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.

USD/CHF: bulls look uncertain

Tatiana Norkina, FBS analyst

The market was dominated only by bearish sentiment from the beginning of the week. The couple corrected in the area of the upper boundary of the four-hour Ichimoku cloud, to the 96th figure, breaking the intermediate support line of Kijun-sen. The lines themselves  formed a dead cross  but we see that the cloud is adjusted to expand upwards further, and Kijun-Sen turned to the north. Perhaps this is a signal of the bulls’ coming closer.

Oscillators are currently moving in different directions at the moment. If the MACD shows the growth of bearish sentiment, the RSI is so far directed sideways.

Technical levels: support - 0.9580, 0.9600; resistance - 0.9640, 0.9660.

Trading recommendations:

1. Buy - 0.9590; SL - 0.9570; TP1 - 0.9660; TP2 - 0.9700.

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