AUD/USD composes a descending triangle.
A descending triangle signals extending an downtrend when price breakdown occurs.
AUD/USD looks south to the 0.628 level.
AUD/USD: Falling Wedge
AUD/USD,
1 hour
LONG
Nov 17
The price creates a falling wedge.
A falling wedge is a bullish price action pattern that is angled down that is used to indicate a next move up once price breaks out.
It is not ruled out that a rangebound to 0.65 will occur.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Mar 16
A descending channel is close to completion, the price is about to break out.
A descending channel spots an interruption of a downtrend in case if price breaks out to the the upside.
AUD/USD violates bearish trendline towards the 0.666 zone on a break above 0.664.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Mar 23
It looks like an ascending channel is exposed.
An ascending channel depicts a compelling bearish chart formation that indicates a sharp decline in case if price collapses through the support line.
AUD/USD opens door for a move to the 0.668 level.
AUD/USD: Descending Channel
AUD/USD,
4 hours
LONG
Apr 13
There is a descending channel distinguished.
A descending channel signals an interruption of a downtrend in case if price breaks out.
AUD/USD to maintain its positive tone to the 0.672 zone.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Dec 4
It seems like the price develops an ascending channel, the price is about to break out soon.
An ascending channel typically predicts a change in the prevailing trend when price breaks through the support.
AUD/USD opens door for a move towards the 0.662 mark.
AUD/USD: Ascending Channel
AUD/USD,
4 hours
SHORT
Nov 30
It seems like the price forms an ascending channel, the price is ready to break out.
An ascending channel describes a technical indicator that typically signals a bullish-to-bearish trend reversal if price breaks below support.
AUD/USD could attempt a move to 0.66 as minor hurdle remains at 0.662.
AUD/USD: Rising Wedge
AUD/USD,
4 hours
SHORT
Nov 29
There is a rising wedge observed and the price breaks out.
In case if price collapses through the support line, the move could identify a bullish-to-bearish trend reversal.
AUD/USD could drop to the 0.655 level.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
LONG
34 hours ago
AUD/USD: Bullish Flag
AUD/USD,
1 hour
LONG
Jun 5
It seems like a bullish flag comes out and the price breaks out soon.
A bullish flag is a reliable price indicator that can be used to identify the more likely potential of rising prices if price breaks through the resistance.
AUD/USD to maintain its positive tone towards 0.662.
AUD/USD: Bearish Flag
AUD/USD,
1 hour
SHORT
Feb 28
We can see that a bearish flag takes place, AUD/USD asks for a next bigger move for the certainty of breakdown.
A bearish flag typically indicates that the price to go short once price breaks down.
AUD/USD to extend the correction lower towards 0.654 on a breach of 0.6544.
AUD/USD: Falling Wedge
AUD/USD,
1 hour
LONG
Oct 22
There is a falling wedge forming and AUD/USD calls for a more active impulse up as a clue of a breakout.
A falling wedge can be thought of as a useful price action pattern that is used to predict a next move up once price breaks out to the the upside.
It is possible that a further bullish push up towards 0.632 will take place as downside pressure mitigates.
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AUD/USD