The 64-year-old Italian still has two years remaining on his £6million-a-year contract but has been left fighting for his future following England's dire performance in South Africa.
Asked if he was considering resigning in the aftermath of England's worst-ever World Cup finals defeat, he said: "Absolutely not.
"But I want to speak with the chairman and then decide my future and I need to know whether the FA have confidence in me or not."
Capello will hold a press conference on Monday lunchtime where he will face questions about England's disappointing campaign, which brought two draws and one win in the group stage before the last 16 debacle.
"We probably arrived a little bit tired at the end of the season," suggested Capello immediately after the defeat in Bloemfontein which included a disallowed goal for Frank Lampard when the ball had clearly crossed the line with the Three Lions trailing 2-1 at the time.
"But after the game that they played against Slovenia, we suffered from Germany's speed.
"But I say again, I am sure that a big mistake from the referee stopped us from going forward.
"We scored. It is incredible. In this period of technology, in this period where we can have five referees, we cannot decide if that was a goal or not.
"We have to speak about this goal. We have to speak about a mistake from the linesman - and the referee because I could see it had gone in from the touchline. I saw the ball bounce and go over the line.
"I do not understand this mistake."