📊 Technical Analysis — February 12, 2026

📊 Technical Analysis — February 12, 2026

12 2月 2026, 11:02
Masayuki Sakamoto
0
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📊 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)

  • Daily: Strong buy

  • Short term: Still firm

👉 Commodity currencies remain resilient.


🔹 NZD/USD (0.6071)

  • 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)

  • 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

  • AUD/USD

  • EUR/USD (on dips)

  • XAU/USD (daily trend)

🔻 Weak Side

  • USD/CHF

  • Cross-yen pairs (daily)

  • BTC (daily)


🎯 Trading Priority

🟢 Long Candidates

  1. NZD/USD

  2. AUD/USD

  3. 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.