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 (May 16)

Tatyana Norkina, FBS analyst

Daily. Last week bulls failed to push above 102.20 (the level formed by Tenkan and Kijun sen lines). Bounce from thos resistance accelerated the decline towards the 101.40 support. Bears are expected to raise pressure next week.

Chart. Daily USD/JPY

H4. Seelers pulled the pair below the Ichimoku. The Cloud widened to the downside, while Tenkan and Kijun lines formed a dead cross. In the near term we expect the par to renew the local minimums. 

Chart. H4 USD/JPY

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