Daily Market Forecast By Capitalcore

EUR/USD Sensitive to Fundamentals and Technical Resistance

EUR/USD, the currency pair representing the Euro against the US Dollar, remains sensitive today to key economic indicators and central bank commentary from both sides of the Atlantic. From the US, market attention is focused on speeches by FOMC members Jefferson and Waller, whose remarks could provide crucial insights into the Federal Reserve’s monetary policy trajectory. Additionally, US Crude Oil Inventories came in line with expectations at -2.0 million barrels, maintaining pressure on oil prices and indirectly influencing inflation expectations and USD strength. On the European front, German Final CPI month-over-month met expectations at 0.4%, indicating stable inflationary pressures in Europe's largest economy. Meanwhile, remarks from Bundesbank President Nagel and outcomes from the German 30-year bond auction, yielding 2.90% versus the prior 1.7%, hint at evolving investor sentiment and economic outlook in the Eurozone. Overall, these developments, combined with cautious tones from both central banks, are likely to keep EUR/USD traders vigilant for further directional signals.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the EUR/USD H4 chart, the price is currently encountering significant resistance around the 1.1250–1.1300 area, a zone that previously acted as strong support and has now become a critical resistance level after the recent bearish breakout. A descending trendline further emphasizes bearish sentiment, suggesting potential downward pressure ahead. The RSI is gradually rising but remains below the neutral level of 50, indicating limited bullish strength at this moment. Simultaneously, the MACD histogram is shrinking with a potential bullish crossover on the horizon, signaling weakening bearish momentum. Traders should closely monitor the price reaction at the resistance area around 1.1300; a confirmed breakout above this level and the descending trendline could lead to renewed bullish momentum. However, a rejection here may reinforce bearish sentiment, pushing the pair towards recent lows.

• 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

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.

Capitalcore

Dow Jones Price Action Analysis and Trading Insights

US30, commonly known as Dow Jones or DJIA, is a significant index representing the top 30 industrial companies listed in the United States, acting as a crucial indicator of overall market health. Traders often refer to this index as "Wall Street 30". Today's fundamental analysis for US30 highlights critical economic events including Residential Building Permits, Housing Starts, Import Price Index, and Consumer Sentiment data from the University of Michigan, along with an important speech by Richmond Fed President Thomas Barkin. Stronger-than-expected building permits and housing starts can indicate robust economic growth and higher investor confidence, potentially driving bullish momentum in the US30. Simultaneously, improvements in import price data and higher consumer sentiment readings could reinforce expectations of sustained economic growth, further supporting an upward trend. Market participants will also closely monitor President Barkin's comments for clues about future monetary policy direction, which could introduce volatility into the market depending on the tone adopted.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the US30 Dow Jones H4 chart, the price is clearly in a bullish trend, moving between the 0.236 Fibonacci retracement level towards the critical 0 level, indicating a strong buying momentum. Price action is currently positioned above the Ichimoku green cloud, though the cloud has slightly narrowed, suggesting a minor reduction in bullish strength; however, the lower cloud boundary has flattened horizontally, offering solid support. The MACD indicator and its histogram are exhibiting bullish signals, with the MACD line remaining above the signal line and positive histogram bars gaining strength. Concurrently, the RSI indicator at 64.64 suggests room for continued upward movement before reaching an overbought zone. The Williams %R indicator positioned near -1.52 also confirms bullish sentiment, reflecting strong buying pressure.

• 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

UK100 Price Action Targets Crucial Fibonacci Resistance Level

The UK100, often called the FTSE 100 or simply "Footsie," represents the 100 most capitalized companies listed on the London Stock Exchange and serves as a key indicator of the UK's economic health, directly influencing the British Pound (GBP). Fundamental analysis today highlights significant events: public sector borrowing data from the Office for National Statistics and several high-profile speeches by BOE officials, including Deputy Governor Sarah Breeden and Chief Economist Huw Pill. Hawkish statements indicating possible monetary tightening and positive PMI data from manufacturing and services sectors would strengthen GBP, potentially boosting UK100. Conversely, a larger-than-expected budget deficit could create bearish pressure, raising caution among traders.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the provided UK100 H4 chart, price action indicates a steady bullish momentum, moving towards a crucial resistance near the previous high around 8865, which coincides with the critical 0.786 Fibonacci expansion level. A successful breakout could propel prices towards the next significant Fibonacci expansion at level 1, marking a stronger bullish run. Bollinger Bands currently display widening volatility, suggesting potential price acceleration. However, stochastic indicators are approaching the overbought area, hinting at a potential short-term pullback before resuming upward momentum, thus emphasizing caution and vigilance among traders.

• 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

GBP vs NZD Trading Opportunities Forecast

The British Pound versus the New Zealand Dollar (GBPNZD), also known among traders as the "Kiwi Cross," combines the strength of the British economy with the commodity-driven dynamics of New Zealand. Today's fundamental analysis for GBP/NZD is shaped by important economic indicators. For GBP, market participants await consumer confidence and retail sales data, essential for assessing economic health. A better-than-forecast reading would strengthen GBP due to increased consumer spending, boosting optimism and economic growth potential. For NZD, retail sales figures remain influential, with stronger-than-anticipated results supporting NZD as it indicates robust domestic economic activity.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the GBP NZD H4 chart, the currency pair is exhibiting a bullish price action trend, clearly moving within an ascending channel and consistently trading above the Ichimoku cloud, signaling strong bullish momentum. The Ichimoku cloud itself is green, trending upward, further supporting a bullish scenario. The recent candles are predominantly green, indicating buying dominance. Additionally, the MACD indicator and its histogram are in positive territory, reflecting increasing upward momentum, while the Williams %R oscillator indicates strong bullish sentiment but approaching overbought levels, which traders should monitor closely for potential pullbacks.

• 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

EUR/USD H4 Price Action Bullish Momentum Continues

EURUSD, known among forex traders as "Fiber," is one of the most actively traded currency pairs globally, representing the Euro against the U.S. Dollar. Today's fundamental landscape is significantly shaped by speeches from ECB President Christine Lagarde and Bundesbank President Joachim Nagel. With both expected to maintain a hawkish stance regarding monetary policy amid ongoing global trade tensions and geopolitical fragmentation, the euro could experience bullish momentum. Conversely, U.S. banks are closed today for Memorial Day, which typically results in reduced liquidity and potential irregular volatility in the EUR/USD pair.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the EUR USD H4 technical chart, the price is demonstrating a clear bullish trend, currently trading above the green Ichimoku Cloud, indicating bullish momentum. The upper band of the Ichimoku Cloud has flattened horizontally, suggesting possible consolidation or resistance around the current price levels. Additionally, the RSI indicator at 65.95 indicates strong bullish sentiment but is approaching overbought territory, suggesting potential near-term caution. The MACD indicator is also positive, confirming the bullish momentum. Traders should watch closely for signs of either consolidation at resistance levels or further bullish breakout opportunities.

•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

FTSE100 Price Action Amid Economic News

The UK100_FTSE100, often called the "Footsie," represents the top 100 companies listed on the London Stock Exchange and serves as a significant indicator of the UK's economic health and market sentiment. Today's fundamental analysis highlights the impact of upcoming economic data from the US, including GDP figures, unemployment claims, and energy inventory reports from API and EIA, as these can directly influence global investor sentiment and subsequently affect the FTSE100. In the UK, key speeches from BOE Governor Andrew Bailey and Deputy Governor Sarah Breeden will be critical, with their potentially hawkish tones expected to influence GBP strength and investor sentiment towards UK equities.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Examining the provided UK100 H4 chart, the index has maintained a bullish price action since April, clearly passing through the Ichimoku cloud mid-April and remaining steadily above the green cloud. Although the Ichimoku cloud has recently become thinner, with its upper and lower bands flattening horizontally, the overall trend continues to indicate bullishness. The Moving Average Channel (MAC) suggests resistance at its upper blue line, as recent candles have touched this upper boundary, possibly signaling a short-term consolidation or pullback. Indicators such as the RSI and MACD support this bullish momentum but also indicate moderation in strength, suggesting cautious optimism in price movement.

•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

Today's S&P 500 Index Market Insights

The US500, commonly known as the S&P 500, represents a broad market index tracking the performance of 500 major US companies, making it a critical benchmark for the American economy. Often referred to simply as "the SPX," its performance can be heavily influenced by US economic data and monetary policy developments. Today's fundamental outlook includes several key economic events: speeches by Federal Reserve officials Mary Daly, Lorie Logan, and Raphael Bostic, and data releases such as Core PCE Price Index, Consumer Spending, Personal Income, Goods Trade Balance, Wholesale Inventories, Chicago PMI, and University of Michigan consumer sentiment and inflation expectations. Given the importance of these releases, traders will closely monitor these events, especially inflation-related indicators and Fed speeches, to gauge potential shifts in monetary policy expectations and their subsequent impact on the US500.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the 4-hour (H4) chart of the US500 reveals an overall upward trend in price action, although recently the price has encountered resistance after touching the upper Bollinger Band and the 0 Fibonacci retracement level. Currently, the price is descending towards and slightly crossing below the middle Bollinger Band, indicating a potential short-term bearish correction. Additionally, volume candles demonstrate moderate selling activity, suggesting cautious sentiment among traders. The RSI indicator hovers around neutral at 49, reflecting balanced momentum without a clear directional bias. MACD and its histogram lines show diminishing bullish momentum, with MACD lines approaching a bearish crossover, reinforcing the possibility of a short-term bearish scenario before any continuation of the broader 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.

Capitalcore

GBPUSD Price Action and Fundamental Outlook Today

The GBPUSD currency pair—widely known as “Cable”—is one of the most liquid and actively traded pairs in the forex market, reflecting the economic dynamics between the UK and the US. Today’s fundamental landscape is dominated by high-impact US events, including speeches from key Federal Reserve figures such as Chair Jerome Powell, Christopher Waller, and others, which are likely to provide critical forward guidance on interest rate policy; any hawkish tone could strengthen the US Dollar. Additionally, traders are closely watching US ISM Manufacturing PMI, Prices Paid, and Construction Spending data—leading indicators of economic health that could impact USD demand if actual figures exceed forecasts. On the UK side, attention turns to the S&P Global Manufacturing PMI and the Nationwide House Price Index, which offer insight into economic activity and housing market trends. If UK data holds firm and the Fed commentary remains measured, GBPUSD could gain bullish momentum; however, stronger US data or more hawkish Fed signals may trigger renewed USD strength, pressuring the pair lower. Overall, today's fundamental events are pivotal for shaping short-term direction in GBPUSD.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the technical front, the GBPUSD pair remains in a long-term bullish trend, supported by a clearly defined ascending trendline visible on the 4-hour chart. However, since May 27th, the pair has experienced a short-term pullback, with price gradually moving lower and recently entering the Ichimoku cloud, which has thinned and shows a flat lower band—suggesting potential consolidation or weakness in bullish momentum. The current price is testing both the Ichimoku support zone and the ascending trendline, making this a key decision area; a bounce could confirm ongoing bullish structure, while a break below may signal deeper correction. Volume has been moderate, showing uncertainty among market participants. The RSI is at 45.52, reflecting mild bearish sentiment without hitting oversold levels. The MACD is slightly bearish, with histogram and lines just below zero, indicating waning momentum. Traders should closely monitor today’s price action in correlation with the fundamental outcomes for confirmation of the next major move.

•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

Nikkei Price Action Signals Potential Trendline Bounce

The Nikkei 225, often referred to simply as "the Nikkei," is Japan's primary stock market index, widely traded and analyzed for insights into Japan's economic health. Today's fundamental focus for Nikkei traders revolves around the Bank of Japan's monetary base announcement, the Japanese Government Bond (JGB) auction, and crucial insights from BOJ Governor Kazuo Ueda's speech. Given that an increased monetary base typically strengthens the Yen, a higher-than-expected announcement could weigh negatively on the Nikkei by elevating currency pressures and potentially tightening monetary policy. Additionally, bond yields and bid-to-cover ratios will offer significant indications of investor sentiment towards Japan's economic outlook, influencing Nikkei price action directly.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Technically, analyzing the Nikkei H4 chart reveals recent bearish price action after failing to breach the resistance level around 38,000. The price has since retreated to test the ascending trendline support near 37,600, a pivotal point for determining short-term market sentiment. The Bollinger Bands indicate potential consolidation, tightening around current price levels, signaling reduced volatility and potential imminent breakouts. The Relative Strength Index (RSI) hovers around the neutral 50-level, indicating balanced momentum and caution among traders. Should price sustain above the trendline, bulls may retest the resistance; conversely, a confirmed breakdown below could accelerate bearish momentum, targeting lower support zones.

•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