As we can see AUD/USD builds an ascending channel, the price expects a further move as a clue of a breakout.
An ascending channel is said to depict a specific bearish chart signal that identifies a bearish price action once price breaks out.
A further rangebound to 0.644 is about to happen on a breakout of the ascending channel as gains remain capped.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Nov 1
A descending channel comes out.
A descending channel predicts a breakout higher when price breaks out to the the upside.
AUD/USD points to the upside towards 0.637.
AUD/USD: Descending Channel
AUD/USD,
4 hours
LONG
Feb 15
There is a descending channel occuring, AUD/USD requires rise as an indication of a breakout.
Once price breaks through the resistance, the resulting move could signal a downward trend is about to reverse into an upnward trend.
It is possible that a bullish continuation to 0.654 will be made on a breach of 0.6525 as weakness seen overdone.
AUD/USD: Bullish Flag
AUD/USD,
1 hour
LONG
Sep 13
A bullish flag has been diagnosed, the price needs a next bigger bullish impulse to confirm a breakout.
A bullish flag predicts the more likely potential of rising prices if price breaks out.
A further bullish continuation to 0.644 is probable as door open for the continuation of the uptrend.
AUD/USD: Falling Wedge
AUD/USD,
4 hours
LONG
Mar 30
A falling wedge is close to completion, the price is close to breaking out now.
A falling wedge identifies a further move up if price breaks out to the the upside.
AUD/USD to have better chances of advancing to 0.672 as bulls lurking in demand zone.
AUD/USD: Bearish Flag
AUD/USD,
1 hour
SHORT
Sep 3
There is a bearish flag arising and the price is ready to break out.
A bearish flag provides a useful bearish price action signal that can be used to indicate a next move down when price collapses through the support line.
AUD/USD to fall towards the 0.677 mark on a breach of 0.6782.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
SHORT
May 22
An ascending triangle happens and the price asks for a next strong impulse down as an indication of a breakdown.
An ascending triangle suggests a specific bearish signal that results in a bearish move in case if price breakdown occurs.
AUD/USD to increase bearish potential towards the 0.666 mark on a breach of 0.6666 as AUD/USD becomes under pressure.
AUD/USD: Ascending Channel
AUD/USD,
4 hours
SHORT
Jan 2
It looks like an ascending channel is discovered, the price is ready to break out.
An ascending channel is a compelling price signal that signals a bearish move if price breaks through the support.
A move towards 0.676 stays on the cards on a breach of 0.678 as the currency pair probes 0.678 hurdle.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Nov 14
There is a descending triangle poping up and AUD/USD demands a more strong move for the certainty of breakout.
A descending triangle results in extending an uptrend once price breaks above resistance.
It is possible that a further bullish run towards 0.638 will form while above 0.6376 as bullish momentum increases.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Nov 1
AUD/USD develops a descending channel, the price requires a bit more consolidation to confirm a breakout.
A descending channel describes a specific indicator that often indicates an interruption of a downtrend once price breaks through the resistance.
It is likely that a further bullish push up towards the 0.635 mark will be made.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Mar 10
It looks like a descending channel is discovered and the price calls for a more strong bullish continuation to confirm descending channel breakout.
A descending channel is said to depict a technical bullish price indicator that is used to signal a downward trend is nearing its end once price breaks out.
AUD/USD looks ready to further extend its gains to the 0.664 level on a breach of 0.663.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Jun 28
An ascending channel is close to being completed, the price is breaking out.
An ascending channel is said to depict a reliable pattern that is used to predict that the price to go short once price breaks out.
There is a probability of a bearish price action to the 0.668 mark.
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AUD/USD