Daily Market Forecast By Capitalcore

[Capitalcore]

EURUSD H4 Upward Trend Momentum

EURUSD, often called “Fiber,” is the most liquid forex pair on the planet, dominating daily chart technical and fundamental analysis discussions. Traders are keeping a close eye on upcoming FOMC speeches by Fed officials Thomas Barkin and Christopher Waller, as their comments could trigger fresh price action if they hint at tighter monetary policy. Meanwhile, the ECOFIN meeting in the Eurozone may influence the EUR’s outlook if any new economic support measures or budgetary directives are announced, potentially shifting the short-term bias for this major currency pair.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the EURUSD H4 chart, price action appears to have entered an upward trend after a relatively steady phase, reaching the 1.0 Fibonacci level and upper Bollinger Band before retreating back toward the middle band. Despite this pullback, the pair remains closer to the upper band and near the 0.786 Fibonacci retracement, suggesting bullish momentum is still in play. The MACD shows rising momentum, while the OHLC Volatility indicator signals increased price fluctuations, underscoring the market’s heightened sensitivity to both technical and fundamental developments.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

NZDUSD H4 Chart Indicators Overview

The NZDUSD currency pair, commonly known as the "Kiwi," pairs the New Zealand Dollar against the US Dollar, reflecting the economic relationship between New Zealand and the United States. Today, the NZD-USD daily chart technical and fundamental analysis highlights potential volatility driven by key economic events. Upcoming speeches by Federal Reserve officials, Patrick Harker and Raphael Bostic, will closely be watched for insights into future monetary policy direction, potentially affecting USD strength. Additionally, traders will monitor the release of the New York Manufacturing Index and the US Import Price Index, indicators crucial for gauging economic health and inflationary pressures. From New Zealand's side, data on the Food Price Index (FPI) and Global Dairy Trade (GDT) outcomes may influence the NZD, given their significance to inflation expectations and export income.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the NZD/USD H4 chart, the recent price action shows a strong bullish momentum, breaking the resistance level at 0.58260 convincingly with robust candles, suggesting continuation in the current uptrend. If price action begins correcting downward, potential retracement levels include the previously broken resistance at 0.58260, followed by support levels at 0.57270 and then 0.56624. The Parabolic SAR indicator aligns with this bullish sentiment, displaying dots below the candles, indicating upward momentum. The Relative Strength Index (RSI) suggests a bullish bias but is nearing overbought territory, signaling potential near-term exhaustion and the possibility of a corrective pullback. The Momentum oscillator supports the bullish trend but is starting to flatten, hinting at decreasing bullish momentum and cautioning traders to watch for possible reversals.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

USDCAD Price Action Bearish Trend Continues

The USD/CAD forex pair, often referred to by traders as the "Loonie," represents the exchange rate between the US Dollar and the Canadian Dollar. As a commodity-linked currency, the Canadian Dollar is heavily influenced by crude oil prices, while the US Dollar reacts to broader macroeconomic data and Fed policy. Together, this pair is highly sensitive to economic divergence and central bank developments.
Today’s economic calendar is packed with high-impact events that could shape the short-term outlook of the USDCAD daily chart. From the U.S. side, stronger-than-expected Retail Sales data (1.3% vs. 0.2% forecast) may provide a short-term bullish impulse to the greenback. However, disappointing figures in Industrial Production (-0.2% vs. 0.7%) and a slight dip in Capacity Utilization Rate could cap gains. More importantly, speeches from Fed Chair Powell and FOMC members later in the day could influence USD volatility significantly. On the Canadian front, the BOC Rate Statement and Monetary Policy Report, followed by the BOC Press Conference, will be key. With no rate change expected (2.75%), traders will focus on forward guidance. Hawkish signals may support CAD strength, adding pressure to USDCAD. In the broader context of price action and fundamental analysis, the balance of today's news favors high volatility with potential bearish continuation on the H4 chart if the BOC leans hawkish while the Fed remains cautious.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the 4-hour timeframe of the USDCAD chart, the recent market structure reflects a strong and sustained bearish trend, which emerged following a brief but noticeable bullish retracement. This upward correction, though short-lived, was met with heavy resistance, causing the price to stall and eventually resume its downward trajectory. After testing and rebounding from a key support zone around the 1.38300 mark, the pair made an attempt to regain higher levels. However, this move appears to have lost steam, and current candlestick behavior indicates a likely continuation of the broader bearish momentum. Looking at technical indicators, the Relative Strength Index (RSI) is currently sitting near 47, which is a neutral level that typically signals market indecision. This reading suggests that the pair lacks the bullish strength required for a meaningful reversal, as the RSI is neither oversold nor overbought. It remains caught in a range, offering little confirmation of bullish divergence. Simultaneously, the Moving Average Convergence Divergence (MACD) indicator paints a similar picture: the MACD line remains below the signal line, while the histogram bars are diminishing in size, further reinforcing the presence of bearish momentum and a lack of buying pressure. In terms of key price levels, the most immediate support lies at 1.39000, which has acted as a minor pivot point in recent sessions. Should selling pressure intensify—particularly in response to today’s fundamental developments favoring the Canadian Dollar—this level may come under renewed threat. A break below it could expose the next major support at 1.38250, a level that previously acted as a strong demand zone. On the flip side, short-term resistance is seen at 1.39800, with a more significant ceiling at 1.40000. Any bullish push toward these zones would need to be backed by strong economic catalysts or a notable shift in sentiment to disrupt the current bearish trend. Until such a move materializes, the overall bias on the USDCAD daily chart remains tilted toward further downside, supported by both price action and technical indicators.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

BTCUSD Daily Chart Analysis and Trading Opportunities

BTC/USD, commonly referred to as "Bitcoin," is one of the most actively traded cryptocurrency pairs in the forex and cryptocurrency markets. Known for its volatility, Bitcoin attracts traders focusing on price action, fundamental factors, and daily technical analysis. Today's fundamental outlook is particularly influenced by significant upcoming USD news events, including the Treasury International Capital (TIC) report, which reflects foreign investment flows into US securities, and speeches from FOMC members Jeffrey Schmid and Michael Barr, which may signal monetary policy shifts. Additionally, traders should closely watch initial jobless claims and housing sector data (building permits and housing starts), as these can heavily impact the strength of the USD, indirectly influencing BTC/USD movements. Generally, a more hawkish tone from FOMC speakers or positive economic indicators will strengthen the USD, potentially pressuring BTC/USD lower, whereas weaker US data could provide bullish support to Bitcoin.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the provided BTC/USD H4 chart reveals mixed signals. Although the overall longer-term trend remains bearish, recent price action has been trending upward within a bullish parallel channel. Currently, BTC/USD is navigating between the 0.786 and 0.618 Fibonacci retracement levels, closely aligned with the middle band of the Bollinger Bands, which are tightening, signaling a potential upcoming breakout or strong price movement. The MACD histogram shows decreased momentum and possible convergence, indicating weakening bullish pressure, and the Volatility OHLC indicator suggests decreasing volatility. Traders should closely monitor these indicators, as tightened Bollinger Bands alongside decreasing volatility and MACD convergence often precede substantial price movements, making the next sessions critical for BTC/USD price action.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

Daily JAP225 H4 Chart Analysis Before CPI Release

The JAP225, also known as the Nikkei 225 Index, is a leading benchmark for the Japanese equity market, often dubbed the "Nikkei." It tracks the performance of 225 top-rated companies listed on the Tokyo Stock Exchange, reflecting investor sentiment around the Japanese economy. As traders gear up for today's economic data, all eyes are on Japan's Consumer Price Index (CPI) excluding fresh food, a key inflation gauge. The upcoming release holds weight, as stronger-than-expected figures could strengthen the JPY, potentially creating downward pressure on the Nikkei due to increased speculation around future monetary tightening by the Bank of Japan. Investors should closely monitor this data as it may influence capital flows and short-term movements in JAP225 price action, especially if the actual CPI surpasses forecasts.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the JAP225 (Nikkei 225) H4 chart, the price appears to be making a bullish correction following a strong bearish trend, forming a rising channel. The chart shows the price action shifting from the lower half of the Bollinger Bands to the upper half, currently trading between the 0.382 Fibonacci retracement level (34,264) and the middle Bollinger Band, which is aligning closely with the 0.382 level — acting as a key pivot zone. Bollinger Bands are tightening, indicating a potential breakout in momentum. The MACD histogram is turning green with a narrowing signal line, suggesting the possibility of a bullish crossover. Additionally, the Williams %R is climbing toward the midpoint, moving out of oversold territory, further supporting short-term bullish sentiment. However, caution is warranted as price is still testing resistance levels, and the reaction to CPI news could determine the next leg in this recovery trend.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

GBPUSD Forex Trading Strategy with Key Technical Indicators

The GBP/USD forex pair, commonly known as "Cable," represents the exchange rate between the British Pound Sterling and the US Dollar. It is one of the most liquid and actively traded currency pairs globally. Fundamental analysis for GBPUSD today highlights key market-moving events related to the US Dollar: Chicago Federal Reserve President Austan Goolsbee's CNBC interview, which may provide insights into future monetary policy and interest rate directions, influencing USD strength. Additionally, the Conference Board Leading Indicators and the IMF meetings in Washington discussing global financial stability, monetary policies, and geopolitical risks could also impact USD volatility significantly, thus indirectly affecting the GBP-USD exchange rate through changes in market sentiment.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
The technical analysis of the GBP USD H4 chart shows the pair is trading within the upper half of the Bollinger Bands, close to the upper band, indicating bullish price action momentum. Price is currently hovering near the 0.236 Fibonacci retracement level, suggesting possible short-term resistance or continuation points. The latest fractal is an upward fractal, placed above recent candles, hinting at a potential bearish reversal signal, cautioning traders of a possible retracement. MACD indicator currently shows declining bullish momentum as histogram bars shrink, suggesting weakening buying pressure, while the Stochastic RSI is in the overbought region, which might indicate an upcoming corrective move downward.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

NZDUSD Price Action Signals Bullish Continuation

The NZD-USD, known commonly as the "Kiwi" pair, represents the forex exchange rate between the New Zealand dollar and the US dollar. Traders closely follow NZD/USD due to its sensitivity to commodity markets and the economic performance of New Zealand and the United States. Fundamentally, today's focus for NZDUSD traders revolves around New Zealand's Overseas Merchandise Trade balance, which directly influences currency demand; a positive trade balance (exports exceeding imports) typically strengthens the Kiwi. Conversely, significant volatility could emerge from the U.S. as Federal Reserve officials Philip Jefferson, Patrick Harker, and Neel Kashkari speak about economic mobility, monetary policy, and global economic outlook. Hawkish tones from Fed speakers usually favor USD strength, potentially adding bearish pressure on NZD/USD.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the NZD USD H4 chart, the pair has exhibited bullish price action since breaking the significant resistance level at 0.58260. After retesting this level successfully, the price continues creating higher highs and higher lows, confirming an ongoing bullish trend. The price action currently remains supported by the 9-period SMA, indicating sustained upward momentum. However, traders should remain cautious as the RSI is close to the overbought region, signaling potential short-term corrective moves or consolidation phases. The Momentum (MOM) oscillator suggests positive momentum persists but is slightly waning, hinting that traders should be alert for potential momentum shifts or pullbacks before further bullish continuation.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

AUDUSD H4 Fundamental Analysis and Price Action

The AUDUSD forex pair, also known as the Aussie, represents the exchange rate between the Australian dollar and the US dollar and ranks among the most traded currency crosses globally, favored by price action traders tracking commodity-linked flows. Known colloquially as the Aussie, AUDUSD routinely features in EURUSD daily chart technical analysis discussions due to its sensitivity to global risk sentiment. With today’s Flash Manufacturing PMI (52.1) and Flash Services PMI (51.6) for AUD at 2:00 am, FOMC member Waller speaking at 4:35 pm, US Flash Manufacturing PMI (49.0 vs. 50.2) and Flash Services PMI (52.8 vs. 54.4) at 4:45 pm, plus US Crude Oil Inventories at 5:30 pm, the fundamental backdrop suggests that resilient Australian PMI prints could support the Aussie, yet any hawkish tilt from Waller or a surprise draw in oil stocks may bolster the US dollar and reshape the EURUSD daily chart fundamental analysis.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the AUDUSD H4 chart technical analysis, the price line has recently surged through a bullish wave and now confronts a strong resistance level coinciding with the flat Span B of the Ichimoku cloud. While the price sits above the cloud—an overall bullish signal—the flat cloud resistance implies a barrier to further gains. Moreover, volume has declined during the ascent, indicating weakening market conviction in the rally and pointing to a high probability of a bearish wave forming. Traders should watch for price action rejection at this resistance zone to confirm a potential reversal.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

US500 Price Action Near Upper Band

The US500 CFD, more widely known as the S&P 500 Index and nicknamed “the Spoos” in futures pits, is the marquee gauge of U.S. equity performance and is quoted in forex platforms against the U.S. dollar. Heading into today’s session, sentiment hinges on a heavy U.S. macro docket: Cleveland Fed President Beth Hammack’s balance-sheet remarks, weekly Initial Jobless Claims, and the twin Durable Goods Orders prints will test the economy’s resilience, while Existing Home Sales, IMF meetings in Washington and the EIA’s natural-gas inventory update round out the risks. A hawkish tone from Hammack or upbeat orders data could strengthen the USD, lift Treasury yields and curb stock-market enthusiasm, whereas softer prints or dovish rhetoric may revive risk appetite—so traders should brace for volatility in US500 price action as technical and fundamental forces collide on the daily chart.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the H4 timeframe, the US500 remains in a short-term bullish trend: price punched through the mid-Bollinger Band, tagged the upper band near 5450, then pulled back with two modest red candles before today’s green bar reclaimed higher ground around 5420. The bands have started to widen, signalling expanding volatility, and the most recent fractal highs sit just above price, flagging nearby resistance. Beneath the candles, the MACD histogram has crossed back above zero and the signal lines are tilting positive, while RSI hovers at 60—bullish but shy of overbought territory. Collectively, this technical setup supports a cautiously constructive bias toward the 5500 area, provided the index holds above the 20-period moving average (mid-band) near 5310; a failure there would expose deeper retracement toward 5150.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

GOLDUSD H4 Bollinger Band Price Action Outlook

GOLDUSD —quoted on trading platforms as XAU / USD and nicknamed the “yellow metal”—tracks the value of one troy ounce of gold against the U.S. dollar, making it a premier barometer for global risk sentiment and dollar liquidity. Today’s fundamental landscape is dominated by three USD-centric events: Minneapolis Fed President Neel Kashkari’s Q&A, the final April University of Michigan consumer-sentiment and 1-year inflation-expectation releases, and wide-ranging IMF meetings in Washington. A hawkish tilt from Kashkari or stronger-than-forecast sentiment/inflation prints would likely firm Treasury yields and the greenback, pressuring XAU/USD; conversely, any dovish hints or soft data could revive safe-haven demand for gold ahead of weekend IMF headlines. Traders eyeing XAUUSD daily chart technical and fundamental analysis should therefore brace for headline-driven volatility in today’s price action.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the GOLD/USD H4 chart, price rebounded from the lower Bollinger Band near $3,280 after a swift pullback from the upper band record around $3,480. The latest candles show a mild bullish correction toward the 20-period middle band (~$3,350), which aligns with the rising 20-SMA and may act as immediate resistance. Momentum signals are stabilizing: the MACD histogram is contracting toward zero with its signal lines curling upward, hinting at a potential bullish crossover, while the RSI has recovered to 52, indicating improving—but still neutral—bullish momentum. A sustained close above the middle band and the recent swing high at $3,365 would expose the $3,420–$3,480 resistance zone; failure to clear that area could invite renewed selling back to $3,300 and the lower Bollinger Band. Watch how the upcoming USD news flow shapes this GOLD USD price action narrative on the four-hour timeframe.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

UK100 H4 faces key resistance test

The UK100, also commonly known as the FTSE 100 Index or "Footsie", is a benchmark index that represents the 100 largest companies listed on the London Stock Exchange. It is heavily influenced by both the GBP (British Pound) and global risk sentiment, making it a key player in UK100 daily chart technical and fundamental analysis as well as in broader price action studies. Today, fundamental factors center around the Confederation of British Industry’s (CBI) Distributive Trades Survey, a leading indicator of consumer spending. Should the CBI report a stronger-than-forecast sales level, it would bolster GBP strength and potentially weigh on the UK100, as a stronger currency often pressures export-heavy companies listed in the index. Conversely, a weaker result could weaken the pound and support the UK100 via improved exporter competitiveness. Traders should pay close attention to the actual release compared to forecasts, as surprises here can trigger volatility and sharp price action moves in UK100 daily chart technical analysis.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Turning to the UK100 H4 chart analysis, after breaking the uptrend line, the price reacted to the middle line of the Bollinger Bands and is currently heading toward the upper band and retesting the broken trend line, with a significant horizontal resistance at the 8482.38 level ahead. The Stochastic Oscillator shows a slight bearish crossover around the 70 zone, suggesting a potential loss of bullish momentum in the short term. Meanwhile, the RSI is sitting at around 63, indicating that the asset is not yet overbought but is approaching elevated levels. In the context of UK100 daily chart technical and fundamental analysis, if the price fails to break above the resistance and the broken trend line, a correction might be expected. Otherwise, a successful break could signal a continuation of the bullish price action.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

EUR/CHF H4 Chart Price Action Signals Bullish Reversal

The EUR-CHF, often referred to as the "Swissie," is a significant forex pair reflecting the economic relationship between the Eurozone and Switzerland. Traders frequently monitor this pair due to its reputation as a safe-haven currency pair, particularly during periods of market uncertainty. Fundamental analysis for today indicates potential volatility for EURCHF as multiple key economic data points from the Eurozone are due, including Consumer Sentiment, Consumer Price Index (CPI), Gross Domestic Product (GDP), Money Supply, and private sector loans. Positive results from these indicators, especially higher-than-forecast CPI and GDP, could bolster the Euro, indicating economic strength and leading to potential bullish momentum for EURCHF. Conversely, traders should closely monitor statements from Swiss National Bank (SNB) Vice-Chairman Antoine Martin, as a more hawkish stance may support CHF strength, creating downward pressure on the EURCHF.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
The EURCHF H4 technical analysis shows that the price has broken above a previous downtrend line and initiated a robust upward trend, now approaching its uptrend support line. The multiple divergences observed between the price action and the stochastic oscillator confirm the bullish strength of this new trend. If the EURCHF price retests the ascending support line, it is likely to find support and rebound rather than breaking below, given the bullish signals from divergence. Additionally, the Stochastic indicator is oversold and poised for a bullish reversal, reinforcing the expectation of price support at current levels. The Williams %R indicator also indicates an oversold market condition, suggesting potential bullish price action in the near term, aligning with the overall upward trend sentiment. The Bollinger Bands suggest a volatility contraction, which could precede a strong price breakout. Currently, the price is near the lower band, indicating potential support at this level. Additionally, the Parabolic SAR has shifted below the price, signaling bullish momentum and supporting the potential continuation of the upward trend.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

EURUSD Tests Key Resistance

The EURUSD forex pair, representing the exchange rate between the euro and US dollar, remains closely watched as traders assess recent economic developments and central bank signals. Currently trading near key resistance at 1.1420, EURUSD has gained roughly 10% since March due to rising fiscal spending in Germany and heightened global trade tensions, posing headwinds for Eurozone exporters. Conversely, the US dollar recently saw its worst monthly decline in two years, pressured by fears of stagflation and ongoing tariff concerns. Upcoming US economic data, alongside ECB monetary policy adjustments, will be critical in shaping near-term direction for EURUSD.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the EURUSD H4 chart technical analysis, the price has entered an extended period of consolidation, fluctuating within a significant support zone between approximately 1.13100 and 1.13000, clearly indicated by the Ichimoku cloud's lower boundary. Despite currently trading above the cloud—traditionally interpreted as bullish—the flatness of both the Span A and Span B lines within the cloud suggests weakening bullish momentum and reflects market indecision. The recent price action has struggled to establish clear directional momentum, repeatedly encountering resistance at intermediate levels. Additionally, trading volume has notably decreased throughout this sideways movement, underscoring diminishing market conviction and hinting at potential exhaustion among bullish traders. Given these indicators, there is an increasing probability that bearish pressure may strengthen, particularly if the price fails to sustain its current support. Traders should remain cautious and closely observe volume shifts alongside clear rejection or breakout patterns near the established support at around 1.13000 and the critical resistance zones at approximately 1.15000 and 1.15800 to determine the forthcoming directional bias.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

BTCUSD Riding Bullish Momentum on H4

BTCUSD, often referred to as “Digital Gold,” is a key bridge between the cryptocurrency market and traditional currencies, attracting both retail and institutional interest. In light of today’s USD labor-market releases—including Non-Farm Payrolls, Unemployment Rate, and Labor Inflation figures—BTCUSD daily chart technical and fundamental analysis suggests heightened volatility ahead as job creation, unemployment data, and factory orders can significantly influence USD strength, thus impacting BTC USD price action by either reinforcing the current bullish momentum or triggering profit-taking if the actual figures deviate from forecasts.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the H4 chart, BTCUSD appears to be riding a strong bullish trend, currently trading in the upper half of the Bollinger Bands near the upper band. Even though the bands were initially tight, they have slightly expanded, yet remain relatively narrow compared to previous periods. The upper Bollinger Band aligns with a key resistance level just above the 0.382 Fibonacci retracement, and price action has repeatedly tested and reacted to this zone without a decisive break so far. Nonetheless, buyers are still attempting to push BTC-USD higher, targeting new resistance levels if a breakout occurs. The MACD, RSI, and MACD histogram all lean toward continued bullish pressure, suggesting that if the price can overcome the upper Bollinger Band and this fib-based resistance, BTC/USD daily chart technical and fundamental analysis favors potential upside continuation in the near term.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

US500 Price Action Faces Key Resistance

The US500, commonly referred to as the S&P 500, is a key equity market index representing the performance of the top 500 publicly traded companies in the U.S. economy, making it a crucial indicator for investors worldwide. Fundamentally, today's market movements will be significantly influenced by critical U.S. economic data, particularly the Purchasing Managers' Index (PMI) reports from S&P Global and the Institute for Supply Management (ISM), along with the Federal Reserve’s quarterly lending report. An above-forecast PMI, indicative of robust growth in the service sectors, could positively affect investor sentiment, leading to increased buying pressure and potentially supporting further bullish price action. Conversely, signs of contraction in these reports could trigger bearish movements, increasing market volatility and downward pressure on the US500.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the US500 H4 technical chart reveals that after an extended upward trend, the price has recently hit resistance at the upper boundary of the Bollinger Bands. Price action is currently indicating a retracement towards the first significant support level represented by the ascending trend line. If this trend line fails to hold, price action could further decline towards the previously established support zone, marking a deeper correction. The Bollinger Bands indicate that the market is currently overextended to the upside, implying potential downward momentum. The RSI indicator is currently at 62, suggesting that while bullish sentiment still prevails, it is losing strength and hinting towards potential bearish divergence. The Stochastic Oscillator also signals overbought conditions, reinforcing the expectation of an imminent pullback or consolidation period.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

XAG/USD Forex Pair Analysis for Today's Trading Session

SILVER, often referred to by traders as "XAG/USD," pairs Silver against the US Dollar, combining a precious metal with a key fiat currency. Silver is notably sensitive to economic shifts, industrial demand, and currency movements, making it a crucial commodity for forex and commodity traders alike. Today's fundamental outlook centers around crucial upcoming US economic releases, including the US Trade Balance, RCM/TIPP Consumer Confidence, and Treasury Auction yields. A higher-than-expected trade balance number, indicating stronger exports, would strengthen the USD, thereby negatively impacting silver prices. Similarly, robust consumer confidence and stable or rising bond yields can also boost the USD, putting downward pressure on Silver prices.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the XAG/USD H4 chart provided, the price action reveals a clear pullback to a previously broken ascending trend line, indicating the beginning of a potential downtrend. Currently, the price sits at a critical support level of approximately 32.1, with pin bars signifying price instability in this area. The multiple recent Parabolic SAR dots positioned below the current price level suggest a short-term bullish correction or consolidation might be underway, potentially slowing down the downtrend momentum. The Stochastic oscillator shows signs of bullish divergence, hinting at weakening bearish momentum, while the %R indicator indicates an oversold scenario that may support a short-term reversal or a consolidation phase. Traders should closely watch these indicators and price action around the key support at 32.1 for further confirmations.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

UK100 Price Action and Technical Analysis Today

The UK100, commonly referred to as the FTSE 100, is a prominent financial instrument tracking the top 100 companies listed on the London Stock Exchange, reflecting economic health in the UK market. Known colloquially as "Footsie," the UK100 often reacts strongly to economic indicators and monetary policy decisions. Today's fundamental analysis highlights significant upcoming news including the RICS House Price Balance, HBOS HPI, and reports from the Bank of England. Positive outcomes from these reports, such as higher than forecast house price indexes and hawkish tones in monetary policy summaries and MPC minutes, could strengthen the GBP, reflecting positively on the UK100 by boosting investor confidence and attracting capital flows into UK equities. Investors should closely monitor these economic indicators for cues on future price movements and market sentiment.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the UK100H4 chart provided, the price is clearly exhibiting an upward trend, currently being supported by the middle Bollinger Band, suggesting potential continuation of the bullish momentum. The price action might soon retest and surpass the established upward trendline again. Additionally, the Stoch-RSI oscillator is showing a divergence, signaling potential weakening of the current bullish momentum and cautioning about possible corrective movements ahead. Bollinger Bands appear to be narrowing slightly, indicating a possible period of lower volatility or consolidation soon. The Parabolic SAR remains below the current candlesticks, supporting the ongoing bullish sentiment. Furthermore, %R is moderately placed, indicating there's still some buying potential left, though cautious optimism is advised given the divergence seen in Stoch-RSI. Traders should watch closely for the price action around the current support levels for confirmation of continued bullishness or signs of reversal.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

Price Action Signals for GBPUSD H4 Chart Today

The GBPUSD currency pair, commonly known as "Cable," is one of the most actively traded forex pairs globally, combining the British Pound Sterling (GBP) with the U.S. Dollar (USD). Today's upcoming fundamental news reveals critical monetary policy discussions from both sides. The Federal Reserve speakers, including Thomas Barkin and Adriana Kugler, are likely to hint at the future direction of U.S. monetary policy, potentially influencing USD strength. Additionally, inflation expectations and treasury budget reports will offer further insight into the U.S. economy's health. On the GBP side, Bank of England members Clare Lombardelli, Megan Greene, Catherine Mann, and Alan Taylor are scheduled to speak, with any hawkish signals potentially boosting the Pound's value significantly against the dollar.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the GBP/USD H4 chart, the price action currently exhibits bearish pressure. The red Ichimoku cloud positioned above the price candles indicates strong downward momentum, suggesting a bearish market sentiment. The latest candles approached the cloud’s lower boundary but faced resistance, notably failing to surpass the crucial 0.5 Fibonacci retracement level, confirming its strength as a robust resistance zone. Price has shown a corrective attempt upwards but now demonstrates renewed bearish intent, retreating from the 0.618 Fibonacci level and turning towards 0.786. The MACD histogram also signals bearishness, and the RSI remains below 50, indicating that sellers currently dominate market momentum. Traders should watch closely for today's economic news, which could create volatility and decisively influence the GBP USD trend direction in the short term.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

USD/JPY Technical Outlook and Price Action

The USD-JPY forex pair, commonly known as the "Gopher," represents the exchange rate between the US Dollar and the Japanese Yen, reflecting economic strength comparisons and central bank policies between the United States and Japan. Fundamental analysis for today highlights the upcoming key economic indicators for both USD and JPY, including the US NFIB Small Business Index and Consumer Price Index (CPI). Positive outcomes in these indices, particularly the Core CPI, can strengthen the USD by signaling potential Federal Reserve interest rate hikes to combat inflation. Conversely, Japan's monetary base and government bond auction results (JGB) will provide insight into the Bank of Japan’s monetary policy outlook, significantly impacting JPY strength or weakness against USD.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
The technical analysis of the USD/JPY H4 chart illustrates price action within an ascending channel, currently testing its upper boundary, indicating potential initiation of a corrective phase before the continuation of the prevailing bullish trend. The recently breached resistance at approximately 147.789 may now function as a support level, with the next possible correction target being the channel’s lower boundary around 145.000 to 146.000. The Parabolic SAR supports a bullish trend but hints at cautiousness given the proximity to the channel’s upper limit. Stochastic is displaying overbought conditions, suggesting an imminent price correction. The RSI indicator similarly confirms this scenario by being near the overbought zone, enhancing the likelihood of a short-term bearish retracement within the broader bullish trend.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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[Capitalcore]

S&P 500 Price Action and Technical Indicators Analysis

The US500, also known as the S&P 500, is a widely-followed index reflecting the performance of 500 major U.S. companies and serves as a benchmark for the overall health of the U.S. stock market. Today's fundamental analysis highlights significant upcoming events, including speeches from key Federal Reserve officials, particularly Chair Jerome Powell and San Francisco Fed President Mary Daly, whose comments often provide critical insights into future monetary policy direction. Important economic releases today, such as Retail Sales, Producer Price Index (PPI), and unemployment claims data, are closely monitored as they offer crucial signals regarding consumer spending trends, inflationary pressures, and overall economic health, potentially affecting volatility in the US500.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Technically, examining the 4-hour chart for the US500, we see a bullish price action sustained above the Ichimoku cloud, indicating strong upward momentum. The lower band of the Ichimoku green cloud is moving horizontally, aligning with the current resistance at the 0 Fibonacci retracement level. Recent candlestick formations have alternated between bullish and bearish, suggesting indecision at this resistance level as the price has yet to decisively break through the Fibonacci resistance. Additionally, technical indicators including MACD and its histogram exhibit decreasing bullish momentum, hinting at potential exhaustion. The RSI, hovering near overbought levels, and %R also suggest caution for traders, as the market might face a potential retracement or consolidation if bullish momentum weakens further.

• DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.

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