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 recomendation for EUR/USD

      Tatyana Norkina, FBS analyst

The recent recovery into the 1.3440 zone is seen as corrective. 

Ichimoku. The cloud gives out contradictory signals on different timeframes. The H4 Ichimoku remains bearish, but Tenkan and Kijun sen crossed, cancelling the dead cross. However, the new golden cross is still very week and could be broken by the bears in the near future. 

On the hourly timeframe the picture turned bearish. Cloud has become bearish, while Tenkan and Kijun formed a golden cross. If the price holds above 1.3420, bulls will be able to recover to 1.3450. 

Technical levels: support – 1.3385, 1.3400, 1.3420; resistance – 1.3435, 1.3450.

Trade recommendations:

1. Sell — 1.3450; SL — 1.3470; TP1 — 1.3400; TP2 — 1.3385.

2. Sell — 1.3420; SL — 1.3440; TP1 — 1.3400; TP2 — 1.3385.

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