FxWirePro: GBP/USD gains some upside momentum but still bearish 
FxWirePro: USD/CNY sees some bounce after yesterday's fall 
FxWirePro- Major Crypto levels and bias summary 
EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/JPY slips as yen firms after hot Japan's wholesale inflation data 
FxWirePro: USD/ZAR hits three-week high after hot U.S. PPI data 
Gold Loses Luster Amid Rising US Bond Yields, Iran Conflict; Sell on Rallies Advised 
EUR/USD Defies ECB Rate Hike to Reclaim 1.1600: Technical Setup Points to Buy-on-Dips Opportunity 
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD stays defensive ahead of key U.S. inflation data 
Add as a preferred source on Google
BCH/USD chart - Trading View
Exchange - Coinbase
Support: 284.16 (200-DMA); Resistance: 325.94 (21-EMA)
Technical Analysis: Bias Bearish
Bitcoin Cash has bounced off 200-DMA support on Thursday, bias remains bearish.
The pair has however failed to extend gains and has resumed weakness. Scope for re-test of 200-DMA.
BCH/USD has brushed aside 'Dragonfly Doji' formation on previous day's candle and was trading at 306.38, down 2.66% at 07:15 GMT.
Indicators are biased lower. Stochs and RSI show bearish momentum. Upside is capped at cloud and 55-EMA resistance.
That said, volatility is low. Decisive break below 200-DMA could change dynamics to plummet prices.
Next major support aligns at 243.03 (61.8% Fib). While, on the flipside, retrace above 55-EMA negates near-term bearishness.
