Comprehensive Brent Oil for October 27, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the Brent Oil (UKOUSD) for 27th October 2023. 

Key Takeaways 

• The Israeli-Palestinian conflict affects oil prices: Israel agreed to postpone its ground attack on Gaza this week, and crude oil price experienced a huge short-term correction, suggesting that risk sentiment is a key factor supporting current oil prices. If the conflict intensifies, oil prices will continue to rise. 
• Geopolitical risks remain: The U.S. Department of Defense said that U.S. President Joe Biden had ordered strikes against Iran’s Islamic Revolutionary Guard Corps and two facilities used by Iran-backed groups in Syria. Oil prices rebounded in the short term. 

Brent Oil Technical Analysis 

Brent Oil Daily Chart Insights

• Stochastic Oscillator: The fast line crosses the slow line, and the indicator falls to the 50 mid-line, suggesting that the market price will do a correction next. 
• Price Action: Oil prices showed a bearish engulfing Pattern, suggesting that the market may decline further. 

• Moving average group: The blue 17-day moving average and the black 65-day moving average form a consolidation range. The oil price has been moved in this price range for three consecutive days. Whether it can be bearish or bullish depends on the market price direction.  

Brent Oil 1-Hour Chart Analysis

• Price Action: The direction of oil price is unclear. After oil prices rose above the yellow suppression price, the previous downward trend was destroyed, and the overall trend either reversed upward or experienced a longer-term shock adjustment. 
• 17-period moving average: The market price fell below the moving average again. Yesterday, there was even a retracement of the 17-period moving average (red position), which implies that if the market falls below 87.876, the price will fall again. Otherwise, if it breaks through the red rebound area, the oil price will go upwards. 

Ultima Markets MT4 Pivot Indicator

• According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 88.966, 
• Bullish Scenario: Bullish sentiment prevails above 88.966, first target is 90.047, second target is 91.702. 

• Bearish Outlook: In a bearish scenario below 88.966, first target 87.310, second target 86.230. 

Conclusion

Comprehensive EUR/USD for October 26, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EUR/USD for 26th October 2023. 

Key Takeaways 

• ECB will not raise interest rates: Today the European Central Bank announced its latest interest rate decision. In September, the ECB unexpectedly raised interest rates for the tenth consecutive time. But then it was hinted that this round of interest rate hikes is coming to an end and the ECB may not raise interest rates for the rest of this year. The market will focus on whether the ECB has additional forward guidance. 
• Euro depends on USD: Since the European Central Bank will “almost certainly” keep interest rates unchanged, the euro is more likely to be driven by the economy of the US. Tonight, the United States will announce the number of initial jobless claims last week and PCE data for the third quarter. 

EUR/USD Technical Analysis 

EUR/USD Daily Chart Insights

• Stochastic Oscillator: The fast line of the indicator crossed below the slow line yesterday, suggesting that a bearish trend in the market is coming. 
• Price action: The exchange rate showed a bearish price action on Tuesday, and then the candle bar pulled back to the 5-day moving average and fell below Tuesday’s low, suggesting that bears have the upper hand. 
• Flag-shaped consolidation structure: The exchange rate has fluctuated upward since October 4, and the overall price has shown a flag-shaped range. Next, we will pay attention to whether price can fall below the range today. If the range is still effectively supported, the market will rebound and rise again. Otherwise, short opportunities will come. 

EUR/USD 1-hour Chart Analysis

• Stochastic Oscillator: The fast line is about to cross the slow line, suggesting that the exchange rate is about to fall into consolidation in the short term. 
• Moving average group: The exchange rate fell below the 200-period moving average. Currently, the 33-period moving average and the 65-period moving average have not yet crossed the 200-period moving average. Theoretically, when the fast line crosses the slow line, the market price may pull back to the short-term moving average group. 

Ultima Markets MT4 Pivot Indicator

• According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 1.05797, 
• Bullish Scenario: Bullish sentiment prevails above 1.05797, first target 1.05933, second target 1.06205; 
• Bearish Outlook: In a bearish scenario below  1.05797, first target 1.05526, second target 1.05383. 

Conclusion 

Comprehensive USD/CAD for October 25, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USD/CAD for 25th October 2023. 

Key Takeaways 

• BOC is to maintain interest rate: The weak Canadian retail sales data suggests that Canada’s tightening monetary policy has shown results. The Bank of Canada will most likely keep overnight interest rates unchanged at 5.00% tonight. 
• BOC even has pressure to cut interest rates: Canada’s GDP in the third quarter grew at an annual rate of only 0.2%, far lower than the 1.5% growth predicted by the Bank of Canada. The Bank of Canada will cut interest rates to ease the economic downturn in the future. The market expects the overnight rate to drop to 4.75% or lower by the end of the second quarter of 2024. 
• Pay attention to the forward guidance: The Bank of Canada’s interest rate path for the year has basically been clear. Focus on the Bank of Canada’s forecast of the economy and interest rate levels in 2024. If it shows a hawkish attitude, be wary of the appreciation trend of the Canadian dollar tonight.  
• Oil prices drive the depreciation of the Canadian dollar: The price of crude oil fell rapidly after risk aversion gradually subsided, and the Canadian dollar was under pressure to depreciate. If oil prices continue to decline, the USD/CAD may continue to rise.     

USD/CAD Technical Analysis 

USD/CAD Daily Chart Insights

• Stochastic Oscillator: Although the fast line once again exceeded the slow line yesterday, the indicator has been relatively volatile since mid-October. The current upward trend is more like an adjustment trend, and it needs to wait for the exchange rate to break through the key price level to be confirmed. 
• Price Action: The three consecutive candle bars starting on October 5 are a clear downward trend. Therefore, even if the market is rising in the short term, as long as it does not break through the high point of the pin bar on October 5, it cannot be considered as the arrival of bulls. 

USD/CAD 4-hour Chart Analysis

• Wolfe wave pattern: The upward trend since October 10 has been relatively volatile, and the market trend currently forms a typical Wolfe wave pattern. Wait for point 5 to touch the upper extension line, then the market price will most likely form a short trend. 
• Elliot Wave Theory: The rapid decline since October 5 is a downward driving wave with a 5-wave structure. The rise since October 10 is temporarily determined to be a corrective wave. Only when the market price breaks through 1.37851, can it be confirmed that the downward driving wave is incorrect. 
• Fibonacci retracement: The market price broke through the 78.6% retracement of the downward trend, and there was a pullback during the US trading session yesterday. There is a certain probability that the exchange rate will rise. If a clear bearish candlestick pattern appears, the market may move lower quickly.

Ultima Markets MT4 Pivot Indicator

• According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 1.37193, 
• Bullish Scenario: Bullish sentiment prevails above 1.37193, first target 1.37765, second target 1.38129; 
• Bearish Outlook: In a bearish scenario below  1.37193, first target 1.36833, second target 1.36255. 

Conclusion 

Comprehensive GBP/USD for October 24, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/USD for 20th October 2023. 

Key Takeaways 

• Unemployment rate is the key: The British unemployment rate rose slightly in August, which means that the labor market continues to cool down, reducing inflation to a certain extent. If the unemployment rate continues to rise today, the pound may weaken and fall. 
• Economic pressure in the UK: UK PMI data for October will be released this afternoon, which has always been below the 50 boom-bust line in the early stage. Last week’s UK retail sales data and inflation report both showed that economic activity is weakening, and today’s data may still be in the contraction range. 

GBP/USD Technical Analysis 

GBP/USD Daily Chart Insights

• Stochastic Oscillator: The indicator completed the “golden cross” structure again yesterday, and there is a certain probability that the short-term market will continue to rise. 
• Price Action: Last week the bar came out of a bottom structure. In conjunction with the sharp rise yesterday, the bar has formed an evening star combination structure. The market has a probability of continuing to rise. 
• Moving average resistance: The current exchange rate is below the 33-day moving average (black line). At the same time, the overall market price and short-term moving average are also below the 200-day moving average (dashed line). Even if it is now experiencing a short-term rise, it cannot be premature to conclude that the reversal of the pound is coming. 

GBP/USD 1-hour Chart Analysis

• Stochastic oscillator: The indicator is entangled in the overbought area. Currently, bulls in the market have the upper hand, and there is some correction pressure on the short-term exchange rate. 
• Price action: In the end, the market price broke through the previous lowering highs, the overall downward structure was destroyed, and the intraday market ushered in a reversal. If you want to enter the market with the trend, you need to wait for the retracement structure to appear. 
• Elliot wave structure: After the market price quickly broke through the upward channel line yesterday, it can be temporarily judged that driving wave 3 is underway. The support position is the upper edge of the upward channel. After the market falls back, you can look for trading opportunities. 

Ultima Markets MT4 Pivot Indicator 

• According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 1.22157, 
• Bullish Scenario: Bullish sentiment prevails above 1.22157, first target 1.22890, second target 1.23315; 
• Bearish Outlook: In a bearish scenario below  1.22157, first target 1.21739, second target 1.21013. 

Conclusion 

Comprehensive GBP/USD for October 20, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBP/USD for 20th October 2023. 

Key Takeaways 

• High Inflation low hike expectations: Although Wednesday’s CPI data was stronger than expected, considering that CPI is still lower than the central bank’s August forecast of 6.9%, the monthly price level still maintains a downward trend. Therefore, the Bank of England may continue to maintain the current high interest rates for some time. 
• Powell disturbed the market: In the early morning, Federal Reserve Chairman Powell gave a speech that if he saw further signs of strong economic growth, he might raise interest rates again. This statement shocked the market. 
• Lack of long-term economic momentum in the UK: The UK faces high public debt, a possible recession, rising energy prices and the upcoming general election, all of which may limit economic growth and hit the pound. 

GBP/USD Technical Analysis 

GBP/USD Daily Chart Insights

• Stochastic Oscillator: The indicator fell below the midline yesterday, and there is a possibility that the market will decline further. 
• Price Action: The bar closed as a doji bar yesterday, indicating the current balance of long and short forces. The market today is bound to be a big fluctuation market – either it will accelerate the decline, or it will rise sharply. 

GBP/USD 4-hour Chart Analysis

• Fibonacci price: Yesterday, the exchange rate rose rapidly after falling to the 78.6% retracement price of the previous upward trend line. It is currently blocked by the 33-period and 65-period moving averages. If the 78.6% retracement level still fails to prevent the market from falling, the exchange rate may look towards the 1.2036. 
• Stochastic Oscillator: The indicator has formed a golden cross yesterday and is currently blocked at the 50 midline. This means that short-term bulls are exhausted, and transactions still need to wait for the breakthrough of the midline before confirmation. 
• Price Action: The market has rebounded four times in a row, and each rebound cannot exceed the previous one. The continuous lowering of high price means that the short force always has the upper hand. If the market wants to reverse, it needs to destroy the current structure, that is, break through the previous rebound high of 1.2190. 

Ultima Markets MT4 Pivot Indicator

• According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 1.21427, 
• Bullish Scenario: Bullish sentiment prevails above1.21427, first target 1.21933, second target 1.22434; 
• Bearish Outlook: In a bearish scenario below  1.21427, first target 1.20921, second target 1.20402. 

Conclusion 

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Comprehensive NZD/USD Analysis for October 19, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the NZD/USD for 19th October 2023. 

Key Takeaways 

• CPI data lower than expected: The decline in price levels means that the monetary policy of RBNZ is no longer tense. The market expects RBNZ to raise interest rates in February next year instead of November this year. 
• Political changes in New Zealand: The opposition National Party won the parliamentary election. 
• The U.S. dollar index rose slightly: Federal Reserve Governor Waller changed his tone and said that the Federal Reserve may need to continue to raise interest rates. The U.S. dollar index rose, closing up 0.33% yesterday at 106.58. 

NZD/USD Technical Analysis 

NZD/USD Weekly Chart Insights

• Price Action: The pin bar last week suggests that the New Zealand dollar’s downward trend is not over yet. The price has fallen below last week’s low price. 
• Stochastic oscillator: The indicator once again formed a dead cross in the oversold area, and short-term power prevailed. It is worth noting that due to the weak correction of the exchange rate from September to October, the indicator has the probability of forming a bottom divergence structure. It implies that even if the market falls this week, there is a probability that the price will reverse upward at any time next week. 
• Fibonacci retracement ratio: The market began to rise in mid-October last year and began to adjust in January this year. It fluctuated slightly at 61.8%. Since it continues to decline this week, the next target is the Fibonacci retracement price of 78.6%. 

NZD/USD 4-hour Chart Analysis

• Upward channel destruction: The entire upward channel line (red) was completely destroyed after yesterday’s rapid decline, and the short intraday trend is strong. 
• Price Action: After the market price fell back on the 5-period moving average, it formed a doji structure. Then the exchange rate fell below the low of doji bar, and the short trend was confirmed. 
• Stochastic oscillator: The indicator crosses over again in the oversold area. Although shorts are crowded, one cannot take risks by entering the market to buy the dip. If you want to go long, you can only wait until the bull trend is established and then observe. 

Ultima Markets MT4 Pivot Indicator 

• According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 0.58757, 
• Bullish Scenario: Bullish sentiment prevails above 0.58757, first target 0.59005, second target 0.59448; 
• Bearish Outlook: In a bearish scenario below 0.58757, first target 0.58322, second target 0.58071. 

Conclusion 

Comprehensive Brent Oil Analysis for October 18, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the BRENT OIL for 18th October 2023. 

Key Takeaways 

• Demand for Crude oil remains strong: U.S. retail sales recorded a monthly rate of 0.7% in September, exceeding expectations of 0.3%, growing for six consecutive months. Strong consumer spending power suggests crude oil demand remains supportive. 
• Crude oil production may increase: Saudi Aramco claimed that it can increase production within a few weeks if necessary. This is a factor affecting crude oil price fluctuations in the short term. However, on the basis of strong demand, oil prices still surged after the market digested this news. 
• The Israeli-Palestinian conflict has not ceased: On the eve of Biden’s visit to Palestine, the Israeli military air raided hospitals in the Gaza Strip, killing more than 500 people. The Israeli military denied this. The market is weighing the possibility of expanding conflicts in the Middle East, and risk aversion still supports oil prices. 

Brent Oil Technical Analysis 

Brent Oil Daily Chart Insights

• Price Action: After two trading days oscillating, the price was blocked by the 33-day moving average (black) and closed with a pin bar. The final closing price also stood above the 5-day moving average (green). The short-term adjustment of the market may have already finished. 
• Stochastic Oscillator: The price still has not broken through last Friday’s high. The stochastic indicator are very fragile. Bulls have the motivation to break through the previous high. Otherwise, the market will fall into a longer period of correction.  

Brent Oil 1-hour Chart Analysis

• Alternative trend lines: Ultima Markets has previously shared the use of alternative trend lines. Such a structure has appeared on the 1-hour cycle of crude oil. The rapid rise stepped back on the alternative trend line (red), and the price stepped back on it again yesterday. At the same time, a pin bar appeared. The subsequent upward trend suggested that the adjustment has ended. 
• The key resistance level: $90.8 is an important resistance level for crude oil. It is also the neckline of the top structure. It suggested that the bulls were beginning to gain the upper hand. 
• Stochastic Oscillator: The technical indicator once again formed a golden cross.Bulls will maintain momentum until the indicator completely enters the overbought zone.  

Ultima Markets Pivot Indicator 

• According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 90.851, 
• Bullish Scenario: Bullish sentiment prevails above 90.851, first target 91.635, second target 92.638; 
• Bearish Outlook: In a bearish scenario below  90.851, first target 89.865, second target 89.072. 

Conclusion 

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Legal Documents 

Ultima Markets, a trading name of Ultima Markets Ltd, is authorized and regulated by the Financial Services Commission “FSC” of Mauritius as an Investment Dealer (Full-Service Dealer, excluding Underwriting) (license No. GB 23201593). The registered office address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius. 

Disclaimer

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.  

Copyright © 2023 Ultima Markets Ltd. All rights reserved. 

Comprehensive XAU/USD Analysis for October 13, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAU/USD for 17th October 2023. 

Key Takeaways 

• Market sentiment: The Palestinian-Israeli conflict is still ongoing, and the conflict may continue for a long time. As a result, short-term market risk appetite recovered, and gold prices fell slightly. 
• The probability of the Federal Reserve raising interest rates is reduced: Federal Reserve Board member Harker continues to be dovish, reiterating that the Federal Reserve should not consider further raising interest rates and that inflation is expected to weaken. The probability of not raising interest rates in November is over 90%, and the probability of raising interest rates in December is only 30%. 

XAU/USD Technical Analysis 

XAU/USD Weekly Chart Insights 

• Price action: The bar showed a bullish price action, but it still needs to wait for this week to break through last week’s high. 
• Stochastic Oscillator: The fast line has crossed the slow line, suggesting that the bulls are currently dominant. When entering the market, you need to wait patiently for the price to break through last week’s high. 

XAU/USD Daily Chart Analysis 

• Elliot Wave: The rapid rise since last Friday is temporarily regarded as motive wave 1, and the internal wave structure is obviously incomplete. This means that the market will continue its upward trend after short-term adjustments. The target looks towards the end point of the double zigzag wave X, which is the key price level. 
• Joint resistance area: In addition to the double-zigzag wave, the early neckline extension will also be near the price. It needs to wait for the market to completely break through this resistance range. At that time, short-term long positions may be closed and exited near this price. 
• Stochastic oscillator: Technical indicators have just entered the overbought zone, and the market’s bull momentum is still very strong. You need to switch to a smaller period chart and pay attention to the opportunity to enter the market at any time. 

Ultima Markets Pivot Indicator 

• According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 1919.52, 
• Bullish Scenario: Bullish sentiment prevails above 1919.52, first target 1930.51, second target 1941.23; 
• Bearish Outlook: In a bearish scenario below 1919.52, first target 1908.93, second target 1897.81. 

Conclusion 

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Legal Documents 

Ultima Markets, a trading name of Ultima Markets Ltd, is authorized and regulated by the Financial Services Commission “FSC” of Mauritius as an Investment Dealer (Full-Service Dealer, excluding Underwriting) (license No. GB 23201593). The registered office address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius. 

Disclaimer   

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.  

Copyright © 2023 Ultima Markets Ltd. All rights reserved. 

Comprehensive EUR/NZD Analysis for October 13, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EUR/NZD for 13th October 2023. 

U.S. CPI Rose: U.S. CPI rose for the second consecutive month in…..

Key Takeaways 

EUR/NZD Technical Analysis 

EUR/NZD Daily Chart Insights

• Price action: The price finally breakthrough pin bar above. As analyzed on Wednesday, the market will most likely start a bullish trend this week, and is about to form a “W-shaped” bottom structure. 
• Moving average: From the perspective of moving average technical indicators, the exchange rate was eventually blocked and rebounded on the 240-day moving average. The 33-day and 63-day moving average is near the resistance area of 1.78238. There is a certain probability that the exchange rate will be blocked and adjusted today. 

EUR/NZD 4-Hour Chart Analysis

• Stochastic Oscillator: Technical indicators show that the market has been seriously overbought, and the market has strong motivation to adjust. 
• Moving average: Above the price is the 200-period moving average. Similar to the daily chart, the combined resistance area will suppress the exchange rate from rising further. 
• Elliot Wave: The rapid rise since yesterday is currently judged to be motive wave 3. After the correction, the exchange rate has a certain probability of stepping back on the upper edge of the upward channel. It is also the moving average support level in the 65 and 33 period areas. 

Pivot Indicator

• According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 1.77224, 
• Bullish Scenario: Bullish sentiment prevails above 1.77224, the first target is 1.78287, the second target is 1.78902. 
• Bearish Outlook: In a bearish scenario below 1.77224, first target 1.76614, second target 1.75563. 

Conclusion

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Legal Documents 

Ultima Markets, a trading name of Ultima Markets Ltd, is authorized and regulated by the Financial Services Commission “FSC” of Mauritius as an Investment Dealer (Full-Service Dealer, excluding Underwriting) (license No. GB 23201593). The registered office address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius. 

Disclaimer   

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.  

Copyright © 2023 Ultima Markets Ltd. All rights reserved. 

Comprehensive Brent Oil Analysis for October 12, 2023

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the Brent Oil (UKOUSD) for 12th October 2023. 

Key Takeaways 

• Dovish speeches : Federal Reserve Board Governor Waller and Atlanta Fed President Bostic have continued their recent dovish stances. The market is betting that the probability of raising interest rates in November is less than 9%. 
• The reduction agreement may be extended: Putin said that the OPEC+ (production reduction) agreement is likely to be extended, and further measures may be taken next year to stabilize the market. 
• API inventories surge: U.S. API crude oil inventories increased by nearly 13 million barrels last week, the largest increase since January. As supply concerns subside and API crude oil inventories increase significantly, U.S. and Brent oil prices fell in the short term. 

Technical Analysis In Brent Oil Trading Chart

Brent Oil Daily Chart Insights

• Stochastic Oscillator: The indicator has a downward trend today, but it has not yet clearly formed a “dead cross”. We need to wait for confirmation of today’s oil price trend. 
• Price Action:  The price gap below is a common potential support price. The market will have a certain probability of rebounding and rising. 
• Moving average: The price that jumped in the early stage fell after being blocked by the 33-day moving average, and the first target below is the 240-day moving average. This price overlaps with the price gap, so the decline today is temporarily judged as an adjustment.  On the contrary, only after falling below the low price of October 6 can it be confirmed that crude oil prices will continue to follow a long-term short trend.

Brent Oil 1-Hour Chart Analysis

• Fibonacci price: Temporarily judge that the current downward trend is the adjustment structure of the previous upward trend. It can be seen from the Fibonacci retracement line (black) and Fibonacci extension level (red) that it has reached 61.8. % callback and 100% proportional expansion position, the market has a certain probability of support. If it continues to break down, the market will look toward the 78.6% correction and 138.2% proportional expansion. 
• Stochastic Oscillator: The indicator went down again during today’s Asian trading session. Wait for the “golden cross” to appear in the oversold area to confirm the arrival of the bull trend. 

Brent Oil Pivot Indicator

According to the pivot indicator in Ultima Markets MT4, the central price of the day is established at 87.055, 

• Bullish Scenario: Bullish sentiment prevails above 87.055, first target is 87.978, second target is 89.880. 
• Bearish Outlook: In a bearish scenario below 87.055, first target 85.152, second target 84.229. 

Conclusion for Brent Oil Analysis

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Legal Documents 

Ultima Markets, a trading name of Ultima Markets Ltd, is authorized and regulated by the Financial Services Commission “FSC” of Mauritius as an Investment Dealer (Full-Service Dealer, excluding Underwriting) (license No. GB 23201593). The registered office address: 2nd Floor, The Catalyst, 40 Silicon Avenue, Ebene Cybercity, 72201, Mauritius. 

Disclaimer

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.  

Copyright © 2023 Ultima Markets Ltd. All rights reserved.