There is an ascending triangle emerging and AUD/USD asks for a more bearish continuation as an information of a breakout.
An ascending triangle provides a chart formation that indicates a bearish price move when price breaks below support.
There is a probability of a rangebound towards the 0.769 zone on a breach of 0.7705.
AUD/USD: Descending Triangle
AUD/USD,
4 hours
SHORT
Aug 17
There is a descending triangle occuring, the price requests a bigger bearish action as a sign of a breakdown.
A descending triangle depicts a compelling bearish indicator that often signals a further move down if price collapses through the support line.
There is a possibility of a further bearish continuation to 0.73 while lower than 0.731.
AUD/USD: Rising Wedge
AUD/USD,
1 hour
SHORT
Jun 11
There is a rising wedge happening and AUD/USD expects a more active move as an indication of a breakdown.
A rising wedge identifies a bearish chart signal that can be used to spot prices are likely to keep falling downward in case if price breaks below support.
AUD/USD embarks on a bearish correction to 0.773 as door open for a test of 0.773.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Aug 27
There is a descending channel poping up.
If price breaks out, the resulting move could signal a bullish move.
AUD/USD to maintain its positive tone to the 0.726 zone.
AUD/USD: Bearish Flag
AUD/USD,
4 hours
SHORT
Aug 16
There is a bearish flag spotted.
A bearish flag suggests a technical formation that can be used to spot reversals in uptrends in case if price collapses through the support line.
AUD/USD to move back towards the 0.732 level.
AUD/USD: Rising Wedge
AUD/USD,
1 hour
SHORT
6 days ago
There is a rising wedge developing, the price asks for an active move as proof of a breakdown.
A rising wedge provides a specific bearish price signal that results in a bearish price action when price breaks out.
AUD/USD to slump towards 0.735.
AUD/USD: Ascending Channel
AUD/USD,
1 day
SHORT
May 29
An ascending channel is close to being done, the price is going to break out.
An ascending channel denotes a specific bearish price action pattern that can be used to predict prices are likely to keep falling downward once price breaks through the support.
There is a probability of a bearish move towards the 0.765 level on a break below 0.772.
AUD/USD: Symmetrical Triangle
AUD/USD,
1 hour
SHORT
May 11
A symmetrical triangle is uncovered, the price is close to breaking out now.
A symmetrical triangle describes a specific indicator that is used to indicate that the price to go down if price breaks below support.
AUD/USD accelerates losses to the 0.782 level.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Aug 10
A descending channel is nearing completion and the price wants a further bigger bullish impulse for the certainty of breakout.
A descending channel represents a bullish chart pattern that can be used to predict that the price to go long when price breaks out to the the upside.
There is a chance of a bullish continuation to 0.735 once above 0.7346 as door open for the continuation of the uptrend.
AUD/USD: Bullish Flag
AUD/USD,
1 hour
LONG
Aug 27
The price builds a bullish flag, the price is ready to break out.
A bullish flag is believed to be a compelling signal that is used to identify a bullish move if price breaks out to the the upside.
AUD/USD to look for a further push to the 0.725 level on a breakout of the bullish flag.
AUD/USD: Pennant
AUD/USD,
1 hour
SHORT
Jul 28
There is a pennant found.
Once price breaks out, the move could spot the more likely potential of falling prices.
There is a probability of a move towards the 0.734 mark.
AUD/USD: Rising Wedge
AUD/USD,
1 hour
SHORT
May 4
There is a rising wedge turning up and the price asks for a move as proof of a breakout.
A rising wedge suggests an indicator that typically spots that the price to go down in case if price breaks out.
AUD/USD to suffer further downside to the 0.772 mark.
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AUD/USD