Daily Technical Analysis & Forecast – 26 September 2025
EURUSD Forecast
On the H4 chart, EURUSD completed a downward movement to 1.1645, hitting the first bearish target. As of 26 September 2025, the pair is consolidating above this level. A breakout above 1.1670 could initiate a corrective upward move, with 1.1705 as the initial target and a possible extension to 1.1780, testing it from below. After the correction, the price may resume its decline towards 1.1625, with potential continuation to 1.1464.
The Elliott wave structure supports this view, with 1.1780 acting as a key pivot within the broader downward trend. The price recently tested the lower boundary of the Price Envelope at 1.1645. Today, a correction towards the midline of the envelope at 1.1780 is likely, followed by a possible move down to 1.1625.
EURUSD Outlook:
- Correction expected to 1.1705–1.1780
- Downtrend continuation towards 1.1625, possibly 1.1464
Risk Warning: Past performance does not guarantee future results.
USDJPY Forecast
USDJPY reached the initial upward target at 149.90 on the H4 chart and is currently consolidating below that level. A short-term correction is expected towards 148.77, with further downside potential to 147.77. After completing the pullback, a new bullish leg may target 151.15, and possibly 153.10.
Elliott wave analysis suggests the pivot at 147.77 is key to the current bullish structure. The pair tested the upper boundary of the Price Envelope at 149.90. A pullback to the central line at 148.77 is expected today.
USDJPY Outlook:
- Corrective decline to 148.77–147.77
- Potential upside continuation to 151.15–153.10
Risk Warning: Past performance does not guarantee future results.
GBPUSD Forecast
GBPUSD has completed a short-term bearish wave down to 1.3326. As of today, the pair is consolidating just above that level. A breakout higher may lead to a correction toward 1.3430, and potentially extend to 1.3550. After that, a downward move back to 1.3326 is expected. A break below that could accelerate the decline toward 1.3140.
The Elliott wave structure identifies 1.3550 as the key pivot. The price is currently reacting to the lower boundary of the Price Envelope at 1.3326. A retracement to the midline at 1.3430 is the likely scenario for today.
GBPUSD Outlook:
- Upward correction to 1.3430–1.3550
- Bearish continuation toward 1.3140 after correction
Risk Warning: Past performance does not guarantee future results.
AUDUSD Forecast
AUDUSD completed its first bearish impulse to 0.6525. Consolidation has since formed above this level. A breakout upward may trigger a correction to 0.6575, possibly reaching 0.6616. After that, another move lower to 0.6496 is likely.
This aligns with the Elliott wave analysis, where 0.6616 is the pivot. The price has reacted to the lower Price Envelope boundary at 0.6525. A pullback toward 0.6575 (central line) is anticipated.
AUDUSD Outlook:
- Correction likely toward 0.6575–0.6616
- Possible continuation of downtrend to 0.6496
Risk Warning: Past performance does not guarantee future results.
USDCAD Forecast
USDCAD has completed a bullish movement to 1.3947 and is consolidating just below that level. A correction may soon unfold toward 1.3898, with potential to extend lower to 1.3838. If this occurs, another bullish wave toward 1.3950 could follow.
The Elliott wave matrix marks 1.3838 as the main pivot. The pair is reacting from the upper boundary of the Price Envelope at 1.3947. A pullback to the central line at 1.3838 is expected.
USDCAD Outlook:
- Correction toward 1.3898–1.3838
- Potential bullish continuation to 1.3950
Risk Warning: Past performance does not guarantee future results.
XAUUSD (Gold) Forecast
Gold (XAUUSD) continues consolidating around 3,750. A minor downward move toward 3,707 is possible today. Once this correction completes, an upward wave targeting 3,790 is expected. A breakout above this could extend the rally toward 3,840.
The Elliott wave structure identifies 3,595 as a long-term bullish pivot. The current price action suggests a correction to the midline of the Price Envelope at 3,707, followed by a move toward the upper boundary at 3,790.
XAUUSD Outlook:
- Correction to 3,707, then rise toward 3,790–3,840
Risk Warning: Past performance does not guarantee future results.
Brent Crude Oil Forecast
Brent crude is consolidating around 68.25, with the upper range extending to 68.85. A temporary decline toward 68.00 is possible. Once the correction is complete, a bullish continuation toward 71.05, and possibly 71.50, is expected.
Technical analysis shows 68.25 as the key pivot. The current move is headed toward the upper boundary of the Price Envelope at 71.05. A correction toward the central line at 68.25 remains valid.
Brent Outlook:
- Short-term decline to 68.00, then bullish move to 71.05–71.50
Risk Warning: Past performance does not guarantee future results.
Leave a Reply