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Tatyana graduated from Bashkir State University with the major of Applied Mathematics and IT. She used to work as a system analyst in a large IT company. Entered the financial markets in 2008. Her trading system is based on classical technical analysis, Ichimoku indicator and the elements of fundamental analysis. Tatyana is very dedicated to her family and children. In her free time she enjoys rising a bicycle.

USD/JPY: Ichimoku analysis (Feb. 28)

Daily. Bears are increasing pressure on the market. During the past week the pair failed to break above resistance line provided by Kijun-sen. The prices returned to the lower border of the Ichimoku Cloud. By the end of the week the pair breached this support. Note that Kijun-sen went dramatically down. In the near term the downtrend is likely to resume. The Ichimoku Cloud is bearish as well – SSA turned down.

Chart. Daily USD/JPY

H4. At H4 the pair failed to hold above the Cloud and slid to the negative area in the second half of the week. Although the Cloud is bullish, all lines of the Indicator are set to decline. So, next week the prices will finally settle under the Cloud and selling will resume.

Chart. H4 USD/JPY

JPY
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