There is an ascending channel materializing, the price is ready to break out.
An ascending channel typically results in the more likely potential of falling prices in case if price breaks out.
It is likely that corrective downside to the 0.675 level will occur on impulse below 0.676.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Jun 12
There is a descending channel turning up.
A descending channel describes a price pattern that is used to spot a next move up in case if price breaks out to the the upside.
A bullish continuation towards the 0.6615 mark is a possibility as bulls lurking in demand zone.
AUD/USD: Ascending Triangle
AUD/USD,
4 hours
SHORT
Jan 31
An ascending triangle is found.
An ascending triangle provides a specific chart formation that is used to spot the more likely potential of falling prices when price breaks out.
It is not ruled out that corrective downside to 0.656 will be made.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Sep 6
An ascending channel is close to being done, the price is about to break out.
An ascending channel is a bearish formation with an upward bias that is used to spot that the price to go down in case if price breaks through the support.
It is likely that a rangebound towards 0.6725 will be made while below 0.6728 amid rising bets for the move.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Dec 13
There is a descending triangle coming out, the price expects a next active move to confirm a breakout.
A descending triangle describes a bullish chart formation that is used to indicate that the price to go up when price breaks above resistance.
AUD/USD does not rule out a move to 0.658 on a breakout of the descending triangle as AUD/USD nears 0.6565 hurdle.
AUD/USD: Bullish Rectangle
AUD/USD,
1 hour
LONG
Sep 18
It seems like AUD/USD composes a bullish rectangle and AUD/USD lacks a further active bullish move as a sign of a breakout.
A bullish rectangle typically spots a bullish price move in case if price breaks out.
A bullish price action to 0.678 stays on the cards.
AUD/USD: Bearish Flag
AUD/USD,
1 hour
SHORT
Mar 18
There is a bearish flag occuring and the price is close to breaking out now.
A bearish flag indicates a sharp decline in case if price breakdown occurs.
AUD/USD risks extra losses towards 0.6555.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Mar 20
A descending channel is close to being complete, the price expects a more strong bullish move as a clue of a breakout.
A descending channel is a technical bullish price action signal that signals a pause in a downtrending market when price breaks out to the the upside.
It is likely that a rangebound to the 0.654 level will be made on a breakout of the descending channel amid rising bets for the move.
AUD/USD: Descending Channel
AUD/USD,
1 day
LONG
Nov 3
It seems like a descending channel has been detected.
A descending channel depicts a pattern with a downward bias that can be used to spot that the price to go up if price breaks above resistance.
AUD/USD to surge considerably towards 0.645 as the currency pair becomes bullish.
AUD/USD: Bearish Flag
AUD/USD,
1 hour
SHORT
Mar 26
There is a bearish flag arising and the price requires an active move as a clue of a breakdown.
If price breaks out to the the downside, the resulting move could indicate the bulls have run out of steam.
AUD/USD to prolong the corrective phase to the 0.653 mark.
AUD/USD: Ascending Triangle
AUD/USD,
1 day
SHORT
Apr 2
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Feb 13
There is an ascending channel developing and the price requires further bigger fall to confirm ascending channel breakout.
In case if price breaks down, the resulting move could spot a sharp decline.
It is possible that corrective downside towards the 0.652 zone will happen on a break below 0.6524.
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AUD/USD