Tag Archives: FED

On Tuesday, gold prices dropped by over 1%, though they later recovered slightly, closing at 2621 with a 0.83% decline. This represented the steepest percentage drop in six weeks, as recent U.S. employment data tempered expectations for a larger rate cut, while markets awaited the release of the U.S. Federal Reserve’s policy meeting minutes for […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for OCT 8th, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (USDJPY Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (USDJPY H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (USDJPY M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

On Wednesday, the U.S. dollar surged after the ADP National Employment Report revealed that U.S. private payrolls increased more than expected in September, ahead of Friday’s highly anticipated jobs data. Private payrolls rose by 143,000 last month, following an upwardly revised increase of 103,000 in August, surpassing the forecasted 120,000 additions. As a result, the […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the AUDUSD for SEP 24, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (AUDUSD Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (AUDUSD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (AUDUSD M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for SEP 19, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (USDJPY Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (USDJPY H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (USDJPY M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

On Wednesday, the Federal Reserve reduced interest rates by 50 basis points to 5%, leading to notable volatility in the U.S. dollar. Initially, the dollar traded lower following the announcement but recovered some of those losses after Chair Jerome Powell’s press conference. Ultimately, the dollar slipped 0.08% after turbulent trading, closing at 100.93.  (U.S Federal […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAGUSD for SEP 18, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (XAGUSD Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (XAGUSD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (XAGUSD M30 Price Chart, Source: Ultima Markets APP)  Conclusion  […]

Focus on S&P 500 today – 12th SEP 2024  In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the S&P 500 for SEP 12, 2024.  Key Takeaways  Technical Analysis  Daily Chart Insights  (S&P500 Daily Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (S&P500 H1 Price Chart, Source: Ultima Markets MT4)  Pivot […]

On Wednesday, the data revealed that the U.S. Consumer Price Index (CPI) rose by 0.2% last month, mirroring the increase seen in July. Over the past 12 months ending in August, the CPI grew by 2.5%, marking the slowest annual increase since February 2021 and down from the 2.9% gain in July. However, when excluding […]

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BTCUSD for SEP 11, 2024.  Key Takeaways  Technical Analysis  Weekly Chart Insights  (BTCUSD Weekly Price Chart, Source: Ultima Markets MT4)  H1 Chart Insights  (BTC/USD H1 Price Chart, Source: Ultima Markets MT4)  Pivot Indicator  (BTC/USD M30 Price Chart, Source: Ultima Markets MT4)  Conclusion  […]