In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for 20th February 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 Monday, February 19, the European stock markets demonstrated consistency, with the STOXX 50 achieving a new closing high unseen for 23 years, and the more expansive Stoxx 600 reaching a zenith not seen since January 2022. Market participants are looking forward to a noteworthy week with the publishing of important indicators such as the […]

In January 2024, producer prices for final demand in the United States experienced a month-over-month uptick of 0.3%. This represented the most significant increase over a five-month period, succeeding a 0.1% decline in December and surpassing the projected growth of 0.1%. Service costs rose by 0.6%, marking the highest surge since July 2023, propelled by […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for 16th February 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 […]

On Thursday, February 15, the DAX index in Frankfurt reached a groundbreaking record as it climbed 0.6% higher to settle at 17,047. This record-breaking high was bolstered by a succession of promising corporate earnings and optimistic comments from the President of the European Central Bank, Christine Lagarde.  Lagarde acknowledged the latest economic data from the […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 15th February 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 Thursday, Feb. 15th, the UK pound slightly decreased in value, dropping below $1.26 compared to the US dollar following the latest UK CPI data revealed. The figures alleviated concerns about escalating inflation pressure.   For January, the yearly inflation rate in the UK remained consistent at 4%, a bit lower than the anticipated 4.2%. The […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for 7th February 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 […]

The RBA board previously met 11 times a year, except January, to decide on interest rates. From this year, they will meet eight times only. During its first monetary policy meeting of 2024, the Reserve Bank of Australia elected to leave official cash rates unchanged at 4.35 percent, a widely anticipated decision given cooling inflationary […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for 6th February 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 […]