Bank of Japan (BOJ) will raise interest rates next week, pressuring the dollar ahead of Donald Trump’s potential return to the White House. The USD has dropped […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for JAN 16, 2025.  Fundamental Analysis of BTCUSD  BTCUSD Key Takeaways  Technical Analysis of BTCUSD Daily and Hourly Charts  BTCUSD Daily Chart Insights  (BTCUSD Daily Price Chart, Source: Ultima Markets MT4)  BTCUSD 1-hour Chart Analysis  (BTCUSD H1 Price Chart, Source: Ultima […]

Markets Bet on June Rate Cut  The consumer price index (CPI) climbed 0.4% last month, marking the largest increase since March, following a 0.3% rise in November, as reported by the Bureau of Labor Statistics. Annually, CPI rose 2.9% through December, the highest since July, up from November’s 2.7%.  Part of the annual CPI rise […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for JAN 15, 2025.  Fundamental Analysis of EURUSD  EURUSD Key Takeaways  Technical Analysis of EURUSD Daily and Hourly Charts  EURUSD Daily Chart Insights  (EURUSD Daily Price Chart, Source: Ultima Markets MT4)  EURUSD 1-hour Chart Analysis  (EURUSD H1 Price Chart, Source: Ultima […]

Fed Holds Firm Amid Slower Producer Price Growth  US producer prices saw a less than an expected increase in December, this increase was aided by the stable service prices that offset the rise in the goods costs. This establishes the fact that the inflation is still on a downward trend, even after certain stagnation has […]