Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD, and Brent for 1 April 2026.
EURUSD forecast
On the H4 chart of the EURUSD pair, the market completed a downward wave to 1.1443 and a correction to 1.1576. Today, 1 April 2026, we expect the formation of a consolidation range around this level. In case of an upward breakout, the potential for continuation of the correction towards 1.1600 will open. In case of a downward breakout, continuation of the downward wave to 1.1434 cannot be ruled out, with prospects for continuation of the trend to 1.1360.
Technically, this scenario is confirmed by the indicated Elliott Wave structure and the Wave Matrix with a pivot centre at 1.1666. It is regarded as key within the structure of the downward wave for EURUSD. At the moment, the market is forming a consolidation range above the central line of the Price Envelope at 1.1555. In case of a downward breakout from this range, it will be relevant to expect a decline towards its lower boundary at 1.1434. In case of an upward breakout, a growth leg towards its upper boundary at 1.1600 cannot be ruled out.
Technical indicators for today’s EURUSD forecast suggest considering the probability of further downward movement to 1.1434.
USDJPY forecast
On the H4 chart of the USDJPY pair, the market completed a downward structure to 158.46 and a correction to 159.00 (test from below). Today, 1 April 2026, a consolidation range has effectively formed around the level of 159.19. In case of a breakout from this range upwards, the potential for a wave towards 160.70 will open. In case of a downward breakout, we will consider a corrective wave to 158.00.
Technically, this scenario for USDJPY is confirmed by the indicated Elliott Wave structure and the Wave Matrix of the downward wave with a pivot centre at 159.19. It is regarded as key within this structure. At the moment, the market is forming a corrective wave towards the central line of the Price Envelope at 159.19. Further extension of the downward wave to the lower boundary at 158.00 cannot be ruled out.
Technical indicators for today’s USDJPY forecast suggest considering the probability of a correction to 158.00 followed by growth to 160.70.
GBPUSD forecast
On the H4 chart of the GBPUSD pair, the market formed a downward wave to 1.3158 and a correction to 1.3280. Today, 1 April 2026, we expect the development of a consolidation range below this level. In case of a downward breakout, the potential for a decline to 1.3100 will open. In case of an upward breakout, the potential for a wave towards 1.3298 will open. After reaching this level, a decline to 1.3000 cannot be ruled out. The target is local.
Technically, this scenario for GBPUSD is confirmed by the indicated Elliott Wave structure and the Wave Matrix of the downward wave with a pivot centre at 1.3400. It is regarded as key within this structure. Today, we will consider the probability of a corrective wave towards the central line of the Price Envelope at 1.3298. Subsequently, we will consider the beginning of a downward wave towards its lower boundary at 1.3100.
Technical indicators for today’s GBPUSD forecast suggest considering the probability of a decline to 1.3100.
AUDUSD forecast
On the H4 chart of the AUDUSD pair, the market formed a consolidation range around 0.6868 and broke out upwards. Today, 1 April 2026, we expect the development of a corrective growth wave towards 0.6950. Subsequently, a decline to 0.6816 is expected. The target is local.
Technically, this scenario is confirmed by the indicated Elliott Wave structure and the Wave Matrix of the downward wave with a pivot centre at 0.7000. It is regarded as key within this structure. At the moment, the market is forming a corrective wave towards its upper boundary at 0.6950. Subsequently, we expect a decline towards the central line of the Price Envelope at 0.6900.
Technical indicators for today’s AUDUSD forecast suggest considering the probability of growth to 0.6950.
USDCAD forecast
On the H4 chart of the USDCAD pair, the market completed a growth wave structure to 1.3961. Today, 1 April 2026, we do not rule out a corrective leg to 1.3800. Afterwards, growth to 1.4020 is expected.
Technically, this scenario is confirmed by the indicated Elliott Wave structure and the Wave Matrix of the growth wave with a pivot centre at 1.3629. It is regarded as key within this structure. At the moment, the market completed a growth wave towards the upper boundary of the Price Envelope at 1.3961. Subsequently, we expect a downward wave towards its central line at 1.3800.
Technical indicators for today’s USDCAD forecast suggest considering the probability of a correction to 1.3800 followed by growth to 1.4020.
XAUUSD forecast
On the H4 chart of XAUUSD, the market broke above 4500 and continues forming a growth wave towards 4747. Today, 1 April 2026, we expect this target level to be reached. Subsequently, we will consider the development of a consolidation range above this level. In case of an upward breakout, the potential for growth to 4848 will open, with prospects for continuation of the trend to 4855. Alternatively, in case of a downward breakout, another leg to 4550 cannot be ruled out. The target is local.
Technically, this scenario is confirmed by the indicated Elliott Wave structure and the Wave Matrix of the growth wave with a pivot centre at 4474. It is regarded as key within this structure. At the moment, the market is forming a consolidation range above the central line of the Price Envelope at 4515. In case of a downward breakout, continuation of the downward wave towards 4400 is expected. In case of an upward breakout, the potential for a growth wave towards 4746 will open.
Technical indicators for today’s XAUUSD forecast indicate the probability of growth to 4747.
Brent forecast
On the H4 chart of Brent crude oil, the market completed a growth wave structure to 108.88. Today, 1 April 2026, we consider the development of a consolidation range below this level. In case of an upward breakout, the potential for growth to 114.60 will open, with prospects for continuation of the trend to 136.40. The target is local. In case of a downward breakout, a corrective leg to 97.00 cannot be ruled out, followed by growth to 114.60.
Technically, this scenario is confirmed by the indicated Elliott Wave structure and the growth wave matrix with a pivot centre at 98.00. It is regarded as key within this structure. At the moment, the market is forming a consolidation range around the lower boundary of the Price Envelope at 103.80. In case of an upward breakout, the potential for a wave towards the upper boundary at 114.60 will open. In case of a downward breakout, a correction towards its lower boundary at 97.00 cannot be ruled out.
Technical indicators suggest considering, in today’s Brent forecast, the probability of a correction to 97.00 followed by growth to 114.6.
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Source: Roboforex