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

Daily. The currency pair found support slightly above the 1.3330 mark. Last week there were no significant changes - the pair traded in the 1.3330-1.3430 range. All the indicator lines were flat, confirming the sideways trend. At the same time, the Cloud remains bearish. Chinkou Span line is in the oversold zone. 

Chart. Daily EUR/USD

H4. On the H4 chart the price traded at the lower border of the Cloud. Bulls made several attempts to recover, but were capped by the Senkou Span A and Tenkan/Kijun lines. The major descending trend remains active. 

Chart. H4 EUR/USD

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