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 still weak

 Tatiana Norkina, FBS analyst

EURUSD started the new trading week quit sluggishly, consolidating under the horizontal Tenkan-Sen and Kijun-sen lines on the four-hour timeframe. The bulls have tried to break through the 12th figure this morning, but failed so far. Obviously, the bearish sentiment is stronger in the market - the Ichimoku cloud is negative. Therefore, we will expect the downtrend resumption from the current levels.

Technical levels: support – 1.1100; resistance – 1.1200.

Trade recommendations:

1. Sell — 1.1180; SL — 1.1200; TP1 — 1.1100; TP2 — 1.1030.

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