Daily Technical Analysis and Forecast – 27 August 2025
EURUSD Forecast
On the H4 chart, EURUSD is consolidating near 1.1630, forming a range between 1.1600 and 1.1648. For today, 27 August 2025, a breakout to the downside is anticipated, targeting 1.1540 initially. A brief correction back to 1.1600 may follow, with a further decline expected towards 1.1517 as the next target.
From a technical perspective, the Elliott Wave pattern and the current downward structure, with a pivot point at 1.1630, support this bearish scenario. The price is currently forming a downward leg towards the lower edge of the Price Envelope at 1.1540.
Outlook: Continued decline toward 1.1540 is expected.
USDJPY Forecast
USDJPY is trading within a consolidation zone centered around 147.44 on the H4 chart, with boundaries at 146.90 and 147.90. On 27 August 2025, the pair is expected to continue its upward move towards 148.33. A corrective pullback to 147.44 may follow.
The Elliott Wave structure and bullish momentum, with a pivot at 147.44, reinforce this outlook. The price is progressing towards the upper band of the Price Envelope at 148.33, while maintaining stability around its midpoint at 147.44.
Outlook: Likely to rise towards 148.33.
GBPUSD Forecast
On the H4 chart, GBPUSD completed a downward move to 1.3434, followed by a rebound to 1.3492. A breakout below 1.3434 today may trigger a continuation of the downtrend, with 1.3395 and then 1.3360 as likely targets.
Technically, the Elliott Wave formation and bearish structure, pivoting at 1.3492, support further decline. The market is moving towards the lower band of the Price Envelope at 1.3360, with a potential retracement back to 1.3490.
Outlook: Bearish, with a target at 1.3360.
AUDUSD Forecast
AUDUSD remains in consolidation around 0.6486 on the H4 chart, with no clear directional bias. A downside breakout is expected today, with the trend potentially continuing to 0.6400. A correction back to 0.6480 may follow afterward.
The Elliott Wave structure and current bearish setup, pivoting at 0.6515, suggest a continuation of the fifth downward wave towards 0.6400 — the lower limit of the Price Envelope.
Outlook: Bearish move towards 0.6400 anticipated.
USDCAD Forecast
USDCAD has completed an upward wave to 1.3866 on the H4 chart, with a retracement to 1.3822. Today, further growth toward 1.3911 is likely, forming a new consolidation area around 1.3868. A breakout above could lead to 1.3942; a downside break may initiate a correction to 1.3777.
From a technical standpoint, the Elliott Wave pattern and bullish bias with a pivot at 1.3740 support this view. The pair is targeting the upper envelope boundary at 1.3917 before potentially correcting to the 1.3800–1.3688 range.
Outlook: Continued rise towards 1.3911 expected.
XAUUSD (Gold) Forecast
Gold (XAUUSD) has completed a rise to 3,393 on the H4 timeframe. A downward move to 3,350 is expected today, with the possibility of extending the decline to 3,290 if support breaks.
The Elliott Wave pattern and bearish structure, pivoting at 3,350, support this move. Price is stabilizing near the center of the Price Envelope at 3,350 and may decline toward the lower boundary at 3,290 after a brief bounce.
Outlook: Bearish, with targets at 3,350 and 3,290.
Brent (Crude Oil) Forecast
Brent crude completed an upward move to 68.48 on the H4 chart, followed by a pullback to 66.60. For 27 August 2025, another upward push is expected toward 68.66, potentially extending to 68.88 as the next resistance.
Technically, the Elliott Wave structure and bullish pattern with a pivot at 67.70 support this outlook. The market is heading toward the upper limit of the Price Envelope at 68.88, with a possible correction back to 66.60 afterward.
Outlook: Bullish, with a near-term target at 68.88.
Disclaimer: Past trading performance is not indicative of future results. Always conduct your own research and consider your risk tolerance before entering the market.
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