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.

Mar. 10: American Session

Tatiana Norkina, FBS analyst

American indices began the new week with decline. So, S&P500 is currently losing about 0.56%, and the DJIA - 0.64%. The dollar index is slightly up about +0.08 %. At the same time, the currency markets has a lull in the absence of important news events. The EUR/USD pair is consolidating around 1.3880 mark. USD/CHF recovered under the 0.8785 resistance. Outset observed on USD/JPY pair, which is now trading in the range of 103.00-103.30.

Strong movement today recorded on the currency pair GBP/USD, which fell to the recent support of 1.6620 as a result of corrective decline. If this level is not withstand the pressure of bears, it may drop to around 1.6540 mark in the short term.

USD/CAD pair is still holding above the 1.1100 figure, but the likelihood of correction to 1.1050 support is very high.

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