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.

June 4: American session

Tatiana Norkina, FBS analyst

Mixed statistics from the U.S. makes market participants cautious. Thus, preliminary ADP data on employment in non-agricultural sector totaled only 179 thousand, instead of the expected by analysts 210 thousand. This led to a drop in the dollar index to a level of 80.0. However, the index of business activity in the service sector ISM steadily grown to 56.3 (forecast growth - 55.5). This allowed to strengthen the dollar a little, which now adds about 0.10 %.

At the same time, stock markets opened lower. The DJIA lost 0.18% and the S&P500 - 0.05%.

Euro remains under pressure. After the formation of the daily high at 1.3638 area, the currency pair EUR/USD comes back to 1.3610. The pair GBP/USD has recovered to 1.6760 resistance, but the bulls cannot pass this level and the reduction is going down in the 1.6740 area. USD/CHF pair is trading at 0.8860/0.8850 yesterday’s minimums. But the bulls did not give up and restore the course to around 0.8970 mark. The currency pair USD/JPY entrenched over 102.50 and is trying to resume recovery.

Scroll to top