Christian Borjon Valencia

Articles by Christian Borjon Valencia

USD/CHF Price Analysis: Golden cross loom, bulls hopeful target 0.9100


USD/CHF finds support at 0.9010, with buyers lifting pair to 0.9057 in late North American session.
‘Golden cross’ formation of 50-day moving average crossing above 200-day moving average opens door for bullish resumption.
Sellers must push prices below 0.9000 mark and reclaim latest cycle low at 0.8887 to maintain control.
The USD/CHF finds some support at around the 0.9010 area, though it failed to print a green day on Thursday after market participants speculated the Federal Reserve isn’t raising rates again. However, buyers entered the market late in the North American session and lifted the pair to current exchange rates at 0.9057, almost flat as the Asian

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