There is a falling wedge emerging and the price asks for a further bigger bullish impulse as a verification of a breakout.
A falling wedge signals price heading to a new direction once price breaks through the resistance.
There is a probability of a bullish push up to the 0.67 mark.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Mar 12
We can see that a descending channel is spotted and the price is close to breaking out now.
A descending channel provides a useful bullish price signal that typically indicates that the price to go up once price breaks through the resistance.
It is possible that a bullish push up to the 0.662 mark will happen on a breach of 0.6614 as downside pressure seen easing.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Nov 1
It looks like a descending channel emerges, AUD/USD wants a more bullish action as a verification of a breakout.
A descending channel suggests a formation that is angled down that often spots a bullish move if price breaks out to the the upside.
AUD/USD to extend its advance towards 0.635.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Oct 25
It looks like an ascending channel is almost finished and the price is breaking out.
An ascending channel can be thought of as a useful bearish price action signal that predicts an extension in the downward direction when price breaks out to the the downside.
AUD/USD is at risk of extending its slump to the 0.635 mark on a breach of 0.6355.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
LONG
Oct 4
An ascending triangle has been observed, the price asks for a next bigger bullish action as an indication of a breakout.
An ascending triangle identifies a chart signal that indicates that the price to go up when price breaks out to the the upside.
A further bullish move to 0.633 looks possible.
AUD/USD: Symmetrical Triangle
AUD/USD,
1 hour
LONG
Jun 30
It seems like the price develops a symmetrical triangle.
A symmetrical triangle is believed to be a specific chart indicator that is used to signal that prices are likely to keep rallying upward once price breaks through the resistance.
It is not ruled out that a bullish move towards the 0.664 mark will happen once beyond 0.6628 as the currency pair challenges 0.6628 hurdle.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Dec 19
A descending triangle is very close to being finished, AUD/USD asks for a further active move as evidence of a breakout.
A descending triangle tends to be a specific price pattern that typically results in a bullish price move in case if price breaks above resistance.
There is a probability of a bullish run towards the 0.673 zone.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
SHORT
Aug 31
An ascending triangle is almost done, the price demands a next move as proof of a breakdown.
An ascending triangle is considered to be a compelling chart indicator that is used to indicate an extension in the downward direction when price breaks through the support.
AUD/USD is bearish and en route towards 0.646 as bears looking for profit.
AUD/USD: Falling Wedge
AUD/USD,
1 day
LONG
Oct 11
There is a falling wedge uncovered, the price demands an active move for clear breakout confirmation.
A falling wedge tends to be a price action pattern that is angled down that is used to indicate a bullish price move once price breaks out to the the upside.
A move to 0.645 is going to happen.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Apr 3
A descending channel is almost completed, the price is breaking out.
A descending channel tends to be a technical bullish formation that has a downward slope that is used to spot that the price to go up once price breaks above resistance.
A bullish push up towards 0.67 is probable on a breakout of the descending channel as risk reversal sheds bearish bias.
AUD/USD: Descending Triangle
AUD/USD,
4 hours
LONG
Mar 6
There is a descending triangle taking place and the price needs a more bigger move to confirm descending triangle breakout.
A descending triangle denotes a formation that is angled down that is used to indicate the more likely potential of rising prices once price breaks out to the the upside.
There is a probability of a move to 0.654.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Aug 7
An ascending channel materializes, the price requires a further move to confirm a breakdown.
An ascending channel predicts prices are likely to keep falling downward in case if price breaks down.
There is a possibility of a bearish continuation to 0.654 while lower than 0.656.
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AUD/USD