Daily Market Forecast By Capitalcore

[Capitalcore]

BTCUSD Chart Key Levels and Price Action

Bitcoin (BTC), often nicknamed “digital gold”, is the most traded cryptocurrency against the US Dollar (USD) and remains a major focus for both retail and institutional traders. Today, upcoming USD news from the NAHB Housing Market Index could influence BTC/USD sentiment, as stronger-than-expected home builder confidence often strengthens the USD and may put short-term pressure on BTC/USD. Investors should watch for this monthly release, as it signals economic health in the US housing sector and can impact crypto-to-fiat price action, especially during periods of high volatility and retracement from all-time highs.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the H4 chart, BTC/USD recently corrected after reaching a new all-time high (ATH) near $124,500. The long-term bullish trend line has acted as dynamic support near the lower Bollinger Band (~$116,000), aligning closely with the horizontal support at $116,934. Following this, the price has started a rebound toward the middle Bollinger Band and is forming a fresh green candle. Immediate resistance is observed around $119,259–$120,000, which has historically acted as a strong reversal zone. The Williams %R at -85.17 shows oversold conditions with a slight corrective move toward -80, indicating potential upward momentum. Overall, BTC/USD shows a bullish retracement within a long-term uptrend, with key levels to watch for breakout or reversal near $120,000 and $124,500.

•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

[Capitalcore]

EURUSD Chart Technical Setup and Price Action Outlook

The EUR/USD, often referred to as the “Fiber”, is the world’s most traded currency pair, representing the Euro against the US Dollar. Known for its high liquidity and volatility, it is heavily influenced by macroeconomic indicators, central bank policies, and geopolitical developments. Today’s focus for traders is on the Eurozone’s Producer Price Index (PPI), CPI reports, and a speech from ECB President Christine Lagarde, all of which could provide crucial clues about inflationary pressures and monetary policy direction. Meanwhile, from the US side, markets are awaiting Federal Reserve speeches and energy data that could influence USD sentiment. Stronger Eurozone inflation data or hawkish ECB remarks may provide support to the Euro, while a hawkish Fed tone or safe-haven demand for the Dollar amid geopolitical headlines could weigh on the pair. This tug-of-war sets the stage for heightened volatility in the EUR/USD daily chart technical and fundamental analysis.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
From a technical perspective on the EUR/USD H4 chart, the price is currently consolidating between the 0.786 Fibonacci retracement level near 1.1708 and the 0.618 Fibonacci support around 1.1643, trapped between two converging trend lines. A long-term bullish trendline starting from February 2025 has provided consistent support, showing that the pair has been in a general uptrend throughout 2025, albeit with several corrections. On the other hand, a bearish descending trendline from July 2025 continues to act as resistance, preventing a breakout to the upside. The pair is ranging within these opposing pressures, and traders must watch closely which boundary will break first. Currently, the price action is leaning towards the lower half of the Bollinger Bands, with the 0.618 Fibonacci level and the lower band acting as short-term support. Additionally, the Williams %R indicator at -88.46 signals oversold conditions, suggesting that a potential technical rebound may occur unless fundamental catalysts push the pair lower. For now, the EUR/USD price action outlook remains neutral-to-cautiously bullish, pending confirmation from upcoming news events.

•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
 

[Capitalcore]

Dow Jones Daily Chart Fundamentals and Indicators Review

The Dow Jones Industrial Average, widely recognized as the "US30" and affectionately nicknamed "the Dow," is one of the most prominent equity indices, comprising 30 significant publicly traded companies in the United States. It serves as a vital indicator of the U.S. economic landscape. Fundamentally, today's focus is directed toward several key economic events, including a speech by Federal Reserve Bank of Atlanta President Raphael Bostic, anticipated jobless claims data, manufacturing and services PMI figures, Philadelphia Fed Manufacturing Index, existing home sales, and changes in natural gas inventories. Investors will closely monitor President Bostic's commentary on monetary policy, alongside employment and purchasing managers' indices data, as positive outcomes here are expected to bolster market confidence and support bullish sentiment for the US30.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
From a technical perspective, analyzing the Dow Jones US30 4-hour chart, the candles have been consistently aligning with a bullish trendline, despite a single unsuccessful breakout attempt, suggesting strong bullish dominance. Currently, price action has entered a corrective phase and trades sideways around the Fibonacci retracement level of 0.236. A breakout below the support seems improbable given the prevailing bullish momentum; however, continued corrective movements could lead the index toward the Fibonacci level 0.382. Conversely, bullish continuation would likely target the previous resistance high around 45341. Bollinger Bands indicate consolidation with bands narrowing, signaling an imminent expansion and potential volatility. The middle band currently aligns with the latest candle, suggesting near-term equilibrium. The MACD histogram is positioned at -20, the MACD line at 18, below the signal line at 37, indicating mild bearish sentiment in the short term. RSI is hovering at approximately 49.85, reflecting a neutral momentum stance.

•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

[Capitalcore]

USD CAD chart bullish trend continuation outlook

The USD/CAD forex pair, known as the "Loonie," reflects the exchange rate between the U.S. Dollar and Canadian Dollar, and is a key pair for traders following North American economic ties. Today’s USD focus is on a series of high-impact Federal Reserve events, with Boston Fed President Susan Collins and Cleveland Fed President Beth Hammack scheduled to speak, while the centerpiece is Fed Chair Jerome Powell’s remarks at the Jackson Hole Economic Policy Symposium. Any hawkish tone could strengthen the U.S. Dollar, as traders will interpret it as a signal for prolonged higher interest rates. On the Canadian side, Retail Sales data will be released, providing insight into consumer demand. Strong figures could support the CAD, but any weakness may weigh on the currency, particularly if Powell signals further Fed tightening. Given the significance of today’s U.S. and Canadian news, volatility in USD/CAD is expected, making this a critical session for both fundamental and technical traders analyzing the USD/CAD daily chart technical and fundamental analysis.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Looking at the USD/CAD H4 chart technical analysis, the price shows a correction is being started after the long and strong bearish trend that happened from February 2025. As visible in the image, the pair is now moving upward, signaling a bullish reversal. The Ichimoku indicator supports this trend as the price trades above the green cloud. The lower band of the cloud is flat, while the upper band is moving higher, and the cloud has widened slightly, which confirms strengthening bullish momentum. The cloud being green further reinforces this bullish sentiment. Additionally, the %R indicator currently sits at -12.20, indicating that the pair is in overbought conditions, meaning that while momentum remains strong to the upside, traders should anticipate potential short-term pullbacks or consolidation before another leg higher. This aligns with price action analysis that suggests the USD/CAD bullish trend continuation is intact on the H4 timeframe.

•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

[Capitalcore]

Kiwi Dollar Technical and Fundamental Insights

The NZD/USD forex pair, often nicknamed the “Kiwi”, represents the exchange rate between the New Zealand Dollar and the US Dollar. This pair is widely followed by traders for its sensitivity to commodity prices, interest rate differentials, and economic indicators from both New Zealand and the United States.
From a fundamental perspective, today’s NZD/USD price action is likely to be influenced by New Zealand’s retail sales data, which measures the total value and volume of inflation-adjusted sales, including and excluding automobiles and gas stations. Stronger-than-expected retail sales, signaling robust consumer spending, would typically be bullish for NZD. On the USD side, traders will focus on the New Residential Sales data and any hawkish commentary from Federal Reserve Bank of Dallas President Lorie Logan. Positive U.S. housing data or hawkish signals could strengthen the USD and apply downward pressure on NZD/USD. Considering these releases, the Kiwi may experience short-term volatility, with potential rebounds if NZ retail sales surprise on the upside, but downward pressure could persist if U.S. indicators are stronger than expected.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the H4 chart of NZD/USD, the price is moving in a bearish trend within a downward channel, fluctuating between the upper and lower channel boundaries. Recently, after touching the bottom of the channel, the price rebounded toward the middle, yet it remains below the Ichimoku Cloud, which has expanded and turned red, signaling continued bearish momentum. The last candle is near the Ichimoku Base Line (Kijun-sen), which has acted as resistance so far. Additionally, the %R 14 indicator is at -11.01, indicating the pair is approaching overbought levels in the short-term bounce, suggesting that the bearish trend may resume after the current corrective move. Overall, NZD/USD is showing bearish dominance with short-term upward corrections, and traders should watch the Ichimoku levels and %R for potential reversals or continuation of the downtrend.

•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
 

[Capitalcore]

Technical Correction or Bullish Resumption for GBP USD

GBP/USD, commonly referred to as "Cable," is one of the most widely traded forex pairs globally. It represents the British Pound against the US Dollar and is known for its volatility and liquidity. Today, fundamental analysis highlights key economic events influencing both currencies. For GBP, the British Retail Consortium (BRC) price data release and a speech by Bank of England MPC Member Catherine Mann could impact sentiment, especially if the BRC figures indicate rising inflation or if Mann hints at a more hawkish monetary stance. On the USD side, speeches from Federal Reserve officials John Williams and Thomas Barkin, combined with reports on Durable Goods Orders and housing indices, could drive volatility—particularly if hawkish tones or stronger-than-expected economic data emerge, supporting the dollar's strength.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Analyzing the GBP/USD H4 chart reveals an overall bullish trend currently undergoing a bearish correction. The recent price action suggests the correction phase might have concluded, with prices stabilizing around the 0.236 Fibonacci expansion level. If bullish momentum resumes, targets at 0.382 or 0.5 Fibonacci levels are likely. However, continued bearish pressure could see the pair testing support around the historically significant 1.33989 level. Ichimoku analysis indicates a flat Senkou Span B above current candles, suggesting possible consolidation. MACD shows the histogram at 0.00058, with the MACD line just above zero at 0.00007 and the signal line at -0.00051, implying tentative bullish signals. Meanwhile, the RSI hovers near neutral at 46.33, indicating market indecision.

•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