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.

FBS: trading on EUR/USD

Tatyana Norkina, FBS analyst

EUR/USD found support around 1.3500, though it touched 1.3490 by the end of the past week. These levels have a significant impact to the FX traders and can inspire the bulls for entering the market. That's why the pair rocketed to 1.3550 early in the morning.

Ichimoku. However, there is a strong resistance at 1.3560/1.3560. Recovery to the upper boundary of the Cloud (1.3565/1.3575) may face some problems.

Ichimoku on H1 and H4 charts is clearly bearish. However, one may notice bulls waking up on the hourly chart: Tenkan and Kijun lines formed a golden cross here. If the pair holds above 1.3510/1.3520, bulls will push higher.

Technical levels: support – 1.3510, 1.3520; resistance – 1.3550, 1.3575.

Trade signals:

1. Buy — 1.3510/1.3520; SL — 1.3490; TP1 — 1. 3550; TP2 — 1. 3575.

2. Sell — 1.3575; SL — 1.3590; TP1 — 1.3510.

Scroll to top