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.

USDJPY: Ichimoku analysis (May 23)

Tatiana Norkina, FBS analyst

Daily. Break above the 101.40 support and the price decline below the February lows (100.80) – this is how the last week's intigue of USD/JPY resolved. Right after that the pair recovered back to the recent levels and is now trying to fix above 101.40. We may retest the 102.00 figure. However, no one canceled the bearish trend that is confimed by the indicator's lines. Cloud remains bearish, while the dead cross is active. 

Chart. Daily USD/JPY

H4. Buyer's activity brought the pair to the lower border of the Cloud. Senkou Span A remains resistive and doesn't let the bulls rise above the 101.70-101.80 mark. The pair could decline towards the golden cross, and then extend growth to 102.00.

Chart. H4 USD/JPY

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