On Wednesday, the data revealed that the U.S. Consumer Price Index (CPI) rose by 0.2% last month, mirroring the increase seen in July. Over the past 12 months ending in August, the CPI grew by 2.5%, marking the slowest annual increase since February 2021 and down from the 2.9% gain in July. However, when excluding […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for SEP 11, 2024.  Key Takeaways  Technical Analysis  Weekly Chart Insights  (BTCUSD Weekly Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (BTC/USD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (BTC/USD M30 Price Chart, Source: Ultima Markets MT4)  Conclusion  […]

On Tuesday, the Organization of the Petroleum Exporting Countries (OPEC) announced in its monthly report that global oil demand is projected to rise by 2.03 million barrels per day (bpd) in 2024, a slight decrease from the previous month’s forecast of 2.11 million bpd. However, until last month, OPEC was still maintaining the same forecast […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for SEP 10, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (GBP/USD Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (GBP/USD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (GBP/USD M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

Consumer prices in China rose in August at the fastest rate in six months, driven by higher food costs stemming from weather disruptions. The consumer price index (CPI) increased by 0.6% year-on-year, compared to 0.5% in July, but fell short of the 0.7% forecast.  (China CPI y/y Chart, Source: Forex Factory)  Meanwhile, the producer price […]

The Dollar Index, which tracks the U.S. currency’s performance against six major counterparts, rose 0.2% to 101.21. It climbed amid volatile trading on Friday after data revealed U.S. employment grew less than anticipated in August, pointing to a gradual slowdown in the labour market. Non-farm payrolls increased by 142,000 last month, following a downwardly revised […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI OIL for SEP 6, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (Crude Oil Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (Crude Oil H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (Crude Oil M30 Price Chart, Source: […]

The pound remained steady on Thursday, poised for a modest weekly gain against the dollar ahead of U.S. employment data, which could shape the currency markets in the coming weeks and months. GBP/USD rose 0.25%, closing at 1.3177, edging back towards its last week’s two-year high of $1.3269.  (GBP/USD Daily Price Chart, Source: Trading View)  […]

On August 19, 2024, Villarreal and Atlético Madrid delivered a gripping La Liga match that ended in a 2-2 draw. The match showcased high-intensity football, with both teams displaying tactical skill and adapting to the fast-paced nature of the game. At the sound of the first whistle, it was clear that this match would leave […]

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  […]