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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 trading inside cloud

 Tatiana Norkina, FBS analyst

EURUSD made its way into the four-hour cloud area yesterday, after the bulls failed to break through the Tenkan-Sen and Kijun-Sen lines resistance. The support formed by the cloud's lower border around 1.1010 was tested yesterday as well. So far, the level is retained by the bulls, however, the short-term trend is determined by the dead cross. Let us also note that at the current levels, the buyers' progress will be hindered by both the cloud's upper border and Tenkan-sen, in the ​​1.1070 area. And the 11th figure contains the Kijun-sen resistance. The bulls might attempt to move into the positive area today, but further trading is obvious to continue within the cloud.

Technical levels: support – 1.1000; resistance – 1.1070, 1.1100.

Trade recommendations: out of market.

EUR
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