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

Fix above 1.3110/1.3120 alowed the bulls to correct a little bit higher. However, they faced resistance at 1.3160 and were forced to resume the downside. 

Ichimoku. This can be easily seen from both timeframes. On the H4 - horizontal Kijun-sen, on the H1 - upper border of the Cloud. At the same time the market couldn't test the hourly Senkou Span B - this reflects buyers' weakness. Break below the 1.3140 support could provoke a new wave of sales with a target of 1.3080.

Technical levels: support – 1.3080, 1.3120; resistance –1.3160.

Trade recommendation:

1. Sell — 1.3140; SL — 1.3160; TP1 — 1.3080.

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