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.

EURUSD: weekly review (12/12)

 Tatiana Norkina, FBS analyst

Daily. Over the past week the pair has been corrected to the 25th figure. These levels are slightly above the horizontal line Kijun-sen, so the bulls so far failed to break through resistance. By the end of the week rate has been fixed inside the Tenkan-Kijun channel and, obviously, the bulls may try to go on the offensive in the direction of cloud.

Short-term bullish attitude of participants is confirmed by oscillators, which have been growing all week.

Graph. Daily EUR/USD

H4. There was an attempt to output prices in the positive area at the four-hour timeframe, but the upper limit forced to stop buying. As a result, the pair returned to the support line Kijun-Sen and Senkou Span A.

At the same time performance of bulls does not subside. On the contrary, there's another noticeable movement in the direction of the upper limit of the Ichimoku cloud. As a result of the breakdown, this pair can jump to the area of 1.2550.

Graph. H4 EUR/USD

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