Daily Market Forecast By Capitalcore

[Capitalcore]

Bitcoin USD Technical Analysis with Fundamental Drivers

The BTC/USD (Bitcoin vs US Dollar) pair—commonly known as Bitcoin or digital gold—tracks the value of the leading cryptocurrency against the US Dollar, making it a key instrument for daily chart technical and fundamental analysis and price action trading. From a BTC/USD fundamental analysis perspective, today’s focus is on major US releases such as ADP Non-Farm Employment, Retail Sales, PMI data, and speeches from FOMC members, all of which can significantly impact USD strength. Strong data and hawkish Fed signals could pressure BTC/USD lower due to tighter monetary conditions, while weaker data or dovish tones may support Bitcoin as risk appetite improves, making today’s macro events crucial for BTC/USD price action and volatility outlook.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
From a BTC/USD H4 technical analysis standpoint, the chart is moving within a bearish channel, indicating short-term downside pressure. Given the previous range between 76260.40 and 53673.23, price may continue toward support, though past behavior suggests a potential sharp bullish rebound after breakouts. The Moving Average (9) sits below the candles, signaling short-term bullish attempts, while the RSI (14) at 51.17 shows neutral momentum. Meanwhile, Williams %R (14) at -8.56 indicates near overbought conditions, suggesting a possible pullback, keeping BTC/USD price action analysis balanced between continuation and reversal scenarios.

•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]

USDJPY Price Action Signals More Weakness

USD/JPY, the US Dollar against the Japanese Yen, is one of the most important major forex pairs and is often nicknamed the Gopher. In today’s USD/JPY fundamental analysis, Japan’s Trade Statistics may be the more direct catalyst, as a stronger trade balance could support the yen and limit upside, while the US EIA crude inventories report is more likely to affect the pair indirectly through oil prices, sentiment, and broader US dollar movement.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h
On the USD/JPY H4 chart, after hitting 160.336, price started to move lower inside a gentle bearish channel, and although it later formed a higher low, that major peak still keeps USD/JPY price action exposed to further downside. Bollinger Bands 20 suggest volatility may narrow after price touched the upper band, Stochastic 14 1 3 at 86.30 and 90.63 signals overbought conditions, and RSI 14 at 58.15 shows some recovery strength but not enough to cancel the bearish H4 structure, so while the pair stays below channel resistance and under 160.336, the technical outlook still favors bearish continuation toward lower support levels.

•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