Category Archives: Market Outlook (New)

Comprehensive WTI OIL Analysis for January 3, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the WTI OIL for 3rd January 2024.  WTI OIL Analysis Key Takeaways  WTI OIL Technical Analysis  WTI OIL Daily Chart Insights WTI OIL 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion  For personalized guidance tailored […]

Spanish Markets: A Positive Kickstart to 2024 The Spanish financial landscape is off to a promising start in 2024, building on the momentum of a stellar performance in the previous year. Let’s delve into key insights and forecasts shaping the Spanish markets this year. IBEX 35: A Strong Kickoff The IBEX 35 (ES35), Spain’s benchmark […]

Comprehensive XAU/USD Analysis for January 2, 2024 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAU/USD for 2nd January 2024.  XAU/USD Key Takeaways XAU/USD Technical Analysis  XAU/USD Monthly Chart Insights XAU/USD Daily Chart Analysis Trading Central Pivot Indicator Conclusion  To navigate the complex world of trading successfully, it’s imperative to […]

Positive Signs Arise from The World’s Economic ‘Canary in The Coal Mine’ – South Korea South Korea’s exports play a pivotal role as a leading economic indicator, often referred to as the world’s “canary in the coal mine”. This is due to the country’s substantial exposure to the three largest economies: the United States, China, […]

Precious Metal Demand Surges, Boosting Platinum to Six-Month High In recent market movements, platinum futures have surged to impressive levels, breaking the $950 barrier and attaining near six-month highs. This upswing is attributed to a combination of factors, including a weaker dollar and optimistic economic outlook. In this article, we delve into the dynamics influencing […]

Unraveling the Future of Wheat Prices in 2024 The world of wheat trading is experiencing a delicate balance, with futures prices hovering around $6.30 per bushel as we approach the end of 2023. A myriad of factors, including global supplies, geopolitical tensions, and weather conditions, are steering the course of wheat prices. In this article, […]

Comprehensive XAU/USD Analysis for December 29, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAU/USD for 29th December 2023.  XAU/USD Key Takeaways  XAU/USD Technical Analysis  XAU/USD Daily Chart Insights XAU/USD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion 

Comprehensive COPPER Analysis for December 28, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for 28th December 2023.  COPPER Analysis Key Takeaways COPPER Technical Analysis COPPER Daily Chart Insights COPPER 1-hour Chart Analysis COPPER Trading Central Pivot Indicator Conclusion 

Wheat futures prices languished near $6.30 per bushel in late December, poised to end 2023 roughly 15% lower year-over-year. Abundant global supplies from major producers like Russia and South America outweighed supply disruption risks stemming from the ongoing war in Ukraine. The latest USDA forecasts showed Russia’s 2023/2024 wheat crop could reach 90 million metric […]

Comprehensive USD/CAD Analysis for December 27, 2023 USD/CAD Key Takeaways USD/CAD Fundamental Analysis Greenback took a hit during holiday season trading, pinned down by bearish economic data. From the Canadian end, its latest Gross Domestic Product for the month of October came in flat at 0%, falling short of expectation for a rise of 0.2%. […]