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.

EUR/USD: weekly Ichimoku analysis

Tatyana Norkina, FBS analyst

Daily. Last week the pair traded inside of the Tenkan and Kujun-sen channel. The bulls managed to push the pair into the 1.3650 area. However, by the end of the week the pair had to return to the 1.3600 support. As a result, the market turned sideways. All the Ichimoku indicators are also lying flat. 

Chart. Daily EUR/USD

H4. The indicator is giving out contradictive signals. The Cloud still remains bullish and there is an active golden cross. However, by the end of the week the pair found itself below the Ichimoku. If the price fixes below the Cloud, the next bearish target will be seen at 1.3540.

Chart. H4 EUR/USD

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