Monthly Archives: December 2024
Gold Prices Plunged, But Rebound is On The Way
Written on December 19, 2024 at 6:10 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for DEC 19, 2024. Fundamental Analysis GOLD Key Takeaways Technical Analysis GOLD Daily Chart Insights (GOLD Daily Price Chart, Source: Ultima Markets MT4) GOLD 1-hour Chart Analysis (GOLD H1 Price Chart, Source: Ultima Markets MT4) GOLD Pivot Indicator (GOLD M30 Price […]
JPY is Murky, the US-Japan Policy Become a Weather Vane
Written on December 19, 2024 at 5:45 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for DEC 18, 2024. Fundamental Analysis USDJPY Key Takeaways Technical Analysis USDJPY Daily Chart Insights (USDJPY Daily Price Chart, Source: Ultima Markets MT4) USDJPY 1-hour Chart Analysis (USDJPY H1 Price Chart, Source: Ultima Markets MT4) USDJPY Pivot Indicator (USDJPY M30 Price […]
Fed’s ‘Hawkish’ Rate Cut Lifts Dollar to Two-Year High
Written on December 19, 2024 at 4:23 pm, by carl
Fed Hold Rates Steady at 4.25% as Expected On Wednesday, the Federal Reserve decreased the benchmark policy rate by 25 basis points, which has reached a range of 4.25%-4.50%. The officials hinted at the possibility of a pause in further rate cuts next year as labor market conditions remained stable and the inflation trends showed […]
Gold Slips Amid Fed Rate Speculation
Written on December 19, 2024 at 4:14 pm, by carl
Gold Falls on Dollar Strength, Fed in Focus On Tuesday, gold slipped 0.25%, closing at $2646/ounces. This is mainly driven by the pressure from a strengthening U.S. dollar and climbing Treasury yields as investors focused on the Federal Reserve’s final policy meeting of the year with growing expectations of a gradual pace of rate cuts […]
Funds flow in，Bitcoin rocket high
Written on December 17, 2024 at 3:01 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BITCOIN for DEC 17, 2024. BITCOIN Key Takeaways BITCOIN Technical Analysis BITCOIN Daily Chart Insights (BITCOIN Daily Price Chart, Source: Ultima Markets MT4) BITCOIN 1-hour Chart Analysis (BITCOIN H1 Price Chart, Source: Ultima Markets MT4) BITCOIN Pivot Indicator (BITCOIN M30 Price Chart, […]
Pound Sterling Strengthens After PMI Release
Written on December 17, 2024 at 2:33 pm, by carl
Bank of England Remain Cautious in Rate Cut On Monday, the Pound Sterling strengthened against the US Dollar after a business activity survey signalled rising prices in Britain, while investors prepared for a series of central bank meetings this week, including the Bank of England’s decision on Thursday. GBP/USD climbed 0.57%, closing at 1.2682. (GBP/USD […]
Bitcoin Surges Past $106,000
Written on December 16, 2024 at 5:27 pm, by carl
Crypto Market Rallies on Trump’s Strategic Reserve Plan Bitcoin surged to an all-time high above $106,000 on Monday after President-elect Donald Trump suggested that the United States would create a U.S. Bitcoin strategic reserve, like the country’s oil reserve. The news sent cryptocurrency enthusiasts into a frenzy. The cryptocurrency surged to an intraday high of […]
CHF Fell Sharply, NOT Thoroughly
Written on December 13, 2024 at 12:04 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCHF for DEC 13, 2024. USDCHF Key Takeaways USDCHF Technical Analysis USDCHF Daily Chart Insights (USDCHF Daily Price Chart, Source: Ultima Markets MT4) USDCHF 1-hour Chart Analysis (USDCHF H1 Price Chart, Source: Ultima Markets MT4) USDCHF Pivot Indicator (USDCHF M30 Price Chart, […]
Euro Falls as ECB Cuts Rates by 25 Basis Points
Written on December 13, 2024 at 11:44 am, by carl
ECB Cuts Rates to 3% as Expected The European Central Bank (ECB) lowered its benchmark interest rate by 25 basis points to 3% on Thursday, a decision widely anticipated by markets. This marks the fourth-rate reduction in 2024, with the central bank hinting at the potential for additional cuts as inflation nears its target and […]
ECB is Hard to Save The Euro
Written on December 12, 2024 at 11:37 am, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for DEC 12, 2024. EURUSD Key Takeaways EURUSD Technical Analysis EURUSD Daily Chart Insights (EURUSD Daily Price Chart, Source: Ultima Markets MT4) EURUSD 1-hour Chart Analysis (EURUSD H1 Price Chart, Source: Ultima Markets MT4) EURUSD Pivot Indicator (EURUSD M30 Price Chart, […]
