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๐Ÿ“Š Technical Analysis โ€” February 9, 2026

๐Ÿ“Š Technical Analysis โ€” February 9, 2026

Bottom line first:

โ€œBroad-based yen weakness continues. Cross-yen pairs are in a full trend phase.
Dollar majors lack direction or remain in correction.
Gold is firm.
BTC stands out with โ€˜daily-chart-level weakness in a different league.โ€™โ€

๐Ÿ’ด USD/JPY (Clearly the Main Driver)

  • From 5-minute charts through daily: all signal strong buy

  • Indicators and moving averages are fully aligned

๐Ÿ‘‰ The 157 zone reflects a pure yen-selling trend.
Despite intervention vigilance, technicals show no braking signals at all.

๐Ÿ”ฅ Cross-Yen (Strongest Zone)

Pair Status
EUR/JPY ๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข
GBP/JPY ๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข
AUD/JPY ๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข
CAD/JPY ๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข
CHF/JPY ๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข
NZD/JPY ๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข

๐Ÿ‘‰ All cross-yen pairs are simultaneously in โ€œstrong buyโ€ territory
= Yen selling is the core theme of the market.

๐Ÿ’ฑ Dollar Majors (Somewhat Indecisive)

EUR/USD (1.1792)

  • Short-term to hourly: mixed sell / neutral

  • Daily: neutral

๐Ÿ‘‰ Downside pressure is easing, but no decisive reversal signal yet

GBP/USD

  • Short-term strength, daily still neutral

๐Ÿ‘‰ Lower priority, with cross-yen trades taking precedence

AUD/USD

  • Strong buy across all timeframes

๐Ÿ‘‰ An exceptional outperformer among dollar majors

๐Ÿฅ‡ Gold โ€” XAU/USD (4,884)

  • Short-term to hourly: ๐ŸŸข Strong buy

  • Daily: neutral

๐Ÿ‘‰ Recent declines have been rejected, with price turning higher again.
This reflects a coexistence of risk aversion and dollar strength.

๐ŸงŠ BTC/USD (66,383)

  • Short term: residual buying interest

  • Daily: strong sell firmly entrenched

๐Ÿ‘‰ The pattern of โ€œshort-term bounce โ†’ rejection on higher timeframesโ€ continues.
Currently the only asset seeing clear capital outflows.

๐ŸŽฏ Current Priority

๐ŸŸข Top Priority (Trend-Following)

  • AUD/JPY

  • CAD/JPY

  • CHF/JPY

  • NZD/JPY

  • EUR/JPY / GBP/JPY

๐ŸŸก Secondary

  • AUD/USD

  • XAU/USD (buy on dips)

โš  Watch & Wait

  • EUR/USD

  • GBP/USD

๐Ÿ”ด Sell-on-Rallies / Avoid

  • USD/NZD

  • USD/CAD

  • BTC/USD

๐Ÿง  One-Sentence Summary

โ€œThis market is moving on the yen, not the dollar.
When in doubt, trade cross-yen.
The asset losing its place as a destination for capital is BTC.โ€

If conditions remain unchanged, cross-yen pairs should remain the main battlefield.

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