Skerdian Meta
Leading Analyst
CAD to USD Rate Stuck in a 100 Pip Range Ahead of Canada Inflation
The exchange rate of CAD to USD continues to consolidate in a 100-pip range, as it remains stuck between moving averages. Full Article
Where Is AUD Headed After the RBA Meeting?
The rate of AUD to USD has been declining since February 2021, when the price peaked just above 0.80 and the downtrend continues Full Article
Forex Signals Brief March 18: A Plethora of Central Banks Meetings
Today we had the BOJ and RBA meetings ahead of the CPI report from Canada in the US session Full Article
Gold Back Up at $2,160, Silver Price Struggling Above $25
XAU continues to show resilience with the price of Gold moving back up to $2,160, while the Silver price (XAG) is sticking just above $25 Full Article
Nvidia Stock Up and Down Before the New Chip Announcement
The Nvidia stock resumed the bullish momentum today after opening with a gap higher, but returned back down to the 20 SMA as stock market... Full Article
Will the FED Announce A June Rate Cut at the FOMC Meeting?
The FOMC meeting is the highlight of this week, with markets expecting the FED to announce the start of rate cuts soon. Full Article
S&P 500 and Nasdaq Resume Uptrend, European Stock Stagnate
Stock markets have seen one of the strongest rallies ever in the last two year, with S&P 500 and the Nasdaq index making new record highs Full Article
The 0.85 Support Holds for EUR/GBP After Eurozone CPI Inflation
The larger picture of EUR/GBP continues to show a bearish trend, as highs keep getting lower. However, the support zone at 0.85 is holding Full Article
Forex Signals Brief March 18: A Plethora of Central Banks Meetings
This week we have five central bank meetings, which will induce plenty of volatility in financial markets Full Article
An ECB Interest Rate Cut in March is A Done Deal
The bearish signals for the Euro are increasing, as the rate of EUR to USD declined last week, after three weeks of gains. Full Article
EUR to USD Uptrend Under Threat on ECB Interest Rate Cuts
The rate of EUR to USD has encountered significant resistance around 1.10 and now the ECB rate cut comments are weighing on EUR/USD Full Article
US Consumer Feels Weaker Despite Stronger Employment
The US consumer has been keeping the US economy afloat, even with inflation and rates surging but they're taking a toll on the US consumer Full Article
Buying the Dip in Gold Price Again, on High XAU Physical Demand
The Gold price has been making lower highs this week, but a support zone has formed above $2,150, where we we have bought XAU several times. Full Article
FED interest Rate Cut Odds Lower Despite Weaker US Data
In the last two days, the economic data from the US has been mostly weak, but the odds of FED interest rate cuts have declined, helping USD Full Article
S&P 500 Retreats as Risk Sentiment Remains Subdued
The main event for today was the People's Bank of China (PBoC) PBoC MLF decision, which has left the S&P 500 and other stock indices down. Full Article