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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.

FBS: trade recommendation for USD/CHF

Tatiana Norkina, FBS analyst

The currency pair consolidated yesterday over support in the 0.9035/0.9040 area after it broke above the important resistance level in the area of ​​0.9020. Obviously, there’s potential for further growth in the near future.

Ichimoku indicator.
Indeed, the situation in both timeframes lets us talk about the power of bulls. Ichimoku configured very positively: Clouds are bullish, Golden Crosses are active. And on H1 golden cross was formed above the upper boundary of the Cloud, increasing the bullish signal.

On H4 mentioned resistance at 0.9060 is close, at which the consolidation or even short-term trend reversal may occur.

Technical levels: support - 0.9040; resistance - 0.9060.

Trading recommendations:

1. Buy - 0.9040; SL - 0.9020; TP1 - 0.9060; TP2 - 0.9080.

2. Sell - 0.9060; SL - 0.9075; TP1 - 0.9020; TP2 - 0.8990.

 

CHF
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