Daily Technical Analysis and Forecast — 27 November 2025
EURUSD Forecast
On the H4 chart, EURUSD completed a decline toward 1.1547 before bouncing and forming an upward wave toward 1.1613. A compact consolidation zone is currently forming just below this level.
On 27 November 2025, the price may pull back to 1.1583, with a potential extension to 1.1555. After this, another bullish wave toward 1.1616 is expected, completing the corrective phase.
Once the correction ends, the broader downtrend is likely to resume, targeting 1.1430 at minimum.
The Elliott wave structure and the bearish wave matrix with a pivot at 1.1660 support this scenario. The market is currently forming an upward corrective wave toward the upper boundary of the Price Envelope at 1.1616. After the correction completes, a decline toward the central line at 1.1555, or even the lower boundary at 1.1430, becomes likely.
Technical outlook: EURUSD correction may finalize near 1.1616.
USDJPY Forecast
On the H4 timeframe, USDJPY continues to consolidate around 156.40.
On 27 November 2025, the pair may decline toward 154.89, completing the ongoing correction. Afterward, a bullish wave toward 158.47 may develop.
The Elliott wave structure and the bullish wave matrix with a pivot at 153.90 confirm this scenario. The market is now forming a corrective wave toward the Price Envelope’s lower boundary at 154.89, after which a rebound toward the central line at 156.36 is possible.
Technical outlook: The corrective dip may extend toward 154.89.
GBPUSD Forecast
On the H4 chart, GBPUSD has been developing a bullish wave and may reach the local target at 1.3265 on 27 November 2025. After this, a pullback toward 1.3150 is expected, followed by one more upward movement toward 1.3295, which is likely to complete the correction.
Once the correction ends, the downtrend may resume toward 1.3030, with a possible extension to 1.2911.
The Elliott wave structure and the bearish wave matrix with a pivot at 1.3188 support this view. The pair is currently moving toward the upper boundary of the Price Envelope at 1.3295, after which a decline toward 1.3030 is anticipated.
Technical outlook: Expect a rise toward 1.3295, then a decline toward 1.3030.
AUDUSD Forecast
On the H4 timeframe, AUDUSD continues its upward movement toward 0.6539, which is expected to be reached on 27 November 2025. Afterward, a pullback to 0.6464 is likely, followed by another rise toward 0.6555 to complete the correction.
Once the correction ends, a new bearish wave may unfold toward 0.6420, with the potential to extend to 0.6343.
The Elliott wave structure and the bearish wave matrix with a pivot at 0.6505 confirm this scenario. The pair is currently correcting toward the upper boundary of the Price Envelope at 0.6555. After the correction completes, a decline toward 0.6420 is expected.
Technical outlook: Expected correction toward 0.6555, followed by a decline toward 0.6420.
USDCAD Forecast
On the H4 chart, USDCAD completed a correction toward 1.4055. On 27 November 2025, the market formed a narrow consolidation around this level and broke lower, extending the correction toward 1.4012. After the correction ends, a new bullish wave toward 1.4160 may begin.
The Elliott wave structure and the bullish wave matrix with a pivot at 1.3939 confirm this outlook. The pair is currently moving toward the lower boundary of the Price Envelope at 1.4012, after which an advance toward 1.4160 becomes likely.
Technical outlook: Correction may reach 1.4012, followed by upside movement toward 1.4160.
XAUUSD (Gold) Forecast
Gold is consolidating around 4,141 on the H4 chart without a clear trend.
On 27 November 2025, an upward breakout is possible, targeting 4,260. After reaching this level, a pullback to 4,141 may follow before another rise toward 4,285.
The Elliott wave structure and the bullish wave matrix with a pivot at 4,088 validate this scenario. The market remains in the fifth upward wave, moving toward the upper boundary of the Price Envelope at 4,260. After reaching that level, a correction toward the central line at 4,141 may begin.
Technical outlook: Potential rise toward 4,260.
Brent Crude Forecast
Brent crude continues to form a consolidation range around 61.86 on the H4 timeframe.
On 27 November 2025, an upward breakout would likely initiate a rise toward 66.00, with a further extension to 71.71 possible.
A downward breakout, however, may push the price toward 60.90, after which a recovery toward 65.00 may occur.
The Elliott wave structure and the bullish wave matrix with a pivot at 64.00 support this scenario. Currently, Brent is consolidating above the lower boundary of the Price Envelope near 61.86. A downward break could extend the correction to 60.90, while an upward break opens the path toward 65.00.
Technical outlook: Expect a rise toward 63.00 and 65.00.
Risk Warning:
Past trading performance does not guarantee future results.
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