Capitalcore Posted March 26 Author Share Posted March 26 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted March 27 Author Share Posted March 27 Bearish Momentum Builds On ND100_NASDAQ ND100_NASDAQ, commonly referred to by traders as “NQ,” is a premier benchmark for US technology stocks, reflecting market sentiment toward major tech giants. With a series of high-impact US economic events on the horizon, including speeches by US President Donald Trump about auto tariffs, quarterly GDP figures, Jobless Claims, and other key data points such as Trade in Goods and Pending Home Sales, the ND100_NASDAQ daily chart technical and fundamental analysis is poised for heightened volatility. Investors will be closely monitoring how these announcements shape risk appetite and price action, as GDP and labor-market indicators can significantly shift market sentiment, while any unexpected policy comments from the White House could further influence the overall outlook for this tech-heavy index. Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. On the ND100_NASDAQ H4 chart, the last seven candles have been decisively bearish, all printing in red and pushing the price action down to the 0.236 Fibonacci level. This move appears to be breaking below that Fib support and heading toward the 0 Fib area, aligning with the Ichimoku cloud. Although the candles remain above the cloud for now, the current bearish momentum is driving them closer to a potential retest of this zone, signaling a possible trend shift. Both the MACD and RSI also reflect weakening momentum, reinforcing the bearish tone in the ND100 daily chart technical and fundamental analysis. • 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted March 27 Author Share Posted March 27 BTCUSD Market Reaction to USD Data Bitcoin, often referred to as “digital gold,” is the world’s largest cryptocurrency by market capitalization, and its pairing with the US dollar (BTCUSD) remains a pivotal benchmark in both cryptocurrency and forex markets. With several major US economic events scheduled today—including Federal Reserve speeches by Thomas Barkin, Michael Barr, and Raphael Bostic, as well as key data releases such as the Core PCE Price Index, Personal Income, and Personal Spending—the US dollar may experience notable volatility that could influence BTCUSD daily chart technical and fundamental analysis. Hawkish signals regarding interest rates, or shifts in inflation and consumer spending, may drive significant price action in this cryptocurrency pair as traders weigh the potential for tighter monetary policy and broader market sentiment. Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. n the BTCUSD H4 chart, the price is exhibiting slightly bullish momentum, moving above the Ichimoku cloud between the 0.786 and 0.618 Fibonacci retracement levels and heading toward the 0.618 level, which could serve as the first resistance. A stronger resistance appears at the 0.5 Fib level, while the green Ichimoku cloud’s upper and lower boundaries are moving horizontally, suggesting caution. Meanwhile, MACD and RSI indicators point to ongoing bullish potential, though traders should monitor any break above these resistance zones to confirm further upward price action in BTCUSD daily chart technical analysis. • 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted March 31 Author Share Posted March 31 UK100 Technical Analysis Before Breakout The UK100, commonly referred to as the FTSE 100 Index or simply the "Footsie", represents the 100 largest companies listed on the London Stock Exchange by market capitalization. It serves as a key benchmark for the performance of major UK equities and is often influenced by both domestic economic indicators and global market trends. In today's fundamental outlook, attention turns to three key economic metrics released by the Bank of England: money supply, mortgage approvals, and consumer credit. All three are forward-looking indicators tied closely to consumer and business confidence. If today's figures surpass expectations, it would suggest improved economic momentum, supporting the GBP and potentially fueling further upside in the FTSE 100 through stronger corporate earnings expectations. However, any disappointment in these data points may pressure sentiment and dampen near-term price action on the UK100 daily chart. Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. From a technical perspective, the UK100 H4 chart reveals a classic symmetrical triangle pattern, indicating a period of consolidation following an earlier bullish move. Currently, the price is hovering near the ascending trendline support, suggesting a potential bounce—especially if it holds. A breakout above the descending resistance line could signal a continuation of the prior uptrend. The Parabolic SAR shows the last four dots forming below the candles, a bullish signal indicating potential upward momentum. The RSI (Relative Strength Index) sits at around 45.71, showing a neutral to slightly bearish stance, yet not oversold, leaving room for a rebound. Meanwhile, the MACD (Moving Average Convergence Divergence) shows a slight bearish crossover, indicating weakened momentum but not an aggressive downtrend. Traders should closely monitor the price reaction around the triangle's lower trendline and watch for a breakout confirmation in either direction on this UK100 H4 price action setup. • 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted April 1 Author Share Posted April 1 USD/JPY Daily Chart Analysis The USDJPY forex pair, often referred to as the “Gopher” in trading circles, is a major currency pair representing the US dollar (USD) versus the Japanese yen (JPY). Known for its high liquidity and sensitivity to monetary policy and geopolitical developments, this pair offers rich opportunities for both technical and fundamental traders. Fundamentally, the USD-JPY is in focus today as markets await key comments from Federal Reserve Bank of Richmond President Thomas Barkin, which could shed light on future US interest rate moves. His tone—whether hawkish or dovish—may significantly impact the dollar. On the Japanese side, economic data like the Jobless Rate and the Tankan survey suggest subdued employment concerns but mixed industrial sentiment. While Japan's Tankan index indicates potential stagnation in manufacturing and services, upcoming US data such as ISM Manufacturing PMI, Construction Spending, and Consumer Confidence are expected to underscore a resilient US economy. Overall, expectations of stronger US macro data and possible hawkish Fed rhetoric give the greenback a fundamental edge in today’s USD JPY outlook, favoring a bullish bias unless data disappoints sharply. Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Technically, the USD/JPY 4-hour chart shows a complex battle between bullish and bearish forces. The pair is gradually breaking downtrend lines one by one, and only one major descending trendline remains to be cleared for a full bullish breakout confirmation. Although the price recently dipped below a key support zone and pulled back—suggesting a potential bearish continuation—the bounce strongly hints at a BOF (Breakout Failure), which aligns with the emergence of a possible bullish trend. This idea is supported by bullish divergence on the RSI, where price made lower lows while RSI printed higher lows, indicating waning bearish momentum. RSI is hovering near 50, signaling neutrality with potential for upward momentum. The MACD histogram is shrinking its bearish bars, and lines are close to a bullish crossover, reinforcing the upward scenario. Meanwhile, the Parabolic SAR still prints above the candles, indicating short-term bearish bias, but this can flip quickly if momentum continues. Watch for a breakout above the final trendline for confirmation of a sustained uptrend continuation in the USDJPY daily chart technical analysis. • 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted April 2 Author Share Posted April 2 (edited) EURUSD H4 Chart Forecast and Outlook The EURUSD, often referred to as the "Fiber" in the forex market, represents the most heavily traded currency pair in the world, symbolizing the euro versus the U.S. dollar. As of today, market sentiment around EURUSD is highly sensitive to economic updates from both the Eurozone and the United States. European data releases, including a worse-than-expected French Government Budget Balance (-30.2B vs. -17.3B) and moderate improvement in Spanish Unemployment, slightly weigh on the euro. However, eyes are keenly on the U.S. session, with key market movers like the ADP Non-Farm Employment Change and Factory Orders in focus. If U.S. data continues to show mixed signals, especially weaker job numbers and declining factory orders, the dollar may face selling pressure, favoring a bullish continuation for EURUSD. Additionally, bond auction yields and evening speeches from U.S. policymakers, including former President Trump and FOMC member Kugler, could inject volatility into late trading sessions Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. From a technical standpoint, the EURUSD H4 chart indicates a bullish structure. After a notable correction, the pair successfully broke above a descending trendline, signaling a potential shift back to the upside. Currently, the price is consolidating above a strong static support zone around 1.07500. RSI is bouncing from near-oversold levels, now heading upward around 44.65, suggesting growing bullish momentum. While the MACD histogram shows a slight bearish divergence, the signal lines are close to a potential crossover. Should MACD turn bullish and align with RSI’s direction, a fresh ascending wave on the EURUSD H4 chart would be strongly probable. This technical setup, combined with weaker U.S. fundamentals, sets the stage for a bullish price action 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 Edited April 2 by Capitalcore Link to comment Share on other sites More sharing options...
Capitalcore Posted April 3 Author Share Posted April 3 SP-500 Struggles To Break Ichimoku Cloud The US500 (S&P 500), often called the “500,” serves as a benchmark for top-performing U.S. stocks and is pivotal for auging market sentiment in Futures Indices (CFDs). As traders monitor price action, today’s high-impact events—including a White House briefing on tariff policies, Federal Reserve speeches on inflation expectations, OPEC deliberations on oil output, and fresh jobless claims data—add layers of volatility to the US500 (S&P 500) daily chart technical and fundamental analysis. These developments could signal shifts in global trade relationships, future interest rate trajectories, and broader economic stability, making this session especially critical for short-term and long-term positioning. Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. On the H4 chart, the US500 (S&P 500) has maintained a bearish trend below the Ichimoku Cloud, reflecting weaker price action in recent sessions. Although the index briefly tested the Cloud, it failed to break through and has since pulled back, with the Cloud itself remaining red but gradually thinning. The Cloud’s upper boundary is relatively flat, suggesting limited upward momentum, while MACD and Williams %R both point toward cautious sentiment. Taken together, this US500 (S&P 500) daily chart technical and fundamental analysis indicates that sellers still exert near-term control, though any bullish catalyst from today’s news could challenge the prevailing downward bias. • 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted April 3 Author Share Posted April 3 USDCAD H4 Price Action Analysis and Trading Strategy The USD/CAD, often referred to by traders as the "Loonie", is a major forex pair that represents the exchange rate between the US Dollar and the Canadian Dollar. It is heavily influenced by oil prices, economic data from both the US and Canada, and monetary policy expectations. Fundamentally, today's focus for the USDCAD forex pair is on key employment data from both countries. Canada is releasing its Employment Change and Unemployment Rate, crucial indicators of labor market health and consumer spending strength. Better-than-expected Canadian job data typically strengthens the CAD, putting pressure on USD CAD. On the US side, markets are closely watching the Non-Farm Payrolls (NFP) and Unemployment Rate, which are among the most impactful economic indicators for the USD. Additionally, several speeches from Federal Reserve officials, including Fed Chair Jerome Powell, could introduce volatility depending on the tone—hawkish commentary may strengthen the USD, while dovish remarks could weaken it. With both countries releasing critical labor data today, heightened volatility and strong directional moves are likely for the USD-CAD pair. Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Technically, as seen in the attached USDCAD H4 chart, the price has been in a clear bearish trend, with 9 out of the last 15 candles being red, confirming downward momentum. However, recent bullish candles show signs of a potential correction or reversal after the pair reached a key support zone highlighted in red. The price touched this support near 1.3993 and is now attempting a bounce. It's still in the lower half of the Bollinger Bands, indicating bearish pressure, but the latest candle shows a push toward the middle band, which may act as a near-term resistance. On the MACD, both the main line and the histogram are still in negative territory, but the histogram bars are fading in color (light red), which suggests decreasing bearish momentum. The Connor RSI (CRSI) is also pointing higher and currently sits above 60, signaling that short-term bullish pressure is building. If today's fundamental releases support the CAD, this bounce might be short-lived; otherwise, a breakout above the middle Bollinger Band could confirm a stronger corrective 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted April 7 Author Share Posted April 7 ND100 Daily Chart Technical Analysis The Nasdaq 100 Index, often known by its nickname ND100, represents the top 100 non-financial companies traded on the NASDAQ exchange and is traded against the USD in forex markets. Fundamentally, today, traders' attention is focused on significant upcoming USD news involving the Federal Reserve Governor Adriana Kugler's speech on inflation dynamics and consumer credit figures. Hawkish comments from Governor Kugler, reflecting tighter monetary policy or indicating further rate hikes, would likely strengthen the USD, potentially exerting downward pressure on ND100. Conversely, a positive report on consumer credit could signal robust consumer spending, providing mild support for equities and potentially cushioning ND100's fall. Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. From the technical perspective of the ND100 H4 chart, the price action clearly indicates bearish momentum. The price strongly broke its previous H4 support line, retested it briefly, and continued aggressively downward, effortlessly penetrating daily support. This sharp bearish movement is supported by multiple large-bodied red candles and a notable price gap between recent candles, underscoring traders' urgency to sell. Bollinger Bands are widening, suggesting heightened volatility and continuation of the bearish trend. The RSI, currently at an oversold extreme of 8.88, indicates strong bearish momentum but also hints at a potential short-term bounce due to overselling. MACD remains bearish, showing expanding negative histograms, confirming downward pressure. Stochastic indicators are deeply oversold, reinforcing the downward trend's strength but again cautioning of potential minor retracements. EMA 14 further emphasizes bearish sentiment as prices remain significantly below the moving average line. • 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted April 8 Author Share Posted April 8 USD/JPY Forex Pair Price Action Targeting Fibonacci Levels The USDJPY, widely known as the "Gopher," represents the currency pair of the United States Dollar (USD) against the Japanese Yen (JPY). As a highly liquid forex pair, it is closely monitored by traders globally due to its sensitivity to interest rate decisions, geopolitical events, and economic data releases. Today, traders will closely watch the Adjusted Current Account from Japan's Ministry of Finance and the Eco Watchers Current Index, both of which significantly impact market sentiment towards the Yen. A better-than-expected Current Account surplus or higher Eco Watchers Index could strengthen the JPY by signaling improved domestic economic conditions. Conversely, the USD faces potential volatility due to the NFIB Small Business Index and Fed President Mary Daly's discussion on the economic outlook and monetary policy, where any hawkish commentary could boost the USD. Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Technical analysis of the USD-JPY H4 chart indicates that the price action recently broke through two critical support lines and is currently retesting the second broken support, now acting as resistance at approximately 147.929. Should price action continue its bearish momentum, traders could anticipate targets at Fibonacci retracement levels of 1.618 at 144.065 and potentially 2.618 at 139.738. Parabolic SAR indicates bearish sentiment as the dots remain above the candlesticks, signifying downward pressure. MACD is showing diminishing bullish momentum, potentially signaling a bearish crossover, while the RSI is approaching overbought levels, suggesting possible exhaustion in the recent upward correction and supporting the likelihood of a reversal to the downside. • 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted April 10 Author Share Posted April 10 US30 Technical Analysis H4 Chart Today The US30, also known as the Dow Jones Industrial Average or simply "Dow," represents 30 significant publicly traded US companies and is a critical indicator for overall US economic health. Today’s US fundamental outlook is shaped by several significant releases including the Core CPI and CPI, which are crucial indicators for inflation and monetary policy. A higher-than-forecasted CPI would likely strengthen the USD as markets anticipate further interest rate hikes by the Federal Reserve to control inflation. Additional attention will be on the Initial Jobless Claims and multiple Federal Reserve speakers, whose hawkish remarks could add further support for the USD. Overall, today's economic events could significantly impact US30 volatility and price action, especially if inflation data deviates from expectations or Fed speakers signal clear policy adjustments. Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Technical analysis of the US30 H4 chart indicates that the price has successfully broken the recent downtrend and experienced a pullback, confirming the transition into a new uptrend with two robust bullish candles. However, a corrective movement is likely necessary before continuing upwards. The immediate bullish target stands at approximately 42525, with potential correction support near 39450. Bollinger Bands are widening, suggesting increased volatility and potential upward continuation. The Parabolic SAR dots below the current candles confirm bullish momentum. The RSI at 62.95 points to upward momentum but remains below the overbought threshold, suggesting further upside potential. MACD shows increasing bullish momentum as indicated by the expanding histogram, and the Stochastic oscillator is currently in the overbought territory, signaling potential short-term correction before further advancement. • 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 Link to comment Share on other sites More sharing options...
Capitalcore Posted April 10 Author Share Posted April 10 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. Capitalcore Link to comment Share on other sites More sharing options...
Capitalcore Posted Monday at 12:40 AM Author Share Posted Monday at 12:40 AM 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. Capitalcore Link to comment Share on other sites More sharing options...
Capitalcore Posted Tuesday at 09:25 AM Author Share Posted Tuesday at 09:25 AM 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. Capitalcore Link to comment Share on other sites More sharing options...
Capitalcore Posted 16 hours ago Author Share Posted 16 hours ago (edited) 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 Edited 16 hours ago by Capitalcore Link to comment Share on other sites More sharing options...
Capitalcore Posted 3 hours ago Author Share Posted 3 hours ago 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. Capitalcore Link to comment Share on other sites More sharing options...
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