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 keeps growing

 Tatiana Norkina, FBS analyst

The single European currency keeps strengthening against its major rival - the US dollar. This morning, the pair was already testing the 15th figure, having skyrocketed by almost 150 pips from the Friday's close level.

All lines of the four-hour Ichimoku indicator have reacted accordingly, following the prices and reaching upwards. So far, the cloud is bullish and the golden cross is relevant. The bullish sentiment is obvious to remain further on, but it might be qutie risky to buy under such circumstances as the Chinkou Span line will be in the zone of overboughtness soon.

Technical levels: support – 1.1300; resistance – 1.1500.

Trade recommendations: out of market.

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