Daily Market Forecast By Capitalcore

EURGBP Price Action and Key Levels on H4 Chart

EUR/GBP, commonly known as the "Chunnel", is a highly liquid forex pair influenced by macroeconomic events in both the Eurozone and the UK. Its volatility is driven by key economic releases, central bank policies, and global risk sentiment. Today, major Eurozone economic data, including the IFO Business Climate Index from Germany, will provide insight into economic confidence and growth expectations. Stronger-than-expected figures could boost the euro, while weak data may weigh on the currency. Additionally, Eurostat’s Core CPI and CPI reports will reveal inflation trends, which are crucial for ECB rate decisions—higher-than-expected inflation could reinforce ECB hawkishness and support EUR. On the GBP side, multiple Bank of England (BOE) speeches will be closely monitored for policy guidance. If BOE policymakers adopt a hawkish tone, the pound may gain strength, adding further downside pressure to EUR GBP. Given the importance of these events, traders should brace for potential high volatility and price action shifts throughout the session.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
The EURGBP H4 chart indicates a strong bearish trend, with price action confined within a downward-sloping channel. The Ichimoku Cloud remains red, signaling bearish momentum, and candles continue to trade below the cloud, confirming the downward trend. The latest candle is also bearish, indicating persistent selling pressure. The MACD lines are converging, with the histogram showing a weakening bearish momentum—potentially signaling a near-term consolidation or reversal. The RSI at 42.11 suggests the EUR-GBP pair is nearing oversold conditions, but there is still room for further downside. Additionally, the Chunnel price is currently hovering between the 0.5 and 0.382 Fibonacci retracement levels, which are key support areas. Notably, the Ichimoku base line (Kijun-sen) has touched the last candle's top shadow, which often acts as dynamic resistance. If the price fails to break above this level, further downside movement towards 0.8260 or lower is likely. Traders should watch for a break below 0.8257 (23.6% Fib retracement) for further bearish continuation, while a break above 0.8306 (61.8% Fib) may signal a 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

 

USD30 DowJones Price Action Outlook

USD30-DowJones, commonly known as “the Dow,” is a prime gauge of U.S. economic health and a favorite for daily chart technical and fundamental analysis. Today’s upcoming events, including Wards Auto data, Construction Spending figures, ISM Manufacturing surveys, S&P Global PMI, and a Federal Reserve speech, could significantly influence price action by reflecting consumer confidence, inflation pressures, and potential monetary policy shifts.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
In the USD30-DowJones H4 chart, Bollinger Bands indicate that after a bearish trend, the index rebounded sharply off the lower band and pushed past the middle band. The RSI points to renewed buying momentum, while volatility and O.H.L.C. data suggest possible price swings in the near term. Currently, the price is near the 0.382 Fibonacci level and appears confined between the 0.618 and 0.382 levels, signaling that a decisive breakout or continued consolidation could shape the next phase of price action. Traders should watch for sustained closes above the middle band to confirm further upside potential. Conversely, a failure to hold above this mid-level could lead to another pullback, testing lower support areas and challenging bullish momentum.

• 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

 

GOLD Targets New ATH Amid Increased Volatility

XAUUSD, also known as GOLD or GOLDUSD in forex markets, is among the most traded commodity-based currency pairs. Nicknamed the "safe haven asset," Gold typically attracts investors during periods of economic uncertainty. Today, the upcoming USD news releases; including Job Cut Announcements, Initial Jobless Claims, Nonfarm Productivity, Unit Labor Costs, Trade Balance, Wholesale Inventories, and Natural Gas Storage; could induce volatility in USD pairs, including XAUUSD. Positive employment data or hawkish comments from FOMC member Patrick Harker might strengthen the USD, potentially putting downward pressure on GOLD. Conversely, weaker-than-expected figures would likely enhance Gold’s appeal, boosting its price upward due to its inverse relationship with USD strength.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
Analyzing the H4 chart for XAUUSD, the price action clearly indicates a fresh bullish momentum, pushing towards previous all-time highs (ATH). The recent ATH has been consistently surpassed, signaling robust bullish sentiment. Currently, the Gold price movements are within expanded Bollinger Bands, illustrating heightened volatility. Price is encountering resistance at the Fibonacci retracement level of 0.786 (around 2927.57). However, given the bullish momentum, GOLDUSD has potential to surpass this level, targeting the 1.0 Fibonacci level (approximately 2953.44), potentially establishing a new ATH. The XAUUSD price resides in the upper half of the Bollinger Bands, with the upper band around 2940 acting as an immediate resistance en route to ATH levels. The RSI at 59.78 indicates bullish strength without being overbought, and Volatility OHLC signals increased trading activity, supporting the bullish scenario.

• 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

 

US30 Price Action and Forex Fundamental Analysis

US30, also known as the Dow Jones Industrial Average, is a popular stock market index representing 30 significant publicly traded companies in the U.S. Often called "Dow," it serves as a crucial indicator of the overall health of the U.S. economy. Today’s key economic events include the Core Producer Price Index (PPI), Producer Price Index, Initial Jobless Claims, Natural Gas Storage levels, and the 30-Year Treasury Bond auction results. An increase in PPI figures above forecasts typically supports the USD and can apply bearish pressure to US30 due to prospects of tighter monetary policy. Conversely, lower-than-expected Initial Jobless Claims would reflect economic strength, potentially offsetting bearish sentiments and providing support for the Dow.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
Analyzing the US30 H4 chart, the price is moving within a clear bearish channel below the Ichimoku cloud, reflecting sustained downward momentum. Price action is consolidating between the Fibonacci retracement levels of 0.618 (41,983) and 0.786 (41,104), indicating strong bearish pressure. MACD continues to exhibit negative momentum with bearish histogram bars, while RSI remains below 30, confirming oversold conditions and highlighting the risk of a corrective rebound or temporary consolidation.

• 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

 

GOLDUSD Analysis Strong Bullish Trend Above Ichimoku Cloud

Gold (XAU/USD), also known as the "yellow metal," is a highly sought-after asset in forex trading, often serving as a safe-haven investment during times of economic uncertainty. As one of the most liquid commodities, GOLD price action is closely linked to macroeconomic data, inflation trends, and central bank policies. Today, GOLD/USD’s movement will be influenced by the University of Michigan Consumer Sentiment and Inflation Expectations reports, which are key indicators of economic confidence and future inflation trends. If these reports show stronger-than-expected results, the U.S. dollar (USD) may strengthen, potentially leading to a pullback in GOLD prices. However, if consumer confidence and inflation expectations come in weaker, GOLD could continue its bullish rally, as traders seek safe-haven assets amid economic uncertainty. With inflation concerns still present, GOLD remains a key hedge against currency devaluation, and its price action is expected to react sharply to the data release.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
The GOLD/USD (XAUUSD) H4 chart shows a strong bullish continuation, with GOLD recently recording a new all-time high (ATH). The price action is characterized by sharp bullish candles moving significantly above the Ichimoku Cloud, indicating strong momentum and an established uptrend. The Ichimoku cloud itself has tightened, but both the upper and lower boundaries are trending upwards, further reinforcing bullish strength. Additionally, momentum indicators confirm the ongoing bullish sentiment. The MACD and its histogram show increasing bullish momentum, with the MACD line widening its gap above the signal line. The RSI has surged above 78, signaling overbought conditions, which could lead to temporary pullbacks or consolidation before another leg higher. Given this price action setup, traders should watch for potential retracements towards key support levels near $2,950 before a continuation of the uptrend. However, a break below the cloud could indicate a shift in momentum.

• 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 Technical Analysis for Today's Trading Signals

EUR USD, known in forex trading as the "Fiber," represents the exchange rate between the Euro and the US Dollar and is one of the most traded currency pairs globally. The Fiber often reflects market sentiment towards the European and U.S. economies. Today's upcoming news includes crucial data releases: U.S. Building Permits, Housing Starts, Import Price Index, Capacity Utilization Rate, and Industrial Production. Positive outcomes in these metrics, particularly Building Permits and Industrial Production, could strengthen the USD, potentially causing downward pressure on EURUSD. On the other side, Eurozone releases including Trade Balance and ZEW Economic Sentiment may impact the Euro positively if outcomes exceed forecasts, promoting upward momentum in EUR-USD. Traders should monitor these indicators closely for price action signals.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
Analyzing the provided EUR/USD H4 chart reveals that the price has decisively broken through a significant resistance line, indicating strong bullish momentum. However, the price currently faces resistance at the horizontal line and the upper Bollinger Band, suggesting a potential short-term correction or pullback. Technical indicators like the Bollinger Bands hint at possible corrective moves downwards towards the supporting ascending trendline and subsequently to the middle Bollinger Band, providing dynamic support around this zone. Should selling pressure persist, a deeper retracement to the lower Bollinger Band and key support at 1.05194 may occur. Additionally, the Stochastic indicator is entering an overbought territory, signaling a potential bearish reversal or consolidation soon. Concurrently, the MACD histogram shows decreasing bullish momentum, corroborating the possibility of an imminent correction. Traders are advised to observe price action near these technical levels for confirmation.

• 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

 

AUD/USD Price Action Breakout Analysis

The AUD USD, known popularly as the "Aussie," is a major forex pair representing the Australian dollar against the US dollar. It is favored by traders for its strong correlation to commodity prices and market sentiment. Today, fundamental factors for AUD-USD include the Melbourne Institute (MI) Westpac Leading Index from Australia, with higher-than-forecast results likely supporting the Australian dollar. On the US side, traders will closely monitor crude oil inventories from the Energy Information Administration (EIA), Fed Interest Rate decisions, the FOMC statement, economic projections, and the Fed Chair's press conference, all of which can heavily influence USD strength. A hawkish stance or reduced crude inventories could boost the USD, creating volatility in the AUD vs USD pair.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
Analyzing the AUD-USD H4 chart, the price action has clearly broken through the resistance zone at 0.63553 and recently retested this level as support. This pullback indicates a possible continuation upward if the price can sustain above this critical zone. Should the price fail to hold above this newly established support, it could retrace down towards the ascending trendline and further to the key support level at 0.63318. The Stochastic oscillator shows decreasing bullish momentum and is trending downward, indicating potential short-term bearish pressure. Additionally, the MACD indicator suggests bearish sentiment, as it has recently produced a bearish crossover, signaling potential downward price action in the immediate 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

 

GBPUSD H4 Price Action Outlook

GBPUSD, often called “Cable,” remains one of the most actively traded currency pairs in Forex markets as it bridges the British Pound and the US Dollar in global trade. Today’s GBP USD fundamental analysis focuses on upcoming S&P Global Manufacturing PMI and Services PMI data releases for both the UK and the US, alongside a speech from Bank of England Governor Andrew Bailey, as well as remarks by Federal Reserve officials Raphael Bostic and Michael Barr. These events can significantly influence GBP-USD price action by shaping interest rate expectations and economic sentiment, so traders will be watching closely to gauge any hawkish or dovish tones that may either strengthen or weaken the pair.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
On the GBPUSD H4 chart, the price has entered the Ichimoku cloud and is pressing toward its lower boundary, which has thinned recently. The pair has just dropped below the 0.236 Fibonacci retracement level, indicating potential bearish momentum if it continues through the cloud’s lower band. Should it break lower, the 0.382 and 0.5 Fibonacci levels lie ahead as interim supports, with the 0.618 level acting as a stronger barrier. Beyond that, the 0.786 retracement could provide the next solid support zone. Meanwhile, both MACD and RSI on this GBP/USD daily chart technical analysis suggest a continuation of the current downtrend, highlighting the possibility of further price action to the downside 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

 

SILVERUSD Daily Price Action and Divergence Analysis

The SILVERUSD pair, commonly known as "Silver Spot" or "XAGUSD," reflects the value of silver measured against the US Dollar, crucial for traders interested in precious metals and forex markets. Today, fundamental factors influencing SILVERUSD include significant speeches by FOMC members, such as Federal Reserve Governor Adriana Kugler and New York Fed President John Williams, whose remarks about interest rates and the economic outlook can cause volatility. Housing market data releases, including the S&P Case-Shiller and FHFA Home Price Indices, as well as New Home Sales and the Richmond Manufacturing Index, will further influence the USD and indirectly affect SILVERUSD by altering investor sentiment and economic forecasts.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
Technical analysis of the SILVERUSD H4 chart reveals that price action has broken below its upward trendline, reaching a critical support zone. If this support level holds firmly, it could lead the price back upwards toward a potential target at 34.110. Conversely, failing to sustain above this support may drive SILVERUSD further downward, testing the next support level at 32.099. The RSI indicator displays a bearish divergence, suggesting weakening upward momentum, while the stochastic oscillator is approaching an oversold area, signaling a potential rebound. The MACD indicator illustrates bearish momentum that appears to be slowing, possibly indicating a forthcoming reversal. Moreover, the last five Parabolic SAR points are below the price, signaling short-term bullish support.

• 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

 

USDCHF H4 Fundamental and Price Action Insights

The USDCHF currency pair, often nicknamed the "Swissie," represents the US Dollar against the Swiss Franc and is a popular pair among forex traders due to its stability and safe-haven characteristics. In today’s market outlook, the focus is on USDCHF fundamental and technical setups, integrating core elements from the EURCHF daily chart technical and fundamental analysis to gain deeper price action insights. From a fundamental perspective, today's economic calendar is packed with high-impact events, notably the US Core Durable Goods Orders and Durable Goods Orders, both of which are expected to show weakness compared to previous readings, possibly increasing downside pressure on the US Dollar. Furthermore, speeches from FOMC members Kashkari and Musalem could inject volatility, especially if they hint at future rate policy changes. On the Swiss side, traders will keep an eye on the SNB Quarterly Bulletin and UBS Economic Expectations, which may boost the Franc if the tone remains cautious or dovish. In the context of EURCHF analysis, increased safe-haven demand for CHF may spill over into USDCHF, further supporting a bearish outlook.

Chart Notes:
• Chart time-zone is UTC (+02:00)
• Candles’ time-frame is 4h.
Technically analyzing the USDCHF H4 chart, the pair has been riding a bearish wave and currently trades below the Ichimoku cloud, signaling a dominant downtrend. The price action is now approaching the cloud once again, indicating a potential retest phase which could either lead to a rejection or a reversal. The RSI indicator reveals bearish divergence, suggesting momentum is weakening despite minor upward moves, strengthening the bearish case. This setup presents sellers with a promising opportunity to consider short positions, particularly if price gets rejected from the lower edge of the cloud. This aligns well with overall bearish sentiment observed in EURCHF daily chart technical and fundamental analysis, enhancing the probability of further downside in USDCHF 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