Tag Archives: Commodity
Focus on COPPER today – 5th July 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for July 5, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-Hour Chart Insights 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 […]
Focus on COPPER today – 21st June 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the COPPER for 21st June 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Insights 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 with […]
Oil Futures Soar Amid Summer Season and Global Political Shifts
On Monday, WTI crude futures experienced a significant increase, rising by 2.2% and closing at $77.4 per barrel, marking their highest point in more than a week. This was the most substantial one-day gain seen since February and was driven by the anticipation of a rise in fuel demand during the summer season. Investors are […]
Focus on XAUUSD today – 23rd April 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 23rd April 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 […]
Crude oil prices skyrocketed following Houthis’ attack.
Crude oil prices: The Red Sea attack WTI oil price on Monday. Crude oil prices rose more than 1% on Monday after Houthi movement launched an attack on a fuel tanker in the Red Sea. Commodities trader Trafigura released a statement on risk assessment on Saturday, noting possible oil supply disruption following the attack last […]
Highly Unpredictable Wheat Prices Lie Ahead
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 […]
