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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.

USDCHF: weekly review (12/12)

 Tatiana Norkina, FBS analyst

Daily. The currency pair has corrected to the support of the Kijun-sen line, after updating the annual extremes. A slow-down figure "high wave" has formed at the 0.9650/60 level, that may contain the bears' pressure. However, a break through this level will mean further development of a corrective rate decline into the area of the upper cloud border.

Oscillators are set to fall as well.

Chart. Daily USD/CHF

H4. On the 4-hour timeframes, trades have moved inside the Ichimoku cloud. The relevance of the dead cross and the narrowing range of the cloud allow to suggest that, in case the lower cloud border falis to hold the pair at the current levels, we might see the prices move into the negative zone and, possibly, the rate decreasing below the 96th figure already at the beginning of the next week.

Chart. H4 USD/CHF

CHF
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