Daily Market Forecast By Capitalcore

[Capitalcore]

ETH USD chart price action forecast

Ethereum (ETH), often nicknamed “digital silver” compared to Bitcoin’s “digital gold,” is the second-largest cryptocurrency by market capitalization and a key driver of decentralized finance and smart contracts. Against the US dollar (USD), the ETH/USD forex pair is closely watched by traders for both its blockchain innovation and correlation with dollar liquidity conditions. Fundamentally, today’s spotlight is on the US Dollar as several FOMC voting members including John Williams, Alberto Musalem, Stephen Miran, Thomas Barkin, and Beth Hammack are scheduled to speak at high-profile events hosted by the Federal Reserve, Brookings Institution, and other financial forums. Their tone on interest rate outlook and monetary policy will shape USD demand—hawkish remarks would strengthen the dollar and put downside pressure on ETH-USD, while dovish hints could support a rebound in Ethereum prices.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
On the ETHUSD H4 chart, the price is trading inside a side-trending convergent disjoint channel, with resistance near 4820 and support around 4050. Price action shows Ethereum moving into the narrowing Ichimoku green cloud, which has flattened at the leading span B level, signaling potential stagnation. ETH USD has also slipped below the Ichimoku conversion and base lines, and notably, 8 out of the last 10 candles are bearish, suggesting selling momentum. The MACD indicator adds confirmation: the MACD line has crossed below the signal line, and the last four histogram bars are red, all pointing to weakening bullish momentum. This convergence pattern within a disjoint channel highlights tightening price action, with a likely breakout coming soon as volatility compresses.

•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]

EURGBP Fundamental and Technical Forecast

The EUR/GBP, also known as "Chunnel," is a popular forex pair representing the Eurozone's euro and Britain's pound sterling, reflecting the economic interplay between two major European economies. Today’s fundamental news includes key data releases from both regions. The upcoming Purchasing Managers' Index (PMI) reports from the UK and the Eurozone will significantly influence market sentiment. Strong PMI numbers above 50.0 from either side could indicate economic expansion and provide bullish momentum to their respective currencies. Additionally, Bank of England's Chief Economist Huw Pill's comments at the Pictet Research Institute Symposium could introduce volatility to the pound sterling based on the tone regarding future monetary policy. Moreover, the UK CBI Industrial Order Expectations and Gilt Auction results will provide insights into Britain's economic health, influencing GBP strength and EUR/GBP price action.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
Technically, analyzing the EUR/GBP H4 chart, the candles are moving along a bullish trend, showing signs of sideways consolidation around the key resistance level at 0.87342, having repeatedly tested this level but failing to sustain a breakout. Currently, price action hovers within this critical zone. If historical price patterns continue, we can anticipate a price correction towards the previous support zone. Should bearish momentum strengthen, a potential pullback to the Fibonacci retracement level of 0.236 is possible. Indicator-wise, the MACD histogram is slightly bullish at 0.00010, with the MACD line at 0.00157 marginally above the signal line at 0.00147, suggesting mild upward momentum. The RSI (14) indicator, currently at an elevated 76.37, suggests the pair is overbought, potentially foreshadowing a corrective downturn. Bollinger Bands have expanded, indicating increased volatility, yet a contraction of the bands is anticipated soon, signaling reduced volatility ahead.

•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]

EUR/USD Steady as Eurozone Sentiment Improves

The EUR/USD, known as the “Fiber,” is the world’s most traded forex pair, reflecting the balance between the Eurozone and U.S. economies. Today, Eurozone sentiment showed mild improvement, with Germany’s ifo Business Climate at 89.3 vs. 89.0 and Belgium’s NBB Business Climate rising to -8.3 vs. -8.9, offering modest support for the euro. In the U.S., attention turned to President Trump’s UN speech for potential policy cues, while economic data painted a mixed picture: New Home Sales slightly missed forecasts (650K vs. 652K) but stayed strong, and Crude Oil Inventories surprised with a 0.8M build vs. -9.3M draw, easing supply concerns. Together, these factors set a cautious tone, with EUR/USD traders weighing improving European business sentiment against steady U.S. fundamentals.

Chart Notes:
• Chart time-zone is UTC (+03:00)
• Candles’ time-frame is 4h.
From a technical perspective, EUR/USD remains in a steady upward channel, with price currently trading near 1.1815 after bouncing from the lower boundary. The Ichimoku Cloud shows bullish momentum as price holds above the cloud, though resistance around the mid-channel zone could limit gains in the short term. The RSI at 59 signals positive momentum but is not yet in overbought territory, leaving room for further upside. If bulls maintain control, the pair could retest the channel’s upper boundary near 1.1900, while a break back below 1.1760 and the Ichimoku cloud support would shift bias toward consolidation or downside correction.

•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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