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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: weekly Ichimoku analysis

  Tatyana Norkina, FBS

Daily. The pair recovered into the 101.80 at the beginning of the previous week. However, Tenkan and Kijun lines formed a strong resistance, limiting the upside. By the end of the week the market slipped into the 101.00 area. Further bearish movement is likely as the sellers have a big advantage: the Cloud is widening.

Chart. Daily USD/JPY

H4. Tenkan and Kijun lines moved to the downside, pointing to a strong bearish sentiment on the market. It will be hard for the bulls to break above 101.40.

Chart. H4 USD/JPY

JPY
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