In the January meeting, the Federal Reserve (FED) opted to maintain Fed funds rate at 5.25%-5.5%, holding steady at its 23-year high for the fourth consecutive meeting, aligning with expectations. Policymakers conveyed that they are hesitant to lower rates until they are more confident in inflation sustainably approaching 2%.   During the press conference, Fed […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 31st January 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 […]

Exceeding expectations, Microsoft (MSFT.US) unveiled robust second-quarter financials on Tuesday, January 30, anchored by cloud computing strength. Earnings outpaced forecasts at $2.93 per share (adjusted), on sales of $62 billion that similarly surpassed estimates.  Propelling top-line outperformance, pivotal cloud revenues expanded to $33.7 billion versus $32.2 billion projected. Azure cloud platform momentum persisted within the […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for 30th January 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion

Comprehensive Analysis for USD/CHF for January 26, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CHF for 26th January 2024.  USD/CHF Key Takeaways USD/CHF Technical Analysis USD/CHF Daily Chart Insights USD/CHF 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion 

Understanding IBM’s Fourth Quarter Performance IBM (IBM.US) stands tall with its recent surge in stock value propelled by soaring demand for artificial intelligence (AI) solutions. The company’s robust financial results for the fourth quarter of 2023 reflect an impressive trajectory. IBM’s stock rallied by over 9% following the release of its quarterly earnings report, showcasing […]

Comprehensive USD/CAD Analysis for January 25, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 25th January 2024.  USD/CAD Key Takeaways USD/CAD Technical Analysis USD/CAD Daily Chart Insights USD/CAD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion 

Netflix Revenue and Subscriber Growth Analysis In the wake of Netflix’s (NFLX.US) fourth-quarter financial report, the streaming giant has demonstrated remarkable growth, spurring a surge in its shares and underscoring its position as a dominant force in the entertainment industry. Fourth Quarter Revenue Beat Netflix’s fourth-quarter revenue soared to $8.8 billion, marking a 12.5% increase […]

Comprehensive XAU/USD Analysis for January 24, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAU/USD for 24th January 2024.  XAU/USD Key Takeaways  XAU/USD Technical Analysis XAU/USD Daily Chart Insights XAU/USD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion 

Johnson & Johnson Exceeds Quarterly Sales Expectations, Maintains Outlook Johnson & Johnson (JNJ.US), a leading pharmaceutical and medical devices company, recently reported its fourth-quarter results, showcasing robust performance that surpassed analyst expectations. The company’s quarterly sales surged to $21.40 billion, accompanied by a net income of $4.13 billion. On a per-share basis, net earnings reached […]