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.

Capitalcore

 

[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.

Capitalcore

 

[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.

Capitalcore

 

[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.

Capitalcore