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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 is remaining under cloud

 Tatiana Norkina, FBS analyst

EUR/USD is remaining in the negative area, under all lines of the four-hour Ichimoku cloud. Today's trading began again with a decline, indicating the apparent weakness of the bulls. The Ichimoku indicator is also supporting the bearish sentiment in the market. The Golden Cross formed by the Tenkan and Kijun lines is just about to come to naught, while the Ichimoku cloud has a fairly wide range, to dramatically change direction. Obviously, new sellers are likely to get to action today.

Technical levels: support – 1.0700; resistance – 1.0750.

Trade recommendations:

1. Sell — 1.0730; SL — 1.0750; TP1 — 1.0680; TP2 — 1.0650.

EUR
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