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Forex Daily

AUD/USD Breakout Higher in Focus as Australian Unemployment Drops

The AUD/USD is attempting to break above key resistance again after Australian unemployment unexpectedly dropped. Aussie follow-through may have to wait for China 3Q GDP.

US Dollar Uptrend at Risk, Japanese Yen May Gain as Stocks Sink

The US Dollar may reverse the dominant uptrend from June after dismal US retail sales data. Ahead, the anti-risk Japanese Yen may gain as the Australian Dollar eyes jobs data.

Netflix Shares Soar After Earnings, But Will the Gains Last?

Netflix shares surged 10% after the close on Wednesday after the streaming-service announced it beat on earnings but missed analyst expectations on subscriber growth as competition closes in.

US Dollar Price Volatility Report: DXY Index Breaches 98.00

The DXY Index sank below the 98.00 price level as US Dollar weakness persists, which is jeopardizing the greenback's longstanding bullish trend.

Canadian Dollar Price Outlook: USD/CAD Plummets to Fresh Weekly Lows

The Canadian Dollar rallied for the second consecutive day taking USD/CAD towards near-term downtrend support. Here are the levels that matter on the Loonie charts.
 
 
 

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