📊 Technical Analysis — February 10, 2026
Conclusion
“The dollar downtrend remains intact. Short-term dollar rebounds are mixed in, but higher timeframes still favor euro and gold. Cross-yen pairs are undergoing a deeper pullback, while BTC continues to see capital outflows.”
💱 Dollar Majors: Short-Term Adjustment, Daily Trend Intact
EUR/USD (1.1903)
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Short term (5–15 min): Strong sell
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Hourly: Neutral
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Daily: Strong buy
👉 This is a healthy profit-taking correction near highs.
The structure remains intact; waiting for daily-chart pullbacks is the correct approach.
GBP/USD
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Short term to hourly: Strong sell
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Daily: Strong buy
👉 Similar to EUR/USD—a pullback within an uptrend.
However, price action is more volatile, making it lower priority than the euro.
AUD/USD
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15-minute & daily: Strong buy
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Hourly: Neutral
👉 The correction has been shallow, leaving the pair well-positioned for another leg higher.
Still one of the stronger commodity currencies.
Ongoing Dollar-Selling Zone
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USD/CAD
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USD/CHF
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USD/NZD
👉 Even if short-term rebounds occur, daily charts remain clearly bearish.
💴 USD/JPY: Rallies Still Favored to Be Sold
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Short term: Neutral to sell
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Hourly & daily: Sell
👉 The 155 area represents a rebound zone, not a base.
The decline is driven more by dollar weakness than by yen strength.
🔁 Cross-Yen: Pullback Continues, Structure Unbroken
EUR/JPY / GBP/JPY / AUD/JPY / CAD/JPY / CHF/JPY / NZD/JPY
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Short term to hourly: Strong sell
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Daily: Buy / Strong buy
👉 This is a classic deep pullback within an ongoing trend.
As long as daily structures hold, buying dips remains the only strategy.
🥇 Gold — XAU/USD (5,056)
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Strong buy across all timeframes
👉 Even as FX churns sideways, gold stands in a different league—
a clear trend asset and capital haven.
🧊 BTC/USD (68,531)
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Strong sell across all timeframes
👉 No signs of a short-term rebound.
Capital is clearly flowing out of BTC and into FX and gold.
🎯 Practical Trade Focus
🟢 Priority Longs
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XAU/USD
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EUR/USD (daily pullbacks)
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AUD/USD
🟡 Watch for Pullbacks
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EUR/JPY
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AUD/JPY
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CHF/JPY
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CAD/JPY
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NZD/JPY
🔴 Sell-on-Rallies Only
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USD/CAD
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USD/CHF
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USD/NZD
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BTC/USD
📝 Market Core — One Takeaway
“Short-term dollar rebounds, long-term dollar weakness.
Gold and the euro are the main actors; cross-yen is a test of patience.
BTC has completely fallen outside the liquidity flow.”
This is a market where short-term noise punishes impatience.
The key is choosing where to engage based on daily charts, not reacting to every intraday swing.
