Updated: May 27

GBPCHF analysis 27.05.2020

A false breakdown has formed. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator showed an exit from the overbought zone. Breaking through the support level of 1.1894 will result in the formation of a 1-2-3 descending pattern.

Trading recommendations:

Sell below 1.1894.

Stop loss: 1.1960.

Target levels: 1.1852; 1.1818; 1.1775.

USDCAD analysis 27.05.2020

The pair dropped below the strong support level of 1.3860, where it has been trading recently. The increase in crude oil prices amid the renewed economic activity as countries lift lockdowns supports the demand for risk assets and crude oil, while pressuring the US dollar.

Technical side:

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is in the oversold zone and moves horizontally. Stoch are trying to break out of the oversold zone.

Trading recommendations:

Sell the pair after it goes below 1.3755, with a likely fall to 1.3620.

Contact US
  • Facebook
  • YouTube
  • Instagram

+91 98607 89573

Important Links 
Terms & conditions
About Us
Privacy Policy 


Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, a level of experience and risk appetite.

Caution: Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognise that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.

© 2020 Monarchal Solutions | All rights  reserved