📊 Technical Analysis — February 12, 2026
Conclusion
“The broader USD downtrend remains intact.
Short-term consolidation is underway.
NZD and AUD are leading.
Gold is correcting short term.
Cross-yen pairs are weakening on the daily timeframe.”
💱 Dollar Majors — Higher Timeframes Still USD Bearish
🔹 EUR/USD (1.1878)
-
Short term: Mixed / slight selling pressure
-
1H–Daily: Strong buy
👉 Pullback within an intact uptrend.
Structure remains bullish.
🔹 GBP/USD (1.3641)
-
Overall: Bullish bias, but momentum slowing
👉 Slightly weaker than EUR.
🔹 AUD/USD (0.7122)
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Daily: Strong buy
-
Short term: Still firm
👉 Commodity currencies remain resilient.
🔹 NZD/USD (0.6071)
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All timeframes: Strong buy
👉 NZD is currently the strongest currency.
🔻 USD/CHF
-
All timeframes: Strong sell
👉 Weakest USD pair continues lower.
🔻 USD/JPY (153.03)
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Daily: Strong sell
-
Short term: Bounce phase
👉 Dollar-driven decline remains the dominant structure.
🔁 Cross-Yen — Losing Higher-Timeframe Momentum
| Pair | Status |
|---|---|
| EUR/JPY | Daily sell |
| GBP/JPY | Strong daily sell |
| CAD/JPY | Strong daily sell |
| AUD/JPY | Daily buy intact |
| NZD/JPY | Neutralizing |
| CHF/JPY | Neutralizing |
👉 Cross-yen pairs are weakening on higher timeframes.
Less clarity compared to dollar pairs.
🥇 Gold (5,058)
-
Short term: Strong sell
-
Daily: Strong buy
👉 Short-term correction at elevated levels.
Primary uptrend remains intact.
🥈 Silver (83.34)
-
Short term: Strong sell
-
Daily: Neutral
👉 Weaker than gold.
🧊 BTC (67,905)
-
Short term: Buy
-
Daily: Strong sell
👉 Rebound underway, but broader structure remains bearish.
🧭 Market Structure Overview
🔺 Strong Side
-
NZD/USD
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AUD/USD
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EUR/USD (on dips)
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XAU/USD (daily trend)
🔻 Weak Side
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USD/CHF
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Cross-yen pairs (daily)
-
BTC (daily)
🎯 Trading Priority
🟢 Long Candidates
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NZD/USD
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AUD/USD
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EUR/USD (buy dips)
🟡 Caution Zone
-
Cross-yen pairs
-
Gold (short-term correction)
🔴 Short Candidates
-
USD/CHF
-
BTC (sell rallies on daily bias)
📝 In One Sentence
“USD weakness persists, but short-term consolidation is underway.
NZD and AUD are leading.
Cross-yen pairs are losing strength.
Gold is taking a breather.”
This is a relative strength selection market.
Dollar selling remains the theme — timing is everything.
