Forex in May: Greenback is getting stronger

It is too early to buy the EUR/USD, isn’t it?

The statistics provided by the governments is disappointing (for example, the data on the number of infected and died from the coronavirus). However, using statistics in Forex to build investment strategies is still rather efficient. The market situation in April has proved the trading systems based on the seasonal patterns of the G10 currencies to be successful. The sell positions on the EUR/CAD, EUR/NOK, USD/CAD, and the USD/NOK increased the deposit by 6.7%, and, if the trader had considered the quick rebound of the WTI after the crash below zero, the yield could have risen to…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>