Category Archives: Market Outlook (New)
UK’s Economic Outlook Worries as Pound Set to Depreciate
Written on January 9, 2025 at 12:04 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for JAN 9, 2025. Fundamental Analysis GBPUSD Key Takeaways Technical Analysis GBPUSD Daily Chart Insights (GBPUSD Daily Price Chart, Source: Ultima Markets MT4) GBPUSD 1-hour Chart Analysis (GBPUSD H1 Price Chart, Source: Ultima Markets MT4) GBPUSD Pivot Indicator (GBPUSD M30 Price […]
Australian Inflation Trend Boost RBA’s Rate Cut Prospects
Written on January 9, 2025 at 11:54 am, by carl
Core Inflation Drop Strengthens Case for RBA Action In November, Australian consumer prices saw an uptick largely due to an associated rise in the cost of electricity. This edged inflation up from a three-year low, in turn bolstering the case to cut interest rates as early as next month due to the decline in in […]
Gold prices fell into triangle conversion
Written on January 8, 2025 at 3:25 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for JAN 8, 2025. 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 […]
ECB Faces Rising Inflation and Uncertain Policy Path
Written on January 8, 2025 at 11:59 am, by carl
Eurozone Inflation Rises to 2.4% Amid Energy and Service Costs Inflation in the Eurozone accelerated in December, rising to 2.4% from 2.2% in November, in line with expectations, due to rising energy prices as well as services sector costs. The euro dipped 0.48% against the U.S. dollar, closing at $1.034. (Eurozone’s Inflation Chart, Source: Eurostat) […]
USDJPY continues to soar, beware of the 159 price level
Written on January 7, 2025 at 4:17 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for JAN 7, 2025. 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 […]
Germany’s Inflation Exceeds Expectations
Written on January 7, 2025 at 3:35 pm, by carl
Germany’s Inflation Signals Trends for Eurozone Germany’s yearly inflation rate rose too high in December which was observed to inflate greater than expected due to the increase in food prices and a smaller decline in energy cost than the previous month. According to the data reported by the Federal Statistics Office on Monday, the harmonized […]
Fed Faces Balancing Act Amid Slowing Rate Cuts
Written on January 6, 2025 at 3:28 pm, by carl
Balancing Inflation and Employment On Sunday, Federal Reserve Governor Adriana Kugler and San Francisco Fed President Mary Daly underscored the complex balancing act facing U.S. central bankers as they aim to slow the pace of rate cuts this year. Last year, the Fed reduced short-term interest rates by a full percentage point, bringing them to […]
Dollar Strengthens, Euro Faces Further Downside
Written on January 4, 2025 at 11:18 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD for JAN 3, 2025. Fundamental Analysis EURUSD Key Takeaways 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 […]
Pound Sterling Hits Nine-Month Low Against U.S. Dollar
Written on January 4, 2025 at 11:06 pm, by carl
Pound Slides as Dollar Strengthens on Policy Expectations The British pound sank on Thursday to a level it has not seen for nearly nine months against the US dollar as the latter’s position remained strong waiting for the alteration of internal policies from the soon to be President Donald Trump. The pound had given up […]
The N.G of Russia is NG
Written on January 2, 2025 at 10:41 pm, by carl
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NG for JAN 2, 2025. Fundamental Analysis NG Key Takeaways Technical Analysis NG Daily Chart Insights (NG Daily Price Chart, Source: Ultima Markets MT4) NG 1-hour Chart Analysis (NG H1 Price Chart, Source: Ultima Markets MT4) NG Pivot Indicator (NG M30 Price […]