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.

EUR/USD: basing above the cloud

EUR/USD was consolidated in the area of 1.1350 yesterday. For bulls it is difficult to continue the currency pair recovery owing to its overboughtness – Chinkou Span still is in the corresponding area. Nevertheless, the four-hour Ichimoku  indicator has been completely rearranged by now. The Tenkan-sen and Kijun-sen lines have created new Golden Cross, and the cloud has changed its nature to an ascending one. Therefore, after possible correction deep into of the Tenkan-Kijun channel, we expect stepping up of new buyers.

Technical levels: support – 1.1350, 1.1310; resistance – 1.1370, 1.1400.

Trading recommendations:

1. Buy — 1.1310; SL — 1.1290; TP1 — 1.1400; TP2 — 1.1415.

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