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EUR/USD Forecast: Bearish Momentum Dominates H4 Chart The EUR/USD currency pair, often referred to as the "Fiber," is the most traded currency pair globally, representing the relationship between the Euro (EUR) and the US Dollar (USD). It’s fundamental outlook is highly influenced by macroeconomic indicators and central bank decisions in both the Eurozone and the United States. With its liquidity and volatility, EUR/USD serves as a benchmark for global currency markets. For Today's EUR/USD news analysis the focus revolves around significant upcoming news events. The Federal Reserve's Mary Daly's Bloomberg TV interview is crucial as her remarks may provide insights into future monetary policy, potentially strengthening the USD if perceived hawkishly. Key economic releases like the U.S. PCE index and Personal Income/Spending reports will shape expectations for inflation and consumer behavior, impacting the USD's trajectory. Concurrently, Eurozone's Producer Price Index (PPI) and Consumer Confidence data are vital to assess economic health, with better-than-expected data potentially supporting the Euro. As both economies grapple with inflationary challenges, these data points will steer the Fiber's direction in the short term. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. The H4 chart for EUR/USD indicates the pair’s bearish bias with recent sharp declines. The Parabolic SAR, positioned above the price candles, confirms the ongoing downtrend, signaling further downside risk unless a reversal is triggered. Meanwhile, the MACD exhibits negative momentum with a bearish crossover and histogram bars deepening below the zero line, underscoring strong selling pressure. The Fiber’s Price action has tested the critical support level of 1.0350, a psychological zone. However, if this support holds, a pullback to the resistance zones at 1.0413 or 1.0468 could occur. Overall, the EUR/USD technical analysis today suggest continued caution for bulls until a breakout or a trend reversal pattern emerges. • 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
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USDJPY Price Prediction Daily Technical Analysis The USDJPY, often referred to as the "Ninja," is a widely traded currency pair that represents the exchange rate between the U.S. Dollar (USD) and the Japanese Yen (JPY). This pair is influenced heavily by interest rate policies and economic events from the Bank of Japan (BOJ) and the U.S. Federal Reserve, making it a key focus for forex traders worldwide. Today, the Bank of Japan's tentative monetary policy announcements and Governor speeches will dominate the JPY's outlook. Any hawkish stance or unexpected positive signals regarding Japan's economic growth could strengthen the Yen, causing a pullback in USDJPY. However, with the U.S. releasing crucial economic data, including GDP figures and Initial Jobless Claims, the Dollar could gain momentum if data shows robust economic growth or lower unemployment claims. Traders will closely watch these releases, as they provide a clear signal on future Federal Reserve policy directions, particularly regarding inflation and interest rate hikes. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. From a technical perspective on the H4 chart, USDJPY remains firmly in a bullish trend within an upward price channel. The price is trading above the Ichimoku Cloud, a strong bullish signal, and has reached the 0.236 Fibonacci retracement level near 154.63, which now acts as short-term resistance. Should this level break, the next target could be the upper boundary of the price channel around 155. Meanwhile, the Williams %R (14) indicator, currently at -14.00, shows overbought conditions, signaling a potential temporary correction before another upward move. A bounce off the channel support around 153.55 would validate continued bullish price action, while a break below could indicate a deeper retracement toward the 152.71 level. 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
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GBP/USD H4 Chart Analysis: Bollinger Bands and RSI Insights The GBPUSD forex pair, commonly known as "Cable," is one of the most actively traded currency pairs globally, reflecting the exchange rate between the British Pound (GBP) and the US Dollar (USD). It plays a significant role in international trade and investment, given its historical importance and liquidity. The pair’s fundamental outlook is heavily influenced by macroeconomic news from both the UK and the US, making it a key focus for traders seeking opportunities in the forex market. For the GBP/USD news analysis today, upcoming US Building Permits and Housing Starts data are crucial for gauging future construction activity, a leading indicator of economic health in the United States. If the actual results exceed forecasts, it is likely to strengthen the USD, potentially pushing GBPUSD lower. On the UK side, Consumer Price Index (CPI) and Producer Price Index (PPI) data are central as they provide critical insights into inflationary pressures. Higher-than-expected inflation data could bolster expectations of tighter monetary policy from the Bank of England (BoE), supporting the GBP. Additionally, traders will monitor crude oil inventories due to their indirect impact on USD through global economic sentiment. The Federal Reserve's forward guidance on monetary policy remains a focal point, and any hawkish signals could strengthen the dollar further, maintaining the risks of a GBP/USD bearish bias. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. The GBPUSD H4 chart shows a notable bullish recovery after a recent decline. The Bollinger Bands indicate that Cable’s price action is attempting to break above the middle band (20-SMA), a key dynamic resistance. If this breakout sustains, the pair could aim for the upper Bollinger Band near 1.2727, signaling further GBP/USD bullish momentum. However, failure to hold above the middle band may result in a pullback toward the lower support levels at 1.2668 and 1.2690. The Relative Strength Index (RSI) currently stands at 54.91, showing a moderate recovery and indicating neutral momentum. The RSI remains below the 70 overbought level, suggesting room for further upside. If buying pressure continues, GBPUSD could challenge recent highs; however, traders should watch for potential reversals near key resistance zones. Overall, GBPUSD's technical outlook today remains cautiously bullish as long as it stays above the 1.2668 support zone. • 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
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Technical Outlook for BTCUSD H4 Price Action The BTC/USD pair, often referred to by “Bitcoin-Dollar,” represents the exchange rate between Bitcoin and the US Dollar. As a highly volatile instrument, it bridges the worlds of cryptocurrency and forex trading, drawing interest from both long-term investors and short-term traders due to its dynamic price movements and sensitivity to market news. Today, the spotlight is on the USD’s Core Retail Sales and Retail Sales m/m data, with expected figures at 0.4% and 0.6%, respectively. Positive retail sales figures typically strengthen the US Dollar, potentially applying downward pressure on BTCUSD as the USD side of the pair gains strength. However, Bitcoin's strong fundamentals, including increasing institutional adoption and the prevailing bullish sentiment in cryptocurrency markets, may counterbalance USD strength, keeping BTCUSD supported above key levels. With Bitcoin’s role as a hedge against fiat currency debasement and its ongoing integration into traditional financial systems, the long-term outlook remains decidedly bullish. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. The BTCUSD H4 chart reveals a robust and consistent bullish trend, reflecting strong momentum that has been driving prices upward within a clearly defined bullish channel. The RSI, currently hovering near the overbought territory around the 70 level, suggests that while the pair may face a short-term pullback or consolidation due to overextension, the broader trend remains firmly upward. This overbought condition often indicates heightened buying pressure and trader optimism, reinforcing the overall bullish outlook. Supporting this momentum, the Ichimoku cloud analysis paints an equally optimistic picture. The green cloud signals sustained upward pressure, while a bullish crossover between the Kijun-sen and Tenkan-sen lines further strengthens the probability of continued upward price movement. This alignment of key technical indicators underscores a highly favorable environment for Bitcoin’s price action, as it trades confidently within a structurally sound bullish channel. As long as the price remains within this channel, the potential for further upside remains significant. Combining the supportive indicators and broader market sentiment, BTC USD appears poised to push toward new highs, even if intermittent pullbacks or consolidation phases occur in the near 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
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GOLD Chart Analysis for Bearish Trend on H4 Gold, commonly known as “the yellow metal”, is traded as GOLDUSD or XAUUSD and remains a critical safe-haven asset in times of economic uncertainty. Today, traders are watching significant USD news releases, including the New York Manufacturing Index and PMI data for both manufacturing and services. Positive US data could strengthen the USD, exerting downward pressure on XAUUSD, while weaker results may boost gold as investors shift to safety. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. On the GOLDUSD H4 chart, the price has been in a bearish trend, with several consecutive red candles before last week's market close. After opening this week, the price touched the upper cloud section, indicating weakening bullish strength. The price also broke below the 0.382 Fibonacci retracement level at 2,654.55, which now acts as immediate resistance, with further downside potential toward the 0.5 Fibonacci level at 2,632.17. The Williams %R indicator is currently at -96.16, signaling oversold conditions, which may lead to a short-term bounce but does not negate the bearish momentum. Immediate support is now located at 2,632.17, aligning with the 0.5 Fibonacci level, while resistance is seen at 2,677.72 near the cloud boundary. If buyers cannot regain control, the next support at 2,609.79 could come into focus. • 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
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GBPJPY Price Forecast: Key Trends on the H4 Chart The GBP/JPY forex pair, often referred to as the "Dragon" in the trading community, is a highly volatile cross-currency pair that does not include the US dollar. It combines the strength of the British pound (GBP) with the relative stability of the Japanese yen (JPY), offering unique opportunities for traders due to its sensitivity to risk sentiment and economic data from both the UK and Japan. For today’s GBP/JPY news analysis, the GBP is under scrutiny with key releases, including consumer confidence (GfK), GDP growth, and manufacturing production, all of which provide insights into the economic health of the UK. Positive surprises in GDP growth and manufacturing output may strengthen the GBP, while weaker data could put downward pressure on the pair. Simultaneously, the JPY remains reactive to global risk sentiment and Japanese industrial production data. If risk aversion prevails, the JPY may see inflows, potentially pushing GBPJPY’s prices lower. Traders should carefully assess these releases, as their outcomes will significantly influence short-term price movements in the pair. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. The H4 chart of GBP/JPY shows the pair trading near the Ichimoku Cloud, a critical area for gauging momentum and trend direction. Currently, the Dragon’s price action is attempting to break below the Tenkan-sen (blue line) and Kijun-sen (red line), signaling a potential GBPJPY bearish bias if confirmed. The Ichimoku Cloud itself acts as dynamic support and resistance, and the thin green cloud ahead suggests limited bullish momentum unless the pair finds support. The pair’s technical analysis today with the MACD indicator reflects a bearish crossover with the MACD line dipping below the signal line, indicating increasing bearish momentum. Additionally, the histogram shows weakening bullish momentum as it moves closer to the zero line. This confluence of bearish indicators suggests the possibility of further downside movement unless strong support emerges near 192.50. Traders should monitor for a confirmed break below the Ichimoku Cloud for further bearish confirmation or a reversal signal for renewed bullish activity. • 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
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Daily Chart AUDUSD Fundamental Trend Outlook The AUD/USD currency pair, often called the “Aussie,” is a major Forex instrument that reflects the economic health of both Australia and the United States. With Australian Employment Change and Unemployment Rate data due for release, traders will closely watch these key labor-market indicators to gauge the pace of Australia’s economic recovery, while upcoming US releases, including Core PPI, PPI, and Unemployment Claims, will offer insight into inflationary pressures and employment trends in the US. Overall, these fundamental factors could drive significant price action in the AUD USD daily chart, as investors anticipate shifts in monetary policy and risk sentiment. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. On the AUDUSD H4 chart, the price is in a bearish trend with bearish candles moving below the Ichimoku cloud, hovering around the 0.236 Fibonacci retracement level which can work as the first support level, while the RSI is trending lower, suggesting potential oversold conditions that may limit immediate downside. The AUD-USD daily chart technical and fundamental analysis indicates that if the pair breaks below this key support, it could open the door to further declines, but any signs of improving economic data or easing US inflation could offer buying opportunities and spark a reversal in the 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
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BTCUSD Technical Analysis and Key Price Levels BTCUSD, often referred to as "Digital Gold," represents the trading pair of Bitcoin (BTC) and the US Dollar (USD). Bitcoin, the leading cryptocurrency by market cap, is known for its decentralized nature and finite supply, while the US Dollar remains the world's dominant reserve currency. The BTCUSD pair is a favorite among traders due to its high volatility and significant role in bridging traditional and digital finance. Today, BTCUSD is influenced by a mix of fundamental drivers. The upcoming NFIB Small Business Optimism Index and Bureau of Labor Statistics reports on productivity and labor costs are crucial for gauging US economic strength. Higher-than-forecast optimism among small businesses or robust productivity growth can bolster USD strength, potentially pressuring BTCUSD lower. Meanwhile, OPEC's influence on energy markets can indirectly impact inflation expectations, influencing broader financial markets, including cryptocurrencies. Amid economic uncertainties, Bitcoin's role as a hedge against inflation remains relevant, but strong US data could challenge its appeal. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. The H4 BTCUSD chart highlights a bearish price action pattern, with consecutive negative candles signaling a downward momentum. After previously reaching an all-time high, BTCUSD has retreated and is now trading at $96,686.26, aligning with the 0.618 Fibonacci retracement level. This indicates a critical support zone, with further downside likely if the level fails to hold. The Williams %R indicator is oversold, suggesting potential short-term relief; however, the bearish trend remains dominant unless a clear reversal signal emerges. Traders should watch for a break below the Fibonacci level or a reversal signal supported by volume. • 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
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EURUSD Market Sentiment and Price Action Analysis EURUSD, often referred to as "Fiber," is the most traded currency pair in the forex market, representing the euro against the U.S. dollar. As the two largest economies in the world, the pair is highly liquid and sensitive to macroeconomic events, making it a central focus for traders analyzing global markets. Today, EURUSD pair is influenced by key fundamental drivers. On the EUR side, the Sentix Investor Confidence data will shed light on investor sentiment, with optimism indicating stronger economic outlooks for the Eurozone. Additionally, the Eurogroup meeting could influence euro strength through discussions on economic policies and government finances. On the USD side, Final Wholesale Inventories data will provide insights into business spending trends, with lower-than-forecasted inventories generally boosting the dollar. The interplay of these events may create volatility in EUR-USD, with attention on whether the eurozone’s economic optimism can outweigh potential dollar strength. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. The EUR/USD H4 chart reveals a slight bullish trend, with the price trading above the Ichimoku Cloud, indicating a potential continuation of upward momentum. However, the price is currently hovering near the 0.618 Fibonacci retracement level, though it has dipped slightly below it, suggesting strong resistance at this level. The Williams %R indicator shows the pair is near the overbought region, signaling caution for further upside potential without a correction. A breakout above the 0.618 Fibonacci level could trigger additional bullish momentum, while failure to hold above this zone may lead to consolidation or a retracement toward the Ichimoku Cloud’s lower boundary. • 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
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EUR/CAD Analysis: Industrial Output, Jobs Data, and Trade Balance The EUR/CAD forex pair represents the exchange rate between the Euro and the Canadian Dollar, with the Euro being the official currency of the Eurozone and the Canadian Dollar (CAD) the official currency of Canada. Commonly referred to as the "Euro-Loonie," the EUR/CAD daily news outlook is highly influenced by economic indicators from both regions, including employment data, inflation figures, and trade balances. As of today, key EURCAD fundamental signals impacting the market include the Eurozone's industrial output and foreign trade data, while Canadian economic reports on job creation, the unemployment rate, and the PMI for manufacturing will provide additional insight into the outlook for the CAD. Looking at today's economic calendar, the Eurozone's industrial output and foreign trade data are expected to be crucial. Stronger-than-expected industrial output could signal an uptick in economic activity, potentially supporting the Euro. Meanwhile, the Canadian employment data, including job creation and the unemployment rate, will be pivotal for determining the strength of the Canadian Dollar. If Canada reports solid job growth or a decline in unemployment, the CAD may strengthen as it signals a robust domestic economy. Additionally, the Manufacturing PMI from Canada will offer more insight into business sentiment, and any positive results would likely further support CAD strength and together with the USD singals, cause a shift in the pair’s forecast today. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. The EUR/CAD H4 technical analysis today shows this pair’s price action influenced by key technical indicators, particularly the Stochastic Oscillator and the Ichimoku Cloud. The Stochastic Oscillator appears to be showing signs of overbought conditions, suggesting a potential reversal or consolidation in the near term. The Ichimoku Cloud is indicating a current EURCAD bullish trend, as the price is above the Cloud, with support at the Senkou Span B level. However, caution is advised as the Stochastic's overbought signal could lead to a pullback. A break below the Ichimoku Cloud could invalidate the Euro-Loonie bullish outlook, turning its bias neutral or even bearish. Traders will need to monitor the price action relative to these indicators for potential entry or exit points. • 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
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Gold/EUR Price Action and Key Technical Indicators The Gold/EUR pair represents the Euro's value in terms of gold, a critical safe-haven asset. This pair is influenced by Eurozone economic data, global risk sentiment, and gold's intrinsic role as a hedge against inflation and market uncertainty. Today’s focus is on significant Eurozone reports, including the French Government Budget Balance, which widened to -173.8B, and Spanish Unemployment Change, which rose to 29.3K, surpassing the previous figure of 26.8K. These reports highlight fiscal challenges and rising unemployment in Europe, potentially weighing on the Euro. Gold, on the other hand, remains a primary focus for investors amid global economic uncertainty, offering protection against currency devaluation. The combination of weaker European data and gold's appeal as a risk-off asset will likely contribute to volatility in the Gold EUR pair, especially as it approaches critical support and resistance levels. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. Gold/EUR price action reflects a consolidation phase, with key resistance at 2512.500–2530.00 acting as a ceiling for upward movement. This resistance zone has been tested multiple times, but the inability to breach it suggests strong selling pressure. Meanwhile, the green support zone at 2485.00–2500.00 has consistently absorbed downward moves, highlighting robust demand for gold at lower levels. The 100-period Moving Average (MA) reinforces the support zone, maintaining the medium-term bullish structure. However, the negative volume divergence raises concerns about the strength of the current trend. Without an increase in volume, a sustained breakout above resistance or a breakdown below support appears unlikely. Traders should monitor these zones closely for any decisive price action. If the price breaks above the resistance zone, a bullish continuation could target higher levels, driven by renewed buying interest. Conversely, a breach of the support zone could lead to a deeper retracement, particularly if the 100-period MA fails to hold. Today’s weak Eurozone data, including the widening French budget deficit and rising Spanish unemployment, may increase bearish pressure on the Euro, bolstering gold's safe-haven appeal. • 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
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AUDUSD Price Action and Fibonacci Retracement Overview The AUDUSD, often referred to as the "Aussie," is a widely traded currency pair representing the Australian Dollar against the US Dollar. The pair is heavily influenced by global commodity prices, especially metals and energy, as Australia is a major exporter. Today's market focus revolves around key US and Australian data, including the Purchasing Managers' Index (PMI) from the US and the Melbourne Institute Consumer Price Index (CPI) for Australia. The USD is expected to react strongly to PMI figures, which provide insights into manufacturing activity, while Australia's CPI will give clues about inflation trends. Fundamentally, the AUDUSD may experience heightened volatility due to diverging macroeconomic indicators. Positive PMI data from the US could strengthen the USD, signaling expansion in the manufacturing sector and boosting expectations for a resilient economy. Conversely, Australia's CPI data will likely influence the AUD if it signals higher-than-expected inflation, which could prompt hawkish sentiments from the Reserve Bank of Australia (RBA). Traders should also monitor commodity prices and construction activity reports, which significantly impact the Aussie’s movement. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. On the H4 chart, AUDUSD appears to be in a mild bullish trend, although recent bearish candles indicate some downside pressure. The price is currently interacting with the Ichimoku cloud, suggesting a potential reversal zone or consolidation phase. Notably, the price is oscillating between the 0.382 and 0.5 Fibonacci retracement levels, highlighting key support and resistance areas at approximately 0.6480 and 0.6525, respectively. The last two candles are bearish, which may signal a short-term pullback. The RSI is hovering near 50, indicating a neutral momentum, with no strong overbought or oversold conditions. If the price breaks above the Ichimoku cloud and the 0.5 Fibonacci level, it could continue its bullish trajectory toward the 0.786 Fibonacci level around 0.6620. However, if the bearish momentum persists, a drop below the 0.382 level could open the door for further declines toward the 0.236 Fibonacci level around 0.6430. • 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
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EURCAD Analysis: MACD Crossover Supports Bullish Momentum The EUR/CAD currency pair, sometimes referred to as "Euro-Loonie," represents the exchange rate between the Euro, the official currency of the Eurozone, and the Canadian Dollar, the official currency of Canada. The EURCAD prices are often seen as a barometer for economic trends between the Eurozone and Canada, two major global economies. As traders look to assess the relative strength of these currencies, EURCAD provides insight into the broader health of the global economy, driven by both regions' economic data and geopolitical factors. The Eurozone's economic landscape today sees a mixed bag of data, with several reports expected to have an impact on EUR value. Notably, Eurozone retail sales and CPI data, as well as inflation reports from countries like Germany and France, could offer signals about future ECB monetary policy. As consumer spending and inflation in the Eurozone remain key drivers of future ECB rate decisions, any positive surprises in retail sales or inflation figures could push the EUR higher. In contrast, Canada is awaiting GDP data which, if stronger than expected, could provide support for the Canadian Dollar. The performance of CAD may be further influenced by oil price fluctuations, as Canada is a major oil exporter. The potential for stronger economic growth in Canada relative to the Eurozone could weigh on EUR/CAD’s forecast today. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. Looking at the EURCAD H4 chart, we get a look at the Euro-Loonie’s technical outlook where the Parabolic SAR is currently signaling the pair’s bullish trend, with its dots positioned below the price action. This suggests that the momentum remains positive, indicating that EUR may continue to outperform CAD in the short term. Meanwhile, the MACD (Moving Average Convergence Divergence) is showing a bullish crossover, with the MACD line moving above the signal line, reinforcing the idea of EURCAD’s upward price action. This combination of indicators suggests that EURCAD may continue to rise, particularly if the price maintains its position above key support levels. Traders should watch for any reversal signals or sudden shifts in momentum, particularly if upcoming Eurozone or Canadian data surprises the market. • 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
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EURAUD H4 Technical Setup with Fundamental Drivers The EURAUD forex pair, often referred to as the "Euro Aussie," represents the exchange rate of the Euro (EUR) to the Australian Dollar (AUD). This pair combines the stability of the Eurozone economy with the commodity-driven volatility of the Australian Dollar, making it a dynamic instrument for traders. Today, the European consumer inflation data, including the German and Eurozone CPI releases, will dominate market sentiment. Higher-than-expected inflation numbers can strengthen the Euro as traders anticipate a more hawkish stance from the ECB. Conversely, dovish implications could arise from subdued CPI figures. On the Australian side, the RBA Governor Michele Bullock’s speech could influence sentiment, particularly if she signals a divergence in policy tone. The upcoming private capital expenditure report is another key release, with strong figures likely boosting AUD strength. With inflation and monetary policies as central themes, EURAUD could experience heightened volatility during today’s trading sessions. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. The EURAUD pair on the H4 chart has shown bearish momentum recently, with seven out of the last twenty candles being bearish. A bullish reversal is in progress as the price breaks above the Ichimoku Cloud—a bullish signal. The Ichimoku Cloud has turned green but remains thin, reflecting weak bullish momentum. The price is currently trading between the 0.382 and 0.5 Fibonacci retracement levels. While it briefly touched the 0.5 level, it failed to break through. A successful breach of this level could see the price rally toward the 0.618 Fibonacci level, with potential to extend toward the 1.0 level. However, the Williams %R indicator signals overbought conditions, cautioning against aggressive bullish positions. Traders should monitor for a confirmed breakout or a rejection at these resistance levels. • 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
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EUR/USD H4 Analysis: Bearish Trend Prevails Below Ichimoku Cloud The EUR/USD forex pair, often referred to as "Fiber," is the most traded currency pair in the world, representing the economic interplay between the Eurozone and the United States. The EURUSD prices serve as a barometer for global economic stability, influenced by key macroeconomic factors and central bank policies. As the week unfolds, traders are focusing on high-impact U.S. economic data such as the GDP second release, durable goods orders, and weekly unemployment claims, which hold the potential to drive the dollar's momentum. Today's Fiber Fundamental analysis, including the U.S. GDP second release, is anticipated to confirm robust economic growth, signaling continued strength in the U.S. economy. Durable goods orders, particularly excluding transportation, could provide further clues about manufacturing health and production outlooks. If these indicators outperform forecasts, it would reinforce the Federal Reserve's hawkish stance, boosting the dollar and exerting bearish pressure on EUR/USD. On the European side, GfK consumer confidence data will gauge sentiment in the Eurozone. With the Eurozone's economic backdrop remaining relatively muted, traders are likely to remain cautious ahead of these events. Image Chart Notes: • Chart time-zone is UTC (+02:00) • Candles’ time-frame is 4h. The H4 EUR/USD chart exhibits a clear bearish trend, as indicated by the price trading below the Ichimoku cloud. This EURUSD bearish bias aligns with the downward-sloping price channel, suggesting continued selling pressure in the near term. The RSI indicator is currently at 48.62, residing in the neutral zone, indicating a lack of strong momentum in either direction. However, it also highlights the possibility of a consolidation phase before the next significant move. The Ichimoku cloud's resistance near the 1.0500 level acts as a significant barrier for bullish attempts, while the price's failure to reclaim this level underscores bearish control. With the RSI failing to break above 50, buyers appear hesitant. A potential breakdown below 1.0440 could open the door for further downside toward the lower boundary of the descending channel around 1.0360. Conversely, a breakout above the cloud and channel resistance could trigger a short-term 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