In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI OIL for July 2, 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 […]

European stock markets posted gains on Monday, with the STOXX 50 rising 0.73%, the STOXX 600 up 0.32%, and the CAC 40 advancing around 1.09%. In addition, The Euro climbed above $1.074, hitting a high of $1.07754. Investors were digesting the results of France’s snap parliamentary election.  The far-right National Rally party won the first […]

The Personal Consumption Expenditure (PCE) price index in the United States remained unchanged in May 2024 compared to the previous month, marking the smallest change in six months. It follows a 0.3% increase in April and aligns with economists’ forecasts. Breaking down the index, prices for goods decreased by 0.4%, while prices for services saw […]

As we enter the latter half of 2024, Ultima Markets continues to excel in the forex industry, achieving global recognition, market standing, and service excellence, with unwavering momentum. In our latest milestone, Ultima Markets is nominated for two prestigious categories at the Global Forex Awards 2024 – Retail. Here are the categories in which we […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCAD for June 28, 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 […]

On Friday, Bitcoin’s value reached stability, climbing above the $61,000 threshold after dropping to a near two-month low at the beginning of the week. Its recovery was bolstered by renewed investments into Bitcoin Exchange Traded Funds (ETFs) based in the US, alongside weakened economic indicators from the US, reinforcing arguments for potential Federal Reserve interest […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for June 27, 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 […]

US stocks saw a modest increase on Wednesday, ending a fluctuating session on a slightly positive note with investors remaining cautious ahead of the anticipated PCE report on Friday. The Dow Jones Industrial Average rose by 15.64 points (0.04%), while the S&P 500 and Nasdaq experienced minor gains of 0.16% and 0.48%, respectively, maintaining levels […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for June 26, 2024.  Key Takeaways  Technical Analsis  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 […]

Canada’s annual inflation rate increased to 2.9% in May 2024, up from a three-year low of 2.7% in April. The rise contradicted market expectations of a slowdown to 2.6%. While the inflation rate aligns with the Bank of Canada’s forecast of inflation staying near 3% in the first half of 2024, the halt in the […]