Daily Market Forecast By Capitalcore

GBPUSD daily chart analysis and key resistance zones

The GBPUSD forex pair, commonly referred to by its nickname "Cable," represents the exchange rate between the British Pound Sterling and the US Dollar. It is one of the most liquid and widely traded currency pairs in the forex market, driven by key macroeconomic indicators and central bank policies from both the United Kingdom and the United States. On April 11, 2025, the GBPUSD is positioned ahead of several impactful fundamental events. For the USD, speeches from influential FOMC members such as John Williams and Alberto Musalem are expected to influence market sentiment, especially if the tone is more hawkish, hinting at future interest rate hikes. Additionally, the release of the University of Michigan Consumer Sentiment and Inflation Expectations, along with the PPI and Core PPI, will offer insight into inflationary trends and consumer outlook—key considerations for future Fed decisions. On the UK side, a slate of economic data including monthly GDP, manufacturing production, trade balance, and construction output is set to be released. These will provide a broader view of the UK economy’s performance. A stronger-than-expected showing could support further gains for the pound, especially if the US data signals slowing inflation or dovish undertones from Fed officials.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Technically, the GBPUSD H4 chart shows strong bullish price action within a well-defined ascending channel. The last eight candlesticks have been consecutively bullish, pushing the price above the 1.29500 level and testing the 0.5 Fibonacci retracement level. With the current candle opening at this level, a successful breakout could target the 0.382 Fibonacci level near 1.30160. The Bollinger Bands indicate upward momentum, with the GBPUSD price hugging the upper band—a classic signal of bullish strength. The MACD shows growing bullish momentum, as both the MACD line and histogram rise above the signal line. Additionally, the Connors RSI (CRSI) is above 88, signaling strong buying pressure but also approaching potential overbought conditions. Overall, the technical outlook remains bullish in the short term, with 1.30160 and potentially 1.30890 as the next key resistance levels if fundamentals align.

• 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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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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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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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

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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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.

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.

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.

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.

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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