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FX.co ★ Trader's diary for May 25, 2020

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Forex Analysis:::2020-05-25T11:10:03

Trader's diary for May 25, 2020

Oil:

Trader's diary for May 25, 2020

It can be seen that oil is at its highs since mid-April. This is inadequate to the foundation, since oil reserves are very large and market supply is higher than the demand. We are waiting for the fall.

EURUSD:

Trader's diary for May 25, 2020

Euro returned to the range where it will either break above 1.0915, or fall to 1.0850 and below.

You may keep purchases from 1.0855, stop at breakeven.

A breakthrough of 1.1000 is possible down to 1.0770.

Analyst InstaForex
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