Exchange Blog Cryptocurrency Blog
-
Posts
100 -
Joined
-
Last visited
Everything posted by Capitalcore
-
EUR/USD Forecast: Impact of Fed and ECB Policies The EUR/USD forex pair, often referred to as "Fiber," is one of the most liquid and widely traded currency pairs in the world, reflecting the economic relationship between the Eurozone and the United States. Traders closely watch both the European Central Bank (ECB) and the Federal Reserve for monetary policy decisions that impact this pair. Today, EUR news from Destatis on the trade balance is expected to influence the EURUSD market sentiment, as a positive number could boost the Euro. Meanwhile, a series of speeches from key Federal Reserve members, including Philip Jefferson and Raphael Bostic, could provide insights into the future direction of U.S. interest rates, with any hawkish tone likely to support the USD, putting pressure on the Fiber’s exchange rate. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. In the uploaded EUR/USD H4 chart, the MACD shows signs of the pair’s weakening bearish momentum, as the histogram bars have reduced in size, signaling a possible shift in its market sentiment. Although the MACD line remains below the signal line, the reduction in downward pressure indicates that the bearish trend might be slowing down. Additionally, the Stochastic RSI is in overbought territory, suggesting that the recent upward correction may be nearing exhaustion, and a potential reversal to the downside could be on the horizon. Together, these indicators point to a cautious EUR/USD technical outlook, with the possibility of a bearish continuation if overbought conditions persist. • 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
-
Key Support and Resistance Levels for XAU/USD The XAU/USD pair represents the price of gold in terms of the U.S. Dollar. Gold, often referred to as a safe-haven asset, plays a crucial role in global markets, particularly in times of economic uncertainty. The pair is actively traded by investors looking to hedge against inflation, economic instability, or as part of broader portfolio diversification strategies. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. The 4-hour chart of XAUUSD shows the price consolidating within a symmetrical triangle pattern, indicating a period of indecision in the market. This triangle is formed as the price makes lower highs and higher lows, compressing into a smaller range. Both the Ichimoku Cloud and the RSI indicators are signaling mixed momentum, with the price hovering near key support levels. The RSI at 44.99 suggests neutral momentum, with room for further movement in either direction, while the cloud reflects mild bullish support but not strong enough to confirm a clear uptrend. If the price breaks above the upper trendline of the triangle, it could signal a bullish continuation, potentially targeting the $2,650 level. Conversely, a break below the lower boundary could push the price toward the support near $2,600 or even lower. Traders are likely waiting for a breakout from this consolidation phase, as the current setup suggests an impending move, but the direction remains uncertain until 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
-
USDJPY Daily Chart Technical Setup and Indicators The USD/JPY forex pair, commonly known as the "Gopher," is one of the most actively traded pairs in the forex market, linking the U.S. dollar and the Japanese yen. It is highly sensitive to changes in U.S. monetary policy and Japanese economic data, making it a key indicator of the strength of the two largest economies. With the Federal Reserve expected to discuss potential hawkish adjustments in upcoming events today, including Federal Reserve Governor Michelle Bowman's participation in the Independent Bankers Association of Texas Annual Convention and Neel Kashkari's fireside chat, traders are keen to monitor any signals regarding future interest rate hikes. Increased hawkish sentiment could boost the USD, while dovish remarks could cause the USD/JPY pair to retract. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. On the technical side, the USD/JPY H4 chart shows strong bullish momentum as the price is positioned near the upper Bollinger band, indicating a sharp upward movement. The Bollinger bands have widened, signaling increased market volatility, while the price has been climbing at a steep 50-degree angle. The Fibonacci retracement levels highlight key areas of support and resistance, with the price trading between the 0 and 0.236 Fibonacci levels, suggesting that the price could be testing higher resistance. The MACD histogram also shows bullish sentiment, with a positive MACD line crossing, further reinforcing the upward momentum. However, traders should remain cautious for any possible corrections as the price approaches significant 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
-
USD/CAD Bullish Momentum on H4 Chart The USD CAD currency pair, also known as the "Loonie," represents the exchange rate between the US dollar (USD) and the Canadian dollar (CAD). As a major forex pair, it is influenced by a variety of economic factors from both countries, including energy prices, monetary policies, and economic data releases. The Loonie pair is often traded by investors looking to capitalize on the strength or weakness of the US dollar relative to the Canadian dollar, with a particular focus on macroeconomic trends and oil price fluctuations. Today's economic calendar includes significant data releases such as the US Non-Farm Payrolls (NFP) and Unemployment Rate, which are likely to have a strong impact on USD performance. An increase in NFP or a lower-than-expected Unemployment Rate would bolster the USD, potentially pushing USDCAD price higher, while weaker-than-expected data could weigh on the currency. Meanwhile, Canada’s Ivey PMI, a key gauge of business conditions, is also in focus. A stronger-than-forecast reading from the PMI would be bullish for the CAD, potentially limiting any USD strength. Additionally, hawkish comments from John Williams of the Federal Reserve could boost the dollar as traders anticipate tighter monetary policy in the future. All these factors create a high level of volatility in the USD/CAD market, making today a key moment for traders of the pair. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. On the technical side, the USD/CAD H4 chart shows a clear bullish trend, with 8 of the last 10 candles closing in the green. The price is currently testing the 0.382 Fibonacci retracement level at 1.35534, with bullish momentum pushing towards higher levels. The MACD histogram is showing increasing bullish momentum, and the MACD lines are in the process of a bullish crossover, signaling continued upward pressure. The Awesome Oscillator (AO) is also positive, reinforcing the bullish sentiment. The USD/CAD price is trading within a rising channel, indicating a steady uptrend, and if it breaks through the 0.382 Fibonacci level, the next resistance is likely at the 0.236 level around 1.35800. Overall, the chart signals potential further upside, but the 1.35534 level remains a crucial hurdle for bulls to overcome. 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
-
EUR/USD Forex Pair Outlook: H4 Chart Insights The EUR/USD forex pair, often called the "Fiber," is one of the most widely traded currency pairs globally, representing the strength of the Euro against the U.S. dollar. Forex traders closely watch macroeconomic indicators from both economies, including inflation, interest rates, and economic growth metrics, as they are key drivers of EURUSD market movements. Today, a key focus for EUR USD traders is the Purchasing Managers’ Index (PMI) from both the Eurozone and the U.S. A PMI reading above 50 for the Eurozone indicates economic expansion, while a figure below 50 would signal contraction, likely affecting the euro's strength. Meanwhile, U.S. labor data, particularly the jobless claims report, can influence the dollar depending on how the figures compare to market forecasts. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. On the EURUSD H4 chart, the pair’s price action shows a clear downtrend within a descending channel. The last five candles have displayed mixed momentum, with three bullish green candles followed by two bearish red candles. The Parabolic SAR dots are positioned above the price, indicating continued selling pressure and the Fiber’s bearish outlook. Additionally, the MACD indicator is showing a bearish bias, with the histogram in negative territory and both the MACD and signal lines trending downward. This suggests that the bearish momentum may persist in the near term as long as the price remains under pressure from both the Parabolic SAR and the weakening MACD. 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
-
GBP/USD Forecast: Downside Risk as Channel Breaks The GBP/USD pair, commonly known as “Cable,” is one of the most traded forex pairs in the global currency market, representing the British Pound and the US Dollar. Traders focus on key economic data from both countries, as the pair reacts strongly to macroeconomic indicators, central bank actions, and geopolitical developments. This currency pair’s movement is often influenced by the monetary policies of the Federal Reserve (Fed) and the Bank of England (BoE), making it sensitive to both economic news and interest rate decisions. The GBP/USD fundamental outlook today will as always be highly impacted by today’s key releases from the US, including the ADP employment report, which gives early insights into job creation before the official US government data. A stronger ADP report would favor the US Dollar, leading to potential bearish pressure on the GBP/USD trading environment. Additionally, speeches by various Federal Reserve members, such as those from the Cleveland and St. Louis branches, could shed light on future interest rate policies. Any hawkish commentary would strengthen the dollar, putting further downward pressure on the pair. For the GBP side, the market will closely watch the BoE’s recent stress test results to gauge financial stability, which could affect the pair’s volatility. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Looking at the GBP/USD H4 chart, the price has been moving in a channel, but its recent price action shows a break of the channel’s lower boundary. The last five candles reflect a transition from a bullish momentum (green candles) to a bearish reversal (red candles). the Ichimoku cloud (Kumo) is showing signs of potential GBPUSD bearish pressure. The price has broken below the upward channel and is now testing the lower boundary of the cloud, indicating a shift in momentum. The cloud itself is relatively thin, suggesting that the current support level is weak. The stochastic oscillator shows oversold conditions, suggesting that although there is bearish momentum, a corrective pullback might be expected soon. Further downside could see the pair targeting support levels near the 1.3200 area. •DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes.
-
BTC Price Forecast: Key Support Levels Bitcoin (BTC) is one of the most actively traded cryptocurrencies, and its price is closely followed by traders and investors worldwide. In the current analysis, the BTC/USD price is trading within an upward channel, showing a general bullish trend. However, the recent pullback has brought the price near the lower boundary of the channel, just above the Ichimoku cloud. If the price breaks below this cloud, it could signal the continuation of a bearish wave, possibly pushing BTC lower. Traders should watch for a break below the Ichimoku cloud as a key bearish signal. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. The RSI on the chart indicates a bearish momentum, currently sitting around 36, showing that the BTC price may be approaching oversold conditions. This could provide some short-term support, but if the price fails to hold above the current support level of around $63,000, a further decline could follow. Traders looking for BTC analysis, Bitcoin price forecast, and BTC price predictions should monitor this chart closely, as a confirmed break below the cloud could lead to deeper corrections toward the $60,000 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
-
EUR/USD H4 Chart Bullish Momentum Analysis The EUR/USD forex pair, often referred to as "Fiber," is the most traded currency pair globally, representing the exchange rate between the Euro (EUR) and the US Dollar (USD). The pair's performance is highly influenced by economic releases and geopolitical factors from the Eurozone and the United States, making it a key indicator for global market trends. With a multitude of events set to impact the pair today, traders are closely monitoring both European and U.S. developments, such as inflation data and central bank remarks, to gauge future price movements. Today's EUR USD outlook is shaped by several key factors. For the Euro, traders will focus on the Import Price Index and Consumer Price Index (CPI) reports from Germany and Italy, both critical indicators of inflation. If these metrics exceed forecasts, they would signal rising inflationary pressures, potentially prompting the ECB to take a more hawkish stance, boosting the Euro. Furthermore, ECB President Christine Lagarde's speech could provide insights into future monetary policies, adding potential volatility to the Euro. On the U.S. side, Michelle Bowman's and Jerome Powell's speeches are pivotal as traders look for clues regarding future interest rate hikes. Any signs of hawkishness from Federal Reserve officials could strengthen the U.S. Dollar, especially if coupled with positive results from the Chicago PMI. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. The EUR/USD H4 chart reveals a bullish price trend channel, with several alternating bearish and bullish candles. Currently, the EUR USD pair is situated between the 0.382 and 0.236 Fibonacci retracement levels, suggesting ongoing upward momentum. The recent two green candles confirm bullish sentiment, and the price is close to breaking above the 0.236 Fibonacci level, which if successfully breached, could lead the price toward the 0.0 Fibonacci level near 1.12150. The RSI hovers slightly above 50, suggesting a moderate bullish bias. Meanwhile, the MACD indicator shows flattening momentum, with the signal line close to crossing above the histogram, implying potential consolidation before a further upward move. Overall, the fiber’s technical indicators align with the view that a sustained move above 1.1180 could trigger further gains. • 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 Chart Bullish Momentum Outlook The GBP/USD currency pair, commonly known as "Cable," represents the exchange rate between the British pound and the US dollar. This pair is widely traded in the forex market due to the economic strength of both countries. Today's GBP USD fundamental analysis hinges on key economic data from both the UK and the US, with particular attention to the Confederation of British Industry's (CBI) Distributive Trades Survey for the UK and multiple reports from the US, including a speech by Federal Reserve Governor Lisa Cook and the release of key personal consumption and trade data. Fundamentally, GBPUSD could see volatility driven by these news events. Positive UK CBI data may boost the pound if sales volumes are better than forecasted, signaling consumer strength in the British economy. In contrast, the US dollar could strengthen if Federal Reserve Governor Lisa Cook gives hawkish signals about future monetary policy, or if consumer spending and trade data exceed expectations. Traders will focus on both countries' economic health, where strong US data could continue to support the dollar, while any weakness may allow the pound to rise against it, especially if UK retail figures outperform. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. In terms of technical analysis, the H4 chart for GBP/USD reveals a bullish trend. The price is moving within a rising channel and is positioned in the upper half of the Bollinger Bands, nearing the upper band, which often indicates strong bullish momentum. The price is also sitting between the 0.786 and 1 Fibonacci retracement levels, suggesting that it is approaching a critical resistance zone. Additionally, the RSI indicator shows the pair is not yet overbought but is approaching higher levels, suggesting that the bullish trend still has room to run before a potential reversal. Traders should watch for a breakout or rejection at these key Fibonacci levels, especially as fundamental news unfolds. • 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 Bullish Outlook with Strong Economic Data The USD/CHF currency pair, commonly referred to as the "Swissie," represents the exchange rate between the US Dollar (USD) and the Swiss Franc (CHF). This pair is influenced by global economic events and interest rate differentials between the US and Switzerland. Today’s market focus is on upcoming US economic data releases and Federal Reserve statements, which are expected to impact the USD. With US Federal Reserve Governor Adriana Kugler due to speak about the economic outlook, traders are watching for any signs of hawkish policies that could support the USD. Additionally, key economic indicators like the GDP data and jobless claims are expected to provide a clearer picture of US economic health. If these releases come out stronger than forecast, the USD could see a bullish reaction, lifting USD/CHF higher. Meanwhile, the Swiss National Bank’s previous stance on maintaining strict monetary policies provides ongoing support to CHF, but attention remains on future SNB meetings for potential policy shifts. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. In the uploaded H4 USD/CHF chart, technical indicators support a bullish outlook. The price has shown a sharp upward trend with five consecutive bullish candles, bouncing from the lower Bollinger Band and approaching the upper band, which aligns slightly above the 0.786 Fibonacci retracement level. The current price lies between the 0.618 and 0.786 Fib levels, indicating that it is testing resistance. Bollinger Bands suggest expanding volatility, while the MACD histogram shows an increasing bullish momentum with the lines crossing into positive territory, signaling potential for further upside. Traders should monitor whether the price breaks above the upper Bollinger Band, which could signal continuation, or if it meets resistance near the 0.786 Fib 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
-
BTC/USD Price Forecast: Bullish Momentum within Channel The BTC/USD pair has been trading within a well-defined bullish channel, as seen in the recent price action on the H4 chart. After a steady upward movement, the price has now entered a correction phase and is currently testing a key support zone near $63,273. This level represents a critical area to watch as the price approaches the lower bound of the ascending channel, offering a potential bounce-back point. Traders observing BTC price analysis and BTC/USD technical setups should note that the RSI is approaching neutral territory, suggesting that the recent bearish correction might be nearing its end. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. From a technical perspective, a hold above this support zone could indicate a continuation of the broader bullish trend. Should BTC/USD maintain support at current levels, there is a strong possibility of further upward movement towards $66,000 and beyond. However, a break below the channel could trigger a deeper pullback. For those monitoring BTC exchange rates and seeking insights into BTC price forecasts, this critical juncture in the price movement offers significant opportunities for both bulls and bears alike. Stay vigilant for further developments as the market consolidates within this key price range. • 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 Daily Chart Technical Overview and Indicators The EURUSD forex pair, often referred to by its nickname "Fiber," represents the trading relationship between the Euro and the U.S. Dollar, the two most traded currencies globally. This currency pair is heavily influenced by macroeconomic factors from both the Eurozone and the United States, making it a favorite among traders for its high liquidity and volatility. The upcoming release of Purchasing Managers' Index (PMI) data from the Eurozone today and the economic outlook discussion by key Federal Reserve members in the U.S. are likely to influence market sentiment and drive volatility in the pair. The upcoming S&P Global PMI data for both manufacturing and services in the Eurozone is critical, as values above 50 indicate expansion, boosting the Euro, while values below 50 suggest contraction, leading to potential weakness. Similarly, speeches from Federal Reserve officials such as Raphael Bostic and Austan Goolsbee could hint at future monetary policy directions, especially if hawkish tones are observed, which would strengthen the U.S. Dollar. If the Euro PMI surprises to the upside, it could help push EUR USD price higher; conversely, stronger-than-expected comments from Fed officials might weigh on the Euro. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. In the H4 chart of EUR/USD, the pair has been in an upward trend recently, trading within the upper half of the Bollinger Bands. While the price touched the upper band, it has pulled back slightly over the last few candles, with the most recent candle being bearish. The price is currently hovering between the middle and upper Bollinger Bands, indicating that the pair may still maintain its bullish bias as long as it remains above the middle band. Moreover, the price is oscillating between the 0 and 0.236 Fibonacci retracement levels, suggesting a consolidation phase after recent gains. The MACD indicator shows a weakening bullish momentum, with the histogram declining and the MACD lines appearing close to a potential bearish crossover. This could indicate short-term bearish pressure. However, as long as the price holds above key Fibonacci support levels, particularly around the 0.236 retracement, the bullish outlook might still prevail. Traders should closely monitor a potential breakout or breakdown of these levels to gauge the next significant price movement. • 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
-
EURGBP H4 Technical Analysis: Bearish Trend in Focus The EURGBP currency pair, often referred to by traders as "Chunnel" or the "Euro-Pound," represents the exchange rate between the Euro and the British Pound. Euro-Pound price is influenced heavily by macroeconomic data from both the Eurozone and the United Kingdom. For today, Euro news includes the Producer Price Index (PPI) and Consumer Confidence Index, both serving as important indicators of inflation and economic sentiment. ECB President Christine Lagarde's speech at the Michel Camdessus Central Banking Lecture could also provide key insights into future monetary policy, which may influence the Euro. On the UK side, news surrounding consumer confidence and retail sales will be critical in shaping market sentiment. With both regions facing inflationary pressures, today's data releases and speeches are expected to heighten volatility in the EURGBP pair. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Analyzing the EURGBP H4 chart, we can observe that the pair has been in a bearish trend, with four bullish candles out of the last eleven. The price has declined from the upper Bollinger Band to the middle band and touched the lower band, indicating increased volatility. After bouncing off the lower band, the last two candles have turned bullish, suggesting a potential short-term recovery. Currently, the Chunnel’s price is trading between the 1.0 Fibonacci level and the 0.786 level, highlighting a potential area of support. The RSI stands near the oversold zone, signaling that the bearish momentum may be weakening, and a bullish reversal could be imminent. Traders should watch for the price movement between these critical Fibonacci levels and observe the RSI for any divergence, which could provide further confirmation of a trend 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
-
GBPUSD H4 Chart Indicators Outlook and Forecast The GBPUSD forex pair, often referred to as "Cable," is a major currency pair that represents the British Pound against the US Dollar. This pair is widely traded in the forex market, and its movements are influenced by economic factors from both the UK and the US. Traders keep a close eye on it, especially when significant economic data or central bank announcements are expected. For today's fundamental outlook on Cable, the upcoming releases from the Bank of England are highly anticipated by traders. The central bank's hawkish stance is expected to positively impact the GBP, especially if the Monetary Policy Committee (MPC) members vote for an interest rate hike or lean toward tightening policies. Insights from the minutes of the MPC meeting and the inflation letter due to CPI fluctuations will provide critical clues about the UK's economic health. On the US side, Treasury International Capital (TIC) flows and Philadelphia Fed Business Outlook Survey may affect the dollar, especially if demand for domestic securities surges, or if manufacturers display confidence in business conditions. Both of these indicators are pivotal for USD valuations in the coming trading sessions. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. In the Cable’s attached H4 chart, we can see a bullish trend for GBP/USD with a combination of both bearish and bullish candles, but the overall movement shows price appreciation. The Ichimoku Cloud, which acts as a dynamic support and resistance level, confirms the bullish outlook, with the price currently above the cloud. Furthermore, the pair trades between the 0.786 and 1 Fibonacci retracement levels, which signals potential resistance around the upper level. The MACD indicator shows a bullish divergence, with the histogram reflecting increasing buying momentum, suggesting the upward trend could continue. However, traders should remain cautious as minor corrections are still possible. • 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
-
USD/CAD Current Market Overview USD/CAD, also known as the “Loonie,” reflects the exchange rate between the U.S. dollar and the Canadian dollar. The pair has recently shown signs of bullish momentum, but this trend is beginning to lose steam, as evidenced in the latest price action. The chart displays a gradually weakening upward slope, suggesting that buyers might be losing control. Today, both the U.S. and Canadian economies are expected to release significant data, including U.S. housing starts and the Federal Reserve’s statement on interest rates, which could cause volatility. Additionally, the Bank of Canada (BoC) is expected to release the Summary of Deliberations, adding more potential for movement in the pair. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Technically, the Relative Strength Index (RSI) has broken out of its bullish structure, indicating a possible shift toward bearish sentiment. Meanwhile, the Moving Average Convergence Divergence (MACD) is showing signs of a bearish wave potentially forming, with the MACD line approaching the signal line from above. Given the fundamental backdrop, including crude oil inventory reports, interest rate decisions, and projections, these indicators suggest caution for traders as a potential downturn may follow in the coming sessions. • 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
-
USDCAD H4 chart technical overview today The USDCAD forex pair, often referred to as the "Loonie," is a popular currency pair that represents the exchange rate between the US Dollar (USD) and the Canadian Dollar (CAD). As a commodity-based currency, the Canadian Dollar is closely tied to oil prices, while the US Dollar's strength is influenced by macroeconomic factors. The upcoming CAD news, especially from Statistics Canada and CMHC regarding housing starts and consumer price indexes, is expected to drive volatility, especially since inflation and construction are key economic indicators. From a fundamental perspective, the Canadian Dollar could strengthen today if housing starts data and inflation reports exceed forecasts, signaling a robust economy. On the USD side, traders will focus on retail sales and manufacturing production figures, which are key to gauging US consumer demand and inflationary pressure. If US data underperforms while Canadian data impresses, this may tilt the USDCAD pair toward further CAD gains. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Analyzing the USDCAD H4 chart, several technical indicators provide insights. The price has been in a slightly bullish trend, consolidating within the upper half of the Bollinger Bands, indicating upward momentum. The MACD histogram is showing a positive divergence, suggesting slight bullish pressure. The price is currently between the 0.236 and 0 Fibonacci retracement levels, hinting at potential resistance. However, if the bullish candles continue to dominate, a breakout above the 0.236 Fib level could push the pair higher. • 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
-
USDJPY bearish trend continues on H4 chart USD/JPY forex pair, also known as the "Gopher," is one of the most traded forex pairs globally, reflecting the relationship between the U.S. dollar and the Japanese yen. The pair is highly sensitive to market sentiment, risk appetite, and economic developments in both the U.S. and Japan. Today’s economic landscape is shaped by the upcoming release of the New York Manufacturing Index from the U.S., which serves as a leading indicator of economic health. If the actual index is higher than forecasted, it will support the dollar, signaling improving business conditions. However, due to the closure of Japanese banks for Respect-for-the-Aged Day, market liquidity could be low, leading to irregular volatility and a higher influence of speculators. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Analyzing the USD/JPY H4 chart, the price is currently trading below the Ichimoku cloud, indicating bearish momentum. The cloud has widened, suggesting the potential for a stronger downtrend, though the last four candles show a slight bullish correction. The price is fluctuating between the 0.786 and 1 Fibonacci levels, having corrected slightly after touching the 1 level. The MACD shows a weak bullish divergence, but the histogram remains negative, signaling that any bullish momentum may be short-lived. Overall, the trend remains bearish, and further declines are expected after this minor 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. Capitalcore
-
NZDUSD H4 Trading Strategy and Key Zones The NZD/USD currency pair, often referred to by its nickname "Kiwi," is a popular pair in the forex market, representing the exchange rate between the New Zealand Dollar and the US Dollar. Traders and investors follow it closely due to New Zealand's commodity-based economy and the US Dollar's status as the world's reserve currency. Upcoming economic reports from both countries, including New Zealand's Performance of Manufacturing Index and the US Import Price Index and consumer sentiment from the University of Michigan, will likely influence market movements today. Fundamentally, traders are paying attention to the US Import Price Index, which could indicate inflationary pressures, and the University of Michigan's consumer sentiment and inflation expectations, which provide insights into consumer spending and inflation outlooks. A higher-than-expected reading for both reports would be bullish for the USD, potentially pushing NZD/USD downward. However, New Zealand's PMI, if it shows expansion, could support the Kiwi, creating mixed signals for the pair. Traders should watch these reports as they will directly impact the pair's short-term direction, especially as inflation data becomes more critical in the context of central bank policies. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Technically, the NZD/USD H4 chart shows a bullish momentum building, as the pair is moving towards the Ichimoku cloud but still trades below it. The last three candles have been bullish, with the price currently sitting around the 0.382 Fibonacci retracement level. If the price can break above this level, there is potential for it to reach the 0.5 or 0.618 Fibonacci levels. The Williams %R indicator shows that the pair may be overbought in the short term, signaling possible resistance ahead. Traders should watch how the price reacts to the 0.382 Fibonacci level as it will dictate the next move upward or a possible retracement. • 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 H4 Chart Analysis with MACD and Fibonacci The EUR/USD forex pair, often referred to as "Fiber," is one of the most actively traded currency pairs in the forex market, representing the economies of the European Union and the United States. Its liquidity and volatility make it a favorite among traders, especially during times of major economic releases from either region. Today, key European and US data, such as the Eurozone Wholesale Price Index and the US Producer Price Index (PPI), will be the focal points, offering insights into inflationary pressures in both economies. Higher-than-expected PPI or Wholesale Price Index results could signal potential price increases passed on to consumers, impacting inflation and potentially affecting ECB or Fed rate decisions. Fundamentally, the euro currency may see significant movement today, driven by the Wholesale Price Index (WPI) in the Eurozone and unemployment data from Istat, both of which indicate the broader economic health. Rising wholesale prices could further strain inflationary pressures, making the ECB's monetary policy increasingly important. On the US side, PPI data is crucial as it could signal inflationary changes, prompting traders to look for clues about the Fed’s future rate hikes. With the recent ECB decisions on rates and the looming US data, volatility is expected, especially if the data deviates significantly from forecasts. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. The EUR/USD H4 chart displays a clear downtrend, as the price has been consistently bearish over the past four candles. It has descended from the upper Bollinger Band and is now hovering between the middle and lower bands, indicating increasing bearish pressure. The Bollinger Bands have widened slightly, suggesting potential for further price movement, with volatility picking up. The Fibonacci retracement levels show that the price is fluctuating between the 0.382 and 0.5 levels, highlighting a potential support area near the 1.09116 level. However, the MACD indicator shows bearish momentum, as the histogram bars are increasing in the negative region, signaling that the price could continue its downward movement. As the Fiber price approaches the lower bands and key Fibonacci levels, traders should watch for a break below the 1.09116 level, which could trigger further selling pressure. However, a reversal near the middle Bollinger Band could suggest consolidation or potential bullish recovery if it holds support at the 0.5 Fibonacci 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
-
Bearish Pressure Mounts on EUR/GBP The EUR/GBP, often referred to as the "Chunnel," represents the exchange rate between the Euro and the British Pound, two of Europe's most widely traded currencies. Currently, this pair is facing bearish pressure as it tests a descending trendline on the H4 chart. MACD signals are weakening, with the histogram declining and the signal line converging near the MACD line. Additionally, the RSI stands at 56.59, showing a neutral position but with a declining bullish slope. The recent price action hints at the potential for a bearish wave if the bullish trendline below the current price of 0.84422 fails to hold. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Upcoming economic data for both the Eurozone and the UK are key factors that could shift the market's predictions. With German Final CPI expected at -0.1% and UK employment data, including the Claimant Count Change and Unemployment Rate, traders should watch closely. A break below the bullish trendline could lead to increased bearish momentum, favoring sellers, while a hold above this level might provide temporary support for the bulls, though technical indicators currently suggest a bearish 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
-
USDJPY Technical Analysis Hints at Further Losses The USDJPY forex pair, commonly referred to as "The Ninja," is known for its volatility and is a major currency pair in the global foreign exchange market. It represents the strength of the US Dollar (USD) against the Japanese Yen (JPY), making it sensitive to economic indicators from both Japan and the United States. As of today, traders are eyeing key economic data from Japan, including the Bank of Japan’s release on outstanding loans, the current account figures from the Ministry of Finance, and quarterly GDP data, all of which can influence the JPY. In the US, wholesale inventories and consumer credit data are expected, potentially impacting the USD. These reports, especially the GDP and loan data, could cause fluctuations in the USDJPY, as they reflect consumer confidence and economic growth in Japan, while inventory data may signal shifts in business spending in the US. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Analyzing the USDJPY H4 chart, we see a clear bearish trend, reinforced by the price being below the Ichimoku cloud, a strong indicator of downward momentum. The recent Fibonacci retracement levels further highlight the price’s fall below the 0.786 level, which suggests that a deeper retracement might be underway. The chart shows that 7 of the last 10 candles are bearish, with the last three continuing this pattern, signaling strong selling pressure. The RSI indicator is also trending lower, currently below 30, which suggests oversold conditions, though there may still be room for further downside movement. Overall, the USDJPY’s technical indicators point to continued bearish momentum in the short term, with potential support around the 1 Fibonacci 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
-
EURUSD H4 RSI and Fibonacci Levels in Focus EUR/USD forex pair, often referred to as "Fiber," is one of the most traded currency pairs in the Forex market, reflecting the value of the Euro against the U.S. Dollar. This pair is highly influenced by the economic and political events in both the Eurozone and the United States, making it a vital indicator of the global economy's health. Today’s upcoming news includes significant economic reports from both the Eurozone and the U.S., which are expected to impact the direction of EUR/USD price. From a fundamental perspective, key reports from the Eurozone, such as industrial output, foreign trade balance, and employment data, will be essential to monitor. Better-than-expected results could strengthen the Euro, especially if industrial output and foreign trade data outperform forecasts, indicating robust economic health. On the U.S. side, the upcoming Non-Farm Payrolls (NFP) and unemployment rate data are likely to dictate the market's sentiment toward the U.S. Dollar. A positive NFP figure would indicate a stronger labor market, potentially boosting the Dollar. Additionally, speeches from key Federal Reserve officials, like John Williams and Christopher Waller, may provide clues on future U.S. monetary policy. Any hints of further interest rate hikes could support the Dollar, pressuring the EUR/USD lower. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. In the technical analysis based on the EUR/USD H4 chart, the pair is showing a clear uptrend, supported by the last three bullish candles. The price is currently moving from the middle Bollinger Band toward the upper band, even touching the upper line. This suggests increasing volatility and a possible continuation of the upward movement. Additionally, the price has moved from the 0.382 Fibonacci retracement level to the 0.236 level and is now hovering near this point, showing potential to rise further toward the 0.0 Fibonacci retracement level. The Bollinger Bands are widening, indicating higher market volatility, while the RSI is gradually climbing, signaling further bullish momentum. If the price breaks the 0.236 Fibonacci level convincingly, the next target could be the 0.0 Fibonacci level around 1.12029, with strong support at the 1.1050 region. • 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
-
AUDUSD bullish reversal on the H4 chart The AUD/USD currency pair, also known as the "Aussie," is one of the most traded forex pairs, representing the strength and dynamics of the Australian dollar against the US dollar. With Australia being a resource-rich economy and the US being the world’s largest economy, the AUD USD pair is influenced by commodity prices, interest rate differentials, and overall market risk sentiment. Today, the market's attention is focused on the upcoming news from the Australian Bureau of Statistics regarding trade balance, as well as speeches by RBA Governor Michele Bullock, which may offer clues on future monetary policy. Additionally, key USD economic indicators, such as job cuts and labor market data, will further impact the direction of this pair. If Australia’s export data beats expectations or the RBA signals hawkish intentions, the Aussie could strengthen, while weak US labor data could also support a rise in AUD/USD. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. Analyzing the AUD/USD H4 chart, we see several technical factors at play. The pair has been in a clear downtrend, moving from the 0 Fibonacci level down to below the 0.236 Fibonacci retracement level. However, the recent Aussie’s price action shows a recovery, with four out of the last five candles being positive, pushing the price above the 0.236 Fibonacci level. If this momentum continues, AUD/USD could aim to return to the 0 Fibonacci level. In terms of Ichimoku, the price dropped below the cloud but is now making an effort to re-enter and test it, indicating potential bullish momentum. Additionally, the MACD is showing signs of a possible bullish crossover, supported by a decreasing bearish histogram, which could signal further upward movement in the short term for AUD USD forex pair. • 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
-
NZDUSD Price Action Breaks Key Fibonacci Level The NZDUSD, commonly referred to as the “Kiwi,” is a major forex pair consisting of the New Zealand Dollar (NZD) and the United States Dollar (USD). As a commodity currency pair, NZD/USD is influenced by global economic trends, commodity prices, and interest rate differentials. The pair is popular among traders for its liquidity and the potential for high volatility, often responding sharply to economic data and geopolitical developments. Today’s key economic events could significantly impact the NZDUSD pair, particularly any updates related to New Zealand's trade balance, which plays a critical role in the currency's valuation. Positive data from New Zealand could strengthen the Kiwi, while any negative sentiment from the US market could drive the NZD USD forex pair lower. Additionally, any changes in the Federal Reserve’s stance on interest rates could also lead to volatility, as traders assess the future path of monetary policy in the US. Market participants will closely monitor these developments, which could set the tone for short-term price movements in the NZDUSD forex pair. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. The H4 chart of NZDUSD displays a clear bearish trend, with 13 out of the last 19 candles being bearish, including the most recent one. The price has moved from the upper Bollinger Band towards the middle band and then to the lower band, where it is currently hovering, indicating strong selling pressure. The expansion of the Bollinger Bands suggests increasing volatility, supporting the downward movement. The price has recently broken below the 0.236 Fibonacci retracement level and is now between the 0.382 Fibonacci level, highlighting a significant retracement from its recent highs. The RSI indicator is trending below 50 and approaching oversold territory, currently around 33.18, suggesting that while the bearish momentum is strong, there might be a potential for a short-term correction or consolidation before continuing its downward trajectory. • 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
-
USD/JPY H4 Chart Signals Bullish Breakout The USD/JPY currency pair, often referred to as the "Gopher," is a popular forex trading pair that tracks the exchange rate between the US Dollar and the Japanese Yen. It is one of the most traded currency pairs globally, offering high liquidity and volatility, making it a favorite among traders. Today's trading dynamics are likely to be influenced by economic indicators from both Japan and the US, including the Japanese Ministry of Finance's data on capital expenditures and the Jibun Bank Manufacturing PMI. Fundamentally, the USD/JPY pair may experience increased volatility today due to key economic data releases. The Japanese capital expenditures report, a significant indicator of economic health, suggests that if the actual figures exceed the forecast, the Yen could strengthen as increased business investment signals optimism in the economy. Additionally, the Jibun Bank Manufacturing PMI is set to provide insights into Japan's manufacturing sector's health, with readings above 50 indicating expansion. However, with US banks closed for Labor Day, reduced liquidity in USD trading could result in erratic price movements. Traders should be cautious of potential spikes in volatility due to the lower trading volume, which might amplify reactions to the Japanese economic releases. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. From a technical perspective, the USD/JPY H4 chart indicates a light bullish trend, with recent price action dominated by bullish candlesticks. The pair is currently trading near the upper Bollinger Band, signaling strong upward momentum. The price has been oscillating between the middle and upper Bollinger Bands, suggesting a prevailing bullish sentiment. The Bollinger Bands are widening, which typically indicates increasing volatility. Furthermore, the price is situated between the 0.5 and 0.382 Fibonacci retracement levels, a zone that often serves as a resistance area. If the price breaks above this zone, it may continue its upward trajectory; otherwise, a reversal could be possible if the bearish candles gain dominance. The Willy indicator shows mixed signals but leans slightly towards overbought conditions, warranting caution for potential corrections. • 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