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: Rectangle
AUD/USD,
1 hour
LONG
2 days ago
There is a rectangle noticed.
When price breaks through the resistance, the move could spot that the price to go long.
AUD/USD embarks on a bullish correction towards 0.649.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Mar 23
An ascending channel is encountered and AUD/USD demands a further strong impulse down as a clue of a breakout.
An ascending channel often indicates a countertrend succeeding the current trend in case if price breaks out to the the downside.
AUD/USD is at risk of extending its slump to 0.668.
Disclaimer.
No Investment Advice Provided.
Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice.
The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.
Patterns.cc will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Risk Disclosure.
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
AUD/USD