Comments on: AUD/USD outlook, August 19th: Consolidation before more gains https://fxww.com/audusd-outlook-august-19th-consolidation-before-more-gains/ The Professional Source Sun, 18 Aug 2013 23:15:22 +0000 hourly 1 By: James https://fxww.com/audusd-outlook-august-19th-consolidation-before-more-gains/#comment-27117 Sun, 18 Aug 2013 23:15:22 +0000 http://381c099c8f.nxcli.net/?p=10203#comment-27117 Australian terms of trade has turned very bullish on AUD in recent weeks as iron ore prices and PM move higher while manufactured goods prices continue to falter. For a chart click my name above and scroll down to see blog post. (Source from Inside Business ABC TV1)

]]> By: Sean Lee https://fxww.com/audusd-outlook-august-19th-consolidation-before-more-gains/#comment-27110 Sun, 18 Aug 2013 22:15:05 +0000 http://381c099c8f.nxcli.net/?p=10203#comment-27110 Excellent, thanks vm Ulas, I don’t pay enough attention to some of these crosses

]]> By: ulas https://fxww.com/audusd-outlook-august-19th-consolidation-before-more-gains/#comment-27099 Sun, 18 Aug 2013 21:14:09 +0000 http://381c099c8f.nxcli.net/?p=10203#comment-27099 hi Sean, not a force driving AUD but AUDCAD has made an interesting breakout on friday. a clear down trendline on daily chart is broken. also this pair closed confidently above 20 ema for the first time since mid-April

on the fundamental side weak jobs and manufacturing sales data are troublesome for CAD.

anyway, if AUD squeeze is on its way IMHO this is a great pair to play it. i went long last week and as long as it stays above 0.9380 technicals look good.

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