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 recommendations for EUR / JPY


Tatiana Norkina, an analyst at FBS

A repeated attack of the bulls for 136.00 figure failed again.  This is the final time it happened. During the morning trade the pair broke below 135.80 support and formed a new local minimum at 134.10.

The bulls are trying to regain the lost ground but rising above 135.20 / 30 won’t be easy for them.

Bollinger indicator shows the development of  bearish trend. Oscillators are also tuned the same way and are moving in a downward direction. That’s why shorts will be relevant again in resistance 135.00 / 135.20 today.

Technical levels: Support - 134.60, 133.35; resistance - 135.00, 135.80.

Trading recommendations:

1. Sell - 135.20 / 30; SL - 135.80; TP1 - 133.35.

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