Daily Market Forecast By Capitalcore

GOLD Chart Analysis for Bearish Trend on H4


Gold, commonly known as “the yellow metal”, is traded as GOLDUSD or XAUUSD and remains a critical safe-haven asset in times of economic uncertainty. Today, traders are watching significant USD news releases, including the New York Manufacturing Index and PMI data for both manufacturing and services. Positive US data could strengthen the USD, exerting downward pressure on XAUUSD, while weaker results may boost gold as investors shift to safety.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
On the GOLDUSD H4 chart, the price has been in a bearish trend, with several consecutive red candles before last week's market close. After opening this week, the price touched the upper cloud section, indicating weakening bullish strength. The price also broke below the 0.382 Fibonacci retracement level at 2,654.55, which now acts as immediate resistance, with further downside potential toward the 0.5 Fibonacci level at 2,632.17.
The Williams %R indicator is currently at -96.16, signaling oversold conditions, which may lead to a short-term bounce but does not negate the bearish momentum. Immediate support is now located at 2,632.17, aligning with the 0.5 Fibonacci level, while resistance is seen at 2,677.72 near the cloud boundary. If buyers cannot regain control, the next support at 2,609.79 could come into focus.

• 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

Technical Outlook for BTCUSD H4 Price Action

The BTC/USD pair, often referred to by “Bitcoin-Dollar,” represents the exchange rate between Bitcoin and the US Dollar. As a highly volatile instrument, it bridges the worlds of cryptocurrency and forex trading, drawing interest from both long-term investors and short-term traders due to its dynamic price movements and sensitivity to market news. Today, the spotlight is on the USD’s Core Retail Sales and Retail Sales m/m data, with expected figures at 0.4% and 0.6%, respectively. Positive retail sales figures typically strengthen the US Dollar, potentially applying downward pressure on BTCUSD as the USD side of the pair gains strength. However, Bitcoin's strong fundamentals, including increasing institutional adoption and the prevailing bullish sentiment in cryptocurrency markets, may counterbalance USD strength, keeping BTCUSD supported above key levels. With Bitcoin’s role as a hedge against fiat currency debasement and its ongoing integration into traditional financial systems, the long-term outlook remains decidedly bullish.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
The BTCUSD H4 chart reveals a robust and consistent bullish trend, reflecting strong momentum that has been driving prices upward within a clearly defined bullish channel. The RSI, currently hovering near the overbought territory around the 70 level, suggests that while the pair may face a short-term pullback or consolidation due to overextension, the broader trend remains firmly upward. This overbought condition often indicates heightened buying pressure and trader optimism, reinforcing the overall bullish outlook. Supporting this momentum, the Ichimoku cloud analysis paints an equally optimistic picture. The green cloud signals sustained upward pressure, while a bullish crossover between the Kijun-sen and Tenkan-sen lines further strengthens the probability of continued upward price movement. This alignment of key technical indicators underscores a highly favorable environment for Bitcoin’s price action, as it trades confidently within a structurally sound bullish channel. As long as the price remains within this channel, the potential for further upside remains significant. Combining the supportive indicators and broader market sentiment, BTC USD appears poised to push toward new highs, even if intermittent pullbacks or consolidation phases occur 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.

Capitalcore

GBP/USD H4 Chart Analysis: Bollinger Bands and RSI Insights


The GBPUSD forex pair, commonly known as "Cable," is one of the most actively traded currency pairs globally, reflecting the exchange rate between the British Pound (GBP) and the US Dollar (USD). It plays a significant role in international trade and investment, given its historical importance and liquidity. The pair’s fundamental outlook is heavily influenced by macroeconomic news from both the UK and the US, making it a key focus for traders seeking opportunities in the forex market.

For the GBP/USD news analysis today, upcoming US Building Permits and Housing Starts data are crucial for gauging future construction activity, a leading indicator of economic health in the United States. If the actual results exceed forecasts, it is likely to strengthen the USD, potentially pushing GBPUSD lower. On the UK side, Consumer Price Index (CPI) and Producer Price Index (PPI) data are central as they provide critical insights into inflationary pressures. Higher-than-expected inflation data could bolster expectations of tighter monetary policy from the Bank of England (BoE), supporting the GBP. Additionally, traders will monitor crude oil inventories due to their indirect impact on USD through global economic sentiment. The Federal Reserve's forward guidance on monetary policy remains a focal point, and any hawkish signals could strengthen the dollar further, maintaining the risks of a GBP/USD bearish bias.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
The GBPUSD H4 chart shows a notable bullish recovery after a recent decline. The Bollinger Bands indicate that Cable’s price action is attempting to break above the middle band (20-SMA), a key dynamic resistance. If this breakout sustains, the pair could aim for the upper Bollinger Band near 1.2727, signaling further GBP/USD bullish momentum. However, failure to hold above the middle band may result in a pullback toward the lower support levels at 1.2668 and 1.2690.
The Relative Strength Index (RSI) currently stands at 54.91, showing a moderate recovery and indicating neutral momentum. The RSI remains below the 70 overbought level, suggesting room for further upside. If buying pressure continues, GBPUSD could challenge recent highs; however, traders should watch for potential reversals near key resistance zones. Overall, GBPUSD's technical outlook today remains cautiously bullish as long as it stays above the 1.2668 support zone.


• 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

USDJPY Price Prediction Daily Technical Analysis


The USDJPY, often referred to as the "Ninja," is a widely traded currency pair that represents the exchange rate between the U.S. Dollar (USD) and the Japanese Yen (JPY). This pair is influenced heavily by interest rate policies and economic events from the Bank of Japan (BOJ) and the U.S. Federal Reserve, making it a key focus for forex traders worldwide.
Today, the Bank of Japan's tentative monetary policy announcements and Governor speeches will dominate the JPY's outlook. Any hawkish stance or unexpected positive signals regarding Japan's economic growth could strengthen the Yen, causing a pullback in USDJPY. However, with the U.S. releasing crucial economic data, including GDP figures and Initial Jobless Claims, the Dollar could gain momentum if data shows robust economic growth or lower unemployment claims. Traders will closely watch these releases, as they provide a clear signal on future Federal Reserve policy directions, particularly regarding inflation and interest rate hikes.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
From a technical perspective on the H4 chart, USDJPY remains firmly in a bullish trend within an upward price channel. The price is trading above the Ichimoku Cloud, a strong bullish signal, and has reached the 0.236 Fibonacci retracement level near 154.63, which now acts as short-term resistance. Should this level break, the next target could be the upper boundary of the price channel around 155. Meanwhile, the Williams %R (14) indicator, currently at -14.00, shows overbought conditions, signaling a potential temporary correction before another upward move. A bounce off the channel support around 153.55 would validate continued bullish price action, while a break below could indicate a deeper retracement toward the 152.71 level.

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 Forecast: Bearish Momentum Dominates H4 Chart

The EUR/USD currency pair, often referred to as the "Fiber," is the most traded currency pair globally, representing the relationship between the Euro (EUR) and the US Dollar (USD). It’s fundamental outlook is highly influenced by macroeconomic indicators and central bank decisions in both the Eurozone and the United States. With its liquidity and volatility, EUR/USD serves as a benchmark for global currency markets.
For Today's EUR/USD news analysis the focus revolves around significant upcoming news events. The Federal Reserve's Mary Daly's Bloomberg TV interview is crucial as her remarks may provide insights into future monetary policy, potentially strengthening the USD if perceived hawkishly. Key economic releases like the U.S. PCE index and Personal Income/Spending reports will shape expectations for inflation and consumer behavior, impacting the USD's trajectory. Concurrently, Eurozone's Producer Price Index (PPI) and Consumer Confidence data are vital to assess economic health, with better-than-expected data potentially supporting the Euro. As both economies grapple with inflationary challenges, these data points will steer the Fiber's direction in the short term.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
The H4 chart for EUR/USD indicates the pair’s bearish bias with recent sharp declines. The Parabolic SAR, positioned above the price candles, confirms the ongoing downtrend, signaling further downside risk unless a reversal is triggered. Meanwhile, the MACD exhibits negative momentum with a bearish crossover and histogram bars deepening below the zero line, underscoring strong selling pressure. The Fiber’s Price action has tested the critical support level of 1.0350, a psychological zone. However, if this support holds, a pullback to the resistance zones at 1.0413 or 1.0468 could occur. Overall, the EUR/USD technical analysis today suggest continued caution for bulls until a breakout or a trend reversal pattern emerges.

• 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

USDCAD H4 Technical Outlook and Price Momentum

The USDCAD forex pair, also known as the "Loonie," is a popular trading pair that represents the exchange rate between the U.S. dollar (USD) and the Canadian dollar (CAD). The pair is influenced by crude oil prices due to Canada's oil-exporting economy and by macroeconomic factors such as interest rates and GDP data. Today, traders are closely watching key economic releases from Canada, including the GDP m/m, Industrial Product Price Index (IPPI), and Raw Materials Price Index (RMPI). These reports will provide insights into Canada's economic health, industrial pricing trends, and inflationary pressures. A better-than-expected GDP or IPPI reading could strengthen the CAD, leading to bearish pressure on the USD-CAD.
For the U.S. dollar, the CB Consumer Confidence report is a critical indicator of consumer sentiment and spending. A higher-than-forecasted reading could bolster USD strength, potentially offsetting CAD gains if Canadian data underperforms. The interplay between these news events will determine short-term price action, with a focus on risk sentiment, crude oil prices, and the relative strength of each currency.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
The H4 chart of USD/CAD shows a bullish trend with the price trading above the Ichimoku cloud, indicating strong upward momentum. The last two candles are bullish, suggesting a continuation of the uptrend, supported by the Williams %R14 indicator, which currently reads -69.92 close to oversold but still signaling potential bullish energy. The Fibonacci retracement levels highlight key areas of price action; the price recently rebounded from the 0.236 level after touching the 0.0 Fib level last week. The current move suggests a correction phase is ending, with price consolidating above support levels.
The bullish channel evident on the chart confirms the upward trend, though traders should monitor any breakouts or price reversals, especially around the Fibonacci levels. The continuation of bullish candles after the market's reopening today hints at sustained bullish momentum 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.

Capitalcore

BTC/USD H4 Technical Analysis: A Bearish Perspective

The BTCUSD cryptocurrency pair represents the exchange rate between Bitcoin (BTC) and the U.S. dollar (USD). The pair's movements are influenced by macroeconomic factors, including the strength of the USD, regulatory developments, and overall risk sentiment in the financial markets. Currently, traders are closely monitoring the US CB Consumer Confidence report, a critical indicator of economic confidence. A stronger-than-expected result could reinforce USD strength, amplifying bearish pressure on BTCUSD. Additionally, anticipation surrounding the upcoming Federal Reserve meeting adds caution to the market, with the potential for higher interest rates and persistent inflation concerns weighing on risk assets like Bitcoin.
For BTC, adoption trends and regulatory changes remain pivotal in shaping long-term trends, though short-term price movements may hinge on USD performance and broader market sentiment.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
The H4 chart of BTC/USD reveals a strong bearish trend, with the price trading below the Ichimoku Cloud, indicating persistent downward momentum. A series of consecutive bearish candles, interspersed with minor bullish corrections, highlights sustained selling pressure. The pair recently broke through the 23.6% Fibonacci retracement level, confirming bearish dominance, and is now testing the 38.2% retracement level as a critical support zone.
The Ichimoku Cloud analysis shows that BTC/USD has decisively moved below the cloud, confirming bearish sentiment. The lagging span remains below the price action, and the cloud ahead is red, suggesting further downside unless the price reclaims levels above the cloud. Trading volumes indicate increased activity during bearish movements, reflecting strong selling pressure, while lower volumes during bullish corrections suggest weak buying interest. The MACD line remains below the signal line with a deepening bearish histogram, signaling that bearish momentum is strengthening with no immediate signs of reversal.
The current support level is at the 38.2% Fibonacci retracement near $92,829.72, and a further decline could lead to a test of the 50.0% retracement level around $87,014.05, which is a critical zone for potential buyers. On the upside, immediate resistance is located at the 23.6% Fibonacci retracement level at $98,645.35, and a recovery beyond this point could reduce bearish pressure. A stronger resistance lies near $102,522.45, aligning with the upper boundary of the Ichimoku Cloud and prior 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

GBP/JPY H4 Chart: Fundamentals and Technical Overview

The GBPJPY forex pair, often referred to as "The Dragon" due to its volatile price movements, represents the exchange rate between the British Pound Sterling (GBP) and the Japanese Yen (JPY). It combines the influences of two powerful global economies, with the Bank of England (BOE) and the Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) playing pivotal roles in shaping its price trends.
Today’s GBP/JPY fundamental analysis has its focus on the Bank of England’s Quarterly Bulletin and Japan’s residential building permits report. The BOE’s commentary on market developments and monetary policy will be pivotal, especially as traders seek clarity on future interest rate paths amid inflationary pressures. Meanwhile, Japan’s building permits data offers insights into the nation’s economic health, as higher-than-expected figures could signal robust growth. Combined, these updates will likely create increased volatility in the GBPJPY forecast, particularly given the contrasting monetary policies of these two economies. Traders should closely watch these releases for potential directional catalysts.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
The GBP/JPY technical analysis today reveals an ascending channel formation, with prices consolidating near the upper boundary. The RSI indicator hovers around 64.10, indicating a moderate GBPJPY bullish bias but nearing overbought conditions. Meanwhile, the Volume Oscillator shows declining momentum, suggesting weakening buying pressure. This combination implies a potential pullback or consolidation before further bullish continuation, especially if the Dragon’s price action fails to break above the channel resistance. Traders should monitor for any divergence signals or breaks of key support levels around 196.50 to gauge near-term direction.

• 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

EURUSD Price Action Targets Key Resistance Levels

The EURUSD forex pair, often referred to as "Fiber," is one of the most traded currency pairs in the forex market, representing the euro against the US dollar. As a barometer for global economic sentiment, it is heavily influenced by macroeconomic indicators and monetary policy decisions from both the European Central Bank (ECB) and the Federal Reserve (Fed).
Today, the market awaits critical economic data that could impact EUR/USD's direction. From the Eurozone, the Consumer Price Index (CPI) data will provide key insights into inflation trends, which could signal potential future policy actions from the ECB. Higher-than-forecast CPI results could strengthen the euro by increasing the likelihood of tighter monetary policy. On the US side, the Chicago PMI and Pending Home Sales reports are set to shed light on business activity and consumer demand. If these reports outperform expectations, they could reinforce the dollar's strength, given its role as a leading indicator of economic health. Traders should prepare for heightened volatility as the interplay between these releases unfolds.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
The EURUSD H4 chart displays a bullish price action, as the pair has successfully broken above the lower cloud line of the Ichimoku Kinko Hyo indicator, indicating potential upward momentum. The last two candlesticks are positive, reflecting buyer confidence as the price moves away from the 0.786 Fibonacci retracement level toward the 0.618 level. This upward trajectory is further supported by the Williams %R indicator, which stands at -21.39, nearing overbought territory. This suggests that while the bullish trend is strong, traders should remain cautious of potential resistance at the cloud's upper boundary or near the 0.618 Fibonacci level. The Fiber appears poised to challenge higher levels if the momentum persists, with upcoming economic news likely playing a decisive role.

• 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