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 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.
AUD/USD: Ascending Triangle
AUD/USD,
1 day
SHORT
Apr 2
AUD/USD: Bearish Flag
AUD/USD,
1 hour
SHORT
Jun 27
We can see that a bearish flag is discovered.
A bearish flag denotes a signal that is used to indicate a sharp decline in case if price breakdown occurs.
AUD/USD risks potential downside towards 0.668 as outlook for AUD/USD stays negative.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
LONG
Aug 29
There is an ascending triangle detected and the price calls for a further move for the certainty of breakout.
An ascending triangle often identifies a bullish price action when price breaks through the resistance.
It is not ruled out that a bullish continuation to the 0.644 level will be made.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Sep 11
We can see that a descending triangle has been diagnosed, AUD/USD wants a further bigger bullish action as evidence of a breakout.
A descending triangle tends to be a technical bullish pattern that is used to identify a trend change to the upside if price breaks out.
AUD/USD violates bearish trendline to 0.666 as the currency pair loses bearish momentum.
AUD/USD: Bearish Flag
AUD/USD,
4 hours
SHORT
Mar 7
It seems like a bearish flag has been detected and the price expects push down to confirm bearish flag breakout.
A bearish flag is said to depict a reliable chart pattern that is angled up that typically indicates an extension in the downward direction in case if price breakdown occurs.
It is not ruled out that a move to 0.67 will occur as upside pressure mitigates.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Jul 12
It seems like a descending channel is close to completion and the price breaks out soon.
Once price breaks above resistance, the resulting move could spot a bullish move.
There is a chance of a bullish push up to 0.67.
AUD/USD: Bullish Flag
AUD/USD,
1 hour
LONG
Jun 24
A bullish flag is uncovered and AUD/USD calls for a next bigger bullish impulse as an information of a breakout.
If price breaks out to the the upside, the resulting move could signal that the price to go long.
AUD/USD to look for a further push towards the 0.667 level.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Jan 23
It seems like a descending triangle is very close to being finished, the price is going to break out.
A descending triangle is a technical bullish chart indicator that can be used to predict extending an uptrend once price breaks through the resistance.
AUD/USD is bullish and en route to the 0.628 level amid the currency pair recovers from recent lows.
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AUD/USD