FX.co ★ AUD/USD

Hello traders. Forex analytical review - AUDUSD. The market price of 0.65666 is below the Senkou Span A line at 0.65738, indicating a bullish support where the Ichimoku Cloud is present. The Senkou Span B line at 0.65571 is much stronger than Senkou Span A, acting as a defense for bullish interests, hence I am looking for a buying opportunity. Long positions will be cut if the cloud is breached, revealing the seller's intention to move downwards, potentially shifting the market sentiment towards selling. The Golden Cross formed by the intersection of the Tenkan-Sen line at 0.65776, above the Kijun-Sen line at 0.65667, indicates an upward market movement, discouraging selling considerations. Buy positions can be closed upon a reverse signal from the intersection indicating sales or a cloud breakout. I often close my positions at the end of the trading day as I trade intraday. I aim to take what the market offers, even a small profit is satisfying.