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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.

Euro strengthened significantly

 Tatiana Norkina, FBS analyst

The sharp weakening of the US dollar during yesterday's trading has had quite a strong effect on the technical picture. The four-hour situation on the Eurodollar is threatening to change for the bulls' benefit since the yesterday's rate growth resulted in the prices moving into the positive area. The Tenkan and Kijun lines are supporting the short-term upward trend with the formed golden cross. The Ichimoku cloud is gradually narrowing down.

The market consolidation above 1.1140 is obvious to serve as an additional signal for purchases during today's session as well. The next goal of the bulls could be the 1.1400 figure.

Technical levels: support – 1.1140; resistance – 1.1260, 1.1290, 1.1360.

Trade recommendations:

1. Buy — 1.1140/60; SL — 1.1120; TP1 — 1.1260; TP2 — 1.1360.

EUR
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