The price forms a symmetrical triangle and the price is ready to break out now.
If price collapses through the support line, the resulting move could predict a move down.
AUD/USD pulls back towards 0.668 on a breakout of the symmetrical triangle as AUD/USD becomes weak.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Sep 20
It seems like an ascending channel has been recognized and the price requires a further move as a clue of a breakout.
An ascending channel denotes a useful bearish chart pattern that is used to predict price heading to a new direction in case if price breaks out to the the downside.
It is not ruled out that a bearish continuation towards 0.644 will happen as the currency pair sticks to the negative mood.
AUD/USD: Descending Triangle
AUD/USD,
1 hour
LONG
Nov 24
It looks like a descending triangle develops and the price lacks a steady bullish continuation as a clue of a breakout.
A descending triangle is believed to be a specific bullish signal that is used to spot the bears have run out of steam in case if price breaks above resistance.
AUD/USD to peak towards 0.6575.
AUD/USD: Pennant
AUD/USD,
1 hour
LONG
Aug 21
A pennant is almost completed and the price calls for a next move as evidence of a breakout.
A pennant spots a further move up when price breaks out to the the upside.
AUD/USD challenges a move to 0.642 amid the currency pair reclaims part of the ground lost.
AUD/USD: Descending Channel
AUD/USD,
1 hour
LONG
Aug 4
A descending channel takes place.
A descending channel depicts a specific pattern that can be used to signal price heading to a new direction once price breaks above resistance.
AUD/USD to jump to 0.658 on a breakout of the descending channel as bullish momentum increases.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Aug 24
An ascending channel is distinguished and AUD/USD wants a more move as a clue of a breakout.
An ascending channel is considered to be a bearish price pattern that is angled up that identifies the more likely potential of falling prices if price breaks out.
AUD/USD risks a move towards the 0.64 level on a breach of 0.642.
AUD/USD: Falling Wedge
AUD/USD,
1 hour
LONG
Sep 19
It looks like a falling wedge is close to being complete, the price breaks out.
A falling wedge often results in a pause in a downtrending market when price breaks through the resistance.
AUD/USD looks north to the 0.645 zone.
AUD/USD: Pennant
AUD/USD,
1 hour
LONG
31 hours ago
The price establishes a pennant and the price is about to break out soon.
If price breaks above resistance, the resulting move could identify extending an uptrend.
There is a possibility of a move to 0.664 on a break above 0.663.
AUD/USD: Ascending Channel
AUD/USD,
1 hour
SHORT
Feb 26
We can see that an ascending channel occurs, the price demands a more correction to confirm a breakdown.
An ascending channel describes an indicator that can be used to spot an extension in the downward direction when price breaks out.
It is not ruled out that a move towards 0.655 will happen amid AUD/USD recedes from tops.
AUD/USD: Bearish Flag
AUD/USD,
1 hour
SHORT
Nov 14
The price builds a bearish flag.
A bearish flag signals a sharp decline in case if price breaks through the support.
AUD/USD risks further decline towards the 0.637 mark while below 0.6374 as upside pressure alleviates.
AUD/USD: Ascending Triangle
AUD/USD,
1 day
SHORT
Jul 29
An ascending triangle has been diagnosed and the price lacks strong push down for the certainty of breakdown.
If price collapses through the support line, the resulting move could spot an upward trend is about to reverse into an downward trend.
AUD/USD to drop to the 0.665 zone on a break below 0.666.
AUD/USD: Ascending Triangle
AUD/USD,
1 hour
SHORT
May 16
We can see that AUD/USD shows an ascending triangle.
An ascending triangle is a specific chart indicator that signals extending an downtrend once price breaks through the support.
AUD/USD targets a move towards the 0.667 mark.
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AUD/USD